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 Replies: 15 / Views: 1,116 |
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Pillar of the Community
United States
1121 Posts |
My Licoln's are my babies  And I am down to the keys. My collection is unc thru moderns (2008-1934) with unc common date early cents. My question is: Should I buy what keys I can afford right now and updrade later or hold off until I am have a budget willing to support the grades I desire? Thanks all! |
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Pillar of the Community
United States
1116 Posts |
i still have a little ways to go before I get to just the keys but I am building a set from f-xf and I have chosen to hold off on some of the keys until I can afford at least fine grades so thats what I did.
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Pillar of the Community
 United States
1121 Posts |
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Pillar of the Community
United States
3184 Posts |
if you have the money at the moment to buy certain key dates and can find a good deal, jump on it. Keys dates may continue to rise in value. One key lincoln I want to buy sometime is the 1955 double die. Thats my holy grail, I just need to save up enough to get it while I have the chance.
Best deal is probably to buy it from another collector, they usually sell near greysheet, coin stores will charge you above greysheet.
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Pillar of the Community
United States
4541 Posts |
Quote:
One key lincoln I want to buy sometime is the 1955 double die My grandfather had a chance in the 60s to buy a 1955 double die for 80 or 85 bucks... and a 1942/1 Mercury dime for the same price... He picked the dime... lol I know he didnt know back then but he would have been better off with the wheat than the dime but who would have ever known |
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Bedrock of the Community
United States
10982 Posts |
With the MS Live Cashback, now is a good time to buy. I was able to pick up a VF 1914-D slabbed by PCGS for under $400 last month.
I agree with scott3270, try to buy in Fine and above on whatever you get.
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Pillar of the Community
United States
1083 Posts |
I am down to the 1914-D and the 1909-S VDB, I have all the rest of the wheat cents (the 1955 double die is not in my Dansco). I am definitely planning when the time is right to spend the extra money for slabbed examples of these two in F-12 or better condition due to the cost and problems with counterfeits. I love the Lincoln set. It is nostalgic for a baby boomer like me, spans a whole century, and has so many interesting mint changes. Most of us started collecting with these small coins.
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Bedrock of the Community
United States
19931 Posts |
Buy keys as soon as you can, period. They keep escalating in value. If you decide you want a higher grade, you can always sell your lower grade coin and apply the cash to the new one. The longer you wait, the more you pay.
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Pillar of the Community
United States
1121 Posts |
Thanks all..as always I like to bounce ideas off you guys at CCF and I have found in the past that if more than a few of you agree on one certain idea, then it's prob the best action to take. Again Great Thanks To CCF and its Members!
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Moderator
 United States
16677 Posts |
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Buy keys as soon as you can, period. They keep escalating in value  . I have watched these trends escalate as well. My advice is look for the keys, get them first, then get the rest. But, buy quality coins ie. the best looking and grade you can afford. I'd stay away from problem coins (bent,corroded,holed,scratched,cleaned) as these will always have a more negative price trend come time to sell. Good luck in your quest! swcoin.ecrater.com
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Bedrock of the Community
United States
14454 Posts |
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My grandfather had a chance in the 60s to buy a 1955 double die for 80 or 85 bucks my grandfather cut his out of a package of smokes he got when he owned a service station |
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Pillar of the Community
United States
4541 Posts |
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Valued Member
United States
122 Posts |
I hate to admit that I remember those days but, in my teenage years, you'd insert a quarter in the cigarette machine slot and pull the handle. You'd then receive a pack of smokes with three shiny new pennies inside the cellophane to account for the price (22 cents). I think I quit smoking when the price went up to 25 cents. Nasty habit!
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Pillar of the Community
United States
1179 Posts |
Good advice BadThad, now can you please convince my wife of this :)
If you buy nice certified examples of a key date and you spend the correct amount on it, you will never really lose money. Think of it as a savings plan if you ever need to sell. The only problem is that I would never sell :)
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Pillar of the Community
United States
1121 Posts |
 It would be a pretty tough sell to your wife that it was a investment if you were never going to sell them.  They would be hard to part with. |
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Bedrock of the Community
United States
10982 Posts |
Don't forget the semi-keys. There are some good deals to be had if you look for them. I was able to pick up this '13-S for $17 delivered. That's at Greysheet! http://cgi.ebay.com/ws/eBayISAPI.dl...380082606835Granted the pics aren't good but it arrived yesterday and is very nice. I couldn't see going wrong for $17 and I'm glad to have it! |
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Replies: 15 / Views: 1,116 |
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Posted 11/30/2008 01:17 am
