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Questions About Some Of The Stuff I Seen On Lincolncentsonline.com

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Sunshinesray's Avatar
United States
37 Posts
 Posted 08/24/2016  9:14 pm Show Profile   Bookmark this topic Add Sunshinesray to your friends list Get a Link to this Message Number of Subscribers
Please move this if it's in the wrong place.

So the site talks about all of the different varieties of the 2009 penny but doesn't say if one is more sought-after or more valuable. Does anyone know if there is one?

It also talks about elongated coins. I have a few of those. Is there a way to know if they maybe valuable?

And counter stamped coins... I have one of those as well, it does say some find this a type of damage has there ever been any that were considered valuable? Does anyone know?

Also how can a coin have mint luster and have so much wear yet one without luster have barley any?

LOL I think that's it for now.
Thank you in advance!
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CoinCents's Avatar
United States
3656 Posts
 Posted 08/24/2016  9:27 pm  Show Profile   Bookmark this reply Add CoinCents to your friends list Get a Link to this Reply
I'll try to answer some of your questions.

On the 2009 LC's there are a lot of DDR's, I primarily use Wexler's (doubleddie.com) and Coppercoins.com. For the Wexler website the ones he marks as "Best of Variety" are the one you should get more for. On the Coppercoins website there is a table to the left of the listing images that show price guidelines. All pricing is dependent on the condition of the coin as well. Plus the buying community varies quite a bit, on some days the coin will only sell for 5.00 and the next 10 dollars -all depends on who your bidders are as well as how many of that variety are up for sale (supply & demand principles).

the counterstamped coins are basically a novelty and were popular in the 70's especially - I have a couple myself. No value unless you put it up on the Bay and someone likes it enough to pay a premium on it.




Questions-About-Some-Of-The-Stuff-I-Seen-On-Lincolncentsonline.com
Edited by CoinCents
08/24/2016 9:40 pm
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sonchild's Avatar
United States
83 Posts
 Posted 08/24/2016  9:38 pm  Show Profile   Bookmark this reply Add sonchild to your friends list Get a Link to this Reply
If you're interested in coin mintages and values, you can get a Red Book of US coins, basically everything you need or want to know about US coins is in there. Elongated coins that you get from presses at tourist locations and such are not worth anything but their sentimental value to you unless they're old, not made anymore, worth something to someone else, basically just like anything. I don't know much about counterstamped coins, CoinCents would know more than me. And the condition of coins all depends on what they're exposed to. A coin that is fresh from the mint, then tossed down a well and left there for 30 years would have practically no wear yet have no mint luster while a coin that goes through circulation yet never came in contact with water or any chemicals would be worn with pretty good luster.
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John1's Avatar
United States
56855 Posts
 Posted 08/25/2016  05:04 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Red Book is the last thing you want as a price guide. Use NumistMedia.com and ebay sold for values. Counter stamped and elongated coins have little to no premium.I think 2009 LP4 is a lower mintage.Can't answer your question on luster.
John1
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coop's Avatar
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62064 Posts
 Posted 08/25/2016  09:18 am  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
The ' Red Book' is like your family practice Doctor. It gives you facts and figures about coins, but if you need more information you need a specialist. There are different sites, and publications out there can help with a lot more. I would say that nothing covers everything. New things are being discovered all the time and added information is new things learned that won't be in publications already printed. So the best live information is found on the websites as information can be added when as time goes along. So if you just need the basics, then the ' Red Book' would help with that. But other information, you need a specialist.
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Buddy's Avatar
United States
7075 Posts
 Posted 08/25/2016  11:12 am  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
Some elongated cents are quite collectable -- like if they came from the 1893 Columbian Exposition.

See them on ebay: http://www.ebay.com/sch/i.html?geo_...ent_id=7&_od
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Sunshinesray's Avatar
United States
37 Posts
 Posted 08/25/2016  1:55 pm  Show Profile   Bookmark this reply Add Sunshinesray to your friends list Get a Link to this Reply
Thank you everyone! I'll definitely look into everything everyone mentioned.

I have so many sites saved right now, sometimes I feel like I information overload!

Sonchild that was an interesting way you described mint luster. I have never thought of it like that. Thanks! :)

I've assumed the luster was worn because of handling yet I have coins that are shiny yet pretty dinged up under a loop.

I wonder if the elongated coins are only valuable with a date?..
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biokemist6's Avatar
United States
12437 Posts
 Posted 08/25/2016  3:15 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Modern elongated cents are simply tourist souvenirs, they have little value beyond the 51 cents it cost to create it. However, ECs were first created at the 1893 Columbian Exposition in Chicago and there were several designs for the 1904 World's Fair in St Louis as well. Old ECs can have some decent value but they are generally confined to the pre-WWII era.

Modern counterstamps are also strictly novelties. In the 1800s, counterstamps were a method of business advertisement and some of the early identifiable counterstamps have a value that can greatly exceed the numismatic value of the host coin. Age and ability to attribute make all the difference in value.


Quote:
Also how can a coin have mint luster and have so much wear yet one without luster have barley any?

A coin with significant luster cannot also have significant wear, that is completely contradictory. You may be confusing a weak strike or a coin Struck Through Grease as having sustained significant wear. Luster is created by radial metal flow at the time of striking. Once a coin is worn below EF, the luster is also worn away. However, luster can be stripped from an otherwise unworn coin through environmental damage or cleaning.
Edited by biokemist6
08/26/2016 12:43 pm
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Sunshinesray's Avatar
United States
37 Posts
 Posted 08/25/2016  10:07 pm  Show Profile   Bookmark this reply Add Sunshinesray to your friends list Get a Link to this Reply
Thank you Biokemist for clarification. What you said makes perfect sense now to me. Thank you.
Edited by Sunshinesray
08/26/2016 5:08 pm
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