Lincoln Cents And Their Future - Coin Community Forum

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Author	Replies: 9 / Views: 2,358
mycrookedd Valued Member United States 59 Posts	Posted 10/28/2017 6:38 pm Recently just about April 2017 I started Coin Roll Hunting for Lincoln Cents. I've found a lot of cool coins a few wheat. After That I attended my first coin show in August. There I got a few fillers. Also around that time I learned Canada stopped making their penny in 2012. Just recently my 2nd coin show PAN 2017. I am not a silver or gold guy just a copper guy. I seen so many pennies I wanted to buy them all. However just left with only a single $1.50 1973s proof. No good coin grader myself but it wasn't a PCGS or NGC graded. Just a self graded 2x2 flip. Either way here's the question for Numismatics or Bullion Collector. Remembering I just started collecting having very little skill. Google didn't have an answer for future coin prices but I could research harder. Since the elimination of the Canadian Penny in 2012. Has the Numismatics value of the Canadian Penny dropped? If it has dropped we can expect a drop in the Lincoln Cent. Should this expected drop keep coin collectors away from the penny? Report this Post to the Staff

Coinfrog Bedrock of the Community United States 94367 Posts	Posted 10/28/2017 7:09 pm to the CCF! Report this Post to the Staff
moxking Rest in Peace United States 17900 Posts	Posted 10/28/2017 7:57 pm There is usually a lot of non-collectors who hoard coins that they think might have future value. That's why certain coins are so common. The 1976 bicentennial coins are a good example. Report this Post to the Staff
oriole Pillar of the Community Canada 5239 Posts	Posted 10/28/2017 8:36 pm I haven't noticed any change to the values of the Canadian 1 cent, but as that is not my main area, others should give their opinion too. I would say that there is no chance of them rising due to scarcity. There will be thousands hoarded by a million different people. I have 1000s. I would be tempted to sell them if I could get 2 cents each. Edited by oriole 10/28/2017 8:37 pm Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 10/28/2017 10:43 pm Nothing is for sure with coin prices but I'm really having a problem getting late date Canadian Cents lately. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 10/29/2017 03:49 am I would not expect numismatic values to drop just because a coin is discontinued. (see Two Cent, Three Cent, Twenty Cent Pieces. and all the gold pieces) If there are X number of collectors for Lincolns before they are discontinued there will probably be X number of collectors after they are discontinued. In fact numismatic value may rise at least briefly as more people try to put sets together before they disappear. That happened back in the late 1850's when the large cents were discontinued, people started trying to put a set together while they could. Edited by Conder101 10/29/2017 03:49 am Report this Post to the Staff
T-BOP Rest in Peace United States 18456 Posts	Posted 10/29/2017 10:21 am To CCF , If and when we eliminate the Lincoln Cent it will become even more collectible . Their will be plenty still out there for everyone to collect . Besides my theory is if they stop production of the business strike cent they will continue with proofs, only for collectors in 95% copper . Report this Post to the Staff
jbuck Moderator United States 188213 Posts	Posted 10/30/2017 11:31 am Quote: In fact numismatic value may rise at least briefly as more people try to put sets together before they disappear. That happened back in the late 1850's when the large cents were discontinued, people started trying to put a set together while they could. Good point. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Dorado Bedrock of the Community Canada 24885 Posts	Posted 10/30/2017 1:22 pm To the Forum. Report this Post to the Staff
Dookie Valued Member 76 Posts	Posted 10/31/2017 10:18 pm finding priceing is hard finding error coin is fare after 2 year of sarching look for error price haveing error in my hand not they was not yet dicoverd like the 1982d Wheat penny small date 3.1 had it but dent no spent 4.000 on getting coin graded books loops supplie that why I turn to this lovely sit so what I do is find wwhat collecter no in post what they dont no my point find what have a price Report this Post to the Staff
	Replies: 9 / Views: 2,358

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