SHUT THE FRONT DOOR! My Lincoln series is complete!

Haha, I sure wish I could get one in AU. My goal is VF-20 at the max, in order to match the rest of the set. But since I got a job two weeks ago, I may be able to get that pretty soon. I've got some debts to settle first though.

 

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just Ebay window shopping lol.

 

Honestly, it looks like you are all over the place with respect to your collection. Of course, if that is okay with you then that should be okay with everyone. I mention it because you have written multiple times about being short on funds for coins or about buying coins without the requisite knowledge for the niche and these habits get people burned big time.

As for Barber coinage, I would strongly suggest have a full, clear understanding of what grades you will be buying and the prices you will be paying for these coins prior to jumping in since Barber sets are very large and are filled to the gills with uber-tough coins or acknowledged rarities. These sets will chew you up and spit you out if you carry on without preparation.

 

Yes! Congrats on your set completion. Treasure it. Are you gonna be upgrading some o' those others in the album now? My minimum grade is F-12 (except 1922 No -D) on pages 1 and 2, and all red from 1935 on.

I just finished my set this summer: I had only the 1909s VDB and the 1922 No -D left in my Dansco album.

I saved up like crazy, and finally pulled the trigger on an EF-40 09s VDB in a PCGS slab. Fortune smiled on me again when I also finally got a good deal on a 22 No -D (weak reverse, PCGS Genuine, no grade, environmental damage).

Look, I just had to fill that dang hole in the second page of the Dansco album for the silly 22 No -D, even though it's actually a variety.

 

One of the best post I've read. I have 14 sets to date, working on the Barber Halves and Barber Quarters at the moment. The best advice is patience and set a goal for the type set one is willing to complete. Look at the prices before you start and make sure you don't overpay or go in without realizing the total cost.

 

Yea, I'll be the first to admit it, I'm all over the place. When it was just Lincolns it was easy. But since I had most of that done I started looking at other coins I wanted to collect. When I first came here I wanted to have an entire US coin series, which I now see isn't going to be possible. I tried Peace and Morgan dollars but after buying a few graded examples I think that's the route I'm going to go with that series. I don't see many nice ungraded examples that don't look like they have been messed with in some way that are in MS. The coins I'd be putting into the albums for a Barber series would only be a VF-XF. If I want a higher grade coin, at this stage in my collecting life, I'll buy it slabbed.

I just see one type of coin and want to start collecting that, but as you stated, I didn't look at the prices of the keys in the series, like with the Morgans. I'm still young and learning about coins and I'm not going to consider myself the smartest guy out there when it comes to coins, but I am learning. There's just so many different beautiful examples of coins it's hard to stick to one series when I've spend basically 22 years looking only at pennies.

I'm not rich by any means and split my coin collecting up with my PM buying. It's not that I don't have money to buy coins, it's just I've been wasting money on small value coins and if I do decide to switch to something else, I'm going to lose money. I sold the rest of my raw Morgans today on eBay and only have a few dozen coins left to sell before my collection will be where I want it with the number of coins in it. Then after I have those all out of my home I can start to think of where I want to take my collecting. We found out a few months ago we have a baby on the way so that's obviously going to be affecting how much I spend on coins and why I was trying to sell some of my coins. Just trying to get things all straight before we add a member to our family and my coins were taking up too much space.


I do appreciate the advise as I know jumping in without really understanding a series is a big risk to myself. I'm sure I overpaid for some of my Lincolns, but the ones I pay more money for aren't going to be leaving the album.

It's nice to look at my album and know it's complete, but it also makes me want to go back through them and see just how I did when I bought some of these coins long before I joined this forum.

Thanks for the replies everyone! It's nice to know there are people out there that still get excited about a complete series. No one in my family or circle of friends are interested in coins so if I told any of them, they wouldn't care. This place is my coin family and the people here really do want to help others out by teaching them what they need to know to become a better collector. I'm glad to be a member in this forum and have so many wonderful people with so much more experience and knowledge that I could even imagine. When members here are able to tell the die variety and rarity with the most worn coin ever, I know I'm in the right place!

 

I know what you mean, I'm going to be using the 1922 D that I found searching rolls that appears to be a weak D but is just heavily worn. I don't like starting at a hole in my album either!

 

well done!

 

Okay... I've been looking at your post for a while now, and thinking: Why do you think the 09s is overvalued? Why is it that all the collectors around ME say that it's a "sure thing" as far as collector value goes (meaning: If I pay $1,000 for an EF-45 09s in a PCGS slab, I can reasonably expect to get the same, if not more, when I sell it off at some time in the future).

Isn't "hype" what gives a coin, especially a non-precious metal coin, it's value? Also "rarity" doesn't exactly equate to "demand," "numismatic interest," or "VALUE" for that matter. I've realized that after collecting South Korean coins for a few years: There are a few coins that could be considered "rare" (mintages in the single-thousands to hundred-thousands) but go for very low prices (especially here in North America) because of low demand. And only because of low demand.

It might be instructive for us to hear your reasoning.

 

Some folks write that the 1909-S VDB is overvalued because it sells for so much more than many other coins that are much more scarce sell for. However, I think this argument is hollow and believe the supply and demand equation is far more important than the relative price vs. other coins. The price of the 1909-S VDB is what it is and they are quite fluid in this price range, which indicates to me that the overall market thinks they are valued just fine.

 

Thanks for posting the 1909-S VDB. It will be interesting to see what's next for you.

Looks like you may have got mnt mark position #4 as described in this link:
http://www.pcgs.com/News/Counterfeit-Vs-Authentic-1909-s-Vdb-Lincoln-Cents
Carefully check the entire coin especially the MM & the VDB.

 

Yea, it is mm4. Hanging way down there! I was very skeptical at first buying a raw svdb but he pulled the computer up and we went through everything that we needed to make sure it was genuine before I walked out the door.

He said he guarantees his coins and I believe him. He's an honest dealer.

Thanks for checking out my new coin! Hopefully I'll have something exciting before too long!

 

The thought of "hoarders" never occurred to me!

So this IS a kind of "artificial" pricing that's happening, if it's really due to the hoarders. ...I also suspect that "hype" takes on a life of it's own, despite rarity or hoarding.

Thanks for your response.

This set me thinking on how I can amass my fortune. I want to start some "undeserved publicity" (good old-fashioned "hype") for the...say... 1982P Jeff Nickel: I'll start buying up the vast majority of them. You know, like Jim Rogers hoarding all those gold North Korean coins?

I'll be the Jim Rogers of '82P Jeff Nickels! You will all have to bow before me and pay the pound of flesh I'll demand if you want any luck fillin' that dang "1982-P" hole in your nickel albums!

Oops: There's 292,355,000 of 'em.

 

Congrats man. Its nice to See someone reach a goal that took a long time!!! Really Impressive!!!

 

Yes, I have 2 of them in nickel albums and I will not sell them for $50 each.