My Journey with the GTG 1899-O Morgan Dollar: Grading, Reslabbing, and Rarity
July 2, 2025A Lesson Learned: Don’t Make My Mistake with Auction Coins
July 2, 2025I’ve always had a soft spot for Lincoln cents, and “Save the Small Cent Sunday” feels like a kindred spirit to me. It’s about valuing these everyday coins not just as historical artifacts, but as little pieces of joy we collectors discover. After years of searching rolls and chatting with fellow enthusiasts, I’d like to share what I’ve learned along the way.
Why Small Cents Deserve Our Attention
With billions minted, you might ask why bother saving them? For me, it’s never been just about rarity. It’s the stories they carry. I still remember finding a common 1940s wheat cent in my grandfather’s toolbox—worn smooth from decades of use, yet priceless to me. That’s the magic. And when you stumble on errors like off-center strikes or clipped planchets? Pure collecting adrenaline.
Practical Collecting Tips and Insights
Hunting cents in circulation never gets old. Here’s what works for me:
- Start with change rolls: Some of my best finds came from $10 bank rolls. Like that 1958-D cent I pulled years back—still one of my sharpest wheat pennies.
- Watch for key dates: Keep an eye out for tough ones like the 1931-S (only 866,000 minted) or the legendary 1909-S VDB. Took me fifteen years to land my NGC EF-40 example!
- Embrace errors: Imperfections make treasures. I’ve saved dozens with die cracks or double strikes—they’re like nature’s own limited editions.
Mintage Figures and Rarity Realities
Numbers tell fascinating tales with Lincoln cents. While Philly pumped out over 1.4 billion in 1944 alone, some issues are genuinely scarce:
- Early wheat backs like the 1909-S VDB (484,000) remain holy grails
- Memorial cents flooded the market, but spotting varieties like the 1960 large/small date still feels like detective work
- Modern zinc cents? Common as dirt, but San Francisco proofs often have mintages under 3 million—worth tucking away
Honestly? I don’t lose sleep over shortages. We collect for love, not scarcity.
Cost of Production and Market Observations
That 3.69-cent production cost per coin? It sparks endless debates about phasing them out. Personally, I’d keep them in proof sets for collectors—they’re cultural icons. At shows, I’ve seen folks pay $5 for uncirculated 2025 cent rolls. With billions minted though, they won’t be rare in our lifetimes. My rule: chase quality, not quantity. A single gem red cent beats a bucket of corroded zincolns.
Grading Tips and Personal Highlights
Grading’s transformed how I collect. After submitting hundreds, I’ve learned:
- Condition is king: My NGC MS-63BN Lincoln didn’t come cheap, but that full detail matters
- Eye appeal wins: Surface quality and color shifts (red vs. brown) can double value—I always check under good light
My collection’s crown jewel? An 1856 Flying Eagle cent—later die state, but holding that first small cent design still gives me chills. And every time I unpack a VaultBox find, I feel like that kid staring at Whitman folders again.
Parting Thoughts
“Save the Small Cent Sunday” cemented why I love these coins. Whether you’re checking grocery change or bidding on a key date, that thrill of discovery never fades. Grab a roll this weekend—your next great find might be waiting.