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 Replies: 39 / Views: 2,967 |
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Pillar of the Community
United States
1283 Posts |
I just got this month's gray sheet. The 1909 VDB has been going up like crazy every single month in all grades.
In case any of you have never browsed through CDN, if a price is up from the previous month there will be a + next to it, and a - if it went down.
So this month every single grade Good through MS-60 went down since the previous month. Grades MS-64 and higher are still continuing to increase.
Can anyone speculate as to why that is?
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Valued Member
United States
206 Posts |
Maybe its because people heard about the 2009 pennies and are now rushing to complete their lincoln cents.
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Pillar of the Community
United States
668 Posts |
I think ill buy a few 1909 VDBs tomorrow at the show depending on the price
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Pillar of the Community
 United States
1283 Posts |
What I thought was strange, is that all of the sudden MS-60 and below went (down), but the higher grades still went up.
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Pillar of the Community
United States
2177 Posts |
I agree with Gold Certificates. And with Lincoln Cent 100th birthday and also will the cent be facing more serious consideration of elimination therefore. I don't think the one cent will be eliminated in my lifetime. But who knows! |
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Pillar of the Community
United States
7123 Posts |
I figure that the coins 64 and higher have seen an increase in buyer activity while those in lower grades have seen a decline in buyer activity .
coins always have and always will be buyer driven .
Metalman
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Pillar of the Community
United States
2443 Posts |
Maybe people think that with the new 2009 penny, that now's the time to buy it and complete there sets. So, they're thinking that they might as well buy a higher grade example because those are the ones that are most likely to increase in value and become harder to find for a decent price around 2009. So with more people focusing on the higher grade examples, the demand for the lower grade examples went down.
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Pillar of the Community
United States
1691 Posts |
Lincoln wreath cents have been on fire lately, so the first year of issue is just trying to keep up with the rest, I suppose.
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Pillar of the Community
United States
2600 Posts |
Simply speculation, but they are not going to ever be any cheaper. I am grabbing every thing I can in the teens and in decent condition.
Jim
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Pillar of the Community
United States
827 Posts |
this topic has intrigued me into getting my hads on a 1909 vbd now  Edited by Sleaklight
10/13/2007 11:48 pm
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Pillar of the Community
United States
2600 Posts |
Any early Lincoln in above avg shape is worth investing in sleeklight. and, how is yhour back doing, well I hope?
Jim
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Pillar of the Community
United States
1283 Posts |
quote:
I am grabbing every thing I can in the teens and in decent condition.
So am I. I just wish I had started sooner. |
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Valued Member
United States
367 Posts |
what if the 2009 pennie isn't accepted because of its "new designs" myself I will not be buyng none of the 2009 cents unless theres a wheatie in there. but if the 2009 isn't accepted the what ya gunna do when the 1909s get all dumped on ebay? |
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Bedrock of the Community
United States
62064 Posts |
I got a 1909 VDB in change once. It was in the cash drawer and I bought it as I usually get all wheats I can find in circulation. It was later that I found it was a 1909 VDB. It looked like a 50's circulated coin. But it wasn't.
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Pillar of the Community
 United States
5953 Posts |
When they get dumped on ebay then I will be able to buy a reasonable grade at a fair price. I am not into Cents enough to want to pay speculation driven prices...I will wait for a few years.. But then I have boxes of wheaties just sitting around waiting for the market to improve enough to make it worth while selling so I guess I have double standards here. I want something for nothing and everything for my nothing.... |
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Pillar of the Community
United States
2600 Posts |
I don't know, Nohope, I wish I would have bought a 09-S VDB 10 years ago and not waited. It sure does not look like it will ever backup.
JIm
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Replies: 39 / Views: 2,967 |
Posted 10/13/2007 4:51 pm
