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Why 1952 S wheat penny is more expensive than 1955 S
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<p>[QUOTE="Conder101, post: 1480210, member: 66"]I don't normally speculate on values. In fact I have no clue what it lists for today. I finished off my Lincolns back in the mid seventies and moved on. I will say this, it is a hoard coin and a large number of them are still around and most of them are MS. This does not bode well for long term growth. Price history of other hoard coins will bear this out. I know when I bought mine in the early 70's it was a typical Unc coin, not some eye popping wonder coin, and it was $3.50 Apparently they were just starting to come out of the woodwork because by the time I finished my Lincolns a typical Unc 55-S was $0.50, and I'm sure a lot of that was dealer nuisance charge.</p><p><br /></p><p>Just did a quick check on eBay and MS singles seem to be available for $0.75 to $1 apiece. By the roll they are around $0.50 apiece. So from when I finished my Lincolns almost 40 years ago they have gone up about 50% retail That is just about 1% per annum. And If I was selling to a dealer I wouldn't get retail so my return would be even less. Oh and just to break even with inflation I would need to get $2 apiece. And from when I actually bought mine, my return on investment has been around -6% per year. If it continues its current rate of growth with no downturns in ten years - It will still be worth less than a dollar.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1480210, member: 66"]I don't normally speculate on values. In fact I have no clue what it lists for today. I finished off my Lincolns back in the mid seventies and moved on. I will say this, it is a hoard coin and a large number of them are still around and most of them are MS. This does not bode well for long term growth. Price history of other hoard coins will bear this out. I know when I bought mine in the early 70's it was a typical Unc coin, not some eye popping wonder coin, and it was $3.50 Apparently they were just starting to come out of the woodwork because by the time I finished my Lincolns a typical Unc 55-S was $0.50, and I'm sure a lot of that was dealer nuisance charge. Just did a quick check on eBay and MS singles seem to be available for $0.75 to $1 apiece. By the roll they are around $0.50 apiece. So from when I finished my Lincolns almost 40 years ago they have gone up about 50% retail That is just about 1% per annum. And If I was selling to a dealer I wouldn't get retail so my return would be even less. Oh and just to break even with inflation I would need to get $2 apiece. And from when I actually bought mine, my return on investment has been around -6% per year. If it continues its current rate of growth with no downturns in ten years - It will still be worth less than a dollar.[/QUOTE]
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Why 1952 S wheat penny is more expensive than 1955 S
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