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What do you think is the better investment coin, 1877 IHC or 1909-S VDB LWC?

rokkyrokky Posts: 308 ✭✭✭✭

Just looking for opinions. I’m close to purchasing one or the other right now. It will be a certified coin from a respected dealer/seller.

Comments

  • ifthevamzarockinifthevamzarockin Posts: 8,902 ✭✭✭✭✭

    The grade of the coin and the amount you are willing to invest are key variables with your question.

    Simple answer with the information provided would be the 09 svdb.

  • OldhoopsterOldhoopster Posts: 2,930 ✭✭✭✭✭
    edited July 6, 2022 9:21AM

    What grade? What condition? CAC? Color? Grading service? Eye appeal?

    Too many variables. Forget the investment stuff. You'll be lucky if you break even on most average collector coins. Buy the coin because a) you like it, b) you want it to fill a set, and/or c) it's cool and I want it (most of my purchases :) )

    If you're interested in filling your sets, then buying the keys is a good idea. I would decide which set is more appealing to me, Indians or Lincolns, and then make the decision assuming everything else is close

    BTW: if most of us were good at investing, we would probably be lying on a beach right now drinkIng rum drinks with tiny umbrellas and not hanging out on some internet chat board :s

    Member of the ANA since 1982
  • lkeneficlkenefic Posts: 8,169 ✭✭✭✭✭
    edited July 6, 2022 9:37AM

    As others have already said... condition, surfaces, color, and overall eye appeal are going to figure in. Just an observation... the 09-S VDB is not a rare coin but very liquid due to the collector base for Lincoln Cents... whereas the 1877 IHC is much more rare but a bit less liquid... fewer people chasing those sets as compared to Lincoln Cents...

    Edited to add... BTW, coins are usually a crappy "investment"... 401k for the long haul...

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

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  • jesbrokenjesbroken Posts: 10,133 ✭✭✭✭✭

    Comparing like 63 grades:
    1) the 77 is worth more than double the 09SVDB
    2) the 09SVDB has more than tripled in value in the last 22 years, while the 77 has little more than doubled in the same time period.
    Hard to make a decision on a single coin when value is so much different, plus the past performance is only an indicator of value performance and not a guarantee.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • OAKSTAROAKSTAR Posts: 7,744 ✭✭✭✭✭
    edited July 6, 2022 1:27PM

    with the others. Unless you're a professional coin dealer, I would never but the words investment and coins in the same sentence.

    If I had to pick one, it would be the S-VDB.

    EDIT: Unless you're @ErrorsOnCoins that is! 😂 🤣

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    edited July 6, 2022 12:34PM

    I love investing in coins that most collectors do not know about nor follow.

  • PerryHallPerryHall Posts: 46,416 ✭✭✭✭✭

    Both are great coins. If it were me, I would buy either one depending on which one came along that was nice and priced right. I would then save my money and buy the other one. They're both key dates and worthy additions to your collection. You are right to only buy one slabbed by a major grading service since both have been counterfeited. Let us know what you decide and good hunting.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • SanctionIISanctionII Posts: 12,284 ✭✭✭✭✭

    Investing in coins may cause one much angst.

    Collecting coins may provide one much enjoyment.

    After learning about coins and deciding which path to follow, use your knowledge to choose wisely as you acquire, hold and dispose of coins.

  • messydeskmessydesk Posts: 20,082 ✭✭✭✭✭

    Either can be a good or bad investment, depending on how much you pay and the quality of the piece. The price curve on the 09-S VDB is flatter than that of the 1877 and it's a less expensive coin. This makes buying mistakes, such as paying full 64RB retail for a coin that's just barely not a 63 or BN, less costly.

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    Here, I fixed it for you....

    Investing in coins may provide one much enjoyment.

    Collecting coins may cause one much angst.

  • jesbrokenjesbroken Posts: 10,133 ✭✭✭✭✭

    Investing in coins or collecting coins may cause one either enjoyment or angst. Depending upon how serious you are about either.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • hbarbeehbarbee Posts: 193 ✭✭✭

    You ask a very good question. Take a look at the PCGS Price Guide and Population Report. Let’s assume you would like to spend about 10K on the coin so it becomes a significant holding.

    For the Indian, that will get you to about 64RB where there would be about 200 like yours and 200 better. However, for the Lincoln, you could get to a 66RD where there would be about 200 like yours but only about 50 better. This surprised me as the Lincoln will always be more popular and if you spend more, the Lincoln becomes an even better choice.

    I prefer choice coins where the pops are small because more and more collectors are chasing fewer coins.

  • 291fifth291fifth Posts: 24,451 ✭✭✭✭✭

    Given the current irrational exuberant coin market I wouldn't want to "invest" in either.

    All glory is fleeting.
  • MarkKelleyMarkKelley Posts: 1,910 ✭✭✭✭✭

    I had three certified 1877's and sold two. I had 11 certified 1909S VDB's and sold them all. From my own admittedly limited statistics I'd have to go with the S VDB.

  • JWPJWP Posts: 23,759 ✭✭✭✭✭

    If I found either one at a reasonable (i'm CHEAP) price, I would buy it. Realistically, I will never find a 1877 IHC, but a better chance on a 1909 s VDB - MAYBE. I would even throw a 3rd cent in the mix. A 1909 s IHC. I would truly love to find one at a good price. DREAM ON :'(

    USN & USAF retired 1971-1993
    Successful Transactions with more than 100 Members

  • jmlanzafjmlanzaf Posts: 35,239 ✭✭✭✭✭
    edited July 6, 2022 4:10PM

    Neither. Both are common.

  • KliaoKliao Posts: 5,608 ✭✭✭✭✭

    Never consider coins as an investment.

    But if both are the same grade, I would choose the 09SVDB over a 1877 as it’s more of a ‘well known’, ‘famous’ coin with a larger collector base.

    Collector
    75 Positive BST transactions buying and selling with 45 members and counting!
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  • mr1931Smr1931S Posts: 6,260 ✭✭✭✭✭
    edited July 6, 2022 7:29PM

    "Investment" doesn't have to be only about money. It can be about one's psyche. Given the choice of '09 SVDB or '77 but not both, the SVDB wins me over. Why? The story of how 1909-S V.D.B. came to be is special.1909-S V.D.B. is the holy grail for the Lincoln cent collector. Always has been and always will be. Back in the day, I would have eaten worms for an S V.D.B. to fill that hole, the hole with the plug in it that said "Rare", in my Whitman penny folder. Make no mistake, the 1909-S V.D.B. Lincoln cent is one of the most famous coins in all of numismatics.

    Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein

  • DisneyFanDisneyFan Posts: 2,194 ✭✭✭✭✭

    Having had both, the 1877 gave me more pride of ownership. However, I went cheap and bought the proof which later received a CAC which was even better. But they say, don't mix proofs and MS coins.
    I would have loved to own a 1856 flying eagle; but, that was definitely out of my reach.
    Investment? Things are a bit frothy these days.

  • orevilleoreville Posts: 12,073 ✭✭✭✭✭

    @winesteven said:
    I do NOT disagree with the majority that suggest as a collector (everything else being equal regarding fair pricing for the grade, both with real nice eye appeal, etc.) go with the 1909-S VDB. As they say, while the pops are higher for the Lincoln, so is the demand, AND since the pricing slope is surprisingly somewhat close to flat as the grade increases with the Lincoln, that means you can get a higher grade Lincoln for not much more than one several grades lower. This is not true with the key 1877 Indian.

    However, I did the opposite, and I’m not sorry.

    I put together a Lincoln Wheat DATE set. This way, I only needed 50 coins for the set, AND I can then pick and choose the more “common” coin for each date. Based on those two factors, I was then able to afford higher grades, which I could not have done with a “complete” Wheat set. I then chose the cheap route, and bought the more common/less expensive 1909 VDB from Philadelphia.

    I’m close to finishing my Indian Head Cent set, and as such, I had to include the 1877. A forum member was kind enough to reach out to me to offer me this coin at a fair price. Rick Snow says this coin is 90% red:


    Steve

    I like your 1877 cent.

    A Collectors Universe poster since 1997!
  • gumby1234gumby1234 Posts: 5,591 ✭✭✭✭✭

    I would choose the 1877 just because I like Indian cents better than Lincoln cents.

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

  • Cougar1978Cougar1978 Posts: 8,440 ✭✭✭✭✭
    edited July 7, 2022 5:06AM

    Basically from a collector / investor point of view I would want the 1877 Indian Cent. It has much more appeal to me. I go with what I like.

    Coins & Currency
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Look at specimens of both coins... several of each. Then buy the one you like best and can afford. Cheers, RickO

  • Joe_360Joe_360 Posts: 1,735 ✭✭✭✭✭
    edited July 8, 2022 3:59AM

    More Lincoholic then Indianheads (IMP) but really should depend on what you prefer

  • 1Mike11Mike1 Posts: 4,416 ✭✭✭✭✭

    I think either coin will hold its value within reason.

    "May the silver waves that bear you heavenward be filled with love’s whisperings"

    "A dog breaks your heart only one time and that is when they pass on". Unknown
  • fathomfathom Posts: 1,776 ✭✭✭✭✭

    I would do the 1877 because of the historical significance of the period. Also it's a tougher coin in Mint State.

  • rokkyrokky Posts: 308 ✭✭✭✭

    Thank you everyone for your opinions. I’m “on the fence” still with my decision, but I am definitely leaning towards the 1877. And the main reason for it….I’ve never had an 1877, surprisingly. Years ago I had a nice mint state 09-S VDB, which I regretfully sold, but like I said, I’ve never had an 1877.

  • ashelandasheland Posts: 23,398 ✭✭✭✭✭

    Personally I’d take the 1877 IHC
    I like them a lot more than Lincolns.

  • hfjacintohfjacinto Posts: 880 ✭✭✭✭✭

    I actually have both and while the 1909 S VDB was a special coin as it helped me complete a set I started 45 years ago, I always liked IHC more than Lincoln cents, so an 1877 is just a more desirable coin *to me.

  • hfjacintohfjacinto Posts: 880 ✭✭✭✭✭

    @winesteven said:

    >


    Steve

    @winesteven , can you adopt me? I just want an inheritance of your Indian Head Cents, well maybe your gold coins also ;)

  • winestevenwinesteven Posts: 4,665 ✭✭✭✭✭

    @hfjacinto said:
    @winesteven , can you adopt me? I just want an inheritance of your Indian Head Cents, well maybe your gold coins also ;)

    You asked at just the right time (just kidding, lol).

    But thanks for the compliment. I’m close to finishing my special IHC set. This afternoon I’ll get answers that can be beneficial to me for that set.

    I’ve really enjoyed following your progress on your Dansco 7070. Your passion and enthusiasm for our wonderful hobby is infectious.

    Happy Hunting!

    Steve

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • 7Jaguars7Jaguars Posts: 7,577 ✭✭✭✭✭

    I'd always liked both, but like many kept looking at that blank space in the Whitman Lincoln folder above the 1909 S VDB space - for more than 40 years! I knew about and kind of liked the 1877 but have always liked the "lesser" 1909 S IHC.
    That said, I agree with most that coins generally are not a great investment. I did buy a raw S VDB in an English auction about 4-5 years ago for about 1200 USD that slabbed at hosts an honest MS64RB and IMO would prob. green sticker at CAC; finally filled that space - sort of.

    Love that Milled British (1830-1960)
    Well, just Love coins, period.

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