Lincolns

Before then, it's called speculation.

Lincoln Cent errors rock. They should see a nice price increase as well.

error

" Why should Lincoln cents prior to 2009 change value after 2009?"

Because,since 2009 is the 100th anniversary of the Lincoln Cent and the mint
is redesigning the coin that year,it will draw attention from non collectors
(for various reasons)and novices who will pay more attention to the Lincoln series.They will strive to purchase Lincolns,increasing demand and causing
the price to rise.

I said no primarilly because of the choice of the word "skyrocket". If the question had been posed as "will the price increase" I would have said possibly. I agree with Metalman that the keys will probably see some price increase. There will definitely be some new collectors because of the new designs but I would not think there would be enough of an impact on the supply of Lincolns to cause a dramatic shift in prices. If I am wrong though, I have hundreds of pounds of cents to sell.

Jim

I said YES, although I'm not sure about "skyrocket", but prices will rise. I've been having a difficult time finding some higher grade Lincolns right now. On ebay and Heratige the prices are becoming insane. Mintage figures don't mean a whole lot, look at the 1909P (no VDB) and the 1931, 1931D, 1932 and 1933 in BU. They are a serious pain to find! The mintage of the 1909P was pretty high, but not many people hoarded them back then....it was all about the VDB for speculators. I found tons and tons of 09VDB's in BU, it was easy. However, the 1909P has proven quite difficult to find in a quality BU coin.

As a huge Lincoln fan, I am very excited about 2009 and the attention it will bring to the hobby. As was said before, the casual collectors and speculators will come out and drive prices up just because it's in the news.

Look at Washington quarter prices...before and after the State Quarter program. A great example of new collectors hitting the market. Same thing will happen with Lincolns.

The difference will be, the quarter program lasted 10 years, Lincolns will not.

C'mon, people. I hope you don't think that the change of the Lincoln Cent design is somehow going to change the numbers of trillions of cents minted from 1909 through 2008. Sure, there's gonna be a psychological factor with a design change, but that isn't gonna suddenly make, say, a 1951D Lincoln (mintage 625 million) any less common. It MIGHT make a key Lincoln 1909 S-VDB or a 1931S or an error temporarily increase in value but only because the design change has brought a little more attention to them. And sure, added attention to Lincoln cents (or any other coin) due to the design change will bring in more potential collectors and hence more demand on the less common and rare Lincoln cents, but a skyrocket rise for the common Lincolns? Puhleezz. Supply (307 billion) and demand of a 1937 Lincoln wheatie cent will still remain the same as will most of the other Lincoln cents. Anyone who buys, say, a 1967 Lincoln Cent (3 billion mintage) for an additional premium merely because the same series design is no longer being minted will likely be willing to buy (at a discount) that bridge I still have for sale.

I voted no, but they may go up a little. In the late 80's I purchased a bag of wheaties for about 80 bucks, which is only about
1 1/2 cents apiece. That was a full 30 years after their mintage ceased.

I could see the 1909's going up a little. I figure someone will make little plastic holders with a space for a 1909 and a 2009. But I don't think anything drastic will happen.

I'm not too familiar with the design change. Will it be permanent, and will it affects both sides of the coin? That would affect price increases too.

Prices are already going up, but I assume that is dealers stocking up in preperation for the public's new found desire to collect pennies. By the way, I'm betting we go to steel for the 2009 pennies.