Ok...the 1909-s VDB. In two words or less, describe how you feel about this coin...
TheLiberator
Posts: 1,023 ✭✭✭
...in whatever way you wish, good, bad or otherwise. I know people feel stongly about this issue so let's hear what you think of it! Remember, only 2 words! 
(This should be good!)
(This should be good!)
0
Comments
rainbowroosie April 1, 2003
Want one.
Too expensive.
Oh well.
Maybe later.
Registry 1909-1958 Proof Lincolns
give me $100,000 and I can get you 20 uncs in a week
"year type"
"sought after"
"key date"
"very expensive"
"mintmark added"
-JamminJ
P.S. I wonder if this might wok better in haiku form.
When we are planning for posterity, we ought to remember that virtue is not hereditary.
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You can't say "Not that rare and way overvalued relative to other coins with similar supply, but always in ridiculously high demand as the key in a popular series and therefore always highly valued and often counterfeited" in two words.
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Why step over the dollar to get to the cent? Because it's a 55DDO.
Why step over the dollar to get to the cent? Because it's a 55DDO.
Alot of AU/uncirculated 1909-S VDB's color is streaked, woodgrain or just plain ugly. Coins with nice color may not be so "dime a dozen". Did I say I like this coin?
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Joe
<< <i>i saw at least four at the ANA today and those were coins i noticed without even looking for them. way, way more abundant than some truly scarce coins yet it's popular. i think the issue speaks well for how a price can be driven by hype induced collector demand. >>
But how does being a very popular collector series make it "hype?" It just means more collectors are going after the supply than for other series. I'll agree that relative to other series with similar mintage and numbers of pieces extant, the '09-S VDB's price is off the radar...but demand is every bit as much a factor in pricing as supply, and there are more Lincoln cent collectors than any other U.S. type...probably by far.
So while "overpriced" when compared to other, more scarce pieces, I don't think we can dismiss it as "overpriced hype" if we believe in the market economics of supply AND demand. To me, "hype" implies rampant speculation, and I'm not sure I see that with the '09-S VDB. Its popularity has stood the test of time and withstood many market declines. As the key to what is *always* the most popular series for collectors, its value is well established even if it's not terribly scarce.
[edited to remove a superfluous apostrophe]
David
and it sets us apart from practitioners and consultants. Gregor
<< <i>Who cares? >>
Hey, I OWN that!!!!!
Here's a warning parable for coin collectors...
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