Starting a wheat set

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  • virgil

    #46
    Wheat set

    Simon, I started collecting wheats also, my friends found out and now i have five sets of different grades that i am trying to fill. It is like you said it is very satisfying when you get to add a coin, as has been stated , it is about the chase.

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    • jhcons

      #47
      Originally posted by BadThad
      You have a huge task in front of you. If I was starting over, I'd focus only on 1909-1934 in the highest grades I could afford. I add up to 1934 because there's some REALLY nice 1934 Lincolns out there for cheap. I would also only buy BN, RB and toners. The red coins are just too expensive and somewhat boring to me anymore. Plus you have to worry about them eventually turning.

      You're young, I also recommend you take your time. Try to fill your holes with mint state coins. I read that you're fine if you can "read the date" but eventually, you'll get the itch to upgrade your circulated coins and really nice high grade coins will find their way to you over the years.
      BT that is excellent advice, When I decided to sell my variety collection I realized I needed something to collect so I went back to my old what set that I was working on before varieties became my sole purpose in life. Thats is how I came to find this web site. I googled key dates and it brought me to an article on this site someone wrote. I am doing exactlly what you just said,. I am building a high grade set of early wheats all brown 63 or better.and the few that are to expensive I am getting the highest grade I can get for the allotted money I have for that coin. I spent about a month doing research on prices and such before I even got first coin. I have a note book with each year and mm and the average sale prices of raw versus pcgs and I told myself that under no circumstances deviate from plan. Last collection I did it looked like pooh.hi grade in cheap common coins low brown in good ones and it was not worth a damn thing when done. That is some good advice there. Thanks JIM

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      • jhcons

        #48
        [QUOTE=simonm;176946]Hi All,

        I made a purchase of some nice starting coins from a fellow member to get me on my way.

        Simmon I to am buying my coins a coupkle guys here. The 09 toned I got from Brad is by far the prettiest Lincoln I have had or seen in person. After that purchase from him. He got my buisness. and chris is the other I am starting to get from. They both seem very good.

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        • Magers
          Member
          • Feb 2012
          • 889

          #49
          Originally posted by simonm
          I'm more of a fan of circulated wheats to be honest...I like XF-AU coins. They can have a very nice chocolate color and some can have nice mint luster and toning, plus they are a bit cheaper than MS coins. But to each their own.
          I might have some good coins for you... do you have a list that you need? I've recently upgraded some of my coins. I'm not looking for payment or anything, just a gesture of goodwill from one forum member to another. Also, that 31-S is very nice! I'm still missing one.

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          • BadThad
            Member
            • Jan 2009
            • 3011

            #50
            Originally posted by simonm
            Might as well post better pictures of my key dates/semi keys.
            These coins were purchased from liveandievarieties, who often has a great selection of better-date wheats available.
            First, a 1922D.

            The trick to the 22-D's is finding them with strong wheatlines. Everytime I find one with a strong reverse I buy it. I think I bought and flipped 30-40 of those because they're tough for collectors to find. I also really, really like 22D's.....one of my fav issues in the series, it's quite interesting.
            VERDI-CARE™ ALL METAL CONSERVATION FLUID

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            • BadThad
              Member
              • Jan 2009
              • 3011

              #51
              Originally posted by jhcons
              BT that is excellent advice, When I decided to sell my variety collection I realized I needed something to collect so I went back to my old what set that I was working on before varieties became my sole purpose in life. Thats is how I came to find this web site. I googled key dates and it brought me to an article on this site someone wrote. I am doing exactlly what you just said,. I am building a high grade set of early wheats all brown 63 or better.and the few that are to expensive I am getting the highest grade I can get for the allotted money I have for that coin. I spent about a month doing research on prices and such before I even got first coin. I have a note book with each year and mm and the average sale prices of raw versus pcgs and I told myself that under no circumstances deviate from plan. Last collection I did it looked like pooh.hi grade in cheap common coins low brown in good ones and it was not worth a damn thing when done. That is some good advice there. Thanks JIM
              Glad I could help! You're on the right track. You're going to hit a brickwall with some of those in MS grade. The 20's branch mint coins are TOUGH as nails and very much underappreciated and (IMO) under valued when they have a strong strike. Especially hold out for well stuck examples of the 24 S/D and 25 S/D. When you find one, BUY IT! Focus on the reverse as most of these are quite crappy. It's extra hard to find the earlier die states, especially the obverse. The reverse usually shows the result of non-parallel dies with a weak right wheat and mid to late die state.
              VERDI-CARE™ ALL METAL CONSERVATION FLUID

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              • jhcons

                #52
                Thanks for the tip. I really appreciate it. I know what I am wanting will take awhile but I still have some time. (Hope) as for the wall I guess all it will take is cash. And that is limited. I will do some research on the strike part of your post and may have to adjust my price guide for those years

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                • flyhi3
                  Member
                  • Mar 2012
                  • 3702

                  #53
                  Thats cool Simon! I started a set back at Christmas. I am like you, I love the XF/AU chocolate brown wheats.. they often have great luster, and look nicer than many UNC coins, in my opinion. I do plan on filling holes though, then upgrading...
                  Alexander Helzel
                  Ecrater eBay Facebook

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