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Value Of The Lincoln Chronicle Set Post Ordering Craze?

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 Posted 10/21/2009  09:43 am  Show Profile   Bookmark this reply Add jbuck to your friends list
I definitely won't be cracking mine.

This will be the first "special" proof set that I have acquired since my run of prestige proof sets in the late 80's and early 90's. The prestige sets were actually gifts from my mother, making this the first time that I bought a set with the intent to keep it as a set.

The prestige sets are intact, and intact this one will remain as well.
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 Posted 10/21/2009  3:52 pm  Show Profile   Bookmark this reply Add jayceeg to your friends list
I'm very tempted to sell mine and use the money to buy (or towards buying) early Franklin proofs I need 1950,51 and 52 They aren't cheap so this may be a way to get one of them. What do you all think I should do? I'm open to opinions If I could get $200.00 or more that would probably push me to sell JC
Edited by jayceeg
10/21/2009 3:54 pm
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 Posted 10/21/2009  4:12 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list
Paul.....

Quote:
54cents.
Have you seen that Lincoln 1/2? He has horrific dead eyes. I wouldn't pay anything for one of these sets.

Hmmmm....... a discontent'er ! ....
Paul.....it is a 1oz Silver Dollar of Abe, not a 1/2. And it "did" sell out at the mint. And they were/are VERY popular. I believe most people were quite satisfied with the "new" design. This design featured, for the first time, more of a "front looking" design, versus the common "side" shot we usually see as well.
Wow though !.......sorry to hear that you didn't like it !

jayceeg ....

Quote:
I'm open to opinions If I could get $200.00 or more that would probably push me to sell JC

Usually the "hot" time is in the immediate bubble for that kind of thing, and then the excitement and "selling power" begins to wane once people lose interest and move on to something else, and it may be true with this Set right now too....no way to know this for sure. Keep in mind that President Lincoln is a VERY popular President, and will be for an infinite amount of time to come. We'll see what the "demand" will be for this particular Set 5 years from now.....but.....it's all about Lincoln......and that's why I'd NEVER part with mine !
It could very well level off and hold at $100.00 for a while, but then slowly rise through the next 10-20 years and beyond too.
But, I vote that you keep it and find a way to buy the nicer Franklins from some other means !
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 Posted 10/21/2009  6:29 pm  Show Profile   Bookmark this reply Add jayceeg to your friends list
I do have the Lincoln Commemorative and a proof set for the cents. So the only difference is the packaging. Have to see how crazy the bidding gets on E-bay and then decide.
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 Posted 10/22/2009  2:10 pm  Show Profile   Bookmark this reply Add BadThad to your friends list

Quote:
Once the hype dies down, people will be cracking the sets and selling the coins from them, as they will command a higher price that way...the same as almost any other proof set that has come out!



I seriously doubt anyone will be cracking out these sets. There's ZERO reason to do so since all the coins can be had by other means. Someone would be VERY foolish to crack one of these sets when they are worth so much as they are.
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 Posted 10/22/2009  2:17 pm  Show Profile   Bookmark this reply Add jbuck to your friends list


In this case I did buy the "slab" and not the coin(s).
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 Posted 10/22/2009  2:47 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list

Quote:
I seriously doubt anyone will be cracking out these sets. There's ZERO reason to do so since all the coins can be had by other means. Someone would be VERY foolish to crack one of these sets when they are worth so much as they are.

I am sure PCGS and NGC will have some kind of fancy label to place on the sets when they are still sealed from the mint and sent to them and if that is the case there will be some people wanting sealed sets to send in to the TPG's so they will be able to add the coins to their registry sets
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 Posted 10/22/2009  8:43 pm  Show Profile   Bookmark this reply Add Erwindoc to your friends list
Mine is on the way. I just have to decide when to sell mine...now or a little closer to christmas. I plan on using the money to fund my other registry set collections alot more.
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 Posted 10/23/2009  12:00 pm  Show Profile   Bookmark this reply Add shatsi to your friends list
Are the coins available from the mint to buy seperately?
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 Posted 10/23/2009  12:02 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
The commemorative dollar was, but has sold out.

The cents are still available; either in the full proof sets (silver and clad) or on their own (as one four cent set).
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 Posted 10/23/2009  12:38 pm  Show Profile   Bookmark this reply Add DNA to your friends list
Michael of Mint News Blog says in this post that NGC will grade them
as standard Proof coins, with no special attribution on the holder.
(PCGS didn't respond to his query)

Quote:
Michael: As a few readers pointed out, ( TPG grading) seems
somewhat ridiculous since one of the most appealing aspects of the set
is the packaging. To take the coins away from the packaging, and
instead put them in a holder with the words "Coin and Chronicles Set"
seems kind of silly.

For the LN6 Set, it's "all about the O.G.P.!"
Edited by DNA
10/23/2009 12:40 pm
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 Posted 10/23/2009  1:48 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
I like it when they make special labels for special sets, it makes all mine worth that much more because I always leave min in the OGP if they are something special
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 Posted 10/23/2009  3:41 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list
I'm down with O.G.P !








Edited by eaglefoot
10/23/2009 3:45 pm
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 Posted 10/23/2009  3:43 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list
I'm even excited to get a copy of the Gettysburg Address in there too !
I still have that speech memorized from school ! ....
And "school" was a LOOOOOOONNNNNNNNGGGGGG time ago !
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 Posted 10/28/2009  8:49 pm  Show Profile   Bookmark this reply Add DNA to your friends list
"Value of the Lincoln Chronicle Set Post-Ordering Craze?"

Number of LN6 Sets = 50,000

Number of Lincoln Cent collectors = Millions

This Set should stay worth at least $100 (in today's Dollars) for some
time to come, and it still has lots of appreciation potential....

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