I Am Curious! - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 7 / Views: 1,116
afernbaugh Valued Member United States 263 Posts	Posted 04/14/2008 09:04 am Is it just me or does it seem more than odd that a 1931 S Lincoln sells (grade for grade) at a fraction of the price of a 1914 D Lincoln? 1909 S VDB prices are understandable as it is the icon of the series. It would seem that, logically, the 1931 S would be the next highest price coin; but it isn't and not by a mile! Help this old man understand..... afernbaugh Report this Post to the Staff

Bronxman95 Valued Member United States 178 Posts	Posted 04/14/2008 09:07 am Supply and Demand... People Demand the 1914 D more or there are less 1914 D pennies in excellent condition. Report this Post to the Staff
Jim1953 Pillar of the Community United States 2600 Posts	Posted 04/14/2008 09:22 am Alan, it is not just the number of coins minted, it is the population available, both for total circulation and by grade. I don't have a book with me so just checked PCGS pricing as an example. If you look at the 1931, in G-4 it is $2 and MS-60 $20 or 1000% increase. The 1931-S you are looking at is $115 in 4 condition and $195 in 60 or about an 80% variance. Obviously, to me, the price on the lower grade 1931-S is based on the total mintage, more or less, and the MS-60 is then adjusted based on population in the grade. In other words, there are a lot of high grade 1931-S coins relative to the overall circulation. anyway, that is what makes sense to me. Jim Report this Post to the Staff
Prethen Pillar of the Community United States 3233 Posts	Posted 04/14/2008 09:33 am 1931-S Lincoln cents, like SVDB's, were known by the public at the time of release to be low mintage. The public basically saved basically the whole lot of them. Probably pretty close to the entire mintage survives which makes them quite available in a variety of grades but predominantly higher grades. I have a nice XF/AU one myself (I think it's an AU50). However, demand must be VERY high as these coins keep on increasing in value and FAST, especially in the past year. Report this Post to the Staff
BadThad Bedrock of the Community United States 19931 Posts	Posted 04/14/2008 10:04 am Prethen - What? You mean there's something besides 3CN's? LOL That's a SOLID AU, I'd go AU55-58, beautiful 31S! Lincoln Cent Lover! VERDI-CARE™ INVENTOR https://verdi.care/ Report this Post to the Staff
biokemist6 Bedrock of the Community United States 12437 Posts	Posted 04/14/2008 11:11 am It is all about the hoarding as Prethen pointed out. Many mint state and barely circulated examples were saved so that is where the bulk of the population resides. Even though prices are listed for G4, VG8, etc I bet you would have extreme difficulty in finding a nondamaged 1931-S in a grade lower than EF40/VF30. It is the same situation with the 1883 CENTS vs N/C Liberty nickel. The mintage for the CENTS is three times higher than the N/C variety, but the MS63 value is 5 times higher! The 1883 N/Cs were rumored that they were to be recalled after the CENTS variety was released which caused the hoarding. Report this Post to the Staff
jeremymh Pillar of the Community United States 543 Posts	Posted 04/14/2008 11:34 am Prethen that is a very nice 1931-s! Report this Post to the Staff
afernbaugh Valued Member United States 263 Posts	Posted 04/14/2008 1:32 pm The responses, all of them, help me make sense of this. You all have given me more reason to think that the numbers of actual "collectors" of the Lincoln series is a lot lower than I have always believed.....or.....the number of sets missing s significant number of keys and semi-keys is quite large and the number of "completed" sets is quite small by comparison. It is also entirely possible that the demand that we, or some collectors, expect for Lincoln cents is building from the bottom up and that in just a few months or years prices for the "hole filler" coins will sky rocket. I need to upgrade my 14 D.......I don't think I am going to wait! afernbaugh Report this Post to the Staff
	Replies: 7 / Views: 1,116

To participate in the forum you must log in or register.

All Forums Category: US Coins and Currency Forums Forum: US Modern Coins

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.3 seconds to rattle this change.