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 Replies: 14 / Views: 1,053 |
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Pillar of the Community
United States
2365 Posts |
For all of you U.S. Cent (penny) fans...I have a question. If someone were to put together a complete set of all of the Lincoln Cents with each year filling a plastic tube (50 coins each)...grades...About good to MS condition with mixed Mints... what would you suppose something like this would be worth on the coin market?  Edited by dsking
07/22/2006 10:06 am
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Member
United States
1154 Posts |
Im sure that would definatly bring in a pretty penny.
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Pillar of the Community
United States
1203 Posts |
The title of your thread is a little misleading, as there could not possibly be a 100 year set of Lincoln cents. They have only been in existance for 97 years, or three shy of your 100. quote:
Originally posted by dsking
If someone were to put together a complete set of all of the Lincoln Cents
This would consist of a total of 302 coins, if you consider all the variations that have been discovered to exist. quote:
Originally posted by dsking
with each year filling a plastic tube (50 coins each)...grades...About good to MS condition with mixed Mints...
Like I said, there have been 97 years of coins, so you would have 97 tubes of cents. These would be of all three mints as that is where they were minted. Now if you'r asking how many tubes would it take to hold a complete set, the answer is 6 tubes with 2 coins left over. quote:
Originally posted by dsking
what would you suppose something like this would be worth on the coin market?
It would depend on the condition and specific coin which could be in the range of from sever thousand dollars for just one coin to a few dollars for another. The fact that it is a complete set would bring some value to the set if sold as a complete set and not just individual coins. I hope I understood your question, and that some of this helped.  |
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Valued Member
United States
236 Posts |
Now there is a good bit of Math involved here- So you see where this hobby can lead to.. There is just no end to what you can get going with this hobby. --Just looove it-- Dewey
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Pillar of the Community
 United States
2365 Posts |
OK guys, now I know that there are only 97 years so far of Mr. Lincoln! So yes, my title is misleading. OK, here are the facts. I'm filling 97 tubes with 50 Lincolns for each year minted. I will probably have 2, maybe 3 boxes of these when/if I ever get finished. There are some years that I probably will not have a full 50 - such as 1922 for example. I'm briefly looking at each coin as I insert them into the tubes. So......just for ease...let's call these all circulated, unresearched (sort of). Any wild guesses now of what "value" could be ascertained to the SET? I could look up each and every coin but, I'm not sure there are enough years of my life left to do that! ;-0 Maybe this question can't be answered or maybe I'm wasting my time putting them all in the tubes. I do know this - all of these pennies are extremely heavy and cumbersome. Thanks for your thoughts!
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Valued Member
United States
439 Posts |
Well, the question could be answered but it depends on so much it can't really be answered without knowing more. I'm thinking that there are two big questions for you, what condition the coins are in and how many of each mint mark you have in your rolls.
If you have a roll of early Lincolns that are mostly AG coins from the Philly mint it probably isn't going to be worth a whole lot, depending on the date obviously, but if you throw in a couple of AU coins the value jumps up. If you only have a couple from the San Fransisco mint it isn't going to be worth as much as it would if the roll were half Philly and half S.F. If your rolls have a good mix of mint marks that run the gamut from AU to MS it would be quite a job to figure out any value.
You've got a big job ahead of you but if you can pull it off it would be quite an acomplishment. Good luck with it.
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Pillar of the Community
United States
2365 Posts |
I just took a quick (and I do mean quick) look at what I've gotten filled so far (about 3/4 of the box). I looked at the 1939's. I had several S, 3 D's and the rest were plain. If I did simple math and graded them all at Good and plain it worked out to a little over a buck a tube. When I graded and priced it was over $8 a tube. I think I'll just fill the tubes and itemize each coin. That's how it's suppose to be done for accuracy anyway. Oh well, it's fun!
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Pillar of the Community
United States
1703 Posts |
Hey Deb, Seeing pennies in your sleep yet?  |
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Pillar of the Community
United States
2365 Posts |
I hadn't planned on being a penny collector, although they were my Mom's passion for 70 years or so (obviously). Her coin collection means a great deal to me but, the overabundance of them is ridiculous at this point. I probably won't part with them until after 2009 and the decision of whether the U.S. will keep the penny or not. I'll probably just fill as many tubes as possible and then decide. In the meantime, I'm going to be lugging them all back to Colorado in the next few months! She lugged them back and forth from the Midwest to Arizona for years......so will I!
Yes, I'm seeing pennies in my sleep!!! I like to take a day off here and there to pursue my other coins too!
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Pillar of the Community
United States
7123 Posts |
Hi Debbie
The best way to do this with the cents is to search out the Key dates,, these coins need to be sold as such Key dates individually or at least valued as such in your collection.
The common date coins generally 40 50's in circulated condition sell for about 2 1/2 cents wholesale if you went to 3 cents that is about 1.50 per roll, or any where from 2 to 2.50 retail per roll.
Lincolns from 1930 back are a little more expensive even in circulated condition and can bring 4 to 6 dollars per roll.
BU coins of any date will also of course bring more but mixed rolls of cents G to AU perhaps with a couple of BU coins are going to be seen as circulated by most serious buyers and that will determine value.
If you need help Let me know !! Nothing I like better than days of lincoln cents !!
Rick
Edited by Metalman
07/22/2006 12:38 pm
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Pillar of the Community
United States
2365 Posts |
Rick...I knew this would catch your attention. I'm swimming in these! I thought that this would be a good idea to sort them but, oh my stars, Mom kept soooooooooo many of them. She had them in paper rolls and had labeled them but, when I opened up the rolls she had most of them mixed. She did seperate the 1960's and 82's (I know that you know why) but, the rest were little packages of surprises. I'll even have a roll or 2 of 09 VDB's. She must not have saved many of the 22's or I just haven't found them yet! I've opened each roll, put them in coffee cans and am dropping them one by one into the tubes. I'm about 3/4's finished with the first 97 tubes and still have cans upon cans left. Never thought that I would "sleep" with Lincoln, but he's sure on my mind. Did you know that Lincoln had been exhumed 17 times until they finally encased him in concrete/marble in Oak Ridge Cemetery in Springfield, IL? Just a little history for those that don't know or maybe it's more than most would like to know. http://members.aol.com/RVSNorton/Lincoln13.html |
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Pillar of the Community
United States
7123 Posts |
Rolls of 09 VDB's how cool is that !! even in circulated these could pay for you to send all the rest to me !! Debbie I'm not sure how complete your seach is or how much time you wish to spend, but each coin should be searched for variety also ! some of the OMM's and DDR's, DDO's can bring some pretty good premiums even in circulated condition !! If you have a Cherry Pickers Guide or a breens guide, each year and mint should be checked for the error ,variety that maybe found within them. once familiar with the characteristics of the coins ,, it does not take that long to check each coin. but could make the time more than worth it by finding a few of these ! Rick |
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Valued Member
United States
439 Posts |
quote:
Originally posted by dsking
I just took a quick (and I do mean quick) look at what I've gotten filled so far (about 3/4 of the box). I looked at the 1939's. I had several S, 3 D's and the rest were plain. If I did simple math and graded them all at Good and plain it worked out to a little over a buck a tube. When I graded and priced it was over $8 a tube. I think I'll just fill the tubes and itemize each coin. That's how it's suppose to be done for accuracy anyway. Oh well, it's fun!
Oh wow, you mean you've already got these? That would be so cool.I thought it was something you were working towards. I would imagine it would be fun. I'm still working on my first set and having plenty of fun with that. |
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Valued Member
United States
123 Posts |
I have hoarded about 21,000 Lincoln cents, in the 1909-1958 range. I don't save quantities of Lincoln Memorial cents. I have more than 50 of almost every year; looking at my records, the only ones I haven't reached 50 on are 1915 (43), 1921 (44), 1922 (8), 1931 (29), 1932 (35), 1933 (25), and 1943 (12). I'm surprised I don't have more 1943s; I guess I have never gotten around to buying rolls of them. The year I have the most of is 1939 - a grand total of 1,794. It looks like if I wanted to have at least 50 of each year, I don't have far to go. The only one of these that would be a bit costly is 1922, but if I got lower-grade examples, and of course if I bought all coins with strong D's, I'm sure I could quickly accumulate them.
Obtaining rolls of coins from 1959 to present would not be costly; even BU rolls should be reasonably priced.
I don't think I will be working towards this any time soon; I have spent my money on other priorities lately. My latest hoard is opera DVDs; I have bought almost 40 in the last two months or so.
Now if I wanted 50 of each date, mint, and major variety, then it would get costly. Imagine having 50 1909S-VDB's!
Heather
Edited by Heather the Hoarder
07/23/2006 11:39 am
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Pillar of the Community
United States
2365 Posts |
I haven't counted mine but, although I have cans and cans of them, I don't think I'm close to your 21,000, maybe 15,000 or so. I have cans of the 1943's. (Dad picked up those). I too am a little slim on the 1922's. I have plenty of the 1909 and 09VDB but, Mom had her 09S VDB stolen many years ago! I keep hoping that she just misplaced it in one of these rolls. Sounds like you (Heather) and I have the same pots of copper!!!!!! Enjoy!
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Replies: 14 / Views: 1,053 |
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Posted 07/22/2006 12:35 am
