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Price Of A 09 S VDB What Would You Do

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daviscfad's Avatar
United States
4541 Posts
 Posted 02/02/2012  06:34 am  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
I say look around till you find one. I actually was not even in the market for one when I bought mine. The guy says I got an 09s vdb I am going to try and trade at the coin show. So I bought it from him for around 700 and its around the vf-30 range
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enworb's Avatar
Australia
4411 Posts
 Posted 02/02/2012  08:23 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
Seeing it will probably be the centrepiece to your set why not have it in a better grade so it stands out. If I were in the situation I would definately be spending the extra $250 and getting the nicer coin. Having said that though make sure you shop around, as justcarl points out 484,000 is a reasonably decent mintage and there are plently out there so dont rush in just for the heck of it.
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wquinn's Avatar
United States
2295 Posts
 Posted 02/02/2012  08:40 am  Show Profile   Bookmark this reply Add wquinn to your friends list Get a Link to this Reply
I don't see why it would be a bad idea to get the 09s VDB in a higher grade to make it stick out. It is the king of Lincolns, so why shouldn't it stick out?

And most people do start off with collecting the common dates first. It is a natural instinct and cheaper/easier to do.

And it is best to get the keys in the highest grade you can afford, since they usually go up in value faster.
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BadThad's Avatar
United States
19949 Posts
 Posted 02/02/2012  11:28 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
Again, agreed. I have it in my head to collect the Lincoln Cents in the common-to-key order; I must buy the 1914-D before the 1909-S VDB. I have been stuck on the 1914-D for a while after ripping through 1909-S and 1931-S relatively easy! Not easy to find one that will match my set. I let one slip by a while back thinking it was overpriced (I look back now and feel it was not).



Yea, you gotta pay the piper and pretty much toss out the book values for the 14D. Even at the super big shows there might only be 1-3 on the floor. On the very rare occassion I have seen them at dealers and shows, they are priced HIGH. People "in the know" are aware of the scarcity and price accordingly. They know if you don't buy it, the next guy probably will.
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jbuck's Avatar
United States
188488 Posts
 Posted 02/02/2012  12:06 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
People "in the know" are aware of the scarcity and price accordingly. They know if you don't buy it, the next guy probably will.
So true, but I will not give up. The hunt is part of the fun.
Bedrock of the Community
United States
20753 Posts
 Posted 02/02/2012  4:13 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
I have to somewhat disagree with Carl. Even though the mintage is only 484k, there's plenty of them to go around. People need cash, quit collecting or die and new ones continually enter the market. I venture to say at any given time there are thousands for sale.

Your right for NOW. But I was indicating what will be happening soon enough. Although the population is constantly growing and so is the amount of coin collectors, yes for now there are many of such coins around. But again, that will slowly vanish as more and more collectors pop up.
I go to coin shows all the time and have seen the 09S VDB slowly vanishing from dealers. Yes that is also true of the 14D as well as many others. Again, the amount of coin collectors is growing. AND if the economy starts picking up soon, those few around will just vanish.
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oih82w8's Avatar
United States
7840 Posts
 Posted 02/02/2012  4:17 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
There is not a whole lot of traffic (65 views) on the street to my VF-20 1914-D I have in "Pocket It Now" (until Sunday when it goes on ebay)...it has a "twist" to it ..."rotated die" that is, easily seen in the ANACS Slab pictures. My asking price is below Numismedia FMV too!

I would rather a CCF member purchase it versus someone I don't know.
Edited by oih82w8
02/02/2012 4:18 pm
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coinvet's Avatar
107 Posts
 Posted 02/02/2012  5:02 pm  Show Profile   Bookmark this reply Add coinvet to your friends list Get a Link to this Reply
If there was such little difference in price and I could afford it, I would go with the best grade.
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BuffaloBonehead's Avatar
United States
333 Posts
 Posted 02/02/2012  8:47 pm  Show Profile   Bookmark this reply Add BuffaloBonehead to your friends list Get a Link to this Reply
If you can save $1000, you can save $5000. I say wait until you can afford something in the MS range.
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Connor's Avatar
United States
2130 Posts
 Posted 02/02/2012  9:45 pm  Show Profile   Bookmark this reply Add Connor to your friends list Get a Link to this Reply
Rookie question...Why are the 14d's harder to find than the 09 s vdb's? There were 484,000 09 svdb's and 1,193,000 14d's. This is a big difference in the amount minted. Just curious.
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 02/02/2012  10:18 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
Part of the reason was that there was controversy over VDB at the time, so a lot of them got saved. Same story with the "no cents" V nickels - they're the lower mintage, but are more common in high grades because they were saved.

It's also famous, which means it comes to market more often. Price appreciation gives more incentive to an owner to sell. Semi-keys have appreciated less than the famous keys, so owners reluctant to let them go and effectively lose money. Also, if you're a dealer who just bought a collection, 1909-SVDB the first one you're going to try to flip because it's the fastest way to get your money back out.

Other series are similar. 1916-D Mercury dimes are widely available in low grades (though VF-AU are genuinely scarce). There are a whole bunch in FR2, AG3 and G4 available on ebay all the time. The same is true of 1921 and 1921-D. If you buy a collection of Mercury dimes, those are the three that get pulled out. Heck, all the rest might end up in the melt bucket if the dealer is impatient. But if you start looking at the semi-key dates in nicer grades it gets interesting. Dates like 1926-S or 1925-D in XF or AU are priced much lower than 1916-D in FR2, but good luck finding a nice one!
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biggfredd's Avatar
United States
9104 Posts
 Posted 02/03/2012  03:25 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
Why are the 14d's harder to find than the 09 s vdb's?

squirrel effect
Valued Member
Australia
243 Posts
 Posted 02/03/2012  04:59 am  Show Profile   Bookmark this reply Add enoilgam to your friends list Get a Link to this Reply
Personally, I'd spend the extra money and get a good one. The S VDB is an expensive coin - so if your in for a penny, go in for a pound (no pun intended). Also, as enworb said, the S VDB is the centerpiece of any lincoln set, so it would be a good idea to have the centrepiece really stand out.

I was in a similar position to you a couple months ago in that I needed a key Australian commemorative florin to complete a type set. In VF, the florin is worth about $350, but in Aunc its worth about $500. I figured that if I was going to spend that much on a coin, I might as well go out and get a great one for a bit extra dough.
Edited by enoilgam
02/03/2012 05:02 am
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Connor's Avatar
United States
2130 Posts
 Posted 02/03/2012  08:18 am  Show Profile   Bookmark this reply Add Connor to your friends list Get a Link to this Reply
Thanks for breaking it down for me guys. You learn something new everyday. Before reading this I would have guessed the 09 s vdb would be much harder to find. The only two I have left before completing this set is the 14d and 09s vdb.
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biggfredd's Avatar
United States
9104 Posts
 Posted 02/03/2012  5:12 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
At any given moment there are about a roll of svdbs on ebay. That makes it barely scarce.
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