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<p>[QUOTE="Detecto92, post: 1647344, member: 75105"]Okay time for some more info.</p><p><br /></p><p>The average circulated grade of a Indian head cent..let's go with fine.</p><p><br /></p><p>Now let's pick a newer, heavily minted year...1907, over 100 million. </p><p><br /></p><p>Price? $4.50</p><p><br /></p><p>Now let's look in the 1992 red book. Same grade and year.</p><p><br /></p><p>Price? $1.50 </p><p><br /></p><p>So in 21 years, the price grew $3.00...EACH. That is 3 times value in 21 years.</p><p><br /></p><p>The 1907 IHC was 85 years old in 1992, and 106 in 2013.</p><p><br /></p><p>Let's take the most common wheat cent, 1944, over 1.4 billion minted.</p><p><br /></p><p>Price in VF is 10 cents. Per the 2013 RB.</p><p><br /></p><p>Same year and grade in the '92 is ...10 cents. </p><p><br /></p><p>So the price has not change in 21 years time. While the price of a IHC went up 3x.</p><p><br /></p><p>In 1992, the 1944 cent was 48 years old, and in 2013, 69 years old. </p><p><br /></p><p>So it will take another 16 years for the 1944 to be the same "price age" as the 1907 cent in the 1992 red book. </p><p><br /></p><p>However, the 1944 had a mintage about 10x higher. </p><p><br /></p><p>So if we go on math alone, in 16 years, the 1944 will be worth 15 cents ($1.50/10). </p><p><br /></p><p>However, the IHC cent is a design in itself, because in 1909, both the reverse AND the obverse changed, while the wheat cent to memorial only changed reverse. </p><p><br /></p><p>So...30 years from now, we SHOULD expect the common wheat cent to be worth 15 cents each. The 3x price is conservative, due to the fact the last wheat cent was made in 1958, while the last IHC was 1909. </p><p><br /></p><p>So If I were to collect $5,000 worth of wheat cents, divided over the course of 10 years, that's about $41 worth a month. </p><p><br /></p><p>That would be 500,000 cents at the end. </p><p><br /></p><p>So by age 51 (how old I will be in 30 years), that $5k would be worth $15k.[/QUOTE]</p><p><br /></p>
[QUOTE="Detecto92, post: 1647344, member: 75105"]Okay time for some more info. The average circulated grade of a Indian head cent..let's go with fine. Now let's pick a newer, heavily minted year...1907, over 100 million. Price? $4.50 Now let's look in the 1992 red book. Same grade and year. Price? $1.50 So in 21 years, the price grew $3.00...EACH. That is 3 times value in 21 years. The 1907 IHC was 85 years old in 1992, and 106 in 2013. Let's take the most common wheat cent, 1944, over 1.4 billion minted. Price in VF is 10 cents. Per the 2013 RB. Same year and grade in the '92 is ...10 cents. So the price has not change in 21 years time. While the price of a IHC went up 3x. In 1992, the 1944 cent was 48 years old, and in 2013, 69 years old. So it will take another 16 years for the 1944 to be the same "price age" as the 1907 cent in the 1992 red book. However, the 1944 had a mintage about 10x higher. So if we go on math alone, in 16 years, the 1944 will be worth 15 cents ($1.50/10). However, the IHC cent is a design in itself, because in 1909, both the reverse AND the obverse changed, while the wheat cent to memorial only changed reverse. So...30 years from now, we SHOULD expect the common wheat cent to be worth 15 cents each. The 3x price is conservative, due to the fact the last wheat cent was made in 1958, while the last IHC was 1909. So If I were to collect $5,000 worth of wheat cents, divided over the course of 10 years, that's about $41 worth a month. That would be 500,000 cents at the end. So by age 51 (how old I will be in 30 years), that $5k would be worth $15k.[/QUOTE]
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