What's up with 1909-S VDB pricing?

Discussion in 'Coin Chat' started by Browns Fan, Sep 18, 2021.

  1. Browns Fan

    Browns Fan Active Member

    At the beginning of this year a MS64 Red was $3,000. Now it's listed at $4,250. I'm referring to the PCGS price guide. Did I miss something?
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  3. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes? Supporter

    The entire coin market has been on a tear for the past year or so. Everything's going up.
  4. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes? Supporter

    And because I can, here's my NGC EF-40:

    JPA1081 obverse.JPG JPA1081 reverse.JPG
    NSP, Evan Saltis, tommyc03 and 4 others like this.
  5. Jeffjay

    Jeffjay Well-Known Member

    The wacky coin market. They now cost about what they did in 2011 then plummeting to half that price in 2019 now they are back up. Like many things in this world pricing is cyclical.
    Now is definitely not the time to buy one so just wait. A great investment if you had bought one for $2,000 2 years ago.
  6. Southernman189

    Southernman189 Well-Known Member

    welcome to free money and no work for thousands of people last year. Stay home get THOUSANDS of dollars from and nothing but time on their hands for many of them. LOTS of folks had a back up bank account so this was just bonus money .So coin investing seemed to fill a gap Hopefully when people run out of that Gov. free cash and go back to work those coins bought will filter back into the system and normal prices will return. Of course Some people NEEDED that extra cash to survive and go to school and such, but not all.
    jafo50 likes this.
  7. Southernman189

    Southernman189 Well-Known Member

  8. Santinidollar

    Santinidollar Supporter! Supporter

    Evan Saltis likes this.
  9. TheFinn

    TheFinn Well-Known Member

    Perception is reality. Not a rare or scarce coin, but the belief by collectors and the public rules the day.
    QuintupleSovereign likes this.
  10. charley

    charley Well-Known Member

    Wasn't this very recently discussed on the forums here?

    Where is Yogi Berra?
  11. QuintupleSovereign

    QuintupleSovereign Well-Known Member

    Asset-price inflation, pure and simple.
  12. -jeffB

    -jeffB Greshams LEO Supporter

    Not entirely simple, I think. If it were just the dollar leaking value, all coins would be going up sharply, and they just aren't.

    I've got two Peace dollars where I've been watching eBay closing prices, a 1921 in MS62 and a 1934-S in AU50. For most of the last five or six years, they've both averaged about $300. Now, the 1934-S is still getting about that -- but the 1921 has almost tripled. Even the 1928 is dead in the water compared to the 1921.
  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    Prices have risen across the board this year.
  14. tommyc03

    tommyc03 Senior Member

    Key dates are especially suceptible to increases in this past year. I almost got a very fine for $750.00 and think I should have pulled the trigger. It's the only one I don't have.
  15. micbraun

    micbraun coindiccted Supporter

    Any 4-digit number is too high for a circulated Lincoln cent - no matter the date or mm :)
    Evan Saltis likes this.
  16. Sting 60

    Sting 60 Active Member

    Up until about a year ago 1909 s vdb was very reasonable. Don't know why it is so much higher. I would think that the 1921 peace is threw the roof because of the 100 yr anniversary. Wait another year and they both will be back down my guess.
  17. tommyc03

    tommyc03 Senior Member

    And there is no shortage of this coin. I have seen numerous dealers well stocked with this in all sorts of grades. I also believe it will come back down.
    charley likes this.
  18. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes? Supporter

    When I was looking for this coin, I had a few criteria:

    1. Smooth, even wear consistent with the grade
    2. Deep brown, stable color
    3. No spots
    4. Good strike.
    5. No spots.
    6. Great eye appeal.

    This coin met my requirements, and I'm incredibly pleased to own it.
    Santinidollar and -jeffB like this.
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