What's HOT and What's NOT?

 

    This month lets look at the ever popular Lincoln cent.

   The Lincoln cent has always been the most popular collected error coin. There is just so many different types of errors that occur to this highest mintage struck coin. Its can also be the most affordable, though prices are constantly on the rise for even this largest minted coin.

   This month, lets cover Wheat cents (1909-1958), next month we'll address Memorials Cents.

   Wheat cent errors are growing extremely HOT in this current Bull market of Error coins.

   Off Centers: these are burning hot at the moment. Most recognize these as the next most sought after cent, next to the Indian cent. Grade XF-Unc are running anywhere from $40up for cents struck in the 1940s-1950s. HUNDREDS of dollars for coins from 1909-1930s, especially those in the teens with Mint Marks. Now I'm speaking of 20-50% Off Centers XF-Unc, No Spots and most have lots of eye appeal. MS 64-65s mostly Red orFull Red are very tough to locate when available draw even larger premiums. 1943 Steel Cents are very active when they can be found lusterious with no spotting or rust.

 

   Off Metals: Any Wheat cent is rare are can be very expensive, several hundred dollars to a couple of thousand dollars. Example a 1943

Cent struck on a Silver Dime planchet. This cousin to the famed 1943 Copper Cent, can easily cost 2k when in a high grade, when you can find it! One of my top recommendations are "Silver cents" , cents struck in silver dime planchets, XF and higher with NO scratches or test marks.

   Any major error: such as Double strikes, Caps, are winners. Take it easy on clips, and other smaller errors as these are not carried as frequently and sought after as some of the other errors by dealers. That's not to say they are not very collectable, I just don't think they will see the same huge prices increases in this Bull market.

   Look for those that are certified by PCGS or NGC whenever you can, But whether Slabbed or NOT! Look for High grades XF & UP, No Spots, Eye appealing coins.

 

 

 

 

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All content in this newsletter is the opinion of the author and should not be taken as sound investment advice.


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