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Do Woodies Increase The Value?

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Author Previous TopicReplies: 11 / Views: 1,046Next Topic  
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LincolnCentMeHere's Avatar
United States
558 Posts
 Posted 08/05/2016  2:18 pm Show Profile   Bookmark this topic Add LincolnCentMeHere to your friends list Get a Link to this Message Number of Subscribers
Of your cent?
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John1's Avatar
United States
56855 Posts
 Posted 08/05/2016  2:25 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
If it is nice looking and you collect them,yes.
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ArrowsAndRays's Avatar
United States
1662 Posts
 Posted 08/05/2016  2:26 pm  Show Profile   Bookmark this reply Add ArrowsAndRays to your friends list Get a Link to this Reply
Really nice examples can increase a common cent's value ten-fold. It wasn't always the case, as not too long ago defective planchets weren't desirable as anything other than a curiosity.
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ace_ftw's Avatar
Canada
1747 Posts
 Posted 08/05/2016  2:30 pm  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
if you are talking key dates, it wont add any value.
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LincolnCentMeHere's Avatar
United States
558 Posts
 Posted 08/05/2016  4:03 pm  Show Profile   Bookmark this reply Add LincolnCentMeHere to your friends list Get a Link to this Reply
Talking about in general. I like 'em & collect them.

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Coinfrog's Avatar
United States
94367 Posts
 Posted 08/05/2016  5:15 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Just a matter of taste. Personally, I would never buy one.
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Rackster's Avatar
United States
4809 Posts
 Posted 08/05/2016  5:44 pm  Show Profile   Bookmark this reply Add Rackster to your friends list Get a Link to this Reply
Collect what makes you happy. I suspect you answer is yes and no. I really think it depends on a few factors including eye appeal. Some dates you almost can't get around the fact that a number of the cents in circulation are going to be woodies. 1980 for example has tons in circulation. No extra value there. But for 1909 S VDB where there is a significant population which are woodies, price can increase.

Personally, I like the woodies that remain smooth on the surface texture. If the surface is ridged, I would pass on the coin.
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Dustin6's Avatar
United States
3516 Posts
 Posted 08/05/2016  6:58 pm  Show Profile   Bookmark this reply Add Dustin6 to your friends list Get a Link to this Reply
Some people collect them, when I see nice ones CRH'ing I take them but I wont pay over face for them
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John1's Avatar
United States
56855 Posts
 Posted 08/05/2016  8:17 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
If I remember right,a few years ago I posted a woody and a CCF member PMed me to buy it for I think $4?
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coop's Avatar
United States
62064 Posts
 Posted 08/05/2016  10:19 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
Just like toning on coins. Some enhance the color, others ruin the color to me. I prefer the white look of silver and a nice pattern of color on them. But brown toning is a deal breaker for me. So buy what you like and if you are selling a coins ask yourself: Would I buy this coin? If the answer is no, then it might be a better coin to trade with rather than sell a dud to someone.
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kanga's Avatar
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5825 Posts
 Posted 08/05/2016  10:47 pm  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
I like them but in general the collector demand is low.
Hence I won't pay anything extra.

For me die cracks are the same.
In general collectors won't pay extra for them either.
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CoinMasters's Avatar
United States
5964 Posts
 Posted 08/06/2016  12:39 am  Show Profile   Bookmark this reply Add CoinMasters to your friends list Get a Link to this Reply
There is a market for them, attractive ones are bought and sold everyday. There are collectors of almost all types of coins. Woodies do not command the highest prices of the collectables, but easily sell for over 100 x face value, (dollars on the penny).
Edited by CoinMasters
08/06/2016 03:16 am
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