Lincoln haters...

Discussion in 'Coin Chat' started by Atarian, Jun 23, 2012.

  1. Atarian

    Atarian Well-Known Member

    After paying $10 for a watch battery replacement at the semi-local coin & jewelry shop, I found an ANACS 2009 Lincoln dollar in MS70 for $35. I wasn't sure then (and now) what the price of silver is, but that can't be much over melt. And it came a fancy wooden box from the Franklin Mint! I'll use the box to hold loose change or something. Why no love for Lincoln - or is this really what it's worth?

    Also, the label has no serial number. Maybe that's why? It's a really nice coin.
     
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  3. TheNickelGuy

    TheNickelGuy Well-Known Member

    I don't think ANACS would grade a Franklin mint medal, which I am sure there are numerous Lincoln medals that they produced, yet some are sterling silver.
    I do think this Lincoln Dollar you found was the common Presidential dollar and if graded at MS70 by ANACS would probably be worth the price being a "perfect" coin in ANACS opinion.
    I highly doubt that you are referring to a Silver 1918 Illinois Centennial-Lincoln Commemorative half or 2009 Uncirculated Abraham Lincoln Commemorative.
    The ANACS holder has no Certification Number ? Then I even doubt it is properly graded, no matter what it is.
    If it were a genuine 1918 Illinois Centennial-Lincoln Commemorative half it would be a steal at $35.00 even in any kind of slab unless it is pretty much abused to the point of being only worth bullion.
    I wish you had a picture, perhaps you can find another that looked like it on eBay or Google images and post a link?
    President Abraham Lincoln is very popular. I know of nobody who hates Lincoln.
    (hate is a pretty harsh word)
    EDIT ADDED:
    Here is a 2009 First Strike MS70 Commemorative Lincoln certified by ANACS. It fetched $99.00 on eBay as did others in that range or more. If it is one like this I would run back to get it at that price of $35.00.
    anacsLincoln.jpg
     
  4. Detecto92

    Detecto92 Well-Known Member

    $10 for a watch battery replacement is awfully high. You can get a brand new watch for $10.

    You can order the batteries off eBay for like 10 cents each. If you have a "dollar tree" in your area, you can get like 4 for a dollar.

    If your careful, you can usually pop the back off with a knife blade. If it has the screw type back, you can use a plastic knife handle from McDonalds. and a hammer to loosen them sometimes.

    As far as the coin, any anacs slab should have a number. Post a picture of it.
     
  5. dannic113

    dannic113 Member

    It's possible the holder is fake but the coin is real and the dealer didn't know what to do other than ask silver plus a nice premium for the coin. I know lot's of dealers wholesale Anacs and ICG slabs for like $5-8 because they aren't top teir TPG's but even so real Anacs slabs have some serial number or other identifying markings on a label. The franklin mint box is just a total mystery unless as it ws aleady stated it's a franklin mint medal and not an actual coin. As for this
    WOW, please don't become a watchmaker..lol. I wouldn't even go near my swiss esquire screw back with a plastic anything and a hammer let alone any higher quality precious metal watches.
     
  6. Atarian

    Atarian Well-Known Member

    My mistake, it was the equally illustrious First Commemorative Mint. Looks real enough to me?

    [​IMG]

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  7. McBlzr

    McBlzr Sr Professional Collector

    According to the "Red Book" 125,000 were minted as Unc & 325,000 Proofs by the US Mint ;)
     
  8. rickmp

    rickmp Frequently flatulent.

    Your coin is a US Mint produced 90% silver Lincoln Commemorative Dollar.
    $35 was a steal. Great catch!
    The COA? Useless and valueless.
     
  9. icerain

    icerain Mastir spellyr

    Pretty nice looking coin, and at a great price too. Maybe the store charged the coin accordingly to silver value? Most likely they don't know much about numismatic coins.
     
  10. BadThad

    BadThad Calibrated for Lincolns

    AWESOME BUY! Absolutely cherrypicked!
     
  11. silentnviolent

    silentnviolent accumulator--selling--make an offer I can't refuse

  12. McBlzr

    McBlzr Sr Professional Collector

    That coin was also in the Lincoln Chronicles set. :thumb:

    Lincoln_Chronicles_2009_Set.JPG
     
  13. Lehigh96

    Lehigh96 Toning Enthusiast

    Perhaps he doesn't want to wear this:

    [​IMG]

    and prefers to wear this:

    [​IMG]

    $10 is not at all out of line for a watch battery replacement, despite your expertise on the subject, McDonald's plastic knives and all! It takes a lot of coins to get that second watch!
     
  14. BUncirculated

    BUncirculated Well-Known Member

    Recent sales on eBay for this are $79-$87. You got it for $35, I'd say you did good.
     
  15. Atarian

    Atarian Well-Known Member

    Thanks folks. After poking around on the ANACS site I found this:

    So if no-one thinks the the holder looks 'funny' then it appears as if the coin offset the watch battery.

    BTW the watch is my wifes and since she wanted it done professionally then that is what she got! Happy wife, happy life. Plus I scored the coin.
     
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