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Replies: 22 / Views: 4,434 |
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Valued Member
United States
57 Posts |
I've been hearing that 2009 in all denominations are scarce. I have been stashing 2009 pennies, but should I start collecting all 2009 coins? 
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Moderator
 United States
56855 Posts |
It wouldn't hurt to keep a few of each denom in the highest grades you can find,but with so many people hoarding them there will not be a big premium for some time to come. John1 
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Bedrock of the Community
United States
17884 Posts |
The nickels, dimes, and to a lesser extent the quarters are all scarcer than other years, but they are not of much more value than the other coins. And since a LOT of people are hoarding them for the same reason you are, the chances of them ever rising much in value is not great because most of the mintage will survive and most of those in better grade..
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Bedrock of the Community
 United States
12816 Posts |
While scarcer, there are still hundreds of millions in existence. Rough math below:
Cents: ~2.35B Nickels: ~87M Dimes: ~150M Quarters: ~636M
These will show up as people start dumping them in coming years for various reasons. I have a tube of each of the finest examples I've found from CRH.
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Pillar of the Community
United States
6130 Posts |
Here's my breakdown:
Cents: LP-1 (log cabin), LP-2 (formative), LP-3 (professional): Keep only if uncirculated. There are 100+ known varieties of doubled die, but I only consider 2009 LP-2 DDR-001 (full extra thumb) to be worth the effort to search for. LP-4 (Presidency): I have only ever found 5 in any grade, so these are obvious keepers for me.
Nickels: Keep all. These are pretty hard to find.
Dimes: Keep only if in MS. I have about a dozen stashed away.
Quarters: DC: There are a couple varieties (doubled piano keys), but regular quarters are not rare enough to keep if circulated. Puerto Rico, Guam, Virgin Islands, Samoa, and Mariana Islands are a little harder to find, with Mariana being the hardest. I keep any that are very lightly circulated.
Half dollars never entered circulation, so 2009s are obviously worth keeping
Dollar coins are no more rare in 2009 than 2008 or 2010. Not worth keeping.
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Pillar of the Community
United States
3463 Posts |
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Pillar of the Community
United States
997 Posts |
I rarely see 2009's in circulation and snag them when I do.
I recently searched $50 worth of cents and I found only 4 2009's. I found more Canadian cents in the same boxes, heck even more Pre-1940 cents were in these two boxes than 2009's.
I had a similar experience in prior boxes as well as a couple nickel boxes I searched.
Either they are hoarded, stuck in some distribution channel someplace or something...
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Pillar of the Community
United States
3463 Posts |
I have about the same search results here in Iowa. What part of the country are you in?
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Pillar of the Community
United States
997 Posts |
Quote: I have about the same search results here in Iowa. What part of the country are you in? Suburban Phoenix now but I had similar results when I lived in suburban Chicago up til last spring.
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Pillar of the Community
United States
6130 Posts |
All 2009 coins are hoarded. Heck, even I have about 8 rolls of LP-1, 15ish rolls of LP-2, and 2 rolls of DC quarters. I've seen ebay listings of "one BU roll from stash" with EIGHT BOXES of 2009 nickels shown.
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New Member
United States
4 Posts |
This is actually the topic that caused me to search out an active coin message board and sign up. haha
I'm new to the hobby (see post in "Introduce yourself" forum), and currently am just trying to build sets of current series pennies, nickels, dimes, and quarters.
It has frustrated me that I can't find a single 2009 penny. I mean, there were billions minted! Here are my questions: The 2004-2005 nickels were basically the same concept, right? So why is it I can find those easily enough, but there are no 2009 pennies to be had? Why is everybody seemingly hoarding 2009 pennies, but not 2004-2005 nickels?
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Bedrock of the Community
United States
19935 Posts |
Quote: 2009 LP-2 DDR-001 (full extra thumb) to be worth the effort to search for. Here's my xtra thumb stashed away in an airtite.   
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Bedrock of the Community
United States
19935 Posts |
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
Edited by BadThad 09/30/2015 11:55 pm
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Pillar of the Community
United States
3463 Posts |
I have gathered all 20 different varieties of the 2009 Lincoln Cent. One year fills a whole page of a binder!
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Bedrock of the Community
United States
19935 Posts |
Quote: One year fills a whole page of a binder! It's pretty darn cool how that worked out, eh? 
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Pillar of the Community
1325 Posts |
ebay and the low mintage is why they are more scarce. Whoever got lucky enough to find say a whole box and sat on it for a while can now get those rolls out to people who otherwise have no way to find them for quick short-term profits. There is less than 3 nickels from 2009 for each man woman and child in the US. 1/8th minted vs 2008 or 2010. It isn't really about years away, people want the things NOW to fill the holes NOW and have trade bait, even if for something else strange and worth little. There is less than 9 million 1999-P Kennedy halves and people don't hoard them and they are all in bad shape that I have seen. What it shows slightly is people will collect rarer things. Something they think there is not enough to go around so everyone can have one. so PDub, when it comes to 2009 people know they were seeing less and started keeping more. But with Westward Journey series nickels they still made about 400 million of each mint mark for each year. That's 800 million coins per year compared to 80 million for 2009 To get the pennies you really only need to get boxes of pennies and go through them. Quarters are plentiful out there except that one Island with the D mintmark. halves, who knows if anyone is really stockpiling those, its only nickels and dimes because so MANY nickels and dimes exist. 1964 alone had over 2 billion nickels minted! Dimes only had 150 million total. Just keep looking you will find the 2009 pennies. Also consider Littleton probably has the majority of them since they have sets they give with just about everything a first time buyer from them can get in one of their newspaper ads.
Edited by shadz 10/02/2015 03:37 am
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Replies: 22 / Views: 4,434 |