Wholesale Price of a 1928-S Lincoln Cent

Discussion in 'What's it Worth' started by Mr. Numismatist, Dec 28, 2024.

  1. Mr. Numismatist

    Mr. Numismatist Strawberry Token Enthusiast

    Could someone inform me of the current wholesale price of a 1928-S Lincoln Cent in MS-62BN and MS-63BN? Thanks.
     
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  3. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Sting 60 and Spark1951 like this.
  4. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Wholesale? As in CDN bid? To the best of my knowledge, CDN doesn't publish values for either of those two grades.

    As @SensibleSal66 suggests, you should look at auction records (including the photos, and not prices alone) and figure out what to pay.
     
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  5. Sting 60

    Sting 60 Well-Known Member

    $73 and $84 wholesale, $91 and $105 retail.
     
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  6. Mr. Numismatist

    Mr. Numismatist Strawberry Token Enthusiast

    Yes.
     
    Sting 60 likes this.
  7. KBBPLL

    KBBPLL Well-Known Member

  8. ToughCOINS

    ToughCOINS Dealer Member Moderator

    This is not a 1970-S proof set.

    For such specialized coins, published "standard" pricing is almost completely useless.

    Do yourself a favor, and approach this from one of two directions:

    If price is no object, first know what the coin you want must look like (strike, luster, marks, spotting, muting of color, etc.), then find representative examples in the auction results, and know that you'll likely have to pay something in the vicinity of what that / those coins sold for, plus a market adjustment for the time that has passed since that sale.

    If you are price-sensitive, first determine how much you're willing to spend, then survey the quality of the coins that recently sold in that price range, and know that you can expect the average of what you just examined (if you expect the best of the coins you saw in that price range, such as the MS63BN pictured immediately below, or the MS63RB further below, stand in a very long line).


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    upload_2024-12-29_11-30-33.jpeg

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    Last edited: Dec 29, 2024
    Mr. Numismatist likes this.
  9. Mr. Numismatist

    Mr. Numismatist Strawberry Token Enthusiast

    Very true. With a coin like the one we're discussing, there is a lot more to consider than a number on a slab and number in a price guide. I was considering selling such a coin to a dealer and I wanted to have a starting point.
     
    SensibleSal66 likes this.
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