Beginning a Lincoln Cent collection can be a rewarding hobby for numismatists of all levels. The Lincoln cent, first issued in 1909, is significant in American coinage history. This guide will walk you through the steps to collecting Lincoln cents, from understanding the basics to finding and preserving your coins.
Understanding Lincoln Cents
The Lincoln cent was introduced in 1909 to commemorate the 100th anniversary of Abraham Lincoln’s birth. Designed by Victor David Brenner, it was the first U.S. coin to feature a president’s likeness. The series can be divided into several critical periods:
- 1909-1958: Wheat Reverse
- 1959-2008: Memorial Reverse
- 2009: Bicentennial Designs
- 2010-Present: Shield Reverse
Each period offers unique variations and challenges for collectors. Understanding these differences is crucial in building a comprehensive collection.
Getting Started
To begin your collection, consider the following steps:
- Set a Goal: Determine what you want to collect. You might start with a specific period, such as the Wheat pennies, or aim for a complete set of all Lincoln cents.
- Educate Yourself: Learn about the series’s different varieties, mint marks, and key dates. Resources such as coin guides and online databases can be invaluable.
- Gather Supplies: Invest in essential tools like magnifying glasses, coin holders, and albums to store and protect your collection.
- Start Collecting: Begin acquiring coins through local coin shops, online marketplaces, and coin shows. Focus on coins that match your collection goals and budget.
Key Dates and Varieties
Some Lincoln cents are more sought after due to their rarity or historical significance. Key dates and varieties include:
- 1909-S VDB
- 1914-D
- 1922 No D
- 1943 Bronze
- 1955 Double Die
Understanding these key coins can help you identify valuable additions to your collection.
Where to Buy Lincoln Cents
Lincoln cents can be found through various channels:
- Coin Shops: Local coin dealers often have extensive inventories and can provide valuable insights.
- Online Marketplaces: Websites like eBay and Heritage Auctions offer many coins. Always verify seller reputations before purchasing.
- Coin Shows: These events are excellent for viewing a large selection of coins and networking with other collectors.
- Coin Clubs: Joining a club can provide access to group buys, swaps, and knowledgeable members.
Preserving Your Collection
Proper preservation is essential to maintaining the value of your collection. Consider the following tips:
- Storage: Use acid-free holders or albums to prevent damage.
- Handling: Handle coins by the edges and avoid touching the surfaces.
- Environment: Store coins in a cool, dry place to avoid tarnishing.
Conclusion
Starting a Lincoln cent collection can be an engaging and educational journey. By setting clear goals, educating yourself, and taking proper care of your coins, you can build a rewarding and potentially valuable collection. As you progress, continue to explore resources and connect with fellow collectors to enhance your experience.