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Lot
140

1909-S 1C MS67 Red PCGS....

Auction: 2008 December Houston, TX Signature Coin Auction #1118

Sold for: Sign-in or Join (free & quick)
Ended: Dec 3, 2008
Item Activity: 8 Internet/mail/phone bidders
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Description:

Sensational 1909-S Lincoln, MS67 Red

1909-S 1C MS67 Red PCGS. Bright reddish-golden hues dominate the surfaces of this incredible first-year San Francisco Lincoln, each side being aglow with rich, satiny luster. Close examination yields a few well scattered, microscopic carbon flecks and a short paper-thin blemish above the Y in LIBERTY, the only appreciable difference between the coin now and when it left the dies. The strike is incredibly bold, even for this normally well struck issue.
The 1909-S Lincoln is an important key-date issue among cents of the year, but it falls in third place behind the 1909-S Indian cent and the 1909-S VDB Lincoln cent. For that reason, it has historically been underrated or ignored. In the past two decades, with the advent of grading services and especially grading service population reports, many hidden rarities are now being recognized. The 1909-S Lincoln is a perfect example. In full Red preservation, PCGS has certified 425 as MS64, 405 as MS65, 117 as MS66, and just four pieces as MS67. The same service has graded many more 1909-S VDB cents: 865 as MS64, 736 as MS65, 164 as MS66, and nine pieces as MS67. The comparison tells us that the 1909-S cent is much more elusive with full mint red color than is the 1909-S V.D.B.
While the mintage of 1,825,000 was nearly four times greater, the most devoted specialist in the popular series of Lincoln cents knows that even its widely known counterpart with designer's initials on the reverse is not as elusive as the 1909-S Lincoln in Superb Red condition. In MS67 Red, the PCGS population remains unchanged from when we last offered this specimen early in 2006. Population: 4 in 67, 0 finer (9/08).
From our CSNS sale (4/2006), lot 607.
From The Jack Lee Estate Lincoln Cent Registry Set.
(Registry values: N1793) (#2434)

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Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 404, Lot 607 Saturday, April 29, 2006 67 PCGS $51,750.00
Auction 360, Lot 30114 Saturday, January 15, 2005 67 PCGS $46,000.00
Auction 398, Lot 161 Wednesday, December 14, 2005 67 NGC $8,636.50
Auction 352, Lot 5279 Saturday, August 21, 2004 67 PCGS $69,000.00
Auction 334, Lot 5301 Friday, November 7, 2003 67 NGC $17,825.00
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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

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