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10-24-2009, 03:45 AM
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#1 (permalink)
| | 73 Buick Riviera owner
Join Date: Feb 2005 Location: Girard PA
Posts: 1,052
My Mood:  | Sold The Chronicles set? What Price?
I sold my Lincoln Chronicles set today on Ebay. I had a start of $149 and buy it now $165. It sold at $165 after being posted for 5 hours.
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10-24-2009, 04:31 AM
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#2 (permalink)
| | Morgans Morgans Morgans
Join Date: Dec 2008 Location: New York
Posts: 3,012
My Mood:  |
I sold mine for $160 + $5 dollar shipping. So about a $100 dollar profit, not to bad for doing pretty much nothing  .
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10-24-2009, 12:11 PM
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#3 (permalink)
| | numismatist
Join Date: Apr 2007 Location: aliquippa, pennsylvania
Posts: 1,321
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.......yeah but now you got no chronicle set.
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10-24-2009, 12:12 PM
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#4 (permalink)
| | US/WORLD CURRENCY JUNKIE
Join Date: Mar 2008 Location: SOUTH FLORIDA
Posts: 835
My Mood:  |
i still dont know what to do. mine will be delivered on monday. if i would put it up, weekends are always the best it seems for higher bids. guess i will decide by tomorrow  | 
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10-24-2009, 12:28 PM
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#5 (permalink)
| | Defender of Old Coinage
Join Date: Jul 2009 Location: Northern California
Posts: 808
My Mood:  | Quote:
Originally Posted by urbanchemist  i still dont know what to do. mine will be delivered on monday. if i would put it up, weekends are always the best it seems for higher bids. guess i will decide by tomorrow | I wouldn't sell it just yet. I don't collect pennies much but the price may go up after this initial craze.
I've seen posts where ppl say the price will fall flat but does anyone actually have an example of a similar situation?  I didn't think so, also someone else mentioned how ugly the Lincoln dollar is, and I agree with that sentiment but ppl are still buying the LN7 and prices may have have gone up since this craze over the release of the LN6. Time will tell but I will keep mine when I get it as nobody knows for a fact what will happen. Oh and again if anyone has a good example, better than the Franklin Chronicles coin mentioned in another post b/c you really can't compare the following of Ben Franklin to the following of Abe Lincoln.  | |
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10-24-2009, 04:39 PM
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#6 (permalink)
| | Member
Join Date: Jun 2009
Posts: 107
| I've seen posts where ppl say the price will fall flat but does anyone actually have an example of a similar situation?
Yes, some new issues go up and keep going up for a while, some come back down. The Marine Commems shot up after release and now have come back down. Same with Ben Franklin sets, and 2005 Legacy sets. On the other side, the ASE 2006 three coin sets went up and then kept going up for a while, and are still well above the pre-release Ebay sale prices, though below peak prices.
The 2005 Legacy sets are among the worst performers. They went up to about $250, almost double the issue price of $135. Now can be bought for well under $100, sometimes as low as $65. The Legacy sets are similar to the Lincoln sets because the coins are available, the packaging and 50,000 limit is what caused the initial price premium.
As always, no one knows if the price for the Lincoln chronicle sets will go up and stay up, go up more, or fall back. Folks can offer an opinon, but it is guessing, some educated guesses, some not.
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10-28-2009, 01:52 PM
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#7 (permalink)
| | You get what you pay for.
Join Date: Feb 2006 Location: Nebraska/Iowa
Posts: 4,760
My Mood:  | Quote:
Originally Posted by fretboard I wouldn't sell it just yet. I don't collect pennies much but the price may go up after this initial craze.
I've seen posts where ppl say the price will fall flat but does anyone actually have an example of a similar situation? I didn't think so, also someone else mentioned how ugly the Lincoln dollar is, and I agree with that sentiment but ppl are still buying the LN7 and prices may have have gone up since this craze over the release of the LN6. Time will tell but I will keep mine when I get it as nobody knows for a fact what will happen. Oh and again if anyone has a good example, better than the Franklin Chronicles coin mentioned in another post b/c you really can't compare the following of Ben Franklin to the following of Abe Lincoln. | well, the 2006 20 year set of silver eagles topped out at around $600, then fell to $300. Granted that is still 3X what it cost, but...
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10-29-2009, 10:27 AM
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#8 (permalink)
| | Defender of Old Coinage
Join Date: Jul 2009 Location: Northern California
Posts: 808
My Mood: | Quote:
Originally Posted by bqcoins well, the 2006 20 year set of silver eagles topped out at around $600, then fell to $300. Granted that is still 3X what it cost, but... | I've been reading and thinking that I may sell but after receiving my set yesterday. I will not sell unless I can make a minimum of $250 profit!! The set is gorgeous!! 
Obviously I don't care if the price falls flat or not, I will sell no wine till it's time!!  And there may not be a time for me!
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11-04-2009, 10:15 AM
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#9 (permalink)
| | Senior Member
Join Date: Aug 2007
Posts: 577
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Originally Posted by fretboard I wouldn't sell it just yet. I don't collect pennies much but the price may go up after this initial craze.
I've seen posts where ppl say the price will fall flat but does anyone actually have an example of a similar situation? I didn't think so, also someone else mentioned how ugly the Lincoln dollar is, and I agree with that sentiment but ppl are still buying the LN7 and prices may have have gone up since this craze over the release of the LN6. Time will tell but I will keep mine when I get it as nobody knows for a fact what will happen. Oh and again if anyone has a good example, better than the Franklin Chronicles coin mentioned in another post b/c you really can't compare the following of Ben Franklin to the following of Abe Lincoln. | The 1950-D nickels come to mind. And more recently, the LN1 cents which were selling for $300 and up for a $25 box of dark-spotted cents.
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10-24-2009, 12:59 PM
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#10 (permalink)
| | krispy
Join Date: Jun 2009 Location: Brooklyn
Posts: 2,591
My Mood:  |
Indeed! Some folks may sell now for a decent profit but also don't forget holiday shoppers are out there, now and in the months to come. You might have a little time to see where the price is going with these sets and still make money on resale until the end of the year. Beyond is anyone's guess but with 50,000 sets and these coins everywhere, this is mainly a 'packaging' deal with the LN6.
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10-24-2009, 03:20 PM
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#11 (permalink)
| | US/WORLD CURRENCY JUNKIE
Join Date: Mar 2008 Location: SOUTH FLORIDA
Posts: 835
My Mood: |
well mine came in the mail today by suprise. it is a nice set but i do think i am going to put it up on ebay. will be listed tomorrow with other coins and notes | |
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10-24-2009, 04:01 PM
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#12 (permalink)
| | Member
Join Date: Apr 2009
Posts: 152
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Originally Posted by urbanchemist well mine came in the mail today by suprise. it is a nice set but i do think i am going to put it up on ebay. will be listed tomorrow with other coins and notes | sold one for $150, and I will keep the other 2 sets.
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10-24-2009, 04:22 PM
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#13 (permalink)
| | Mysticism and Tyrants
Join Date: Mar 2005 Location: The Land of Lincoln
Posts: 1,478
My Mood:  |
I think in situations such as this it is always a good idea to buy a couple of extra sets to sell immediately so that it off-sets the cost of the ones you decide to keep. Its one way I've found that I can make other collectors pay for my coin habitus.
The trick this time was setting up enough accounts with relatives to be able to purchase the extra sets. Sometimes its good to be one of 9 kids... 
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Money is a lousy way to keep score! | |
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10-25-2009, 05:41 PM
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#14 (permalink)
| | CoinSpace.com CEO
Join Date: Jun 2009 Location: California
Posts: 202
My Mood: |
Mine is scheduled to arrive Tuesday I'm gonna keep it regardless of all the hype now I think the limited qty will prove to increase the value even more over time as all the ones being flipped now will end up in the hands of collectors who truly want to add them to their collections making them more difficult to get.
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10-25-2009, 06:37 PM
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#15 (permalink)
| | BUFFALO HUNTER
Join Date: Dec 2008 Location: Gulf Coast
Posts: 484
My Mood: | Quote:
Originally Posted by Grbose Mine is scheduled to arrive Tuesday I'm gonna keep it regardless of all the hype now I think the limited qty will prove to increase the value even more over time as all the ones being flipped now will end up in the hands of collectors who truly want to add them to their collections making them more difficult to get. |
50,000 limited sets.....and some will be broken up for the 70s.
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