1914 D Cent VS 1931S Cent

According the production figures on the 2 coins there was 327000 fewer of the 1931S.

1914D 1,193,000
1931D 866000

But the MAY 2009 Greysheet value of the 31S in XF condition is $120
while the 1914D is $870.

Why do you think the value is so different? Could it be because one is 17 years older. Could it be because the 14D is a weaker strike. Or is the 1931S undervalued.

 

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You talk about two coins then bring a third one into the equation, then discard the two and ask a question about the third. Confusing for me. Are you sure you want to bring the 31-s into the equation?

 

My mistake, I meant 1931s with a mintage of 866,000

 

This will explain somewhat...
http://www.valuable-coin-stories.com/1931-S.html

 

The 31-S isn't undervalued, its the 14-D thats extremely overpriced.

 

Because there are something like 5000 1931-S's certified red (2086 for PCGS and unknown NGC) plus 1937 certified in RB. The 1914-D has 297 certified in red and 494 certified in RB. Price is equal to supply / demand. You do the math. I get that the 1914-D is undervalued.

BTW, I once met a man from Pittsburgh who was to a large extent responsible for this. He heard that they had not made many cents in SF for 1931, so he wrote to all the Fed Reserve banks and finally located 2 bag in Seattle. He (and his partner) bought both of them. Early on, they would sell them for $1.00 per roll. By the late 40's, they were up to $1.00 each. His 2 bags held more 1931-S cents than there are certified 1914-D's for both PCGS and NGC combined including the browns and that does not count what anyone else got.

 

Even though there were almost 5X more 1931-D cents made, they were ignored in the run for the 1931-S , and many fewer high grades remained. Compare the price of MS65 or better 1931-D cent to 1931-S cent.

Jim

 

I think if people had been tipped offearly enough about the low mintage 1914-D cent, they would probably have a similar price curve to the 1931-S. The 1950-D nickel has a similar price curve to the 1931-S cent, also due to people hoarding uncirculated rolls because of low mintage rumors.

 

Plain and simple, the 31 S was saved and the 14D was not.

 

I agree. The supply today of nice 1914-D cents is much lower than the supply of of 1931-S which results in the price despite the mintage.

 

An extreme example:
1931-D Double Eagle: 106,500 struck - Value $80,000
1933 Double Eagle: 445,500 struck - Value $7,590,020
(Figures are from the Red Book.)

Why?
It's not the number struck, it's the number that are now accessable to collectors.

 

Error in your post, the 1931-S has a mintage of 866,000. The 1931-D mintage is 4,480,000.

 

I corrected that earlier. but thanks

 

As I recall, a World War was getting underway in 1914 (coin collectors may have been a bit preoccupied) and we were in a depression in 1931 (no one spending much money). That may have something to do with the current supplies of these coins.

 

I don't know if WWI had much to do with 1914 coins not being saved. We didn't enter the ear until 1917.

 

You would think that in a depression, the coins would be spent on food and other important items other than people hoarding them. Even though many were hoarded straight from the source you would think many more would have circulated.

 

We entered an ear? WOW! Who's ear? lmao

 

sir your qoute for the figures for the 1931d lincolcn cent were wrong the qoute number was the 31s lincoln cent which had 866000... now the next lowest is the1924d the lowest

the lowest mintage coins.. in the lincoln cent series are
1909s vdb -484000
1909s - 1,825,000
1914d -1,193,000
1931s - 866000

 

the 1931s is serverly undervalued like EDITED.. i own one.. EDITED its like extremely under valued in ms 64 no less

 

True.

The 1914 D's mintage was no big deal at the time.

Look at the mintage of the 1914 Barber $1/2.

So, it was not saved.

The 1931 S was saved-- by the bag.

So, the prices are appropriate.