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Slabbing Early Date Circulated Mint-Marked Wheats...Are We Now At That Point?
OneCent
Posts: 3,561 ✭
Well, as anyone who is a collector of MS Lincoln Wheats (especially the pre-1934 coins) can attest to, prices have gone crazy over the past two years and moreso over the past year. Early Date Wheaties with a Mintmark have especially skyrocketed in value. Now it seems as if the circulated values have gone nuts as well, primarily for any S or D mints in the teens and twenties. So much so that I can never remember seeing so many slabbed circulated examples of date/mm's such as '11-S, '12-S, '13-S, '24-D etc. I'm talking about VF - XF examples and they are selling for strong money. Perhaps they have always been there and I simply have not noticed. Perhaps not. Has anyone noticed this and have slabbed circulated early date mm'd Lincoln's arrived?
Maybe time to buy an unsearched bag o'wheats.
Maybe time to buy an unsearched bag o'wheats.
Collector of Early 20th Century U.S. Coinage.
ANA Member R-3147111
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In honor of the memory of Cpl. Michael E. Thompson
<< <i>Recently JJ Teaparty switched from raw coinage to PCGS-certified coinage and I believe they submitted much of their inventory to be slabbed. This included a relatively large number of early, circulated, D-and S-mint Lincoln cents. >>
All of their Liberty Nickels are now PCGS graded, so I would think it is the case with all issues.
<< <i>Recently JJ Teaparty switched from raw coinage to PCGS-certified coinage and I believe they submitted much of their inventory to be slabbed. This included a relatively large number of early, circulated, D-and S-mint Lincoln cents. >>
I did not know that JJ Teaparty went all to all slabs...interesting.
Collector of Early 20th Century U.S. Coinage.
ANA Member R-3147111
<< <i>Pretty much like this one I posted in another thread...
There have been oodles of slabbed '24-D circs on ebay recently...some as low as VF.
Collector of Early 20th Century U.S. Coinage.
ANA Member R-3147111
<< <i>Maybe time to start on my two gallons of wheats... dang, never enough time... Cheers, RickO >>
So when are you going to ship them over to me so I can take a careful look through them for you?
I can place a raw 24-D in VF+ on Ebay and maybe I get $45. The same coin PCGS slabbed will be $80. I had a full roll of 24-D and offered them on the BST about 6 months ago for just under VF money. No takers. So I sent in about 1/2 for grading and they have all come back in VF25 to XF40 holders.
Also try to find a no problem 13-S at your local B&M in AU. You wont. And I doubt if you would find any at a larger show like Baltimore.
And a nice chocolate brown AU58 can look 10x better than the typical splotchy MS63.
But it is not just Lincolns. Barber and Seated coinage is also in demand.
Knowledge is the enemy of fear