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Value of 1941 to 1958 Lincoln cent set
PTVETTER
Posts: 6,015 ✭✭✭✭✭
What do you think the value of this set say in:
Red MS Gem type
Red MS UNC
RB UNC
Nice AU with some red
.
Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211
0
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I’ll take a stab:
$60
$40
$20
$12
For raws - unslabbed.
Not sure but I've built a nice RB unc set a long time ago figuring they would go up someday and wanted to get into them while the getting was good.
Very common material.....can't say there is much value even if Gems. 18 coins at $10 each in Gem? Add the mintmarks and they are not pricey either. Not worth the grading fees, in my opinion.
bob
I looked on ebay and found someone selling for Red Gems for $179.00 if I remember correctly
I’ve bought sets of red gems 34-58 in capital plastic for 100-150 and most of the value in those are the early years (34d etc) There’s one 34-58 with opening bid of 158 with 17 hours left with no bidders and one at 118 or so with 24 hours left.
A Red Gem set would have to be north of $100.
https://www.ebay.com/itm/26-CH-GEM-RED-BU-UNC-1950-1959-PDS-LINCOLN-CENTS-COMPLETE-DECADE-SET-45/122760709357?ssPageName=STRK:MEBIDX:IT&_trksid=p2055119.m1438.l2649
https://www.ebay.com/itm/27-CH-GEM-RED-BU-UNC-1941-PDS-1949-PDS-LINCOLN-CENTS/122745186658?ssPageName=STRK:MEBIDX:IT&_trksid=p2055119.m1438.l2649
So 62+39 for another seller. Plenty of sets available and unsold.
Unless slabbed ... face value as wholesale. Extremely common material that dealers don't want.
I actually put one of those together out of allowance money in the 1950s, I went to the local Woodward & Lothrup dept. store in Bethesda MD; they had a coin department on the lower floor. I go and get an Uncirculated shiney Lincoln, year after year, until I had the whole set. I remember asking the guy at one point what such a set would be worth: "Oh, not terribly much."
Dug it out a few years ago. All the coins were 63s and 64s. Guy was right.
Had fun doing it and reliving it, though.
Here's a warning parable for coin collectors...
I am not sure they are gems.
Priced as per quality or lack of!
Only way to convince buyers your gems are better than the other guy’s gems are to display close-up photos of all the coins. If you do that - you might as well sell them individually - then you’ll probably get slightly more for them. IMHO just not many buyers looking for that date set so price is going to have to reflect your timeline to sale.
291fifth is closest to what I see as a realistic price for these.
the problem is that everything has a value and that value can be found listed in a price guide somewhere. the trick is to find someone who is willing to pay that price. Wheat Cents from 41-58 are so common, even in rolls, that there are no collectors even asking for them.
if you walked into our shop and offered us a red BU set of Lincoln Cents from 1941-1958 in a nice Dansco album we would probably offer about $5. the truth is that we can probably resell the empty Dansco for that much and then wholesale the coins at some point down the line. they would probably go into a bucket.
They look pretty when they're blazing gem red, but except for the errors ('55DD, etc.) and condition rarities, there is not a lot of value there as commented above. This is why I focus on pre-1934 Lincolns.
https://pcgs.com/setregistry/showcase/2819
Not sure this is at all applicable but
The GS has "1941-1958 no 55/55" BU Bid @ $44.
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
Bad transactions with : nobody to date
$3.19 per pound.
``https://ebay.us/m/KxolR5
These may sell to new collectors, and those who do not want to expend the effort searching for them. Cheers, RickO
I would double it, if the ‘55 & ‘58 DDOs are in there.
``https://ebay.us/m/KxolR5
So uncirculated common-date wheat cents are worth no more than circulated common-date wheat cents?
My Adolph A. Weinman signature
That is what some here are saying, but I strongly disagree.
I truly believe nice gem red wheats are not so common!
Gem Red equals MS65/MS66 coins? Does the Set include all of the Mint Marked Coins? If so people are blowing a lot of smoke on the value.
5 bucks for the whole set. I am a buyer at that.
Ken
$20 if they are as described.
But, you'd pay 50-times that for identical coins stuck in meaningless plastic holders.
Enjoy the coins, not the plastic.
I was bidding at a minimum. Brown wheaties in a Whitman folder ? Seen dozens and dozens of them. They're worth collecting, but not a lot of money. They get to AU and MS, then of course, there is added value. Eye appeal, strike detail, luster, etc., it all adds up, but each coin stands on it's own merit. Pricing is difficult. What's it worth to you ? For most collectors, they want to find them in the wild. And that satisfies. Just plugging a hole at a time.
``https://ebay.us/m/KxolR5
I truly believe nice gem red wheats are not so common!
they are available in rolls and not many people want them.
I remember back around 1987 buying an original roll of 1955-S for the princely sum of $27, they were absolute cherry red blazers. GreySheet for that same roll today is $16.50, we have them and they are cherry red blazers. logic says that a price like that goes down either because of an increase in supply or a decrease in demand. I presume it is the latter.
using GreySheet prices a set from 1950-1958 assembled from rolls would cost about $17, and you'd have 50 of them. who are you going to sell them to?? these kind of sets are the things that are fun to assemble but not to expect and return/profit on.
Greysheet pricing appears to be for put together fool not original BWR
I purchased some rolls from a well known dealer at bid and you can't believe how many spotted and RB coins were in the rolls.!
Don't be fooled by GS pricing.
The GS is getting less and less accurate with the true market.
Not all rolls are the same!!!!
I would agree if they were true Gems without spots. And I've seen 64's and even 65's with spots. If I were doing Lincoln's I would have to have spot free coins and I actually prefer RB to Red.
Pat, I respect your opinion, but if you think you'll be able to get anywhere near $150-$200 for a Gem Red 1941-1958 Lincoln Cent collection in an album I believe you are gravely mistaken.
They would have to be slabbed to be worth that and it would cost that to slab them.
If you ask about raw red coins that are truly spot free and mark free, then some of the philly coins alone could be worth picking up. Sure there are plenty of coins to be found but obviously some are better than others.
"A dog breaks your heart only one time and that is when they pass on". Unknown
Funny, but I think a nicely toned set would sell for way more than a Red MS Gem set........
OINK
I wounder how much a set of PCGS MS66RD would add up to using coinfacts or their price guide ?
I am feeling that it is more than $200,00 I may be wrong.
Yes more than $200 - it is $2304 if all graded MS66RD. Assuming you mean 41 through 58 including all mints.
"A dog breaks your heart only one time and that is when they pass on". Unknown
if I added it up right and I may be wrong it comes to $2290.00
That's a lot of $$$$$
I would guess in MS65RD would be like 1/3 of that! $763.00
The 65s are not worth messing with if you are going with PCGS when the 66s are so readily available. Even 67s in these years are fairly easy to find so the prices are not as good as the price guide leads people to believe.
"A dog breaks your heart only one time and that is when they pass on". Unknown
remember, we're talking about buying a set on eBay. the chances of getting a set that would grade anywhere near MS65RD, let alone MS66RD, are so close to zero that it isn't even worth discussing.