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 Replies: 24 / Views: 4,624 |
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Valued Member
United States
486 Posts |
77  -PP |
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Valued Member
United States
239 Posts |
I would pick the 1909-S VDB. The 100th anniversary of the Lincoln Penny is coming up, and that may have a significant impact on its value. |
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Valued Member
United States
486 Posts |
The 100th anniversary will impact the value of IHC just as much as the Wheat penny because it will make IHC one penny series older than they were before. IHC, Wheatie, Memorial, '09 lincoln. Buy the oldest coin before the newer coin before the older coin is out of your price range. Remember, although they minted less S-VDB's, the 77 is still 32 years older. Older keys are generally more expensive than newer ones. In addition people saved MUCH more S-VDB's than 1877 Indian Head Pennies. I would go for the 1877 IHC. Best of luck, PP |
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Pillar of the Community
United States
2443 Posts |
Quote:
Why does this matter, unless you are going to sell it? If you are looking to make a quick profit then I would tell you to get the VDB. In my opinion the prices will climb a little next year due to the centennial. He asked which ones are going to increase over the next year, so that might imply that he's thinking about selling it. Everyone is saying that the prices are going to increase, but no one knows by how much. Prices are already increasing because of whole 2009 redesign so it might not increase by that much. Plus, it's possible that more people might be waiting till the redesign to sell theirs and they might over flood the market with them and cause the price to decrease. Might also be that most collectors that needed the coin already bought it because they figured that the prices will increase in 2009. YET, I doubt any of this will happen, since the lincoln series is popular and their will always be a demand for it since it's the key. I would guess that lower grade examples would probably gain the most. I have an idea, why don't you buy both? Just get a lower grade of both to make up the difference? |
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Valued Member
United States
486 Posts |
On the contrary, I have heard and known from experience that high grade coins increase the most in value as compared to low grade ones. The higher the grade = the higher the demand. -PP
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Moderator
 United States
16679 Posts |
I'm with Amazon99. I like his idea of why not just get both coins? If you purchased a Good 4 example of each coin, you should be able to pick both of these up for about what you are willing to spend. You will have the best of both worlds, plus both WILL increase in value over the years, regardless of grade. I would buy only "no problem" examples. They are out there. Most collectors want an example either to complete their collection or as a type coin. I do believe you will see a slight uptrend on 09-S VDB due to the release of the 2009 Lincolns.
swcoin.ecrater.com
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Pillar of the Community
United States
860 Posts |
I went back and checked the 2004 vs. today's coinvalues prices and I see that the above poster's are right about the value of purchasing both. If the G4 of the 2 were purchased in 2004, they would have cost about 1125 and be worth the 2000 total today, a 77% increase over the 4 years. I would have argued it was better to go higher grade, but maybe that doesn't do as well for low mintages. So if it is for money, go for the low grades of both. Historically , you will do well. I echo the "problem free" comment.
Jim
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Pillar of the Community
United States
2443 Posts |
Quote:
On the contrary, I have heard and known from experience that high grade coins increase the most in value as compared to low grade ones. The higher the grade = the higher the demand. -PP I agree with you, but alot of people collect lincoln cents. They pretty affordable in lower to mid grades and even some higher grades. If you have someone who is trying to complete their collection and you have a F and a MS65 you would have more luck selling the Fine one because there are more lower grade collectors that would need to complete it. So I'm saying that I think that in the next year the prices will increase for the lower grade ones because will be trying to complete their collection for as cheap as possible. Same with the 16-D merc dime. I'm not sure if I explained this correctly  |
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Moderator
United States
16679 Posts |
I believe what you (Amazon99) are trying to say is an AG03 16-D at roughly $700-800 is within the reach of most collectors as opposed to a F12 @ $3000. You are correct in my opinion. That is why I would like more lower to mid-grade "keys" than one high grade $$ key. Come time to sell, the market is limited to move that coin. There are buyers out there, but I am not going to be charged some 15% sellers fee to try to sell it.
swcoin.ecrater.com
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Valued Member
 United States
346 Posts |
I think I'm gonna pick up the 1877 first, just because I'm dying to complete my IHC collection. Probably won't end up getting the S-VDB in my lifetime. Well, maybe. |
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Pillar of the Community
United States
1130 Posts |
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Moderator
United States
188660 Posts |
Quote:I think I'm gonna pick up the 1877 first, just because I'm dying to complete my IHC collection I think this is the right call! I am a collector, not an investor, so YMMV.  IMHO: completed collection > single investment coin. |
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Valued Member
United States
226 Posts |
Good Choice TimJing !! The 1877 IHC is a Wonderful addition to any IHC collection, besides seems like everyone has a 1909S VDB. Check out Rick Snow's web site as he will most likely have what your looking for at a fair and honest price. Indiancent.com |
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Valued Member
United States
486 Posts |
 Good choice my friend -PP |
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Pillar of the Community
United States
2443 Posts |
Good choice, that would have been my pick. Good luck and keep us updated. |
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Replies: 24 / Views: 4,624 |
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First Page
Posted 07/04/2008 3:47 pm
