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Posted 02/28/2012 8:20 pm
While I do believe that the quantities minted of the modern coinage is huge enough to prevent rarity, I do believe that where you live and the distribution pattern of '09 pennies will create rarities by location. The western states will see more Denver coins that Philadelphia, and vice versa for the eastern states. The total mintage for lp4 is actually quite low, less than half of the mintage of any other version of the '09 penny.
As I search the rolls in SW Fl I'm only coming accross maybe 1 or 2 2009 penny per roll. I've only come accross less than 600 such pennies out of 68 boxes of pennies, with lp4 being the least found penny from either mint. Most of the ones that I have found come from Philadelphia.
I saw a thread somewhere that broke down the geographic distribution of these coins. LP4 was supposedly heavily distributed in Puerto Rico and the Midwest. Further I would not be surprised to learn that there are a lot of these coins still in FRB vaults somewhere.
As an aside the 2009 penny, nickel, and dime have supposedly suffered from low mintage due to economic conditions. That and the probability of significant quantities still in the FRB vaults all add up to the possibility that 2009 common minted coins are not at all well distributed in circulating coins.
If I was a gambling person I would squirrel away all the 2009 coins that I found as I find them. I'm doing that right now with both the pennies and nickels.
As I search the rolls in SW Fl I'm only coming accross maybe 1 or 2 2009 penny per roll. I've only come accross less than 600 such pennies out of 68 boxes of pennies, with lp4 being the least found penny from either mint. Most of the ones that I have found come from Philadelphia.
I saw a thread somewhere that broke down the geographic distribution of these coins. LP4 was supposedly heavily distributed in Puerto Rico and the Midwest. Further I would not be surprised to learn that there are a lot of these coins still in FRB vaults somewhere.
As an aside the 2009 penny, nickel, and dime have supposedly suffered from low mintage due to economic conditions. That and the probability of significant quantities still in the FRB vaults all add up to the possibility that 2009 common minted coins are not at all well distributed in circulating coins.
If I was a gambling person I would squirrel away all the 2009 coins that I found as I find them. I'm doing that right now with both the pennies and nickels.
