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Lp1'seeem To Be Climbing In Price

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United States
37 Posts
 Posted 06/06/2009  5:40 pm Show Profile   Bookmark this topic Add stevep to your friends list Get a Link to this Message Number of Subscribers
I have noticed that the LP1's in mint rolls seem to be climbing back up in price on ebay.
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Gary Burke's Avatar
United States
3730 Posts
 Posted 06/07/2009  02:13 am  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
I only have LP2's. Bank rolls. Any idea on how they are doing on ebay?
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BadThad's Avatar
United States
19931 Posts
 Posted 06/07/2009  6:59 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
They should be, sold out months ago, limited roll mintage/production, quickly hoarded up by collectors.
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eaglefoot's Avatar
United States
6326 Posts
 Posted 06/08/2009  08:52 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply

Quote:
I have noticed that the LP1's in mint rolls seem to be climbing back up in price on ebay.

Here's to hoping that continues for many many many decades ! .....
The LP1 design will obviously be "the one to have" of the four......of course I'm going to have all four regardless !
Edited by eaglefoot
06/08/2009 08:53 am
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Morgans Dad's Avatar
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5604 Posts
 Posted 06/08/2009  09:25 am  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
With the LP1 being the apparent star of the (4), I would hope this does do well and can only wonder, how much a set of the 4-coins will be worth, in U S Mint rolls, ??
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John1's Avatar
United States
56855 Posts
 Posted 06/08/2009  09:52 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I was wondering about the mintage's for the LP1-LP4.
What was the mintage's for the LP1's and will the mint lower the mintage's for the rest of the series? If so then the LP2,3,4 should have more of a value then the LP1? Just wondering
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biokemist6's Avatar
United States
12437 Posts
 Posted 06/08/2009  10:43 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
634.8 million of LP1 were minted and the current mintage of LP2 is 510.8 million(end of May), that number could still rise as they can be minted for one more month. Current sales for the LP2 rolls(as of 5/31) are at 237,365.
Edited by biokemist6
06/08/2009 10:45 am
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eaglefoot's Avatar
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6326 Posts
 Posted 06/08/2009  10:47 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply

Quote:
I was wondering about the mintage's for the LP1-LP4.
What was the mintage's for the LP1's and will the mint lower the mintage's for the rest of the series? If so then the LP2,3,4 should have more of a value then the LP1? Just wondering


Someone will have these numbers quick enough.......but I would just say that there is a difference or ...."seperation".... between the "two roll Sets" packaged by the Mint and the "Stringer rolls" sent out to banks for "business strikes" released for circulation.....though.......they're ALL under the umbrella of a "total mintage coins struck limit". This is to say, if you put a different value or interest on the "Mint wrapped Sets" vs. the "String rolls" sent to banks for general circulation.
The first "LP1" design (two roll set) only had about 100,000 made and then "sold out". The Mint more than doubled that "production" limit for the LP2 design, seeing that there was so much of a demand for these in the "collector world".....but they will not necessarily "raise the mintage limit" on any or all of the designs for this......they just might "package more" of the two roll sets "within" the mintage limit already set for all of these.....but I'm not sure.
But, speaking just strictly of the two roll Sets and not the "general circulation" strikes (same coin, but one is "officially packaged" by the Mint and one is sent out for "general circulation").....they have "dramatically" INCREASED the output of the two roll Sets......so......the LP1 remains the "low mintage" so far when looking at it that way....
Edited by eaglefoot
06/08/2009 10:56 am
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