Lincoln Wheat Cent Keys

I have resolved to finish my 7100 before next summer. I have been staring at six holes in it for many years now (I am missing the big five, as well as the 1970S SmDt).

I will probably pay way more than I could have a few years back. I might very well buy them this year and in 2009 have the prices go DOWN because of over speculation. At that point, I will have to be content in knowing I have a completed set. The other scenario is the prices go higher and I have to spend even more money on it. I think I have waited long enough.

I must disclose that I am a collector first, not an investor, so that does affect my choices.

Quote
"Thats main reason I want to hoard up all 59 thru 81 cents since I can get them at face value. If I can I would love put back maybe 3000 dollars face value on them or trade them for junk silver coins to put away as an investment like my uncle did in 1965 with silver coins. Maybe in 5 years copper prices will be 5 to 6 dollars per pound or whatever. "

To each his own, but that isn't what coin collecting is about to me. In my opinion the best use for old junk silver is to sell it when spot prices are high and buy collectible type coins. That is exactly what I did with over $300 face value of old silver coins that were included in the coins I received from my Mother. After searching it all for anything worth keeping, I sold the rest for nine times face and bought coins I needed for my 7070. I have a feeling that were I not primarily a coin collector, that this would also be the smarter investment. Really nice type coins, or key dates of popular series have historically appreciated much more over time than bullion prices. I also doubt that copper will ever be a good long term bet for appreciation. First of all the Mint may never legalize melting them. Secondly, the price of copper, unlike gold and to some extent silver, is related to the pace of economic expansion in the world. That can change rapidly and rapid economic growth is never sustained over time. In other words copper is a commodity and is valued based on supply and demand for industrial use, unlike gold and silver that is viewed as having intrinsic value beyond the limited production uses that exist.

Okie Colin,

Your right the copper prices could crash and be worth nothing. Or us mint will never let peaple melt them. Its mess for sure.

In my collection of coins I have clad 1965 and up stuff. Main reason I want junk silver rolls of dimes, quarters is where I can build me 32 thru 64 set , Mercury dime set, 46 thru 64 dime set. I built all my sets from bank rolls of coins and I cant complete them since I cant find silver in bank boxs in 2007.

I would love have each book complete with keys for my colletion. I been working on 1883 thru 1912 nickel book, 1857 thru 1909 penny book. I did finish my 1909 thru 2007 penny book. An lot old stuff I had buy overface value on them to work on them.

Since peaple are hoarding copper and paying over face on them. I can get it face all day long. Main reason I want to do it is where I can make money to complete my sets and build those sets like Mercury dimes or stuff since they are expensive. Thats the reason why I where I can make money to build my sets of coins to collect since they are very expensive.

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