Lincoln Wheat Cent Keys

I just recently started my Lincoln collection in the new 8100 dansco with proofs. I have bought a few random sets to pick and choose the good ones. I have most everything from 41 up, except for a few proofs. I now know that the expensive parts comes in with the 41's and below wheats. I dont think i'll ever buy a 1909S VDB. I am pretty sure that I will get everything else. I'll make it my goal to somehow find the 09s vdb. I'd rather hunt for it for years then to drop $1500 or more on it.

So I definetely think its worth the time and money to fill these sets, even with a few holes. I have way to much fun doing the cheaper coins then buying the expensive ones. I plan on starting other sets once my lincoln is done too, and trust me...those will have holes to :)

Why not take the set you have now, Sell it, use the money to buy the SVDB and start again, this time one coin closer to completion?

Picking up coins under 20 bucks is easy, plopping down several hundred is tough sometimes.

Okie, mint quantities are only a part of the valuation process. As much as anything, it is the perceived existing population, and for some coins in particular, the population in each grade.

That is why some coins will have almost no value in a low grade and go thru the roof on the high end. If almost all the known mintage went into circulation there will be fewer examples of high grade coins and plenty of worn ones. If you study Morgan prices you sill see examples like the 1883-S. Tends to be lots of lower grade coins and then the price jumps as soon as you get to AU.

I would assume that pricing tends to reflect the population by grade as recorded by the TPGs. By now, they have accumulated a mass of population numbers and they are representative on average of the whole.

Jim

okie-colin, I don't think Metalman is saying keys are based only on mintages.

I took the statement as meaning 'if' you listed only the mintage criteria.



Jerry

The only thing I've found fun to do lately is try to put together
rolls of coins off the beaten path. For wheats I'm working on one
for 1931-D cents in AU. It's mintage is somewhat higher than the 31-S
but at 4,480,000 that still isn't much for pennies. The 33-D at 6.2
million is another over looked penny when it comes to mint scarcity.



Jerry

I am begining othink that the 1932, and 1933 are as scarce as the '09-S-VDB! Of course the '22-missing D, and some of the other keys, or semi-keys are missing, but the dates entirely, in all mints, are the two years I mentioned are the only ones. I have thousands of wheats, but not one '32, or '33. I am putting together rolls of each date and mint , where possible, but a roll of '09S-VDB? I think it will be just one of several "hole-rolls", missing from the date/roll set.
Dick

Im the oppisite of most people. I have several 14d from good up to xf. 09s from fine to xf. 1- 09svdb in a pcgs xf40 holder. a couple of 31 s in au, 1 vg 10 pcgs 22 plain strong reverse and 1 22 plain strong reverse in vf 25 pcgs. When I bought the vg 10 I could of got a xf 40 for 800. I payed 450 for vg 10. This was around 2003. I'm kicking my self in the butt for not buying it.

Just carl,

You were talking about so many peaple bent on the distruction on the cent. What do mean by that on what your talking about ? I know the 59 thru 81 cents are worth more melted down in copper scrap metal.

I been hoarding up 1959 thru 1981 cents that are brown, junk that I will not install books or folders. The us mint made billions them and when I go thru bank boxs of 25 face. I find maybe 4 to 5 dollars on those in those 2007 fedboxs. I been taking them and making 25 dollar bricks out them to save intill us mint will let you melt them without going to jail.

I been saving all au/bu red cents out the 59 thru 81 to install in books. All pre 1958 cents I save since they are worth maybe 4 cents each compared to 2 cents each melted down on the 59 thru 81 brown junk pennys. Those 1959 thru 81 junk wore out brown pennys dont have any colletor value other than to hoard copper or wait on us mint to get rid melt ban they have on them.

The coins worth keeping are wheats and the au/bu coins from 59 thru 81.

Since you been collecting for over 60 years and you saw what happened in 1965 thru 1970 when they removing all pre 1964 silver coins from circultion to be hoarded and sold as junk silver and then melted down into silver ingots. Its the samething over again with the 1959 thru 1981 copper pennys. I born in 1971 and never did see in lifetime. So what did you think about them doing that to all silver coins by hoarding them up like that.

My uncle bought over 55 pounds of silver coins in 1965 and kept them all those years. Silver at 14 bucks ounce and 225 per pound its worth around 12500 for hoard of silver in 2007. I dont know how much they are worth or if they been checked for key dates yet. He paid face value for all it in 1965 and pays the bank 50 bucks per year to store them. I never seen them.

Thats main reason I want to hoard up all 59 thru 81 cents since I can get them at face value. If I can I would love put back maybe 3000 dollars face value on them or trade them for junk silver coins to put away as an investment like my uncle did in 1965 with silver coins. Maybe in 5 years copper prices will be 5 to 6 dollars per pound or whatever.

Trust me I dont want destoy any pre 1958 wheats since they already worth more than 2 cents each on copper .

I think its same over again like with silver coins but copper this time.

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