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2009 Mint Set Lincoln Cent, Long Term Value.

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United States
467 Posts
 Posted 10/30/2016  3:50 pm Show Profile   Bookmark this topic Add oober to your friends list Get a Link to this Message Number of Subscribers
I know I will probably never realize the potential value in these, but in today's market. I see these going for approximately 8-10$ a set.

My goal is hopefully as my Grandchild grows up I hopefully can interest him in coin collecting, eventually turning the 30 or so sets I have accumulated.

What is the consensus of these in say 50 yrs or so? I know these will mostly be high grade, but I do see a lot in the market that have not toned well, and low mintage by today's standards.

Just wanted some thoughts from others, before I accumulate more high grade raw sets.
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BStrauss3's Avatar
United States
4591 Posts
 Posted 10/30/2016  4:18 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
$8-10

For reference, look at the "Brown Box Ikes" - heavily promoted at the time based on several earlier sets that had increased in value. Today, 40 years later, they're still selling for issue price.
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Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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T-BOP's Avatar
United States
18456 Posts
 Posted 10/30/2016  4:28 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Yes that is true ,but I'm taking a gamble like OP . I have about 12 OBW Roll sets P&D , LP-1 to LP-4 .
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Coinfrog's Avatar
United States
94367 Posts
 Posted 10/30/2016  4:51 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I tend to agree with Burton.
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GR58's Avatar
United States
11951 Posts
 Posted 10/30/2016  7:19 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
First ... depends on what 2009 sets your talking about.

Business strike Z Lincolns ... or the 95% copper cents from the
Mint and proof sets.

Many rolls of business strike coins have been saved. I am sure I have
at least 20 rolls. I put them away because I bought them at or near face.
FYI ... mint wrapped rolls are the better rolls.

Also ... if you have a good relationship with a dealer .. it may be possible
to buy 2009 mint sets near face value. Greysheet price is not very high.
I also have seen good buys for 2009 mint sets on ebay. 2009 set not only
have the 95% copper cents ... all the coins are satin finish.

I would not dump all my money into 2009 sets .... but if bought cheap
I don't think it would hurt to put a few sets away.
Edited by GR58
10/30/2016 7:20 pm
Valued Member
United States
467 Posts
 Posted 10/30/2016  7:43 pm  Show Profile   Bookmark this reply Add oober to your friends list Get a Link to this Reply
Mint set satin 95% copper.... I would never dump too much into them. But I think there is some value to picking up high grade non toned sets at <$8 a set for the 8 coins... It's somewhat speculative. But being the Lincoln set. A coin set that most beginning coin collectors may want to complete.

For a full set the collector will need these. I believe the mintage is below 1mil, so I do believe there may be some demand a few decades down the road. All we need is some of the Album makers is to include these varieties in the wares...

Thoughts?
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cwb's Avatar
United States
3463 Posts
 Posted 10/30/2016  8:10 pm  Show Profile   Bookmark this reply Add cwb to your friends list Get a Link to this Reply
For the 2009 Lincoln Cent made with the 95% Copper, 3% Zinc and 2% Tin alloy, the mintage is lower than even the 1931-S Lincoln Cent. BUT, they were all issued in special sets for collectors and not put out for circulation, so years down the road, they will most likely still be in uncirculated condition.

They are one of the lowest mintage business strike, Copper Lincoln cents in the series, the only lower mintage being the 1909-S V.D.B., but since they weren't put out for circulation, the price will probably stay close to the price of the lower mintage proof sets.

I wouldn't invest a lot into them, remember what happened with the 1999 Silver proof sets? They were bringing close to $400.00 for a time, but now they can be picked up for around $75.00. Rarer coins, as a rule, usually go up in price, but with the market today some collectors put a higher price on what they predict to be valuable tomorrow, which sometimes never happens, like with the 1999 Silver Proof sets.

It doesn't hurt to invest a little in them, but I wouldn't hold my breath waiting to get rich from them. Make sure you store the Zinc sets properly so they are still around in 50 years. I think the higher grade Zinc cents will be the coins sought after tomorrow, simply because Zinc cents don't weather well and some rot away rather quickly.

Here is a link to a page dedicated to the 2009 Lincoln cents: http://www.lincolncentsonline.com/2...20Cents.html

Hope this helps!
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jbuck's Avatar
United States
188213 Posts
 Posted 10/31/2016  2:11 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
My guess is that they will hold their value, but I would not expect them to go up much. Just my opinion.
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Canada
458 Posts
 Posted 10/31/2016  10:00 pm  Show Profile   Bookmark this reply Add Bigchip22 to your friends list Get a Link to this Reply
cdn sets most part are bettervalue
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Debrajc's Avatar
United States
4211 Posts
 Posted 11/03/2016  09:59 am  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
Thanks for the link cwb.
I had not realized there were 20 variations for the 2009 Lincolns.
I never added all of them up!
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cwb's Avatar
United States
3463 Posts
 Posted 11/03/2016  12:17 pm  Show Profile   Bookmark this reply Add cwb to your friends list Get a Link to this Reply
Yep, they take up a whole page of 2X2 holders!
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Dustin6's Avatar
United States
3516 Posts
 Posted 11/03/2016  12:52 pm  Show Profile   Bookmark this reply Add Dustin6 to your friends list Get a Link to this Reply
I think they wont go down, I bought a roll of the LP-2 and found 12 doubled dies out of that roll. So the investment of 2 dollars from my LCS counted
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