1972 Lincoln DDO

Discussion in 'Coin Chat' started by jaceravone, Oct 7, 2008.

  1. jaceravone

    jaceravone Member

    What would someone pay for a ANACS slabbed 1972 DDO Die #7 MS64?
     
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  3. jaceravone

    jaceravone Member

    Were are AJ or Phoenix when you need them. Who are some of the other big Lincoln dudes?
     
  4. ziggy9

    ziggy9 *NEC SPERNO NEC TIMEO*

    Here's the info on this coin on coppercoins.com. Chuck's prices seem to be fairly realistic. You can possibly add a little due to the certification.



    1972P-1DO-007
    | CLASS 1
    CONECA: 7-O-I | Crawford: CDDO-007
    Wexler: WDDO-007 | FS#: 1c-033.57

    A nice CCW rotated spread shows on all obverse devices.
    F12 VF20 EF40 AU50 MS60 MS63 MS65
    1.00 2.50 4.00 6.50 9.50 12.00 20.00


    Hope this helps

    Richard
     
  5. jaceravone

    jaceravone Member

    I appreciate the link Richard. I believe I saw the one I was looking at tonight. We hold by monthly coin auctions at my coin clubs. There were a few coins worth looking at tonight, but the one that caugt my eye was the 72DDO #7. Everyone kept looking in their books and price guides, but they were looking at the granddaddy of the 72DDO, not the one we were looking at. So bidding started at $20. THe only two people interested in the coin was me and the guy next to me and so the bidding war started. After getting it up to $30, the guy next to me leaned over and said for me to give up because the guy I am bidding against wont quit until he gets the coin. So I stopped at 30. He later pulled me aside and said that he was willing to take it up to $50. I liked it, just not that much.

    Anyway, just trying to figure out if I did wise by letting it go for what I did or should I have kept bidding on it.
     
  6. Treashunt

    Treashunt The Other Frank

    good move to get out of that bidding war.

    I try never to compete.
     
  7. Just Carl

    Just Carl Numismatist

    You did the right thing. Eventually you'll find one a lot better and be happier with it.
    As for auctions, I always warn people of the kind of auctions I have seen. There is usually what is called a ringer in the crowd. This is someone hired by the auction house or person to bid on items to bring the prices up. If they win, so what, the item just goes back up for auction at the next one.
    Difficult to spot them but if you see a guy that only bids on items that are unusually low, that may well be one of them. If you go to auctions frequently, look for the same guy. They have a tendency to sit in similar places at all auctions.
     
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