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Complete Penny Collection

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New Member

United States
1 Posts
 Posted 04/19/2006  12:25 am Show Profile   Bookmark this topic Add newspaperjunkie to your friends list Get a Link to this Message Number of Subscribers
How much would you guys say a complete Lincoln Penny collection from 1909 to 2006 was worth including all key dates and mints, assuming the pennies are on average F-VF condition and the s vdb was ungraded auc? I was approached by a lady who had this collection. What is a fair price to give her for it and how much would it be worth? Please help me out on this one...... Thanks for your help

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Edited by lim118
04/19/2006 01:17 am
Pillar of the Community
United States
772 Posts
 Posted 04/19/2006  08:27 am  Show Profile   Bookmark this reply Add jdheyne to your friends list Get a Link to this Reply
All in Very Fine.. $I would say roughly $1300-$1500,
All in Fine, roughly $1000-$1200
If the 09 S VDB is a good piece.
That is not including the 1922 Plain, 55 Double Die

Retail pricing on this would probably be higher.

I'm not sure how into this you are, or how easy it would be for you to tell if the 09 S VDB is real or not. Fakes have been going around for a long time...


Now how much would be a good price, that is all up to you and how much you want to spend. If all were FINE, I would probably try to get into it around $8-900. A little more in VF.

Jordan
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scoutjim99's Avatar
United States
4589 Posts
 Posted 04/19/2006  3:15 pm  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
I would agree with jdheyne, give or take a few dollars.
Pillar of the Community
Metalman's Avatar
United States
7123 Posts
 Posted 04/19/2006  3:36 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Hi newspaperjunkie


The value of the Lincoln collection lay almost solely in the Keys and semi keys of the series.

The value can and does vary a great deal ,, If you intend to buy this set,, it is a must to have the 09-S VDB and the 09-S authenticated,,

I would go a step farther and also have the 31-S and if present the 22 no D .and 55 Double die .

The coins from 1959 through present,, unless extremely high grade add very little to this collection.

The keys are worth about 900.00 ,, with the rest of the collection(with out the varieties) no more than 1100.00 in the grades mentioned.

This value can change in a big way with a point or 2 up.

Rick

Edited by Metalman
04/19/2006 3:40 pm
New Member
United States
5 Posts
 Posted 04/19/2006  9:36 pm  Show Profile   Bookmark this reply Add Prog Snob to your friends list Get a Link to this Reply
Forgive my ignorance, but can someone tell me what makes the 09-S VDB a rare item?
Pillar of the Community
United States
772 Posts
 Posted 04/19/2006  10:13 pm  Show Profile   Bookmark this reply Add jdheyne to your friends list Get a Link to this Reply
After a "short" production, the VDB was pulled off the 1909 Cents.
Looking at the numbers, there are a lot of 09 S VDBs minted... but with being probably the most popular set to collect, it normally carries a high value.
New Member
United States
5 Posts
 Posted 04/19/2006  11:07 pm  Show Profile   Bookmark this reply Add Prog Snob to your friends list Get a Link to this Reply
quote:
Originally posted by jdheyne

After a "short" production, the VDB was pulled off the 1909 Cents.
Looking at the numbers, there are a lot of 09 S VDBs minted... but with being probably the most popular set to collect, it normally carries a high value.



I was reading that there are fakes out there. How would one tell the difference between a fake and an original?
Pillar of the Community
United States
772 Posts
 Posted 04/20/2006  11:48 am  Show Profile   Bookmark this reply Add jdheyne to your friends list Get a Link to this Reply
"There are fakes out there" is an understatment.
There are many, many fakes out there.
If buying on ebay, be very careful. Someone showed me their 09 S VDB they got off ebay... I had to let them know it was not a good piece. The decription was something like "Here it is. I don't know anything about it. No returns."
Well it was definately a bad piece.

There is another thread that you can view that shows, in my opinion, the easiest way to tell a good 09 S VDB from a bad. https://goccf.com/t/4933

Scroll down a little ways and you should see a little illustration.

There is also a very good book that was brought up a cuople times in the post. PCGS Guide to grading and Counterfeit Detection... very important it is the FIRST Edition, not the 2nd.

Hope this helps.
Bedrock of the Community
biokemist6's Avatar
United States
12437 Posts
 Posted 04/20/2006  1:33 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
quote:
Originally posted by jdheyne


There is also a very good book that was brought up a cuople times in the post. PCGS Guide to grading and Counterfeit Detection... very important it is the FIRST Edition, not the 2nd.

Hope this helps.



What is the difference between the first and second editions?
Pillar of the Community
United States
772 Posts
 Posted 04/20/2006  4:18 pm  Show Profile   Bookmark this reply Add jdheyne to your friends list Get a Link to this Reply
Huge, as far as the Counterfeit Detection goes.
The first edition goes in-depth with pictures on how to spot bad key dates (1877, 1909 S Indian; 09S VDB Lincoln, 1916 D Mercury, 28 Peace... (and more, but those are the only coins I have dealt with so far so those are what I have used this great book for)

I bought the second edition thinking it would be better than the first, but I was wrong. A few weeks later I ended up buying the First Edition. Anyone want the second edition, used maybe once? Let me know!
Valued Member
CarlTromp's Avatar
Netherlands
309 Posts
 Posted 04/20/2006  4:44 pm  Show Profile   Bookmark this reply Add CarlTromp to your friends list Get a Link to this Reply
jdheyne,

i am always interrested in catalog's and numismatic related books, if you want to get rid of that one, let me know, if you'r interrested, I could get you a dutch catalog, I have several doubles in stock, as well new once I have double, from the first "zonnebloem" till the NVMH (dutch assosiation of coin dealers) catalog.

Greetings, Carl
New Member
United States
5 Posts
 Posted 04/20/2006  6:35 pm  Show Profile   Bookmark this reply Add Prog Snob to your friends list Get a Link to this Reply
quote:
Originally posted by jdheyne

"There are fakes out there" is an understatment.
There are many, many fakes out there.
If buying on ebay, be very careful. Someone showed me their 09 S VDB they got off ebay... I had to let them know it was not a good piece. The decription was something like "Here it is. I don't know anything about it. No returns."
Well it was definately a bad piece.

There is another thread that you can view that shows, in my opinion, the easiest way to tell a good 09 S VDB from a bad. https://goccf.com/t/4933

Scroll down a little ways and you should see a little illustration.

There is also a very good book that was brought up a cuople times in the post. PCGS Guide to grading and Counterfeit Detection... very important it is the FIRST Edition, not the 2nd.

Hope this helps.



Yes it does greatly. I'll add that book to my list.
Valued Member
Heather the Hoarder's Avatar
United States
123 Posts
 Posted 04/20/2006  10:42 pm  Show Profile   Bookmark this reply Add Heather the Hoarder to your friends list Get a Link to this Reply
Another one to watch out for is the 1914D; there have been many fakes of that one going around for years. I would definitely make sure that one has been authenticated before purchasing it. When I purchased mine, the 1914D and the 1909S-VDB had been properly authenticated, especially important since mine are in the VF/XF range.

Heather
Pillar of the Community
United States
772 Posts
 Posted 04/21/2006  09:36 am  Show Profile   Bookmark this reply Add jdheyne to your friends list Get a Link to this Reply
Although this is a very rought website, I went ahead and threw something together to hopefully help some people out.

http://www.bright.net/~isaac/index_.../Page813.htm

Like I said, pretty rough, but it should do what it needs to do for now. I know someone who has a couple fakes, so I plan to get ahold of those coins and get pictures to compare. I will also get pictures of the 1909 Plain VDB to compare as well, but that will come later.
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