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Bedrock of the Community
United States
94367 Posts |
Especially with good strikes!
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Pillar of the Community
United States
3343 Posts |
I own a couple of rare coins. They're not Lincoln cents. Maybe someday the 1844P quarter eagle will be considered a semi key instead of those mine-run Charlottes.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
09/11/2016 7:47 pm
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Pillar of the Community
 United States
1450 Posts |
Growing up I thought a 1914-D penny was the rarest thing in the world. My brother and I searched rolls of pennies looking for that coin. Today I doubt you can find a Wheat penny from before 1920 in your change if you checked a 100 rolls of pennies or a thousand rolls. I think this is a reason coin collecting is becoming a hobby for the elites. You have to buy every single scarce or collectible coin there is now. When the coins go from Silver to silver clad and from 5 million pennies to five billion mintage you know they will never be worth ten cents if you live to 100. Clad coins are just junk IMO and you pay more for them brand new than they are worth. A 2016 penny is not worth a penny since there is nothing you can buy for a penny. |
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Valued Member
United States
321 Posts |
Quote:
I own a couple of rare coins. They're not Lincoln cents. Maybe someday the 1844P quarter eagle will be considered a semi key instead of those mine-run Charlottes. The 1844 should be considered a semi-key or even a key. It is hard to find, and I mean literally hard to find. Only four have been sold at major auction houses in the past two years. |
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Pillar of the Community
United States
3343 Posts |
When I was a kid the 1909SVDB and 1877 cents were the holy grail. Today I know they're not rare, just stoppers in popular series. I wouldn't refuse one if offered for free - especially the 1877 - but they don't represent value or the "thrill of the hunt". By comparison, the 1844P quarter eagle showed up on Allen's website 10 years ago priced $100 over melt. It's only vg, but 1/3 the price of either of the stopper cents in the same grade...and it's gold. I could get my purchase price back today selling for melt. Deals like this still show up on ebay often, since few people collect lower grade gold coins. I got a polished ex-jewelry 1854-s gold dollar for $100 a month ago. It went right into my pocket coin pouch. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Bedrock of the Community
United States
20753 Posts |
Quote:
Numbers struck is NOT the important figure; it's only an indicator.
Numbers surviving is the key figure. Not completely true. Most people do not consider how the population of Earth is increasing. Not to long ago, a Billion people on Earth was not imaginable. Today, we have possibly over 3 Billion. As the population grows, so do the amount of coin collectors. IF only 1% of the 3 or 4 Billion wanted a 31S Lincoln Cent, just wouldn't work. And if the population of Earth grows to over 5 Billion, imagine trying to find even a 2009 Cent. |
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Pillar of the Community
United States
1119 Posts |
Quote:Not completely true. Most people do not consider how the population of Earth is increasing. Not to long ago, a Billion people on Earth was not imaginable. Today, we have possibly over 3 Billion. As the population grows, so do the amount of coin collectors. IF only 1% of the 3 or 4 Billion wanted a 31S Lincoln Cent, just wouldn't work. And if the population of Earth grows to over 5 Billion, imagine trying to find even a 2009 Cent. and it is even harder to find that 31s if only a handful survive in decent grades. so really numbers struck has very little to do with the size of the pool to choose from today |
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Pillar of the Community
United States
3463 Posts |
Edited by cwb
09/12/2016 10:07 pm
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Valued Member
Canada
458 Posts |
lucky to find anything worth anything today change, maybe you might luck out with something
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Pillar of the Community
United States
757 Posts |
The 31s was one of the easiest ones to track down for me. Every coin show I attend there are multiple 31s in every condition available. The 14d on the other hand is a bear to track down in decent conditions. Not to mention a 64rd 31s is a $300 coin while the 14d in 64rd is a $8,000+ coin.
I also think the non key early date cents are harder to find than the keys. Everyone knows the keys are "valuable" so they have been sent off to be graded in droves. You'll have an easier time finding an 09s vbd than you will finding just a plain old 09s.
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Pillar of the Community
United States
4085 Posts |
Agree 31-S was an easy buy. Like a supermarket of them. The last two I added in MS63RB were very hard to find at a reasonable price - 24-D and 15-S. Looked for the better part of a year before I found a 24-D on Great Collections for a little over 500 and a 15-S for around 650 on ebay. Ones with decent eye appeal under 4 figures are scarce. Now I have to let the budget recover a bit! |
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Moderator
 United States
188952 Posts |
Quote:
The 31s was one of the easiest ones to track down for me. Every coin show I attend there are multiple 31s in every condition available. It was not as easy for me to track down a nice brown one for my set, but once I did it seemed like they suddenly became more common. Although, higher grade red and red-brown have always seemed plentiful. |
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New Member
United States
32 Posts |
 Growing up I thought a 1914-D penny was the rarest thing in the world. My brother and I searched rolls of pennies looking for that coin. Today I doubt you can find a Wheat penny from before 1920 in your change if you checked a 100 rolls of pennies or a thousand rolls. I think this is a reason coin collecting is becoming a hobby for the elites. You have to buy every single scarce or collectible coin there is now. When the coins go from Silver to silver clad and from 5 million pennies to five billion mintage you know they will never be worth ten cents if you live to 100. Clad coins are just junk IMO and you pay more for them brand new than they are worth. A 2016 penny is not worth a penny sinc...QUOTEDTerry8835 Ive pulled some good coins from 100s of rolls checked, incuding a 1909 svdb and a 1914 D even a 1919 penny that is in great shape. Ive picked up rolls from different towns amd states while traveling. 10 rolls at one place landed me over 100 wheat heads. A buddy whos relative collected pennies in a huge jar for the purpose of turning them into the bank for cash... those are the instances where my mind thinks jackpot! Ill gladly give them cash for their penny jar when theyre ready. The thought of getting a 1,000$ payday from pocket change was reason enough for me to start paying attention to my cents. The rest just kinda took off on its own and now its another hobby that I enjoy doing.  Edited by Antt3377
01/19/2017 10:17 am
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Bedrock of the Community
United States
11951 Posts |
I have been working in a local coin shop for several years.
We see hundreds of Lincoln collections each year.
Most of the sets are missing key and semi key dates.
It seems like the cons that have a mintage under 10 milion are the
Lincolns most often missing.
Some semi keys to me are
1924 D
1926 S
1922 D
Pre 1916 "S" mint coins.
I would not say these are rare coins ... maybe from the old days of
collecting wheats from change, semi key dates were much harder
to find.
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Valued Member
United States
173 Posts |
Quote:Today I doubt you can find a Wheat penny from before 1920 in your change if you checked a 100 rolls of pennies or a thousand rolls. I have to agree that it is very tough to find pre-1920 wheat while CRH with rolls you get from the bank today. All my pre-1920 came from wheat rolls I bought. But I still find wheat pennies, majority being in the 1930's and up, on rolls that I get from the bank. My best finding in a roll that I got from the bank was a 1909 VDB. A newbie like myself was able to complete the Lincoln album shown below, which starts from 1940, with rolls that I got from the bank since I started this hobby, with the exception of the steel pennies. Those I found in wheat rolls.       |
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Replies: 22 / Views: 8,030 |
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Posted 09/11/2016 4:41 pm
