@TwoSides2aCoin said:
My opinion should not be construed as highjacking, but it kind of steers off the beaten path. Ah, but hyping up a common creation as rare, only reminds me that Stewart Blay probably owns the rarest Lincoln cent. I could be wrong, but new issues , despite "mintage numbers" is not what the majority of collectors (deeply ingrained collectors) consider rare. Not by a long shot.
"rarity" NOT "rare" is a measure of relative scarcity. Very few U.S. coins are rare. 1916-D dimes - not rare. S-VDB cents - not rare. They really don't even count as "scarce" since they number in the hundreds of thousands. But a 1916-D dime is "more rare" or "more scarce" than a 1921-D dime which is more rare than a 1988-D dime.
At 225,000 this issue is not "rare", I've never called it that. But, by the very definition of the word, it is "rarer" (more rare) than an S-VDB cent. Now, an S-VDB cent is more rare in MS-69 (technically SP69 for the EU cent), but that is condition rarity not absolute rarity.
Value, of course, is another issue altogether.
An 1881-CC dollar in VG8 is MUCH MUCH MUCH rarer than an 1881-CC dollar in MS-65...but which would you want?
The other "rarity" that is under the radar are the 2009 pennies in the mint set. These are not made of zinc like all the other 1983 and forward cents. These are made from the same copper/bronze as the pre-zinc pennies and these are non-eu finish. That doesn't bode well for these 2017-s cents in the next few years.
@Schmitz7 said:
The other "rarity" that is under the radar are the 2009 pennies in the mint set. These are not made of zinc like all the other 1983 and forward cents. These are made from the same copper/bronze as the pre-zinc pennies and these are non-eu finish. That doesn't bode well for these 2017-s cents in the next few years.
Those do sell pretty well, especially given greysheet on the entire set. Seems like you can buy the set, sell the cents and coinstar the rest at a profit.
But there are 770,000 of each of those. If 225,000 is too many, that's 3 times too many.
@Schmitz7 said:
The other "rarity" that is under the radar are the 2009 pennies in the mint set. These are not made of zinc like all the other 1983 and forward cents. These are made from the same copper/bronze as the pre-zinc pennies and these are non-eu finish. That doesn't bode well for these 2017-s cents in the next few years.
@TwoSides2aCoin said:
My opinion should not be construed as highjacking, but it kind of steers off the beaten path. Ah, but hyping up a common creation as rare, only reminds me that Stewart Blay probably owns the rarest Lincoln cent. I could be wrong, but new issues , despite "mintage numbers" is not what the majority of collectors (deeply ingrained collectors) consider rare. Not by a long shot.
"rarity" NOT "rare" is a measure of relative scarcity. Very few U.S. coins are rare. 1916-D dimes - not rare. S-VDB cents - not rare. They really don't even count as "scarce" since they number in the hundreds of thousands. But a 1916-D dime is "more rare" or "more scarce" than a 1921-D dime which is more rare than a 1988-D dime.
At 225,000 this issue is not "rare", I've never called it that. But, by the very definition of the word, it is "rarer" (more rare) than an S-VDB cent. Now, an S-VDB cent is more rare in MS-69 (technically SP69 for the EU cent), but that is condition rarity not absolute rarity.
Value, of course, is another issue altogether.
An 1881-CC dollar in VG8 is MUCH MUCH MUCH rarer than an 1881-CC dollar in MS-65...but which would you want?
With respect to the collectors, I say : "Get the highest graded one and enjoy". Who needs more than one ?
With respect to collecting, it's the best hobby in town, in my opinion. Doesn't pay great, but the rewards are immense.
Rare, rarer, rarest is sort of like "most, fewer, least" to me. And similar to apples vs. oranges (as fresh is to stale)
For "condition rarity" and low mintage coins, it's all good. Get the best for less, as soon as possible.
@jmlanzaf said:
And I've still never gotten the number I really need: how many Lincoln cent collectors are there? [Date/mintmark series, not type.]
Last I counted, it was 3,118,349.
Of course, a huge majority of these collectors are content to leave some holes in their sets. I've been a casual collector of Lincolns for over 50 years and have never owned a 1909-S VDB. And I won't unless the price comes down by at least half. Besides, I now own the lowest-mintage Lincoln, so who cares about second place? (Just kidding)
@Schmitz7 said:
The other "rarity" that is under the radar are the 2009 pennies in the mint set. These are not made of zinc like all the other 1983 and forward cents. These are made from the same copper/bronze as the pre-zinc pennies and these are non-eu finish. That doesn't bode well for these 2017-s cents in the next few years.
One reason the 2009 cents are "under the radar" is that they have the same look as well as the same mintmark (or lack thereof) as their zinc counterparts. As far as most collectors are concerned, they are just another group of "satin finish" cents. On the other hand, the "S" mintmark easily distinguishes the 2017-S EU cent, and that is very much a consideration for those who collect Lincolns by date and mintmark.
How about the 1997 SP Matte Finish Jefferson Nickel Mintage 25K ? By definition on survivors Coin Facts Rarity Scale would call it a 2.7 Scarce" Even though they all survive. http://www.pcgscoinfacts.com/Features.aspx?page=7a
@Rich49 said:
How about the 1997 SP Matte Finish Jefferson Nickel Mintage 25K ? By definition on survivors Coin Facts Rarity Scale would call it a 2.7 Scarce" Even though they all survive. http://www.pcgscoinfacts.com/Features.aspx?page=7a
Comments
"rarity" NOT "rare" is a measure of relative scarcity. Very few U.S. coins are rare. 1916-D dimes - not rare. S-VDB cents - not rare. They really don't even count as "scarce" since they number in the hundreds of thousands. But a 1916-D dime is "more rare" or "more scarce" than a 1921-D dime which is more rare than a 1988-D dime.
At 225,000 this issue is not "rare", I've never called it that. But, by the very definition of the word, it is "rarer" (more rare) than an S-VDB cent. Now, an S-VDB cent is more rare in MS-69 (technically SP69 for the EU cent), but that is condition rarity not absolute rarity.
Value, of course, is another issue altogether.
An 1881-CC dollar in VG8 is MUCH MUCH MUCH rarer than an 1881-CC dollar in MS-65...but which would you want?
And I've still never gotten the number I really need: how many Lincoln cent collectors are there? [Date/mintmark series, not type.]
The other "rarity" that is under the radar are the 2009 pennies in the mint set. These are not made of zinc like all the other 1983 and forward cents. These are made from the same copper/bronze as the pre-zinc pennies and these are non-eu finish. That doesn't bode well for these 2017-s cents in the next few years.
Those do sell pretty well, especially given greysheet on the entire set. Seems like you can buy the set, sell the cents and coinstar the rest at a profit.
But there are 770,000 of each of those. If 225,000 is too many, that's 3 times too many.
Some of them tone in the set nicely too.
With respect to the collectors, I say : "Get the highest graded one and enjoy". Who needs more than one ?
With respect to collecting, it's the best hobby in town, in my opinion. Doesn't pay great, but the rewards are immense.
Rare, rarer, rarest is sort of like "most, fewer, least" to me. And similar to apples vs. oranges (as fresh is to stale)
For "condition rarity" and low mintage coins, it's all good. Get the best for less, as soon as possible.
``https://ebay.us/m/KxolR5
Last I counted, it was 3,118,349.
Of course, a huge majority of these collectors are content to leave some holes in their sets. I've been a casual collector of Lincolns for over 50 years and have never owned a 1909-S VDB. And I won't unless the price comes down by at least half. Besides, I now own the lowest-mintage Lincoln, so who cares about second place? (Just kidding)
My Adolph A. Weinman signature
One reason the 2009 cents are "under the radar" is that they have the same look as well as the same mintmark (or lack thereof) as their zinc counterparts. As far as most collectors are concerned, they are just another group of "satin finish" cents. On the other hand, the "S" mintmark easily distinguishes the 2017-S EU cent, and that is very much a consideration for those who collect Lincolns by date and mintmark.
My Adolph A. Weinman signature
How about the 1997 SP Matte Finish Jefferson Nickel Mintage 25K ? By definition on survivors Coin Facts Rarity Scale would call it a 2.7 Scarce" Even though they all survive.
http://www.pcgscoinfacts.com/Features.aspx?page=7a
Yup. Not a Lincoln, of course, but scarce