The Future of the Lincoln Cent - Buy Now?

I'd like to thank everyone for their comments and many I agree with.

Like Treashunt said about the quarters - there is room. I actually did the same thing with those although not to such an extent. I do have the complete set with 3 1932-D in G-VG and an F12 32-S. I also bought the complete set from 65-98 all in MS or proof with the silver issues as well. That set has done nicely.

As for going after ultra high grade coins I have no plans on that. I'm talking VG to VF or so. A G4 Lincoln is ugly in my opinion but with VG it starts to "look like a coin". This way I'm not tossing a ton of money into these. I've been doing it for some time actually if the price is right I'll buy them.

As for key and semi-key Lincolns having high mintages in relation to other series' - this is true. The fact that they are so heavily collected and people have always spent them has driven up the prices.
As for me "dabbling" in Lincolns I guess that was the wrong wording. At some point I have managed to amass an almost complete set with lots of dupes.

Finally, clembo is NOT tossing all of his eggs into one basket. Any of you that have read my other posts realize that I love my type coins and go after key dates. THOSE I have dropped bigger money on.

Thanks again for the comments everyone,

clembo

 

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I think people will try to collect entire sets pushing the price up, then it will eventually level off to more 'sane' prices.
IMO cents and pennies are one of those coins that people just throw into cans until they have enough to roll and take to the bank. There isnt any real thought in collecting them...for the average person that is.

 

In the year 2010, I plan on selling my collection, primarily Lincolns...it was a nice ride to picking these up over the years.

Click on the attached to view my "babies"...

 

Midas:
Wait two more years to see if they change the design.
If so, like the Washington quarters, they will continue to grow-- people like to be able to have a 'complete' set.
That is what did it for the Washington/Eagle quarters.
Note that the Jeffs have not exploded like quarters did.

 

I think you will see a rise in the prices of key date and semi key date Lincoln Cents. These have risen fairly steadily over the past few years and will likely continue to do so. I would buy the nicest, problem-free coins that you can afford when they show up at a decent price.

I think you may also see a rise in ultra grade cents, especially the 1930s cents, as they are somewhat more difficult to find in ultra grades compared to the later dates from the 40s and 50s. I'm talking about PCGS 67 RD coins, and I think they will rise due to an increased interest in the Registry Set game with the design change. I'm not a fan of the registry game, which tends to run up prices, as Frank said, but I do think they will rise in this area.

A good point was made about Lincolns being the entry into collecting for many. Although they are not rare, even the key dates are not technicall rare, there has always been enough demand for them to support the prices.