Nicely put. This is my first, can I add fun to own also. Question: Why such a difference between the values in the 2010 Red Book and the Blue Book? $700 v. $1200 for EF20.
To put some perspective on that, just MS65 RED populations for NGC and PCGS (combined); 1919-S VDB = 923 1914-D = 73 1923-S = 18 1924-S = 9 1926-S = 2 Now which do you think are the rarest?
There are 923 1919 S VDB's? Man, I gotta get one of those! To answer your question, I would say the 1919 S VDB is the rarest.....LOL!
RLM, (you meant 1909 S VDB as I'm sure everyone knows) that's good info on the top of the population. One of my goals is to own a 'top pop coin' with a single digit population. Still total population makes it more rare than any of those obviously. There out there. Still how many coin dealers do you think there are in the country? 1,000? That would mean less than half would have one. I'm sure there are many more than that. And, I would think most are in a collection somewhere. Hey RLM, I don't have access to population numbers. Where do you get them? Is that across the 4 big graders or just one of them? Do you have to join one to see the data?
Bought and sold several, not a rare coin at all. Bought and sold several, not a rare coin at all. Look, All I'm saying is it's a popular coin, it's a good coin, it's expensive but no coin that is in every dealers case and every shop across the nation can be very rare. You will learn as you go (hopefully) what a rare coin is. A rare coin is a coin you don't see every day in every dealers case. Price does not make a rare coin, condition does not make a rare coin, age does not make a rare coin - what's availible on the market and how many want one makes a rare coin and any coin (I don't care what it is) that is everywhere, all the time cannot be considered a rare coin. Now th 09-S VDB is a coin many want but they are everywhere but you don't have to go far to find one. It'a great coin but it's kind of boring after you start to learn really rare coins IMO.
For what it's worth, this is from www.usrarecoininvestments.com, not saying I agree (or disagree): "1) What is a rare coin?Webster’s defines “rare” as something not frequently found; scarce; uncommon or unusual. The word “rare” as it is used in the numismatic industry has a more vague meaning. Because a coin’s rarity is relative, many coins are referred to as “rare coins” even though there may be 500,000 of that specific coin in existence. For example, 484,000 specimens of the famous 1909s VDB Lincoln Cent were minted, and more than 4,000 have been certified by the leading third-party coin grading services, yet that coin is deemed to be eminently rare and desirable.A coin can be “rare” because of a relatively low mintage, a low survival rate, and/or because nobody wants to sell the specimens they have. Demand also plays a role in a coin’s rarity. If there is only one specimen of a coin and ten people want it, it is “rare” relative to the demand for it.2) Isn’t the condition of the coin important?The condition is very important. Although there is no specific grade to exclude, the general rule of thumb is that a higher grade coin from a certain series will usually be in greater demand and will outperform the lower grade example of the same coin in terms of appreciation."
Here's the crux of the issue - know the diagnostics of a genuine coin before you buy. That's particularly important on raw coins, and even more so on frequently altered coins. I presume the '09-SVDB is one of the worst. I'm not a Lincoln man myself, but there are many who are. I do know all genuine specimens have unique mintmark characteristics. I seem to recall that there four genuine locations for the MM as well. When someone adds a MM, they are likely to be off on the position, the "S" characteristics, or both. Know those diagnostics !
That argument makes no sense. A 1914-D in MS65 RD is no more scarce than a 1909-S VDB in MS-67 RD. So, what does that prove other than that both coins are equally rare in different grades.
Pics of My Graded Coin Okay, as requested, here's a pic of the slab. They listed it as "Damaged - Repaired Rim - VF20 Details. Question: Is a damaged VF coin more or less valuable than a problem free coin in say good condition? Check out this recent eBay sale for a comparison: http://cgi.ebay.com/1909-S-VDB-LINC...mQQptZCoins_US_Individual?hash=item20aea601da
I would say the damaged VF would be more valuable. After all, it does have the higher "ranking". IMHO.
The proof is always "in the pudding" - look The proof is always "in the pudding" - look all I know is what I see. I see many 09-S VDB's in every grade at every shop at every show. So you be the judge "how can it be rare"? The same is true for 1955-P DDO-001's, they are always avalible. This is a lession in numismatics you learn after awhile. Some coin are very valuble, heavly desired, often in demand but also always avalible - this is the nature of the beast in coins. Rare to me is seldom seen, it may of course mean something else to you.
Sorry, I missed this earlier, I got those from Heritage. They have most of the PCGS and NGC population, but you have to join - FREE and worth it. And, no, I have never seen published population reports for anyone beside PCGS, NGC, and DGS (for what that one is worth)
Why would he want to remove it from ANACS slab as a problem coin with VF20 details to have it put in a PCGS slab as a problem coin just genuine?
I don't know how rare, I don't have one, but HSN is throwing one in with this package: http://www.hsn.com/collectibles/abraham-lincoln-1909-to-2010-cent-roll-spectacular-set_p-5937394_xp.aspx?sf=co&dept=co0007&prev=hp!sf!dept&cm_re=product_carousel*page1_spot2_image*NewArrivals&ccm=co|co0007
