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Replies: 19 / Views: 3,544 |
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Valued Member
United States
439 Posts |
So, gonna get one?
Are these gonna be a thing or just another gimmick? Any opinions?
*** Moved by Staff to a more appropriate forum. ***
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Pillar of the Community
United States
4085 Posts |
I have been getting proof sets going back to 1999, so yes, already have mine. I think the 2019 W penny isn't going to be anything particularly special or valuable unless you maybe get a super high grade one. Proof sets as a general rule don't really appreciate in value and I think the 2019 W penny will be the same.
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Bedrock of the Community
United States
20753 Posts |
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Pillar of the Community
United States
1613 Posts |
The 2019 Lincoln Cent is not the only coin bearing the W mint mark. That honor would fall upon the 1996w Roosevelt, like the Lincoln, available only in a mint set (no proof versions). So I feel safe in saying the same, a passing phase. The Roosevelt sold for unrealistic amounts for the first few years and so also will the 2019w Lincoln. I have seen these listed in dealer ads for $15.95 each.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Moderator
 United States
187702 Posts |
To be clear, several coins have had the W mint mark over the years. 2014 Silver Reverse Proof Kennedy half dollar, 2015 Silver Proof Roosevelt dime, numerous commemorative coins. The 1996-W Dime and the 2019-W cents are the only ones added as a bonus to existing sets.
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Bedrock of the Community
13014 Posts |
And the current quarters are the only ones released into circulation
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Moderator
 United States
187702 Posts |
I forgot to mention those. I spent too much time trying to make sure I got the 2014/2015 issues straight. 
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Pillar of the Community
United States
1613 Posts |
Which was the point, keeping with the title. What I've noticed is that dealers are listing both proof sets for a bit over Mint cost but not including the Cent. One such dealer has those listed at $15.95. So, yeah, they're capitalizing on the "rarity" they created. When reality sets in they'll be lucky to get half of that.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Pillar of the Community
United States
2460 Posts |
nope. no interest in the set or the W cent.
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Bedrock of the Community
 United States
12813 Posts |
I got my 2 sets when they were released in early March. I can only imagine that the Mint added the W cents to this year's sets as an afterthought to attempt to boost flagging sales.
Edited by CelticKnot 05/11/2019 4:49 pm
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Bedrock of the Community
13014 Posts |
Quote: I can only imagine that the Mint added the W cents to this year's sets as an afterthought to attempt to boost flagging sales. Might not have been an afterthought necessarily, but they were absolutely tied to sets to try and boost the sales of those sets.
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Pillar of the Community
United States
4691 Posts |
Don't forget, they also changed the silver set to .999 silver for the first time. Next, I would look for them to make the 5 cent coin from silver, maybe even the wartime composition. Just a guess. And if so, why not make the mintmark like the big reverse style?
Edited by jimbucks 05/11/2019 5:42 pm
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Moderator
 United States
187702 Posts |
Quote: Might not have been an afterthought necessarily, but they were absolutely tied to sets to try and boost the sales of those sets. I agree.
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Bedrock of the Community
 United States
12813 Posts |
The only reason I say "afterthought" is because they weren't part of the set packaging and instead came in their own little envelopes and baggies. You separate those W cents from the sets they shipped with and then those sets are just regular annual sets.
I suppose it could have been intentional to keep them separate, but the surprise nature of the W quarters and the W cents seems to be a scramble IMO.
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Moderator
 United States
187702 Posts |
Even if they planned it, getting the packaging changed to include it may have required a much a longer lead time.
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Bedrock of the Community
13014 Posts |
Quote: Even if they planned it, getting the packaging changed to include it may have required a much a longer lead time. Given that they were calling it a gift I suspect they had no interest in spending money redesigning anything hence the separate baggie
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Replies: 19 / Views: 3,544 |