Twenty 1909-S VDB Lincolns for sale in online auction for Sept 3

Discussion in 'Coin Chat' started by Revello, Sep 1, 2021.

  1. Revello

    Revello Well-Known Member

    Anyone interested in trying to get a 1909-S VDB Lincoln for a possibly good price, see lots 98 thru 117 in the Proxibid online auction scheduled to start closing on Friday, September 3, at 7:00 pm Eastern at the following link: Dixon's Auction Auction Catalog - 9/3/21 High-End Coin Collection Online Sale #1. Online Auctions | Proxibid

    Range from AU-58 to F-15, with a couple that are details coins, all slabbed/certified by either PCGS or ANACs.

    I have no financial interest involved, other than I may bid on some of those lots for the right price.
     
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  3. Revello

    Revello Well-Known Member

    CORRECTION: There's a total of 88 1909-S VDB Lincolns in that darn auction (Holy Cow)! Range from MS-63 to details condition. PCGS, NGC, ANACs, and a couple of other TPG slabbed. What an offering for anyone looking to get 1909-S VDB cent possibly on the cheap, depending on your tastes/preferences on grades/condition.

    Lot Numbers: 98-117, 152-171, 195, 212-231, 332-351, 391-396, and 398.
     
    Last edited: Sep 1, 2021
  4. Seascape

    Seascape U.S. & World Collector

    Should be interesting. I am actually interested in getting my boss one. He doesn't talk coins much with me but when he does thats the one. The few times I've looked into it they're 900+. F is probably what I'm looking for. I'll keep an eye on this. Thanks.
     
    Revello likes this.
  5. Revello

    Revello Well-Known Member

    I'm pretty amazed that the auctioneer (or consignor) decided to offer that many in one online auction. That type of saturation of offerings of the same type coin, even in varying conditions, would seem to minimize realization of sale prices. I'm looking at getting 3 of medium to lower grade or even details condition, to complete my 6 Lincoln cent albums (already have 3). I intend to give some of the albums to my granddaughter and nephews.
     
  6. Seascape

    Seascape U.S. & World Collector

    That was my thought as well. Let me know how your account setup goes. Its not acting right for me. No matter what password i put in it will not take it.
     
  7. Revello

    Revello Well-Known Member

    fyi - Greysheet price for F-12: $ 625.00
     
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  8. Revello

    Revello Well-Known Member

    I already had a Proxibid account set up for a quite a while now. Are you having problems getting a new account established? Or having problems logging in to an account you haven't used for a while?
     
  9. Seascape

    Seascape U.S. & World Collector

    New account.
     
  10. Seascape

    Seascape U.S. & World Collector

    Ok.
    I cant understand the mind set of listing this many at one time. Unless there is a ton of traffic on the auction. I know there is demand for the coin though.

    We'll see what happens.
     
  11. Revello

    Revello Well-Known Member

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  12. charley

    charley Well-Known Member

    It has been known for years that it is not a rare coin at all. The market is finally catching up with reality.
     
  13. Revello

    Revello Well-Known Member

    Well, the number of available 1909-S VDBs in this auction would seem to support your assertion. Still a key coin for the Lincoln cent set. Lots of 1909-S, 1914-D, 1931-S in the auction, too. Wonder if this is a dispersal from one or two hoarders. Will be interesting to watch the bidding tempo and bid amounts as the lots progress during the auction.
     
  14. charley

    charley Well-Known Member

    Thank you, but It is not so much my assertion, as it is other very knowledgeable individuals that have crunched the numbers over the years. Many many years. I just happen to read a lot over the same number of years. There are many other keys as important, if not more important. My opinion. But, it is again backed up by the research of very knowledgeable persons.

    It has been kept at an artificially high value and a must own status, along the lines of the Jefferson 50 D, which was, until it was not.

    Why? Research.
     
    Revello likes this.
  15. Revello

    Revello Well-Known Member

    I think the "scarcity" (or perception thereof) of the coin, too, is relative to the popularity of the type of coin being collected. There are very, very many Lincoln cent collectors, so that helps drive demand. Compare that to half dimes that are not that popular among the general coin collectors -- many of the year/mint half dimes are comparatively scarce (e.g., PCGS survival population estimate <1000), yet selling well under $100 for a nice specimen.
     
    charley likes this.
  16. charley

    charley Well-Known Member

    A collector after my own heart. The half disme? I'm in. Check around, and you will understand why I say this.
     
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  17. charley

    charley Well-Known Member

    Perception of value is reaching a well deserved reality.
     
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  18. desertgem

    desertgem Senior Errer Collecktor Supporter

    It bothers me that they placed the item number over a part of the PCGS serial number, which could be used to compare and see larger photos. Jim
     
    Revello likes this.
  19. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    Bothered me to no end also.
     
  20. Revello

    Revello Well-Known Member

    Charley

    Looking at the range of price value per the Grey Sheet, I think the relatively narrow range in values between a G-4 ($525.00) to an AU-58 ($985.00) 1909-S VDB supports what you said. An AU-58 is worth, per the Grey Sheet, only $35.00 more than an AU-50, and only $160.00 more than an XF-45. An MS-60 is worth only $40 more than an AU-58. That's a really narrow value range. If they were as scarce as many believe, the value increase between grades would, I expect, be much steeper.
     
    charley likes this.
  21. Revello

    Revello Well-Known Member

    Anybody get their bids in? Placing bids, and then getting overbid, etc. ... like watching popcorn pop. Pretty amazed at how high some of the bids are -- for example, someone bid $1300.00 for a PCGS 1909-S VDB MS-63 BN. That's the Grey Sheet price. When you add the 16% buyers premium and shipping/handling, ugh.
     
    charley likes this.
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