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Need Input On How To Collect Lincoln Cents

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Bedrock of the Community
United States
20753 Posts
 Posted 04/20/2008  8:11 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Where can I find out which coins are the key dates and semi key dates? The book taht I am reading does not mention them.

Try to find a coin store, dealer, book store that carries a book called the Red Book published by Whitman for info on coins.

WELCOME TO THE FORUM.
As a new cent (penny) collector here is some suggestions. First don't waste to much time with rolled coins. For cents try a bank for a $50 bag and go through that. The coins in rolls are usually there because someone already checked out all the coins and then rolled them.
Also, if there are any flea markets in your area try them. There is one by me where a guy has been selling coins for years and very badly underpriced. Don't know where he gets them but he just dumps everything in a bin and lets people dig for whatever may be there.
Mention to friends, neibors and relatives you are starting that collection and ask if they have any of them.
If you have any coin shows in your area, try to attend them.
If there are any yard/garage/estate sales in your area go to them and ask if they have any old coins. You have to ask, they will not usually put coins out.
What you doing is exactly what I started out doing. First just fill the slots. Nice feeling when an album begins to fill. If you stick to just expensive coins you may well be hundreds of years old before it's complete. As you find higher grades just switch with the ones in your album. Then start another album with the rejects. I presently have 10 completed sets and set one is almost all MS now. Set 10 is really still poor but still a lot of fun.
Valued Member
fasteddie's Avatar
United States
96 Posts
 Posted 04/21/2008  05:37 am  Show Profile   Bookmark this reply Add fasteddie to your friends list Get a Link to this Reply
"the greysheet" is my BIBLE...a MUST for any collector that is serious about getting value...and then of course grading skills are a must as well..these two go hand in hand.

Did find an excellent buy ( you can once in a while a ebay). Found a gem collection 34-55 with a 26 P 29 PDS and 30 PDS all gem. The coins were in a Whitman folder (the manufacture date on the folder was 1955 and was the OLD kind of folder that had a plastic sheet to encase and protect each page) That's why the collection ended at 1955. This was a collector (not a dealer) who told me (in email) he paid 8.50 for the collection in 1956 and has had it ever since. Turned out to be true as these were all gem red's MS63 and up. Paid a whopping $265 but it now. It was on the auction block for 20 minutes had 6 days 23 hours and 40 minutes left.

So it's like searching rolls, hit and miss. I stay away from sellers with huge feedback numbers like 3000 and up. I like to buy from newbies, BUT have also gotten crap from newbies as well.

Like I said it's like searching rolls..

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