Question About Lincoln Memorial Set On Ebay

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Author	Replies: 19 / Views: 3,597	Page: of 2
drewmc1 Valued Member United States 55 Posts	Posted 02/13/2010 11:44 pm Lincoln Memorial cent Set 1959-2009 Complete Choice BU ! I saw this on ebay. I am looking for some opinions on whether this might be a good buy or not. I realize I may be slightly overpaying for this, but for just under $26 when factoring in shipping, that doesn't bother me at all. I'm looking to complete the Lincoln Memorial set as quickly as possible. I have most of the proof only coins in proof sets. The link and description to ebay follows: http://cgi.ebay.com/Lincoln-Memoria...BU_W0QQitemZ 310199218834QQcmdZViewItemQQptZCoins_US_Individual?hash=item4839507292 Lincoln Memorial cent Set 1959-2009 Complete Choice BU ! Lincoln Cents are hot! The 2009 reverse that commemorates the 200th anniversary of Abraham Lincoln's birth is the first design change since 1959, and prices have really increased for nice sets. Here is a complete set of Lincoln Memorial Cents, from 1959 through 2009 (112 coins total). All regular issue P, D, and S coins are included, but no varieties or proofs. All coins are in brilliant uncirculated (mint state) condition. We hand select each coin from BU rolls, and in many cases from original bank-wrapped rolls. All coins are unsearched by us for errors. The following coins are included: 1959-P, 1959-D, 1960-P LD, 1960-D, 1961-P, 1961-D, 1962-P, 1962-D, 1963-P, 1963-D, 1964-P, 1964-D, 1965, 1966, 1967, 1968-P, 1968-D, 1968-S, 1969-P, 1969-D, 1969-S, 1970-P, 1970-D, 1970-S, 1971-P, 1971-D, 1971-S, 1972-P, 1972-D, 1972-S, 1973-P, 1973-D, 1973-S, 1974-P, 1974-D, 1974-S, 1975-P, 1975-D, 1976-P, 1976-D, 1977-P, 1977-D, 1978-P, 1978-D, 1979-P, 1979-D, 1980-P, 1980-D, 1981-P, 1981-D, 1982-P CLD, 1982-D CLD, 1983-P, 1983-D, 1984-P, 1984-D, 1985-P, 1985-D, 1986-P, 1986-D, 1987-P, 1987-D, 1988-P, 1988-D, 1989-P, 1989-D, 1990-P, 1990-D, 1991-P, 1991-D, 1992-P, 1992-D, 1993-P, 1993-D, 1994-P, 1994-D, 1995-P, 1995-D, 1996-P, 1996-D, 1997-P, 1997-D, 1998-P, 1998-D, 1999-P, 1999-D, 2000-P, 2000-D, 2001-P, 2001-D, 2002-P, 2002-D, 2003-P, 2003-D, 2004-P, 2004-D, 2005-P, 2005-D, 2006-P, 2006-D, 2007-P, 2007-D, 2008-P, 2008-D, 2009-P (Birthplace), 2009-D (Birthplace), 2009-P (Formative Years), 2009-D (Formative Years), 2009-P (Professional), 2009-D (Professional), 2009-P (Presidency), 2009-D (Presidency). Your set will be shipped well protected in plastic tubes. Money back guarantee if not completely satisfied! NY residents please add 8% sales tax. Report this Post to the Staff

drewmc1 Valued Member United States 55 Posts	Posted 02/13/2010 11:51 pm I should also add that I wish to have the coins in BU+ condition, which is why I am considering this set. Report this Post to the Staff
cladking Pillar of the Community United States 2270 Posts	Posted 02/13/2010 11:55 pm These sets are cheap and this one is about as cheap as you can find. Note it's missing most of the '82 issues though and this makes about a $2 difference. The quality of this kind of set is usually not really bad until you start upgrading it. You'll find all the tough dates are bad and even the easy dates are just typical so you'll upgrade every coin in short order. If you just want a BU run then this is a good bet but you'll have a lot of spotted and unattractive coins. Time don't fly, it bounds and leaps. Report this Post to the Staff
drewmc1 Valued Member United States 55 Posts	Posted 02/14/2010 12:01 am Thanks for the info. I was hoping to not have the spotted and unattractive coins. Any other suggestions for how to obtain a nice looking set like this for little money? Report this Post to the Staff
scotty11 Pillar of the Community United States 1042 Posts	Posted 02/14/2010 12:16 am my 2 cents? 112 coins = $1.12 + (a little time) if you roll-searched for them. Most of these coins can, and are, found every day in circulation. It's just my opinion, but I'd rather spend $25 on a bank box and search for the coins myself. You'd be surprised at what you can find. Report this Post to the Staff
ceaton Pillar of the Community United States 1179 Posts	Posted 02/14/2010 09:03 am That set will be BU, but nothing spectacular. There will be spots, hits etc....to find the real gems you really need to take the time. Some gems can be found roll searching, others at shows. Report this Post to the Staff
USArmyParatrooper Pillar of the Community United States 1283 Posts	Posted 02/14/2010 11:06 am One major concern of mine is that I'm doubtful about the quality of the coins. It takes quite a bit of time to sort though "BU" Memorials to find exaples without spots, smudges or other blemishes. EDIT: Ceaton, I didn't even see you had posted the exact same things. As they say, " great minds...." Edited by USArmyParatrooper 02/14/2010 11:11 am Report this Post to the Staff
cladking Pillar of the Community United States 2270 Posts	Posted 02/14/2010 12:48 pm If you're in a hurry you could buy the mint sets but these are will add up to several hundred dollars and some mint set coins tend to be bad as well. Indeed 100% of '68-P cents in the mint sets have carbon spots and 95% are ugly. There is one way but I hesitate to mention it. There are companies that assemble nice choice sets from rolls and mint sets. They charge a lot for this service and I wouldn't garauntee their work. Figure about $150 for such a set. There won't be many gems and a few of the coins will need upgrading but the coins will generally be a nice attractive choice unc. What a collector really needs for this set is a little time. There is one other way. If you have any big coin shows around you can be pretty sure to be able to put together a set here. Lots of dealers now days will keep a book full of memorials for 50c or a dollar. You could probably put together a fairly nice choice set for under $75 and should get a few gems. Don't be too picky on the tough dates at first since you might not find a better one. Time don't fly, it bounds and leaps. Edited by cladking 02/14/2010 12:50 pm Report this Post to the Staff
ceaton Pillar of the Community United States 1179 Posts	Posted 02/14/2010 12:56 pm I tend to buy bank wrapped rolls and search through them for gems with no hits/spots on them. That would get expensive though going back into the 80's etc. But for the newer, it works great. Report this Post to the Staff
BadThad Bedrock of the Community United States 19930 Posts	Posted 02/14/2010 1:14 pm You should find one that has all of the 1982 types. It's worth paying a few extra bucks. As everyone else said, there's nothing wrong with buying a set like this. Unfortunately, you will find most of the coins to be MS-63 and lower. Putting together a high-quality set of Memorials is more difficult than folks imagine. I've worked my butt off on my set and it's far from done. If you buy one of those, consider it just the beginning if you're serious. Lincoln Cent Lover! VERDI-CARE™ INVENTOR https://verdi.care/ Report this Post to the Staff
drewmc1 Valued Member United States 55 Posts	Posted 02/14/2010 1:44 pm Thanks for all the opinions. I never really got into the Lincoln Memorials but thought I might start a set up. I wanted to get a good jump on it, but looks like I will do it slow and steady to make a quality set. Of course, my main focus will be on my 7070 that I'm about to start. I still need to buy the album, but I have some coins to start it. Report this Post to the Staff
Neffchiro Valued Member United States 55 Posts	Posted 02/14/2010 4:30 pm You'll be missing the small dates (60, 60-D, 70-S). While the 60's aren't too expensive, expect to pay more than the whole set for the 70-S. Report this Post to the Staff
steve199 Pillar of the Community United States 1882 Posts	Posted 02/15/2010 12:17 pm Quote: I've worked my butt off on my set and it's far from done. If you buy one of those, consider it just the beginning if you're serious. No joke...I haven't put in nearly the work you have, but it has been some effort. Searched a few boxes of cents, and spent plenty of time looking through dealers' inventory, and have had to make some compromises to fill holes with BU coins. Upgrading those will take some time. It certainly is not searching a $25 box (or even 3 or 4) to build a good set. Report this Post to the Staff
TheForce Pillar of the Community United States 4867 Posts	Posted 02/15/2010 12:49 pm I bought a similar set and I was very pleased with the quality of coins I received. Report this Post to the Staff
KenKat Pillar of the Community United States 4085 Posts	Posted 02/15/2010 2:41 pm I think it all comes down to your goals for the set. Do you want a true, high grade set or do you want something to work on in conjunction with your 7070? I built my Lincoln Memorial set from rolls and upgraded selectively, and I purchased a 1909-1940 and 1941-58 set on ebay and continue to upgrade as bargains, etc., come along. I wanted to get a jump start on a set and buying a set did the trick for me. I don't think this is a bad strategy if you are looking to put together an attractive set. You've got to look closely at each coin to see the differences between MS-63 and MS-65. They are there, but MS-63 coins look pretty nice too. Just my opinion at least - but then I am a part time Lincoln collector who puts most of my money into my 7070. Best regards, Ken My 7070 US Type Set My 7100 Lincoln Cent Set (now with updates!) Report this Post to the Staff
cladking Pillar of the Community United States 2270 Posts	Posted 02/15/2010 6:38 pm Quote: I think it all comes down to your goals for the set. Do you want a true, high grade set or do you want something to work on in conjunction with your 7070? I built my Lincoln Memorial set from rolls and upgraded selectively, and I purchased a 1909-1940 and 1941-58 set on ebay and continue to upgrade as bargains, etc., come along. I wanted to get a jump start on a set and buying a set did the trick for me. I don't think this is a bad strategy if you are looking to put together an attractive set. You've got to look closely at each coin to see the differences between MS-63 and MS-65. They are there, but MS-63 coins look pretty nice too. Just my opinion at least - but then I am a part time Lincoln collector who puts most of my money into my 7070. I agree that you don't need to spend much money to have a nice attractive set of memorials. Thyese just make nice attractive sets and none of the dates commands a large premium in MS-63. It does seem most people will need a lot of work or time to make such a set since so many of the coins are unattractive in any given roll or mint set. Personally I think the sweet point in collecting these is where your net expenditure is a couple hundred dollars. For me this is the best trade off between difficulty in completion and cost; the best tradeoff between the fun of completion and the work of doiing it. The gems are great for some people who have the money or time and a $26 set is great for others. A set from circulation can be very rewarding and will have some very beautiful coins in it. I've always said there's no wrong way to collect if you're having fun. Personally I do have a very high grade set and a PL set. I also would like to have a roll set of gems but I'm far short of this goal. Time don't fly, it bounds and leaps. Report this Post to the Staff
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