why is this ugly penny so much

Discussion in 'What's it Worth' started by enochian, Aug 26, 2012.

  1. enochian

    enochian silver eater

  2. Avatar

    Guest User Guest



    to hide this ad.
  3. desertgem

    desertgem Senior Errer Collecktor Supporter

    For those completing a collection of lincoln cents, this is low issue of slightly over 1 million. Bowers mention that little attention was given to its small number until later in the 1930s when coin boards became popular and people realized that it and the 1909SVDB were almost impossible to find in circulation. Most of them were then rather low grade, whereas the 1909SVDB being a first year of issue had many un-circulated saved as keepsakes. So the rarity of the 1914-D stands out in the MS grades, although high in lower.
     
  4. Cazkaboom

    Cazkaboom One for all, all for me.

    The 1914-D is of the many key dates in the lincoln set. This one has nice details, so I expect it to reach at least $110.
     
  5. enochian

    enochian silver eater

    it started at like 99 cents i dont think he knew what he had uncertified and all
     
  6. mikem2000

    mikem2000 Lost Cause

    Not true, I have started auctions 99 cents for coins with a value well over that. It is tactic, that gets a lot of people involved, whether they actually bid on it or put it on their watch lists. Sort of psychological, people think they have a chance to get something cheap, then two or more people hopefully decided they really want it.

    Mike
     
  7. jloring

    jloring Senior Citizen

    Of course he knew.... that's why he sent it in for grading. Like Mike said, many savy eBay sellers will start their auctions at ninety-nine cents, and let the market dictate price.
     
  8. BUncirculated

    BUncirculated Well-Known Member

    Sold for $98 plus $3 for shipping.
     
  9. ikandiggit

    ikandiggit Currency Error Collector

    When you know there's a demand for an item, .99 start bid is the way to go.
     
  10. fretboard

    fretboard Defender of Old Coinage!

    Absolutely! You get lotta customers that way and you often get the most $$$. :thumb:
     
Draft saved Draft deleted

Share This Page