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Replies: 21 / Views: 2,718 |
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New Member
United States
26 Posts |
Hello everyone. I've got a Lincolin cent collection complete from 1925 to current date. All the 20's, 30's, 40's and above are all red or rd/bn. I've found that most dates below 1925 in that condition are getting very expensive. I've recently started working on a Morgan dollar collection and have about 15 common dates all in NGC MS62/63. My question is, should I focus on finishing the Lincolin set or keep going on the Morgan's? Both are going to be very expensive in the conditions I want. Thanks for your help 
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Bedrock of the Community
Australia
21786 Posts |
You will find that you will enter a transition period, just to keep your interests rolling along.
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Pillar of the Community
United States
5825 Posts |
Most of the pricey Lincolns are from the time period you are missing. Rule-of-thumb has it that you should go after the more expensive coins first. You will have a hard time getting the older Lincolns if you spend your money on common date Morgans. You may not be able to buy coins as often as they get more expensive but that's the way to go.
Shoot to complete your Lincolns (or at least get close to completion).
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Pillar of the Community
United States
3210 Posts |
Depends on what you like. Investment wise Morgan's are always a solid choice because of supply and popularity. Wheat cents also have a strong following. My personal preference is Morgan's but it's your $$$ do what makes you happiest.
Edited by Imthealphaomega 11/30/2015 08:43 am
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Bedrock of the Community
United States
20753 Posts |
My suggestion is to work on Lincoln Cents. Morgans are a bit on the high side right now for prices.
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Pillar of the Community
United States
3128 Posts |
 justcarl has it right in my opinion. I'm only 5 Lincoln cents away for completing the set. You can guess which ones I need..  I'm only 24 Morgans away and you can probably guess those as well. I think finishing the Lincoln set will be more difficult (for me). So I'm pushing there to complete it. If one of the Morgans comes along and I can't pass on it I won't but my concentration is on the Lincoln set.
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Pillar of the Community
United States
8516 Posts |
Finish the Lincoln's.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
1601 Posts |
For some time - and especially in the last couple years - there's been a meme going around that "Morgans are the new Lincolns". I don't know whether it's true or not, but most opinions I've read suggest yes, in terms of popularity. When I came back to coins it was natural for me to go back to what I did as a kid, work on Lincolns and pick up a few other moderns that I found interesting for one reason or another. My kid self had exactly three Morgans: two '98s and a '99. I also had ten Peace dollars. The silvers came from my grandfather who gave me one for each birthday until he died. I didn't take them to college with me and I have no idea where they are now, but I'm not the least bit interested in starting a Morgan collection. I'll finish my Lincolns (not all of the proofs) by year's end, and without an interest in Morgans I'm not sure where I'll go. The upshot of this rambling biopic? If you started the race with Lincoln, finish the race with Lincoln. To cool down right when you've crossed the finish line, start upgrading and help a YN get started with your culls. Or go Morgan. Happy Cyber-Monday, Coin Community!
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Pillar of the Community
United States
1450 Posts |
Finish the Lincolns because collecting Morgans will get you distracted for years and they can be very expensive. I think if you aim at doing one set at a time you will get there faster than if you try and collect numerous sets at the same time. I have been working on LSQ set for about 6 months. I have all but the 1916 coin. I am saving my money to get a LSQ in at least F to VF condition. In the meantime I will pick up a Morgan or an upgrade to my other sets but my focus must remain on finishing the SLQ set. This is my OCD showing.
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Pillar of the Community
United States
6370 Posts |
Lincolns would be a more affordable set to finish than the Morgans.
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Pillar of the Community
United States
4085 Posts |
Only you can really decide this. I will tell you that as someone currently working on an uncirculated Lincoln set, it is no small task in terms of money spent, especially if you are looking for red-brown or red coins. The "P" mints are fairly easy (< $100 each) but the pre-25 D and S mints will cost you hundreds each. 14-D and 09-S VDB in the thousands with the 15-S, 24-D and 26-S potentially in the high hundreds. It is a good challenge, however, and achievable if you are patient.
Edited by KenKat 11/30/2015 1:37 pm
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Moderator
 United States
188213 Posts |
Why limit yourself? Continue to work on both, acquiring what you can when you can.
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Pillar of the Community
United States
3128 Posts |
Give JBuck the prize... 
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New Member
 United States
26 Posts |
Thanks everyone for all the great suggestions. I guess I'm just really excited with the Morgan's because it's something new to me. I've been collecting circulating coins since the mid 80's and never started a collection of coins that are out of circulation.
I think I will rethink my focus and look more at Lincoln's. I can spend just as much on them but I'm much closer to finishing that set. And, when I go back to the Morgan's I've got a decent start. Thanks again.
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New Member
United States
30 Posts |
Morgans are seductive, very distracting. Recently I finished my Walking Liberty halves (except for 1921 d/p/s, looking for nice examples). Now I'm transitioning to Capped Bust halves. Very cool they might all be 200+ years old in my lifetime. Point is, you like cents, stay with cents. I bet you already have a start with some Indian Heads. Maybe consider the Large Cents too.
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New Member
 United States
26 Posts |
Well I'm back from ebay already    and that reminded me why I started into a new set of coins. My god, I've got to actually rethink the grades I'm going to go for. I can't afford red lincolin's in the dates I need. I don't even know how I got all the down as far as 1925 
Edited by Cilrah 11/30/2015 4:25 pm
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Replies: 21 / Views: 2,718 |