1931 s Lincoln. Good invstment?

Hedger

I thought of buying a high grade 1931 s Lincoln cent. It looks as if this date has potential. Any advice on how I should go about purchasing this date. Is this date at risk for counterfiets?

mdwoods

There were tons of them saved. Gem red or better would probably be the best grade for investment.

jdimmick

If I were buying a high grade example, I would definitely buy one full red and a minimum of ms-65: PCGS preferably with nice sharp strike and booming luster. Any lower than that, they just are not that scarce. Actually 600 plus graded by PCGS in 65 red.

Here is the current 5 year price bid/ask history according to the CDN for Ms-65 red

today-500/550
Jan 04-500/550
Jan 03-350/375
Jan 02-375/405
Jan 01-350/385
Jan 00-255/275

merz2

The advice and info you've already received is quite good.The MS65 RD is an affordable grade for most collectors.If as I believe the Lincoln series will take off even further as we approach 2009,it would be a good investment.IMHO

coinkat

the mintage is low, but there is a fairly high survival rate in MS65 RED. The 1931-D in MS65 Red is tougher and probably the better choice but listen to a Lincoln expert. There are several that regularly post.

1centlincoln

If you can get a hold of an MS65RD (even better, an MS66RD), it's worth going for.

STEWARTBLAYNUMIS

You need a 67 red so I can pick you off

Stewart

onlylincolns

POP

646 in 65 RD
73 in 66 RD

I say go for the best -- 66 RD

Hedger

Thanks for the help folks. It will have to be next months purchase. Wife has me on a strict budget this year.

onlylincolns

If you are interested -- I also own a couple of 31-S in 66 Rd and one is going for sale in the upcomming Heritage signature auction at the beginning of May