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 Replies: 17 / Views: 2,693 |
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Pillar of the Community
United States
1283 Posts |
I'm looking to purchase all eight of the 09 Lincoln Rolls (P&D all four designs). Here's one I've been watching. They're stock photos (which I don't mind for fresh mint rolls) but look at the roll design. Now look at the roll design on this LP1 auction. http://cgi.ebay.com/2009-Lincoln-Ce...in_W0QQitemZ130359826645QQcmdZViewItemQQptZCoins_US_Individual?hash=item1e5a0d18d5 Can someone explain the difference? In general I kind of need a Rolls 101 class, as I've never purchased a roll before. The LP1 alone is already bid up to $69? |
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Pillar of the Community
555 Posts |
The Mint only produced 100,000 boxes of LP1 (P&D) rolls in this special wrapper. They cost $7.95 at the first of last year. Upon selling out they went to $125. $70 is a normal price to pay. However if you buy all 4 sets together you can get them for $100, with just one shipping charge. Maybe you just want BANK wrapped rolls which can be had for a few dollars. Only difference is the wrapper. The premium is mint wrapped roll vs. bank wrapped roll. Capeche?
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Rest in Peace
 United States
1380 Posts |
I think you are seeing mint wrapped rolls versus bank or armored car company wrapped rolls. The cents inside are no different. You usually pay a premium for mint wrapped rolls, which is what you are seeing with that last auction. Whether the premium is worth it only you can answer. I don't feel it is myself, and take the mint wrapped rolls I get and take them out of the paper to put in square tubes. Probably would cost me, but I'm not buying for resale.
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Rest in Peace
United States
1380 Posts |
Curses. Everytime I try to answer, someone else does it at the same time and beats me.
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Pillar of the Community
 United States
1283 Posts |
Thanks, Neil. So you're saying I can get all four P & D in the special wrapper for $100 bucks? Where?
I would actually like to have the special mint wrapper and I don't mind paying for it.
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Pillar of the Community
United States
1042 Posts |
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Pillar of the Community
United States
1283 Posts |
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Valued Member
United States
133 Posts |
Quote:
The cents inside are no different. You usually pay a premium for mint wrapped rolls, which is what you are seeing with that last auction. Correct me if I am wrong. I think I seen somewhere that the rolls you buy from the mint are 95% copper(same as pre 82). I could be wrong, ill try to find where I read that. Yes the LP3 and LP4s are still avai on the usmint.gove website |
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Valued Member
United States
133 Posts |
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Pillar of the Community
United States
1042 Posts |
Jason11006,
The 95%'ers were only issued in proof-sets. The rolls are zinc if I'm not mistaken.
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Pillar of the Community
United States
920 Posts |
I think the 95% copper version are only in mint sets.
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Valued Member
United States
133 Posts |
Quote:
These coins will be issued for circulation in quantities to meet the demands of commerce. In addition, the Secretary of the Treasury shall mint and issue numismatic one-cent coins in 2009 with the exact metallic content as contained in the 1909 one-cent coin (95% copper, 5% tin and zinc). These numismatic versions will be included in the United States Mint's annual product offerings. the quote above is from the usmint.gove website. it says annual product offerings. so this could mean just the mint sets, as rolls of pennys like this were not offered annually it was a one time deal. the way I took it when I bought mine from the mint was that they are gonna be 95% copper. but I could be wrong. maybe someone can figure out for sure. |
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Pillar of the Community
United States
1042 Posts |
Quote:
Reverse inscriptions will continue to include "United States of America," "E Pluribus Unum" and "One Cent." And the four 2009 Abraham Lincoln one-cent coins will maintain the same metal content (2.5% copper, balance zinc) and other specifications as the current one-cent coin.
These coins will be issued for circulation in quantities to meet the demands of commerce. In addition, the Secretary of the Treasury shall mint and issue numismatic one-cent coins in 2009 with the exact metallic content as contained in the 1909 one-cent coin (95% copper, 5% tin and zinc). These numismatic versions will be included in the United States Mint's annual product offerings. methinks that the US Mint needs a lesson in paragraph structure. The first sentence in the second paragraph belongs at the end of the first paragraph. IMO Reverse inscriptions will continue to include "United States of America," "E Pluribus Unum" and "One Cent." And the four 2009 Abraham Lincoln one-cent coins will maintain the same metal content (2.5% copper, balance zinc) and other specifications as the current one-cent coin. These coins will be issued for circulation in quantities to meet the demands of commerce.
In addition, the Secretary of the Treasury shall mint and issue numismatic one-cent coins in 2009 with the exact metallic content as contained in the 1909 one-cent coin (95% copper, 5% tin and zinc). These numismatic versions will be included in the United States Mint's annual product offerings.
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Pillar of the Community
555 Posts |
Quote:
So would you guys say this is a fair price, or at least not outrageous? When I check completed listings for the past week, the 8 or so sales range from $108 to $160. Looks fair to me. Edited by Neil
01/24/2010 1:11 pm
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Pillar of the Community
555 Posts |
The 95% copper version versions are only in proof and mint sets plus the 4 coin proof set and the Lincoln coin and chronicle set.
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Valued Member
United States
58 Posts |
These are simply the Mint rolls. I purchased some of these from the mint last year. I think they were like $8 last year when I bought them. I personally think that the only benefit to this wrapper is you are 100% sure that it is a complete roll of new lincolns and not a bank roll with "filler" cent in it.
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Replies: 17 / Views: 2,693 |
Posted 01/24/2010 11:04 am
