Opinions On High Quality 1909 Vs A Bunch Of Lesser Ones?

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Author	Replies: 7 / Views: 1,097
ebaybrad New Member United States 5 Posts	Posted 02/28/2007 8:52 pm I am contemplating purchasing a coin (i am a beginner) that I have wanted since a kid (the 1909s vdb). Whilst I would much rather look at a ms66 red, I am asking the question from the finance side of my personality. Which would be better in your opinion.... say one ms66 expensive coin slabbed from a biggie grader or say a few to bunch of lesser qality ones. I am asking from merely a price increase potential on the total amount spent. I know what is better on a collectible basis. I am going to give my opinion that the "picasso" would prob appreciate faster cuz of the rarity.... Thanks for all your opinions in advance Report this Post to the Staff

SsuperDdave Moderator United States 23522 Posts	Posted 02/28/2007 8:53 pm Welcome to Coin Community, ebaybrad. I share the opinion which is considered wisdom among most collectors: Always buy the finest coin you can afford. You'll probably hear other opinions. Report this Post to the Staff
Jim1953 Pillar of the Community United States 2600 Posts	Posted 02/28/2007 9:09 pm Brad, 1st welcome. 2nd, I have started subscribing to the Grey Sheet, the dealers pricing guide. The quarterly supplement was on Gaudens Double Eagles and specifically the top ten. Each one has increased in excess of 300% in very short order. So, from strictly an investment perspective, it is the rare coin that appreciates the most. They actually break it down by the number of coins graded above MS-63. Your talking 40 coins by PCGS and 35ish by NGC. The bottom line is that the more coins available the less they grow in worth. So, from a investment angle, buy the very best you can buy. Hey, I think that was exactly what Superdave said. Jim Report this Post to the Staff
ebaybrad New Member United States 5 Posts	Posted 02/28/2007 9:19 pm wow! Thanks for the quick replies and warm welcome. I once had a penny circulation book (when I was about 12 in 1980 or so. I had seen the circulation in 1931 was very low. That night I had a dream that I started buying them in hoardes (i actually could buy them at that age for very little...as I had little). I (in my dream) cornered the market win them and became rich. I later had my dreams shattered by a calculator and a collector telling me that despite the low mintage..many were collected back then because of this. I think my fascination with this coin stems from my father;s hype of it. I think owning one has sentimental value more than anything else. I am sure there are probably better/rarer coins that are less popular or known. I appreciate the responses and look forward to reading more. I still strongly feel there is liitle better than a shiny red penny...even a new one. Report this Post to the Staff
Spider5689 Pillar of the Community United States 2269 Posts	Posted 02/28/2007 9:41 pm I agree with SuperDave, go for the most expensive one you could afford. In 2009, it will mark the 100th anniversary of the Lincoln Cent, and 1909 S VDB is the key to the series. In 2009 the mint is producing 4 circulating commemorative designs to mark the 200th anniversary of Lincoln's birth and the 100th anniversary of the Lincoln Cent. If history is a good indicator, then the keys to the Lincoln series should rise in value with the added collector interest. It would be a good idea to purchase a 1909 S VDB now, then wait too long. The price for a MS66 might be out of reach in a couple of years. Report this Post to the Staff
Tykimeister Pillar of the Community United States 882 Posts	Posted 02/28/2007 10:41 pm I think you should of bought this coin back in 1980. Would of saved yeah a couple thousand. Ty Report this Post to the Staff
Tykimeister Pillar of the Community United States 882 Posts	Posted 02/28/2007 10:43 pm Personally, I would spend around $1000 for a AU/MS60 09 svdb, and spend the rest you have on a 1916 D Mercury dime. That dime is INCREASING in value like crazy. This is what I would do. Ty Report this Post to the Staff
littleboy Pillar of the Community United States 764 Posts	Posted 03/01/2007 02:53 am 09s vdb did not circulate much compared to the other early lincolns, so unc pieces are relatively easy to get. its premium value is mostly from demand, not rarity or condition. from a financial point of view, I don't think it matters too much with this coin. values for all grades is steadily increasing. if you're focusing on lincoln cents, the big moneymakers are unc from the teens and 20's, especially branch mint coins. the dies were weak and these coins circulated very harshly, so full detail are rare and will continue to appreciate very rapidly. Report this Post to the Staff
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