1999S Close AM Graded by PCGS

[engine823]

Hey all! I have been watching ebay this evening and saw this coin listed for $225 to bid or $350 buy it now. It is graded by PCGS and I went to PCGS and it confirms the info on the holder.
Anyway I can't afford it but I thought someone here may find it to be a good deal. Cherrypickers guide list it in PR-67 at $850.00, PCGS has a list price of $225 which is the starting bid?? Big differance there??
PCGS does show it to have 79 known examples.
Thats pretty rare.

Thought I would pass this one on!!

http://www.ebay.com/itm/1999-S-Proof-Lincoln-Cent-Error-Close-AM-Reverse-FS-901-PCGS-PR-67-Red-DCAM-/220865013513?pt=Coins_US_Individual&hash=item336c94a709

Shannon :)

[jallengomez]

Shannon,

The most recent 1999 CAM that sold on Heritage was a PCGS PR69 on July 9th and it sold for $230. Before that, the most recent to sell was a PCGS PR67 on Jan 23rd and it sold for $109.25. I find that the values PCGS lists are always way out of the ballpark from what the market will support. The proof is always in the recent auctions. If I were buying this coin I'd try to find it for under $110.