Lincoln Key Dates

Discussion in 'US Coins Forum' started by rlowe, Mar 3, 2006.

  1. Eskychess

    Eskychess Senior Member

    Hmmmm - I wonder how valuable these oddities really are if some mint worker made it, or rescued it. Kind of unfair in a way... but then we get into the ERRORS COUNT vs. ERRORS DON'T COUNT debate again.

    I guess I'm starting to realize a collection is a collection and it may be impossible to have it 100% unless you have something like the 1933 St. Gaudins, where the number is very low. Indian Head Pennies seem to be more forgiving with errors, but they have them too! Oh what DO I COLLECT! hehehe I guess I'll get as many as I can and that will be my collection :)

    Esky
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. AvgCollector

    AvgCollector New Member

    You can get most of them though in circulated and ok-good condition though right? I don't have a 1909 VDB-S and probably wont, unless it is a counterfit, but how expensive would a few of the other ones be? I would just use them to create a full collection in my dads Whitman Folder.
     
  4. GDJMSP

    GDJMSP Numismatist Moderator

    Even in Good many of them cost hundreds of dollars.
     
  5. AvgCollector

    AvgCollector New Member

    Wow. Which ones specifically? I will reread this topic, but which cents are expensive in even circulated fair condition?
     
  6. Just Carl

    Just Carl Numismatist

    Everything depends on what you think is expesive. In addition to what you think is expensive is from whom you purchase a coin and the method of purchase. For example on ebay you will probably pay more than you should for a coin. However, pending where you live, there may be coin stores, hobby stores that carry coins, coin shows, coin clubs, etc. There are numerous coin price listings in places like the PCGS web site, or in the Red Book, in the Grey Sheet used by most dealers and so many other places that list coin prices. However, most of them are price guides and not a regulated pricing system. For instance I've been looking for a 1925D Lincoln in MS63 Red for a decent price. I've seen them at coin shows for anywhere from $40 to $200 in approximately that condition. Coins are like a used car. There are lots of opinions of prices, rarities, best ones, error types and on and on and on.
    I suggest you see if there are any coin shows in your area, go to a few, get to know some of the dealers, let them know how much you want to spend for what you want. Just remember to lie a little about what you can afford. Coin dealers are like going to a flea market or used car lot. You are not really expected to pay for what they ask.
     
  7. foundinrolls

    foundinrolls Roll Searching Enthusiast


    Hi,
    Yep, They do exist


    1943 bronze http://www.coinfacts.com/small_cents/lincoln_cents/wheat_ear_cents/1943_copper_cent.htm


    A 1943 D is mentioned here
    http://www.pcgs.com/articles/article715.chtml

    1943-S Bronze Cent - NGC MS-61 Brown. Ex - Ira & Larry Goldberg Coins & Collectibles, Inc. February 6-9, 2000. discovered in a Mint-sewn bag of 1943-S steel cents in San Diego, California in the year of issue.

    1943-S Bronze Cent. Ex - Superior Galleries' "Pre-Long Beach Sale", October 1-3, 2000, sold for $60,375.00 - Legend Numismatics

    1943-S Bronze Cent. PCGS VF-35. Offered for $89,500.00 by The Mint in an advertisement in the July 18, 2000 issue of Numismatic News. Holder #3457896


    This shows a 1943 S and mentions a 1943 D Bronze,

    http://www.maineantiquedigest.com/articles/penn0997.htm


    Have Fun,
    Bill
     
  8. Eskychess

    Eskychess Senior Member

    Okay - They exist :) hehehe Ain't none of us ever gettin' one :) But you never know... Cool.

    Esky
     
  9. Midas

    Midas Coin Hoarder

    ANY Lincoln Wheaties in MS65RED condition are increasing dramatically in value. First, keeping copper its RED Mint State color is a challenge in itself, and as years pass these Lincolns are being scooped up by collectors who look at one of their "slots" and wish to upgrade it to a higher grade.

    Couple high grade MS Red grades with mintage numbers below 20 million also adds to the mix.

    Everybody when they first start out collecting coins looks at mintage numbers. How can you not? You have a coin like the 1931-S with only 866,000 minted is the second lowest mintage other than the 1909S-VDB. The problem with the 31-S is that people back then quickly realized that this date is a key and many coins were saved. Of course, this did not happen with the 14-D. People circulated this coin, many did not survive (maybe some ended in a wishing well) and hence one of the reasons why this coin is worth way more than the 31-S even though more were minted. Survival numbers are low!

    Age - mintage numbers - surviability - grade - market demand all play a role in these Lincolns and any coins.

    I am betting that Lincolns will even be more "hotter" than they are now when the 100th year of the Lincoln cent is minted with 4 differant reverses in 2009.
     
  10. Eskychess

    Eskychess Senior Member

    I heard from the local coin guy that there is a well known story about a collector that had up to 100,000 of these 1931S coins. That's why there are so many is such good shape. Anybody else here that story? It's quite amazing if true.

    I also agree.... 2009 is only going to bring good fortune for Lincoln Pennies.... Just them being DIFFERENT is going to spur people to want the old ones. I bought my 1909 S VDB last week $656 in F-15 condition. Yeah, a wimpier S VDB ... but it's all I could afford at this time - The darn things keep rising in price faster than fast and well... I have one now don't I - I have to admit I really enjoy it, even in F condition :) hehehe It'll be much easier to upgrade than it to get the initial coin. So as time goes by I'll upgrade.

    Esky
     
  11. Midas

    Midas Coin Hoarder

    1909S-VDB's are flying through the roof! It is the same story with many collectors...I only wish I bought it earlier. There is nothing wrong with a F15 grade. Any time I can see separation in the wheat stalks is a good thing in my book. My goal when I first started was to get my collection in F12 vgrades or better. You are on your way!

    You made a good buy...enjoy it and show others. The more we get into collecting, the more our collection will be worth!
     
  12. cladking

    cladking Coin Collector

    There was an offer to the mint to buy all 800,000+ of these in 1933. Apparently the mint was
    insulted that they'd go to all the trouble to make these and none would end up in circulation so
    they never again made a low mintage regular issue. His name escapes me but the guy who made
    the offer (W. Raymond?) did end up with a huge horde acquired from banks after they were dis-
    tributed and these were parceled out for many years.
     
  13. Just Carl

    Just Carl Numismatist

    No, no, no. That guy actually works for the Mint and put 1,000,000 of them in his socks and left with them. He still has them but can't get rid of them because of the smell. If you want he'll sell you the socks and throw in the 31S Cents free. There are so many stories in the coin world and no one knows which ones are for real. Mine is.
    As to the 09S VDB. No the prices haven't sky rocketed at coin shows in normal everyday grades but that stupid 55DD has doubled in price in the last year. The 14D and the 22 Plain are also getting way up there past where they should be. Oddly enough the 72DD although almost as famous is keeping stable price wise at all the shows I've been to lately. Just last Month that 72DD in MS63 Red was still at the $400 to $500 hundred mark where it was almost a year ago. What is really odd is the 95DD which you can barely tell is a DD is climbing up into the $40 to $60 dollar range.
    Since I have 10 complete sets of Lincoln Cents I am just trying to improve set 1 as much as possible so I hit coin shows about 2 times a Month looking for high grade, resonable priced, Cents. Really having a problem with the 15S, 15D, 16S for a decent price. Don't know why but those are just about 3 times Red Book at the shows lately.
     
  14. GDJMSP

    GDJMSP Numismatist Moderator


    That's because there's a rumor going around that some guy is buying 'em up & hoarding them all :whistle:
     
  15. Eskychess

    Eskychess Senior Member

    1915 is when my late grandfather was born - so I particularly like to collect coins from that year and I have to agree, they're becoming harder than heck to get ahold of at a decent price. I just completed my first set of Lincolns last week (with the 09 S VDB - not including errors or proofs - but I do have several - got my 2006s as well) and just in the last 6 months I can't believe how the price has gone up. I'm glad, but wow I wished I'd started in the 90s when real estate was the hot commodity and not coins. As for one guy hording them - Is it even possible to do so with pennies? The 1931 S story I heard was a guy that owned bubble gum machines in California. Sounds plausible... but to get 100,000 of 866,000 minted... Sounds far fetched. I have a 1931S in XF and it's one of my nicer lincolns to tell you the truth... I enjoy looking at it a lot.

    I've been slowly buying as many 1995 DDOs as I can around the $20 mark that come up. It'd be nice to get a whole roll of them. Yes, the double die is VERY hard to see (LIBERTY) - a good way to tell that I've seen is to look at the O in GOD on that coin ... that is doubled nicely. I've searched 100,000 pennies arleady this year and I've yet to find a loose one. I hear they're out there though.... just gotta keep searching!

    Esky
     
  16. Just Carl

    Just Carl Numismatist

    If your getting the 95DD's for anywhere near $20 grab all that you can get your hands on. Like I said I go to at least 2 coin shows a Month and those are minimum of $30 and up from there.
     
Draft saved Draft deleted

Share This Page