What's The Story On 2009 Cents?

They also have a lot of errors, apparently.

There is a lot of minot DD's for this date, plus low mitages! The 2009 Presidancy from 'Philly still escapes me after over $500 in boxes of pennies

Any links for variations (images of differences) that someone could share? Or just a good overall site I could check out. Thanks for the tons of quick replies. Now I just need to find a few.

I have went through at least 10 boxes and could never find AU/BU presidency cents. I ended up breaking down and buying some original bank rolls on ebay at a pretty steep premium the other day.

Spent $39 on the following rolls..

1 P-mint Birthplace
1 D-mint Birthplace
1 P-mint Formative
1 D-mint Formative
2 P-mint Professional
1 D-mint Professional
2 P-mint Presidency
3 D-mint Presidency

12 rolls in total. Pretty steep at over 6x face value but I didn't want to risk it.. both P and D mints of the presidency had less than 200 million a piece (to put in perspective most other years have atleast 1 billion with some being up to around 8 billion). It might take 50 years but I think these will be fairly valuable in the future. As oober said, my grandchildren will hopefully appreciate it. If anyone knows of a cheaper place to get presidency BU rolls let me know :)

We got you covered right here...

http://www.coincommunity.com/us_sma...ntennial.asp

It's a case of low mintage -> hoarding -> artificial rarity -> inflated prices -> they will never circulate freely.

Despite a total mintage of over 2 billion, the public announcement that 2009 production figures would be low, plus the novelty of the first new design since 1959 led to huge demand for these coins. Since they arrived at their various channels by the box (which could be snatched up for a mere $25 each) very few ever made it to circulation. The heyday was mid-2009 when ebay was flooded with boxes going for $350+ each, often with dozens of bids. Most people who own boxes refuse to acknowledge that they are no longer worth $350, let alone $30-50 which is closer to the fair market price.

And yes, the coins (especially LP-2) are a hotbed for doubled dies. Coppercoins.com lists over 100 for that year, 80+ of which are LP2.

As for their rarity in circulation, I'll admit that I've done my part in contributing to the problem:

I went through my sets as I'm selling a lot of my US Mint stuff at the moment (click the link just above my post if you're interest - no reserve auctions) and noticed that the Proof Bicentennial Pennies have toned quite a bit.

Does anyone know why that is? Did they have a different composition, or were they minted differently. No other penny has toned that bad/well, incl. those minted in 1999 (earliest I have).