The 1924-D Lincoln cent
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wavysteps2003Expert Member
Posts: 1344 Joined: 25 Feb 2005
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Posted: Tue Sep 04, 2007 7:01 am |
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With only 2.5 million made, this 5th lowest in population cent has finally started its rise in prices.
At the begining of the year, a G-4 conditioned 1924-D could have been added to ones collection for $17.00, now it is at $40.00 in some of the price guides. Surprisingly, only the lower grades have been affected, up to EF-40, with some of the MS grades actually dropping in price. Is it time to buy an above average 1924-D Lincoln cent in the MS range? With prices equivalent to the 1923-S Lincoln cent in MS condition, with a mintage of over 3 times (8,700,00) that of the 1924-D, it will not be long before collectors realize this price difference.
BJ Neff
_________________ Member of: Coppercoins, ANA, CFCC (VP), CONECA, FUN, NCADD (Editor), NLG, LCR, traildies.com. and MADdieclashes.com
The opinions that I express do not necessarily reflect the policies of the organizations that I am a member of.
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GarryNExpert Member
Posts: 1296 Joined: 09 Jul 2003 Location: Chicago
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Posted: Fri Sep 07, 2007 7:38 am |
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RyedaleNew Member
Posts: 4 Joined: 22 Apr 2008 Location: Michigan
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Posted: Tue Apr 22, 2008 8:45 am |
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Hello All here at the Coppercoins Forum,
I have hoarded over a ton of copper pennies, and so far my best wheat find, is a 1924 D, I'll try to post a picture if I can figure out how.
Nice forum here. Andy
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Bob PSite Admin
Posts: 3482 Joined: 01 Jul 2003 Location: Niceville, Florida
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Posted: Tue Apr 22, 2008 1:20 pm |
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coopExpert Member
Posts: 3402 Joined: 17 Sep 2003 Location: Arizona
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Posted: Tue Apr 22, 2008 3:23 pm |
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Welcome to the forum Andy. We look forward to seeing your images and sharing you questions. It's out pleasure as well to meet new collectors.
_________________ Richard S. Cooper
You may be only one person in the world, but you may also be the world to one person.
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RyedaleNew Member
Posts: 4 Joined: 22 Apr 2008 Location: Michigan
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Posted: Thu Apr 24, 2008 10:01 pm |
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Thanks for the welcome.......I'm quite busy so my posts may be dramatically delayed some times. I work full time, run a business on the side, and have a family, it's also my favorite time of the year, little league for my 2 boys, they are 7 and 9, both playing at different levels. My only break from the daily routine is watching the practices and games.
I did pick up some coins today, pennies, halves and Dimes. Got 4 40% halves, one 1964 90% in AU. Also $200 in dimes, opened the first roll and got a 1941 merc. I really though I was on to a rich vein, but it ended up being the only one. I'll admit I'm more of a "metal" hoarder than a pure Numismatist, but I'm trying to convert, and mostly learn what is valuable, other than the obvious metal plays. Thanks again for the Welcome Andy
_________________ Sorting pennies is strangely addictive.
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