OH! What should I do? Lincolns or Gold Eagles

flog31

I am looking for input to help me make a decision. Any and all replies are welcome.

I currently have the #16 Lincoln Cents Basic Set, Circulated Strikes (1909-1958) and tied for #7 set of Lincoln Cents Basic Set, Proof (1959-Present).

I am trying to decide if I should sell these sets and start collecting Gold Eagles. I still like the Lincolns, but to upgade my Circulated Strikes to all MS64RD and above seems very unlikely. When any of the coins I would like to upgrade become available, the price is just out of site (scratch any price guide). I don't have the funds to compete. Even though I do upgrade now and then I still keep falling in the registry.

The Gold Eagles are a very appealing to me, I think they are a great looking coin. I don't have the funds to try to collect both and finish either, not in my life time.

Also, if I do decide to sell, should I sell through an auction house, through ebay, or?

So, what do think I should do? You can reply here or if you would rather, you can reply to me at gjpkkelley@comcast.net.

Thanks in advance for your input.

Gene (flog31)

Numismanic

Its up to you, but personally I'd keep working on the Lincoln cents. I'm working on Buffalos and Mercs and both are long term projects. The prices for the better date coins are crazy right now, but one day hopefully I will get there.

merz2

I also would reccomend sticking with the Lincolns.They will only increase in value as 2009 approaches.IMHO

jacktheknife

Hhmmm, let me see... Yeah, I guess I would recommend LINCOLNS!!!!


Edited to add: #16, you're kickin' my butt. Stick with it. I keep falling as well, but I'm hooked on the thrill of the chase.

tjkillian

GOLD EAGLES!!! Wow, you must have a large budget. Those would be quite tough by date/mint. They might not be as expensive as Lincolns , but they would be far cooler. Start with the early years in the 18th century and work your way toward the 20th. That would be my vote.

Tom

Myqqy

I also would reccomend sticking with the Lincolns.They will only increase in value as 2009 approaches.IMHO

But wouldn't that make upgrading/completing a lincoln collection that much more difficult??
Personally, if I had the extra money to work on a set of eagles, I'd do that. Gold coins are not deserved by mortals....

flog31

I should have been more specific. I am thinking about collecting American Gold Eagle commemoratives 1986-date...

To those that think the Lincolns will go up in value in 2009. I could see the 1909 dates going up, but why would they all go up just beacause of the 100th anniversary?

Thanks
Gene

ziggy29

<< <i>To those that think the Lincolns will go up in value in 2009. I could see the 1909 dates going up, but why would they all go up just beacause of the 100th anniversary? >>



Potentially, things could happen to increase interest in the series much as Washington quarters have benefitted from all the new collectors because of the State Quarters series.

rainbowroosie

Keep the Lincolns....with time, prices will drop allowing you to again buy nicer coins....keep what you like for the long haul.

mozeppa

they aint makin' any more 1910's....11's....12's....etc. etc..

some are common...some rare ....some very rare...and yes some are even assininely stoopid rare....they'll all increase in value as time marches slowly on.

personally i have a nearly complete set....(need 6 in ms-63 + to finish the basic set)

600 + R.P.M.'s

175 + doubled dies and oddities

great hobby!

Stuart

Flog31: Do mean Classic Gold $10 Eagles (Coronet & Indian, etc) or are you suggesting the modern Gold American $50 Eagle Bullion coins??

coinguy89

I would keep the lincolns for just a few more years, then sell them, a whole collection like yours will bring top dollar. Whoever said keep em till 09 is smart. I defiently think you should do gold eagles, I would if I had the money.

centmaster

<< <i>To those that think the Lincolns will go up in value in 2009. I could see the 1909 dates going up, but why would they all go up just beacause of the 100th anniversary? >>



We are anticipating the Lincoln cent either being eliminated completely or redesigned in 2009. Either way, Lincolns would skyrocket even more than they are.

Don't assume that since you are dropping a few slots on the registry list that your set is dropping in value. Your coins are the same grade they were last week and probably worth more!

michael

i left you a private mesaage gene

michael

flog31

I need to figure out how to use the little goodies here, like quote, etc.

to Centmaster -

I have no doubt that my Lincolns are increasing in value. As a side to my collecting them, I would also like to be able to move up in the registry though. I don't expect the value nor the demand for the Lincolns to go down any time soon. I obviously like that my collection is going up in value, just can't beleive the prices that are being paid for the ones I would like to upgrade. Like a 1924-D MS64RD in a Heritage auction that ended last night went for about $2,000...!!!!

Thanks for all the input. I would still love to hear from more of you

Gene

perfectstrike

I'd suggest sticking with the Lincolns too. I didn't even realized you'd tied me at #7. Nice set. I've not given into purchasing PR70's, so my set won't move much in the future unless I make an upgrade (not likely). I've considered selling my proofs to finish the 1909-1958 set, but there isn't enough value yet. It'll be a race to 2009 to see if I can finish the complete series, I guess.

perfectstrike

BillJones

Gold eagles don't have nearly the collector following the gold eagles enjoy.

However you morph into a "gold bug" that could be an alternative. Since you are even considering the sale of your Lincoln set, it shows that your collector interest might be reaching an end.

Frankly I'd find the modern gold commemoratives a lot more interesting. Each coin would have a different design. I collect them, but all of my coins are raw and are in their original boxes. Of late I’ve been buying the 4 and 6 piece sets in the cherry wood boxes when I can find them. I don’t like these coins in slabs. It’s too sterile.

flog31

Why do so many people say to stay away from MS70 and PR70 coins?

mrpaseo

<< <i>Why do so many people say to stay away from MS70 and PR70 coins? >>



Cash money my friend, to rich for most of us, besides usually the difference between a MS69 and a MS70 is how the grader feels that morning. (I said usually there are exceptions) Same thing for the proof.

Many people collect in their dollar range rather than there like range.

ddink

<< <i>usually the difference between a MS69 and a MS70 is how the grader feels that morning. (I said usually there are exceptions) Same thing for the proof. >>



I agree 100%. For all intents and purposes, many 69s are 70s in quality, even if that's not what the little tag in the slab says. And when 69s are just as good as 70s, 70s must be the same as high-end 69s. Consequently, just collect the best 69s you can find, and if you are buying the coin, not the holder, you have a proof 70 coin.