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Lp1-Lp5?

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Pillar of the Community
United States
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 Posted 06/23/2010  08:48 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list

Quote:
Lincoln's LP1-LP5, which would one want to hoard for potential value in the future if any and which mint?

The "Copper" ones ! .....

Of the Business strikes.....I'd say any one of these in true BU problem free condition would be a "future value" keeper. Otherwise, I don't know if there will really be a whole lot of attention in differentiating the value between LP1-LP5 at any time in the near future. The mintage numbers on any of them are not really low enough to warrant a focus on a particular one, I don't believe. But whatever the future value would/could be.....I would think, in this case, that it would be "CONDITION" rather than a "low mintage" consideration, given the issues with the spotting of Zincolns.
Bedrock of the Community
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 Posted 06/23/2010  11:13 am  Show Profile   Bookmark this reply Add BadThad to your friends list
The LP4 has the lowest mintage last I checked. However, there's huge numbers of these hoarded in BU state. I don't think we'll ever seen any decent appreciation ever. Collect them because you like them, not because you think you'll be rich from them someday.
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 Posted 06/23/2010  11:54 am  Show Profile   Bookmark this reply Add Namachieli to your friends list
2009 Dimes/ nickels... thats what you should hoard. people basically ignored these because of the new cents... Collectors have figured this out, but not the general public.
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 Posted 06/23/2010  12:17 pm  Show Profile   Bookmark this reply Add Neil to your friends list
LP4 P for bank rolls. LP1 for mint sealed white boxes.
Edited by Neil
06/23/2010 12:17 pm
Valued Member
United States
70 Posts
 Posted 06/23/2010  1:11 pm  Show Profile   Bookmark this reply Add guitarmonkee to your friends list
LP-4 P seem to be the ones to save,low mintage.
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 Posted 06/23/2010  1:53 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list
All of the business strikes had mintages large enough that you will not see a real premium for decades(you can still purchase BU 1950s wheat rolls for a few dollars as an example). I am not saying don't save them, I have a number of rolls myself, but do not look at them as an investment or you will be sorely disappointed.

Eaglefoot hit the mark though, I think the copper Lincolns in the 2009 Mint Set will be the real winners with mintages of less than one million.
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 Posted 06/23/2010  3:47 pm  Show Profile   Bookmark this reply Add SA4H to your friends list
I have to agree with biokemist6 (against).
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 Posted 06/23/2010  4:39 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list
If you have them put them into 2x2's and you can sell them at flea markets for $.50 each at least.
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 Posted 06/23/2010  9:38 pm  Show Profile   Bookmark this reply Add guitarmonkee to your friends list
Ummm...stupid question I guess,but 2009 they made 4 different designs...LP1- LP4...what the heck is a LP5? Are you calling the 2010 design LP5? The 2010 cent is not part of the Lincoln bicentennial series...is it? I thought it was seperate.
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 Posted 06/23/2010  9:56 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list
The US Mint lists the catalog number for the 2010 P&D Lincoln roll set as LP5
Valued Member
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 Posted 06/24/2010  12:39 pm  Show Profile   Bookmark this reply Add guitarmonkee to your friends list
Oh ok...thanks biokemist!
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 Posted 07/16/2010  11:13 pm  Show Profile   Bookmark this reply Add johnstac to your friends list
Here in WA, I have found mostly LP1 and a few LP2. Mintage numbers for LP4 are less than half of all of the other variations.
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 Posted 07/16/2010  11:26 pm  Show Profile   Bookmark this reply Add upstate to your friends list
I totally agree with BADTHAD on this topic. He hit the nail on the head.
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 Posted 07/17/2010  12:53 am  Show Profile   Bookmark this reply Add matchbox to your friends list
Here are the 2009 Lincoln Cent mintages.

Lp1-Lp5??


2.3 billion pennies is a low amount for any year, and considering there are 8 different coins ..... counting the 4 designs and both mints, they are rare.

Lincoln Cents total mintage 1990-2009

2009 - 2.3 billion total
2008 - 5.3 billion total
2007 - 7.3 billion total
2006 - 8.1 billion total
2005 - 7.2 billion total
2004 - 6.7 billion total
2003 - 6.8 billion total
2002 - 7.3 billion total
2001 - 10.3 billion total
2000 - 14.3 billion total
1999 - 11.6 billion total
1998 - 10.2 billion total
1997 - 9.2 billion total
1996 - 13.1 billion total
1995 - 13.5 billion total
1995 - 13.5 billion total
1994 - 13.6 billion total
1993 - 12.1 billion total
1992 - 9.0 billion total
1991 - 9.4 billion total
1990 - 11.8 billion total
Edited by matchbox
07/17/2010 12:55 am
Valued Member
United States
162 Posts
 Posted 07/17/2010  09:54 am  Show Profile   Bookmark this reply Add lorax to your friends list
I think all the 2009 coins (pennies, nickels, dimes, and quarters) were pretty heavily hoarded. I doubt that any of them will increase in value that much just for being uncirculated. High grade MS ones should do well because there will be a lot of interested in them. I'm keeping nice ones, not because I think they will go up in value but because I think they will make interesting conversation pieces or gifts to young kids interested in coin collecting.
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