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Rumor Has It 2017 P MM Shield Has Value

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75 Posts
 Posted 12/18/2018  6:44 pm Show Profile   Bookmark this topic Add Commander to your friends list Get a Link to this Message Number of Subscribers
I put no stock in rumors so I'm asking those of you that would know. True or false about a premium for said coin.
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Fuzzy317's Avatar
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14463 Posts
 Posted 12/18/2018  6:49 pm  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
Are you talking about the cent produced in 2017 that had a P mintmark for Philadelphia. They produced 4361.22 million of them. Is your coin unique in some way?

EDIT - updated production number
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T-BOP's Avatar
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18456 Posts
 Posted 12/18/2018  6:52 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Maybe for only a mint error ,not for the 17-P itself ,too many produced to have value .
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basebal21's Avatar
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 Posted 12/18/2018  7:44 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
In the highest grades yes
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John1's Avatar
United States
56855 Posts
 Posted 12/18/2018  7:57 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
MS68 and higher.
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basebal21's Avatar
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 Posted 12/18/2018  8:01 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
MS 66 is a $10-20 dollar coin so there's certainly some value there, but MS 67 is what normal submitters would need to turn a profit.
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Ballyhoo's Avatar
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1613 Posts
 Posted 12/18/2018  9:05 pm  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
Only if it escaped getting the anniversary mint mark.
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spru's Avatar
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 Posted 12/19/2018  01:19 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
As mentioned, only if the coin is very high grade, as is the case with most other modern circulating coins. The mintmark itself doesn't make it valuable. Like Fuzzy317 pointed out, the mintage was well over 4 Billion. Yes, the coins that actually circulate degrade quickly, but there is no doubt many collectors/dealers/prospectors hoarded rolls/boxes of them speculating on a future market.

I think the only chance for the 2017-P cent to have notable value is in conditional rarity. Well circulated, undamaged examples will be very difficult to find. I'm not sure the usage of cents will last long enough for even that to happen.
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 Posted 12/19/2018  08:14 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Yes that one will be worth a lot of money in about 300 years.
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 Posted 12/19/2018  08:28 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
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jbuck's Avatar
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 Posted 12/19/2018  09:48 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Yes that one will be worth a lot of money in about 300 years.
If it does not disintegrate in that time.

I think high grade Zincolns will go way up in value since the super majority of the billions minted are not being properly preserved and will inevitably turn to dust.
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John1's Avatar
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56855 Posts
 Posted 12/19/2018  09:51 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Wanted to add, that I am keeping the ones without any spots on them...few and far between.
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 Posted 12/19/2018  11:02 am  Show Profile   Bookmark this reply Add pocketchange2 to your friends list Get a Link to this Reply
Was this one of those "trick ... GOT_CHA" rumors?
The mint produced 4+ billion 2017-P (big P) cents, but only a few 2017-p (little p) cents.
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SilverDollar2017's Avatar
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8715 Posts
 Posted 12/19/2018  11:57 am  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
Most of the 2017-P Shield cents are worth just that - one cent. Only in very high MS grades are they worth more than that. Sounds like a bogus rumor to me.
Edited by SilverDollar2017
12/19/2018 11:58 am
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