Why 1952 S wheat penny is more expensive than 1955 S

hi, everyone, I would like to know, why 1952 S wheat penny is more expensive than 1955 S?
thank you

 

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Its all about supply and demand for the 1952 S there are 1286 graded at NGC, for the 1955 S there are 9320,

http://www.ngccoin.com/NGCCoinExplorer/CoinDetail.aspx?CoinID=12801

http://www.ngccoin.com/NGCCoinExplorer/CoinDetail.aspx?CoinID=12831

 

thank you

 

In 1955 collectors knew the San Francisco mint was being closed down and so the 1955 S coins were hoarded in quantity. The 1952-S was another S mint cent and it circulated. So today the 1955-S is more readily available.

 

I didn't know that. Great info. Thanks!!!

 

hi,Conder101 :do you think 1955s wheat penny will going more value in the future? how much do you think it will cost for uncirculate one in the next 10 years?
thank you

 

Don't buy coins for an investment, buy them for the enjoyment of the hobby.

 

thank you, I just want to know about future value

 

I don't normally speculate on values. In fact I have no clue what it lists for today. I finished off my Lincolns back in the mid seventies and moved on. I will say this, it is a hoard coin and a large number of them are still around and most of them are MS. This does not bode well for long term growth. Price history of other hoard coins will bear this out. I know when I bought mine in the early 70's it was a typical Unc coin, not some eye popping wonder coin, and it was $3.50 Apparently they were just starting to come out of the woodwork because by the time I finished my Lincolns a typical Unc 55-S was $0.50, and I'm sure a lot of that was dealer nuisance charge.

Just did a quick check on eBay and MS singles seem to be available for $0.75 to $1 apiece. By the roll they are around $0.50 apiece. So from when I finished my Lincolns almost 40 years ago they have gone up about 50% retail That is just about 1% per annum. And If I was selling to a dealer I wouldn't get retail so my return would be even less. Oh and just to break even with inflation I would need to get $2 apiece. And from when I actually bought mine, my return on investment has been around -6% per year. If it continues its current rate of growth with no downturns in ten years - It will still be worth less than a dollar.

 

Well, Conder101,

That sums it up pretty well. As I expected from you. Nice going.