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 Replies: 22 / Views: 2,125 |
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Pillar of the Community
United States
5614 Posts |
Conder101, I would agree that the 2008 with the 2007 reverse was the coin of the time to try to obtain, I paid 235.00 for the original mint coin, all original paper-work and I last saw the coin was selling around 375-450, I am not sure of other references but the Numismatic News Monthly Price Guide states this coin is selling at $465.00, I like that, and I paid IMHO, to much for the coin, some people were lucky to of received this coin from the U S Mint and sold them for a nice profit, and I hope this does nothing but hold or rise in price, and come to think about it I have not heard a word about the coin in a long time also, but it still does well.not all coins will do as well, just I feel this year will be remarkable..... I also feel that the 2009 Craze will hold a good premium for most of the years products, with all the anniversary hype and the 4-version copper/tin mix coins, I believe this year will be a special year for coins and the Numismatic world, just my opinion.....  |
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Pillar of the Community
United States
6326 Posts |
Quote:
Will the 2009 cents carry a premium beyond this year? Yes.  |
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Pillar of the Community
United States
3294 Posts |
They might have a premium in 1 year, but in 5 years, they will be worth 1c each (and that 1c will be worth less then 1c today too)
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Pillar of the Community
United States
2734 Posts |
I'm not saying you could (or should) 'bet the farm' on the 2009 Cents, but the situation is a lot different than it was for the State Quarters. Most specifically, the possibility that the 2009 coins (1˘,5˘,10˘) may not ever be distributed in large numbers 'at once' to banks and thus to circulation, as has been true in years 2008 and prior. Zinc Cents are also notable for faring poorly in circulation. I managed to find a 2009-D Log Cabin Cent in my change yesterday that was already down to about AU-50. The worst State Quarters just look 'worn out', but the worst zinc Cents are very ugly looking!  At minimum, anyone lucky enough to get BU rolls of 2009 Cents at face value should save them. IF larger numbers of BU rolls arrive later this year, you could always spend them. If BU rolls of new coins continue to be a rare commodity for the next several years (which is quite possible), you'll benefit. PS: The hype has died down for the 2008 "Reverse of 2007" A.S.E., but that is a genuinely rare variety and it should hold up well in the long term. Edited by DNA
05/07/2009 12:20 pm
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Valued Member
United States
377 Posts |
just my 2 cents worth
I believe that all Mint sold Items will maintain the Premium they were sold for. The special Set will increase because of the Sell Out.
The Lincoln 2 roll set will increase slightly, again because of the Sell Out
The Lincoln Commemorative will increase because of the Sell Out.
The Proof and UNC. sets will demand a premium as it is the only way to get copper cents, a once in a life time opportunity
The bank rolls of circulating cents will become hard to find and may increase slightly but well below the mint rolls.
The rolls with canceled stamps, Not being a stamp collector I have no Idea, I don't see them worth any more then any other bank roll. To me the canceled stamp proves that the original owner got them at cost.
I do believe that 2009 is a great year to be a Coin Collector
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Pillar of the Community
United States
6326 Posts |
 ..... with Wif99 .... ....... YES ! ... (except I'm unsure as well about the "stamped" ceremony rolls....these could/should have some extra value......it's just that it's unknowable at this time really. A nice view of all of these hypothesise will be to just wait until late in 2010 and late in 2011 to see how everything is doing.....where'd I put that crystal ball now > .. ) Edited by eaglefoot
05/07/2009 1:12 pm
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Valued Member
United States
292 Posts |
I believe they will hold a premium simply for the facts of one year design, love of Lincoln, relatively low mintages and because of the slowness of distribution from the Fed...I believe these will all contribute to keeping a premium on these coins. That being said, I am looking at a bicentennial quarter sitting on my desk...
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Valued Member
United States
295 Posts |
I think they will hold their interest and increase in demand for the next 5-10 years...They are just eye grabbing and fun to look at
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Pillar of the Community
United States
6326 Posts |
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That being said, I am looking at a bicentennial quarter sitting on my desk...
Ahhhhh....but then the Lincoln Cent is by far, the most collected coin in the country........not the quarter.... |
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Pillar of the Community
United States
2600 Posts |
Sacs, Ikes, State Quarters, gold dollars, new nickel design and now Lincolns. They mint a bazillion and then start planning their next attack on collectors. OK, I said it, Hope I did not offend anyone, sorry.  That said, I am willing to bet that if you take the money you spend and put it money markets and you will be way ahead of the game. Or, better yet, if you want to invest in coins, buy a Lincoln key date. Then you can't lose. Jim Edited by Jim1953
05/08/2009 10:15 am
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Pillar of the Community
United States
4541 Posts |
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Or, better yet, if you want to invest in coins, buy a Lincoln key date. Then you can't lose. I agree with most of what you said but to buy a key date and think nothing will ever happen is false I think. If the market collapses that key date want be worth anything IMHO. B/c if that happens noone will be wanting to spend all that money on a key coin |
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Pillar of the Community
United States
5614 Posts |
Numismatic News-May 12, 2009, Title for the Formative year release @ Lincoln City, IND, " Numismatic Woodstock". How many people will show up at this Ceremony, by most accounts tooooo many probably. I would also state this reflects the value of this years Lincoln Cents, ALL of them. I believe they will, like most 2009 released Lincoln coins, hold there value and quite possibly rise some, this all is "somewhat" dependent on if and when the Feds release the Hoards of the Cents they have tucked away, bending the floors in the vaults across America.Either way, I believe the coins will be always 'Hunted".....  ...PS:See you at the Ceremony.... |
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Valued Member
United States
60 Posts |
I think it will hold a minimum premium over time. However, I think my heirs will be glad I purchased the Cabin rolls from the mint.
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Pillar of the Community
United States
6326 Posts |
Quote:
I think my heirs will be glad I purchased the Cabin rolls from the mint.
Especially the unopened "two Roll Sets" ! .....  (Not so much the bank rolls....because more and more it's being discovered that they aren't all log cabin Cents in there !  ) The ol' " premium on the U.S. Mint paper/packaging" debate.......... Might just be valid this time !Edited by eaglefoot
05/11/2009 09:51 am
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Valued Member
United States
116 Posts |
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I think they will end up like the bicentenial quarters after a while Ditto - Agree completely! |
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Posted 05/07/2009 10:36 am
