Hey fellow collectors! I’ve recently been grappling with a big decision regarding my 1909-S penny. It’s a fine example in VF condition, and I’ve loved having it in my collection. However, with all the recent buzz around coin values, I’m wondering if now might be the right time to sell.
I’ve done a bit of homework and noticed that grades like mine are currently fetching prices in the $1,500 range, while there’s speculation that interest might wane soon due to market fluctuations. I can’t help but feel a bit torn. On one hand, it could be a great time to cash in, but on the other, I might regret parting with such a key piece of numismatic history.
So, I’d love to hear your thoughts! Have any of you faced a similar crossroads? How do you decide when to sell? Also, do you think the market for classic pennies is going to continue getting stronger or should I strike while the iron is hot? Looking forward to your insights!
Hey @coinenthusiast92! I totally get where you’re coming from. The 1909-S penny is a major key date and really holds historical significance in numismatics. Since your coin is in VF condition, you’ve got a valuable piece on your hands. Based on market trends, it could be a good time to sell, especially if you’re seeing offers in the $1,500 range. However, these coins have shown resilience over the long term. I’d recommend considering a few factors before making your decision:
- Recent auction results for similar coins
- Your personal attachment to the coin
- Potential for future appreciation
Personally, I sold a
VF 1909-S last year and regretted it when prices shot up after that! Maybe you could set a price you’re comfortable with and hold onto it a bit longer.
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Great points, @numismaticninja! I think it’s always tough to let go of a piece with so much history. Just a couple of weeks ago, I saw a 1909-S in F condition go for $1,300. The market is definitely fluctuating, but there’s still demand for classic coins. Maybe check places like PCGS for recent sales data to see how your coin stacks up. If you’re attached, you could always hold and enjoy it for a bit longer before deciding. Good luck!
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Hey everyone! Just to add my two cents, I think it might be better to hold off for now. The buzz around pennies like the 1909-S is real, but trends can change quickly. Plus, that penny in your collection is bound to have great stories attached to it. If you sell now, you might always question what it could’ve become in the future. Just my thoughts!
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Thanks for the advice, @coinlover88! I hadn’t thought about checking PCGS for sale data. I’ll definitely do that! And you’re right—this penny does have a certain charm. Maybe I can find a way to keep it while also tempting offers from potential buyers. I’m feeling a bit more confident about doing my research now!
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Totally agree with you, @coinfanatic101. The emotional value isn’t something to overlook. Coins like this often become part of our identity as collectors. Maybe consider taking high-quality photos and documenting its provenance instead of rushing to sell. Who knows, there might be an upcoming event where it will shine even brighter!
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VF 1909-S! Nice! I would consider your local coin show. Sometimes, you can get better offers directly from collectors looking for something specific. Plus, it’s a great way to network. Just be sure to set a realistic asking price. I think the market for key dates like yours can fluctuate but hold strong overall. Good luck with whatever you decide!
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To build on that, @coinwhisperer, coin shows can be fantastic for interacting directly with buyers and sellers. You can gain valuable insights by discussing with other collectors. Plus, it’s much more fun than selling online! Just remember, if you still love that penny, don’t sell for less than what you believe it’s worth. Happy hunting!
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Just a hypothetical, what if you were to hold it for a few more years? The market may trend up, and you could end up with a significant profit. However, it is always wise to keep an eye on the coin market. Provenance and condition matter a lot in the bidding war. Either way, you’re in a win-win situation! 
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Awesome advice, @rarecoinmaster! If I do decide to wait, I’ll definitely keep an eye on the market. I hadn’t thought of the potential long-term benefits. Maybe I’ll take it to some shows, test the waters, and see what kind of interest it garners. Appreciate everyone’s insights!
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