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<p>[QUOTE=&quot;RonSanderson, post: 5212760, member: 77413&quot;]Thanks to those who offered a grade on the 1909-S Lincoln. I bought this to put in my Lincoln Cent album. I already had one that is a PCGS MS65 RB CAC. I didn&#039;t want to break that out given the grade and CAC sticker. Here is that one.</p><p><br /></p><p>[ATTACH=full]1215631[/ATTACH]</p><p><br /></p><p>So I was looking for something that looked nice but perhaps not so rarified a grade. I found the coin below in an ICG MS62 holder (#<a href="http://www.icgcoin.com/load_SNSearch.php?ctn=3550910401" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.icgcoin.com/load_SNSearch.php?ctn=3550910401" rel="nofollow">3550910401</a>). I got it on eBay for $325.</p><p><br /></p><p>I have now broken it out of the holder, and provide new pictures of the raw coin. After that, I will have some comments.</p><p><br /></p><p>[ATTACH=full]1215632[/ATTACH]</p><p><br /></p><p>These are the highest resolution CoinTalk supports, and do not have the color compression artifacts visible in the GIF above.</p><p><br /></p><p>[ATTACH=full]1215633[/ATTACH] [ATTACH=full]1215634[/ATTACH]</p><p><br /></p><p>There were 10 guesses. They covered AU55, AU58, MS62, MS63, MS64, MS65, MS66, and MS67. Only [USER=24314]@Insider[/USER] hit the actual ICG grade of MS62 (as well as several other grades!).</p><p><br /></p><p>In hand, this has terrific luster on front and back. It is arguable that it is actually a more attractive coin than the one I had, even though the grade is lower. The fields are smoother and free of marks, more like an MS66 than my original MS65. The reverse has a few planchet artifacts (like waves or ripples) underlying ONE and CENT. Even so, the strike, surface, and eye appeal far exceed this PCGS MS65 from Heritage Auctions.</p><p>[ATTACH=full]1215635[/ATTACH]</p><p><br /></p><p>I think both [USER=15309]@Lehigh96[/USER] and [USER=24314]@Insider[/USER] made some excellent points. Paul suggests that an ICG holder might reduce the liquidity of the coin within it. The price of $325 that I paid is still below the <a href="https://www.ngccoin.com/coin-explorer/lincoln-cents-wheat-reverse-1909-1958-pscid-99/1909-s-lincoln-1c-ms-coinid-12432" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.ngccoin.com/coin-explorer/lincoln-cents-wheat-reverse-1909-1958-pscid-99/1909-s-lincoln-1c-ms-coinid-12432" rel="nofollow">NGC price guide for MS62</a>, which is $415. Skip gave a terrific analysis of why even a &quot;normal&quot; coin like this can provide many reasons to grade higher or lower.</p><p><br /></p><p>The photos show a color change on the obverse high points, but in hand it can only be seen with my strongest loupe. The color actually seems the same as another silvery spot on the right side of the field. That spot does not show up in these photos since none of the 9 lighting angles light that up directly. But there are similar small silver spots under GOD and UST, and under the B of LIBERTY. So it may be a toning difference, but given the sharpness of the beard, it&#039;s debatable whether it is a rub or just a variation in how the overlay of golden-red toning developed.</p><p><br /></p><p>One last point - the price guide values range from $240 to $30,000 for the 10 guesses. MS65 is 1200, MS65+ is 1900, MS66 is 3000. So people really can find nice coins in ICG holders. And determining a repeatable grade is not easy task. The range of guesses proves that.</p><p><br /></p><p>I&#039;m putting it into that last hole of my Lincoln set now. (I hope the Intercept Shield album keeps it safe and red...)[/QUOTE]</p><p><br /></p>

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