710 Rolls Of 2009 Lincoln Memorial Cent / LMC S For Sale

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Author	Replies: 26 / Views: 2,089	Page: of 2
numismo Rest in Peace United States 3039 Posts	Posted 05/12/2009 11:10 pm I just saw an ad in Numismatic News for 355 rolls each of the 2009 P & D cents for $6.95 each postpaid. My question is where did he get that many ? He probably didn't get them at the Mint's exorbitant price + shipping. Many of us can't get any rolls from our banks so where did he get all of his ? Report this Post to the Staff

wd1040 Pillar of the Community United States 3098 Posts	Posted 05/12/2009 11:17 pm Are they mint wrapped rolls or bank wrapped rolls? If they're bank rolls then you can get them cheaper, aka at a bank for 50c. It all depends on if your local bank has them... Report this Post to the Staff
numismo Rest in Peace United States 3039 Posts	Posted 05/12/2009 11:31 pm The ad doesn't specify mint or bank wrapped rolls. My bank doesn't have any and many posters have complained that theirs don't have any either. Report this Post to the Staff
daviscfad Pillar of the Community United States 4541 Posts	Posted 05/12/2009 11:43 pm i would think the would be bank wrapped rolls b.c of the price. I have only seen two log cabins and thats b.c I won a contest and they were sent to me Report this Post to the Staff
biokemist6 Bedrock of the Community United States 12437 Posts	Posted 05/13/2009 12:51 pm You have to be cautious about bank rolls, some of them are mixed with previously circulated coinage. Sellers are not necessarily doing this and the seller of a particular roll may not even know, but this is how they are being distributed to some banks. Report this Post to the Staff
eaglefoot Pillar of the Community United States 6326 Posts	Posted 05/13/2009 1:03 pm Gotta be bank wrapped........keep in mind that only "most" banks aren't getting them. There are quite a few who "did" actually. I know one member here on CCF who got 3 boxes of them.........ALL LOG CABIN "P" MINTS ! I have heard too, that the "bank wrapped" Stringer rolls are not "all Log Cabins" contained therein !.......that upon opening the rolls, they discover much to their horror, that they have been "mixed" with older Lincolns.....and this "frequency" should be alarming to those who are buying, selling, or trading in a premium mark-up for these "Stringer" rolls. If these were the U.S. Mint wrapper ones.......he'd be charging a lot more money........i.e. the two roll sets are going for $80.00 - $100.00 on ebay. Even though this is the same business strike coin. So he would be a very stupid individual indeed, if he's advertising selling these "U.S. Mint Sets" for only $6.95 ! ..... But, my theory in general ..... it seems to me that the difficulty would be..... first.....assuming all Cents in the roll are actually Log Cabin Lincolns....and second.....the difficulty in getting "both" mints. (keep in mind that the "P" mint has the lowest mintage in 50 years) And waiting for them to just drift your direction from the wild isn't something "I" wanted to do.......so .......I do the two roll sets from the Mint.... ......I know the price......I know the shipping cost......I have "both" mints.....and most importantly I know that what is in there "IS" actually Log Cabin Lincolns ! The ebay Stringer Bank Rolls are just "iffy" to me, and then you have fees and shipping as well. Getting them from my bank (same rolls) is just not an option for me so.......I happily pay the $8.95 plus $4.00 shipping ! The security of "knowing" what ya got is worth a lot to me ! My Great Grandchild can open the rolls if he/she wants.......but I never will ! Other "collecting" needs that I may have with this Cent can be had with the Uncirculated Satin Finish Set, Proof Set, and Silver Proof Set too. And I have zero concerns about meeting my "general circulated" needs with this Cent so...(some kind souls on CCF here, saw to it that those needs were met ! for free too !)... So, Ya'll can go ebay and Stringer Roll crazy if you want to ! ........ Edited by eaglefoot 05/13/2009 1:11 pm Report this Post to the Staff
eaglefoot Pillar of the Community United States 6326 Posts	Posted 05/13/2009 1:42 pm numismo.... Quote: 710 rolls of 2009 LMCs for sale Are we still calling this year a "LMC" ? And 2010+ ? First 50 years......The Wheat cent Second 50 years.....The Memorial cent Third 50 years..... ? . Shouldn't we change the name of this Cent with the new redesign now ? In 2010 it won't have the "Memorial" on it any more right ! We need a new "classification name" for this new Cent now ! And if they're all "Memorials".......then we have to refer to the Wheat cent as "the LMC" as well......and 2010 onwards.....every Cent since 1909 called "The Lincoln Memorial cent" ?........naw......so....we need a new name now ! Edited by eaglefoot 05/13/2009 1:49 pm Report this Post to the Staff
onejinx Pillar of the Community United States 1231 Posts	Posted 05/13/2009 6:41 pm We could name it the "worthless cent" Report this Post to the Staff
wd1040 Pillar of the Community United States 3098 Posts	Posted 05/13/2009 6:42 pm Because sadly 1c is pretty worthless these days. Report this Post to the Staff
Irishraider Pillar of the Community United States 1454 Posts	Posted 05/13/2009 8:48 pm We should call it the "Stimulus Cent" since this is the year of the stimulus and the government needs to sell as many of these useless things to raise capital to pay for all of the new government programs that will eventually bankrupt this country. Report this Post to the Staff
nlp coins Pillar of the Community United States 2373 Posts	Posted 05/13/2009 8:54 pm AMEN to that! Irishraider Report this Post to the Staff
BadThad Bedrock of the Community United States 19930 Posts	Posted 05/13/2009 9:00 pm I hear you Irishraider. I think we should call them "bailout cents". LOL Lincoln Cent Lover! VERDI-CARE™ INVENTOR https://verdi.care/ Report this Post to the Staff
wd1040 Pillar of the Community United States 3098 Posts	Posted 05/13/2009 9:01 pm Riding the pig into debt/inflation/etc etc... Also, are the markets getting spooked by quantitative easing? Commodities have been going up... but so have other currencies... which could mean that the dollar is losing appeal from foreign investors. Plus, we'll have so many more new things next year! State park quarters, 5oz state park Ag medallions and the new Pd ultra high relief! Report this Post to the Staff
Irishraider Pillar of the Community United States 1454 Posts	Posted 05/13/2009 9:10 pm I miss America already! Report this Post to the Staff
eaglefoot Pillar of the Community United States 6326 Posts	Posted 05/14/2009 08:58 am *Everybody please send me your "worthless Cents" ! New or Old......makes no difference* ....... I'LL TAKE EM' ! Report this Post to the Staff
Chump_Change Pillar of the Community United States 618 Posts	Posted 05/14/2009 09:53 am Eaglefoot, I will take any extras you don't want, LOL. Report this Post to the Staff
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710 Rolls Of 2009 LMCs For Sale