Now I love collecting coins , I love coin collecting its in my blood...lol. I can't give it up... if I cannot go buy certified coins ill do some roll hunting.... bringing me to the point . I'm sure y'all. Know the mintage of the 1931s cent is like 866000…or something like that most smart collectors if not. Or have not realized the value of getting this coin certified.. I'm one of them ... why. Are there so many raw coins floating around.... I imagine. That the majority are counterfiets - fakes .. for a while the chinese and prolly still are mass producing them and passing them on still.... has anyone ever taken an actula account of how many 31s lwc are on ebay versus the actual mint count???
Because when they were minted, the word got out that there were very few made and 2 collectors managed to get hold of bags of them from banks. The one I am familiar with got 2 bags and another I heard of managed 6 (?) bags. That is enough to supply every collector with several of them. BTW, the one I met started selling them for $1 per roll in the 40's and later graduated to $1 each.
now imagine that the base value of thei coin is 100 in a fine condition id love to get myself a better grade one but I'm happy with my 65bn... id like to get another one .. for my album...
This is exactly why the 1950 D Jefferson nickel, despite technically being the rarest of the entire issue, can still be had for around $20 even in uncirculated condition. Despite it technically being rare (well rare-EST, more than 2 million were minted), everyone knew it was going to be rare, so they saved a bunch and now it's not hard at all to find ms/au examples of it. (See the Roosevelt dimes; none of them were really rare at all. Technically the rarest ever issued for general circulation is the 1955, but they still minted 12 million of those. Strictly speaking the rarest one is the 1950 proof.) So 1931 S Lincoln cent... yeah surprised it's not faked more often than it is; you see a lot of fake 1914-Ds and 1909-S VDBs out there, but these are rarities well known even to a lot of people that don't know a lot about coins. The 1931-S is actually rarer than the 1914-D technically but because so many collectors knew it was going to be rare, it was saved in large quantities, thus is a lot easier to find these days. Some might be faked but this coin isn't as "famous" as the 1914-D so less people bother I guess. This is the second-rarest Lincoln cent, only the 1909-S VDSB is rarer (*which is also the only other issue to have a mintage of less than a million), but it's not at all that hard to find. (*among known mintages intended for general circulation; some varieties may be rarer, but official mintage figures for them don't exist; and many proof issues are rarer, but obviously not meant for circulation. Strictly speaking the rarest Lincoln cent with a known official mintage figure is the 1916 matte proof, only about 1000 of them were minted.)
The 1931-D is more valuable inthe higher MS conditions because of the "S" being saved. Many overlook nice '31-D coins.
i read somewhere that a bank offered to sell approx. half total mintage to one dealer.there has only been 2396 graded with average being about ms 60 with 81% in ms.i would say that if you want the coin to hold value over time ms 67 or 68 would be a more optimum grade to shoot for.a ms 66rd only bought 2645 in 06 at bowers & merena.
FWIW, there have been over 2000 graded in brown, 2000+ in red/brown, and 1700+ in red and that is only by NGC and PCGS. Add on ANACS and ICG plus the rest of them and I will bet there are close to 10,000 certified out there.
ok then your info is newer and thats good,but what you seem to be confirming is what i said the trend is towards ms.
