I'm relatively new here, and I have not posted much. However, when I saw this topic in my email, I decided to reply. I just changed my avatar yesterday to a 1968-S Lincoln Memorial cent. When I was in the 3rd grade, my Dad bought me a Whitman coin folder for Lincoln Memorial Cents. This marked my introduction to coin collecting. It took me many bike rides to the bank and searching through a plethora of rolls to find a 1968-S.
What are the odds? While taking photos I noticed this distinctive die scratch running through CENT. Then I went to NGC Coin Explorer to check on book value and followed an auction link to Heritage. There is the identical coin with the same scratch! "10/30/16 - NGC $124.00 Lot# 25666 - HA" I can't guarantee that mine would grade MS67, but it sure compares favorably to the ones that have. Of course the next question is, why did someone pay $124 for a coin readily found raw on eBay and shipped to me for $6.75?
Cool, indeed. I wondered how a scratch could be so distinctive and have a nearly right-angle bend in it. I will have a new depth of appreciation when I look at it from now on! And also it's really cool to have found its clone out of 245,338,000 minted. I know people match up the dies for Large Cents, but many fewer of those were made. To find a matching sibling out of this population has a thrill of its own.
All ways quick on the draw Robec. Though I am not sure I agree with NGC' grade. To many focal dings for a 67. imho
There's a pretty good example of why PCGS is perceived as better than NGC in the marketplace. I wouldn't go over 65 for that coin. Too many marks on the reverse.
I tend to agree. When I was comparing mine to that one, I kept looking at the dings and thinking "Geez, mine looks better than that...". It makes more sense to believe that one is MS65 than to think my eBay raw coin would be MS67 or MS68. Still, someone paid 20 times what I did. Can't figure out why. Now, if you can't trust a graded coin to within two grades, and still have to have the skills to "buy the coin, not the slab", where's the incentive to buy slabbed vs. raw? You still have to perform the same due diligence to the best of your ability. On another subject, here's a coin. It might be cleaned, but I think I'll keep it.
I posted this coin before, but this is a much better picture. This picture of the 1918-D was already posted, but here it is again for completeness.
I believe these are die scratches on the reverse. The coin has terrific luster. Alas, I have no 1919-D at this time.... But, this S has a feel that I like.