I found this Ms Red 1940 Lincoln cent a few years back thats been sitting in my collection for some time now and I recently noticed on the PCGS website that they're selling for 11,500 at Auction . So my question is . After seeing how badly scared and beat up the MS68 is on their website ... should i send this one in for grading or would it be a waist of time ?
The coin you show might grade ms62 or 61 at the top end, au55 at the low, so nowhere near a 68. So i wouldnt send in for grading.
Oh and this is also considered to be a MS RED and what my coin would have to look like in order to graded a MS67 because I thought my coin may be brown
But did you look at how banged up the coin with all the scars is that's on the PCGS website before coming to that conclusion . LOL .
I'm no expert but my coin doesn't have as many scars as the one on the website does when you COMPARE THEM SIDE BY SIDE ?
Because if you compare these coins side by side then you can atleast make a VISIBLE assessment of what sort of grade it will probably fall under without having to be an Expert . Infact I dont believe that alot of people know that these coins on their site are put their for a reason .
I'm not an expert by a long shot and I'm not even sure what grade my coin is going to get yet but I'm sure that if they honor the grade and the IMAGES from their previous MS68 coin then it should have no problem falling in the same category as these two .
I don't think it looks anywhere near as bad as that MS 67 image so thats why a MS 61 or 62 would be unrealistic Coloradoryan and couldn't be taken serious ...
Not trying to discourage anyones personal opinions just looking for serious or professional opinions on what people can actually see from ALL the photos
Take it to a shop. That might help. If he makes you a good offer. You'll have your answer. I believe it to be MS
Let's try another comparison. Here is one I think might be MS64-65 and is not graded. In your reference coin's screen captures, notice the radiant luster that wraps around the high points of the face - beard, cheekbone, and hair over the ear. Feel free to expand this example to see how the radiance of the luster is always apparent on those high points from all angles. The fields on this one are decent, but there are marks in the obverse field under the second T of TRUST. They may have been dings in the planchet before striking, or they may be from being bagged with other loose coins. On the reverse the UNITED STATES OF AMERICA is sort of chewed up, probably from jostling with other coins. The MS68 coin has no issues, no marks that I see, and has a beautiful radiant glow that wraps right around the lettering on the reverse onto the sides of the letters. Your coin has a darkening on the high points of all the facial features. This makes people ask if it is really uncirculated or not. If it has been handled, that will interrupt the continuity of the luster and it should show when moved under light. Finally, your coin does not look as red as either the reference image or the coin in the animation above. Also note that both comparison coins have nice toning. The one above is more subtle, but there is an orange overlay on the reverse on the bottom left quadrant, and it gives the coin a warm attractive feel. The front has less, but the RT in LIBERTY and the sleeve of the jacket are also warmly colored. Finally, note the spotting all over your coin. This is not apparent in the MS68 one. Instead, it has a warm glorious radiant finish that throws multiple shades of color everywhere. Mine is raw, and I suggest you leave yours that way, too.
Well I don't disagree with you there ... But the MS68 do visibly have scaring and damage there despite their nice luster and im assuming that it won't just be graded on luster alone ... infact im sure that the damage would probably play a large part as well and you should probably try sending your coin in since It's looks pretty nice . Or atleast send it to me so that I can atleast tell you what they say about it . And if not then your welcome and please try not to forget about the little people who pointed you in the right direction If I'm right . LOL .
Mint state isn't just about the scars and dings in a cent or any other coin. To determine mint state is the amount of luster present on the devices fields etc. the deep colors on the EPU and one cent (reverse). Not to mention the smoothness of them tell me your coin is in Au condition. @physics-fan3.14 has a formula he uses SLEC. Maybe he will elaborate.
If you read what I wrote Pickin and grinin you will see that I never said it was just about scars and dings ... I was only saying that those scars and dings that you see there plays a part in the grading as well
Over all it doesn't fit into the MS grade. Lets not overlook the basics. You have a nice looking coin. But, it isn't MS.