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1922 No D LWC Advice

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Valued Member
briank's Avatar
United States
256 Posts
 Posted 03/25/2013  09:43 am Show Profile   Bookmark this topic Add briank to your friends list Get a Link to this Message Number of Subscribers
I have a 22 no d , strong reverse ncg graded au 55 LWC. My question is what opinions do you have on this coin? What I mean is, I am thinking of trading it for something else, such as an 1893s morgan or a flowing hair dollar. I'm looking for a better performer approx 5/10 years down the road when I retire and may sell for a retirement home. I know that some diehard LWC collectors don't really acknowledge the 22 no d for their sets and wondered if I would be better off with either two of the dollar coins. I'm not a diehard series collector, but I do like Slq and Wlh,may also consider a 1916 slq. Thanks for any advice.
Valued Member
United States
131 Posts
 Posted 03/25/2013  10:45 am  Show Profile   Bookmark this reply Add Telestrat27 to your friends list Get a Link to this Reply
I am one of the Lincoln collectors whom does not consider the 22 no-D to be a part of the series proper. That being said, 22 no-d's in that condition do not come along very often. Given the fact that key dates in any series typically appreciate faster than anything else, I would hold it. The Red Book lists an AU-50 at $6,250, MS-60 at $11,000. So you're probably holding around $8,500, according to the RedBook, though the scarcity and condition of that coin makes me think the Red Book is on the low side.

Hold it, you'll probably not regret that, but I suspect in 10 years you may regret getting rid of it. Good luck either way.
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briank's Avatar
United States
256 Posts
 Posted 03/25/2013  11:29 am  Show Profile   Bookmark this reply Add briank to your friends list Get a Link to this Reply
Thanks for the advice, I guess what I really need to do is to pull out my old coin mags from when I was a kid (I thinkI have some from 1982) and track the increase of all the coins involved.
Valued Member
briank's Avatar
United States
256 Posts
 Posted 03/25/2013  11:30 am  Show Profile   Bookmark this reply Add briank to your friends list Get a Link to this Reply
Thanks for the advice, I guess what I really need to do is to pull out my old coin mags from when I was a kid (I thinkI have some from 1982) and track the increase of all the coins involved.
Valued Member
briank's Avatar
United States
256 Posts
 Posted 03/25/2013  11:30 am  Show Profile   Bookmark this reply Add briank to your friends list Get a Link to this Reply
Thanks for the advice, I guess what I really need to do is to pull out my old coin mags from when I was a kid (I thinkI have some from 1982) and track the increase of all the coins involved.
Valued Member
briank's Avatar
United States
256 Posts
 Posted 03/25/2013  11:32 am  Show Profile   Bookmark this reply Add briank to your friends list Get a Link to this Reply
My phone has a mind of its own today.
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Drsandman2's Avatar
United States
1374 Posts
 Posted 03/25/2013  12:38 pm  Show Profile   Bookmark this reply Add Drsandman2 to your friends list Get a Link to this Reply
To be honest, if your goal is to find a "well performing" coin so that you can sell it later for a larger profit, then maybe you should think about gold or silver. A lot of coins don't even beat inflation. I've noticed the only coins that turn good profits are the truly rare coins, like the 1943 copper. And a 1922 No D in AU is about as liquid a coin as you could have, it will be EASY to get rid of at any time and buyers should be strong on it.

That said, the only coin I don't have in my LWC set is the 1922 No D. It was an over polished, greasy die - not an intentional mint issued design. If a person were to allow such a "variety" into their set, then I would suggest taking a hard look at the 1955 DDO first. That is a legitimate eye popper.
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briank's Avatar
United States
256 Posts
 Posted 03/25/2013  5:52 pm  Show Profile   Bookmark this reply Add briank to your friends list Get a Link to this Reply
There is one on ebay for $4995 so that makes wonder if I can find a better key date.
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 03/26/2013  3:30 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
It all depends on who is buying at the time you are selling. That coin will go for more than 5 grand if it has good eye appeal and the right buyer is there. You will get arguments for other coins, whether they be Morgans or Peace or whatever. The main thing is thaqt it is a key coin and in high grade. Those will always have buyers and will always increase in value. Personally, I would hold what you got.
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briank's Avatar
United States
256 Posts
 Posted 03/26/2013  4:32 pm  Show Profile   Bookmark this reply Add briank to your friends list Get a Link to this Reply
I think I will just keep it. Ill just work at getting a 1916 slq the old fashion way and save for it.
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BadThad's Avatar
United States
19942 Posts
 Posted 03/27/2013  2:14 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
I would hang on to it. It's considered a key date in the series and key dates usually perform well over time.
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