How much will this 1914-D gain in value over 5 years?

shylock

Sold for $8,050 in Heritage's June 2001 LB sale.

Current bid $14,547.50 (with buyer's premium) in current Sept 2006 LB sale.

Heritage images of the 2001 & 2006 coins.

rays

I bought a red 1914D PCGS MS65 from Jay Parrino about ten years ago for $5000. With each new price level, there is always the risk of buying at the high of the market and then seeing a decline.

I can't predict the future, so I don't know how much, if any, this piece will gain in 5 years.

What's your estimation?

Leiana

So the floor auction is tonight, then?

Does the floor bidding start at 14K?

Or does it start lower?

-Amanda

Gemineye

A beauty........

96eagle

I'm guessing, 25-30%. Ask Russ he is an expert on 14-D Wheats

shylock

Leiana - the floor bidding technically starts at $12,650, but it's understood that a 15% buyer's fee is included so $14,547 is
really the opening bid.

I thought this would go for 3 times the 2001 sale, looks nicer from the image than the 65RD's that have sold for about 20K
recently.

Leiana

<< <i>Leiana - the floor bidding technically starts at $12,650, but it's understood that a 15% buyer's fee is included so $14,547 is
really the opening bid. >>



Well, then what is the point of internet bidding if the opening bid has to be higher than all the internet bids?

I don't really understand the auction process, and I am eager to learn!

Thanks,

-Amanda

shylock

Well, then what is the point of internet bidding if the opening bid has to be higher than all the internet bids?

I don't really understand the auction process, and I am eager to learn!

Great question, actually. Internet bidders are at a disadvantage.

But keep in mind, an internet bidder may still have the highest bid. If an internet bidder bid 25K for this coin his
bid will remain active until someone beats it on the floor. Auctions only list the highest bid at the next highest
bid encrement, and that $12,650 internet bid may be much higher in reality.

Leiana

<< <i>Well, then what is the point of internet bidding if the opening bid has to be higher than all the internet bids?

I don't really understand the auction process, and I am eager to learn!

Great question, actually. Internet bidders are at a disadvantage.

But keep in mind, an internet bidder may still have the highest bid. If an internet bidder bid 25K for this coin his
bid will remain active until someone beats it on the floor. Auctions only list the highest bid at the next highest
bid encrement, and that $12,650 internet bid may be much higher in reality. >>



Oh, I see. That makes more sense. So the actual bid may be much higher, but the floor bidders will not know this. Thanks for the explanation!

-Amanda

jacktheknife

I'd say around $20,000.

Jack

shylock

Leiana - bottom line is floor bidders have the advantage because they always get the last bid, but there are many times
when a floor bidder gives up to an unknown online bid they can't beat.

jdimmick

Red Linclons seem to be on fire lately, however, there have been quite a few upper end collections coming to the market recently. If its a case where only a handful of individuals are buying on the upper end thats pushing this series to those levels, then the higher they get, the thinner the air gets. It will be intrested to see if the value increase for the next 5 yrs was equal to the last 5, my guess is (I dont have a clue?)

jim

LickThoseStamps

$815.32 +/-$12565.14

originalisbest

Smoewhere around 20 million. Or perhaps a little less. But not a penny more!

shylock

Sold for $18,400. A $10,000 markup over 5 years but I thought it would do better. Maybe a little dark in person?

jdimmick

I am not out west for the show to see the coin, but I wonder if the slight muting of color had a little to do with it not bringing 20k as some folks anticipated?

librtyhead

Hence w/juice the price you pay to sell...............or buy..........it is what it is!

GullibleNewb

I do not know how to grade Lincolns. But is that coin really considered a 65? I know the photos make those marks on the front look nasty, but did this coin get a bump because of the date? I'm not bashing, just curious.

bigtonydallas

I think Lincolns will continue to rise until 1909 when the 100th anniversary hits.

Rampage

My one and only 1914D is one I picked up at the age of 10 back in 1986. The coin shop dealer at the time said he could not tell if it was a D or S because the mint mark was somewhat worn (coin grades AG3), so he sold it to me for $2.00. That same day, he sold me a 1909S for $2.00 as well. I think the dealer liked seeing a younger person getting into the hobby. I still have both of those coins and would not sell them for anything. When I turned 16, I started working for the coin dealer in his restaurant, which was right next door to the cooin shop. I started out as busboy and then went to cashier 6 months later. I stayed there throughout the rest of high school and some of my early years in college. He died a couple of years ago now.

Sorry to babble on...