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ImTheCrew's Avatar
United States
146 Posts
 Posted 05/20/2009  11:13 pm Show Profile   Bookmark this topic Add ImTheCrew to your friends list Get a Link to this Message Number of Subscribers
i ordered 5 rolls of the LP2 cents... with the shipping date being pushed back and the rolls being "mass" produced.. is there going to be any value?
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BH1964's Avatar
United States
10982 Posts
 Posted 05/21/2009  12:42 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
.. is there going to be any value?


They'll always be worth 50 cents/roll!

But seriously - the mint has made more of the LP2 cents with the special wrapper available for purchase so LP1 will continue to be "extra" special.
ANA #R3154474
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Bryan1315's Avatar
United States
14454 Posts
 Posted 05/21/2009  05:08 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply

Quote:
They'll always be worth 50 cents/roll!

That is exactly what I was going to say, they will always have face value, there is no way to tell if they will ever be worth more than that until we start seeing them sell
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gmherps13's Avatar
United States
295 Posts
 Posted 05/21/2009  05:25 am  Show Profile   Bookmark this reply Add gmherps13 to your friends list Get a Link to this Reply
I think they will be sought after just as LP1's con't to be
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eaglefoot's Avatar
United States
6326 Posts
 Posted 05/21/2009  08:53 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply

Quote:
with the shipping date being pushed back and the rolls being "mass" produced.. is there going to be any value?

Well, the "shipping date being pushed back" has nothing whatsoever to do with the potential value of a coin or roll.
Secondly, when you say "mass produced".......well......if they've doubled the previous two roll set numbers.....that's 200,000+ sets. That's still only 10,000,000 coins, which if a coin only got that few minted it would indeed be a "modern rarity" !..(compared to the "BILLIONS" being the norm).....
Coin news has it at "20,000,000" coins and "400,000" total two roll sets.......same point.....same difference ! This "is" just "one" coin after all......(or two with "P" & "D")
Of course they've minted quite a few "bank rolls" as well for future circulation......but I'm just sayin'......
It's a little early for the "thumbs down" talk, and there's no reason to be negative on the LP1, LP2, LP3, or the LP4 just quite yet ! .....
Late next year and late in 2011 will be a good clear picture as to the value of these "two roll Sets" and the "bank rolls"......and the individual higher MS grade values.

And generally speaking.......did ANYONE really think they were going to mint "exactly" the same number of coins/Sets from the Philly Mint and the Denver Mint for each of the four different designs......I never did !
Besides......and to the larger point here....it seems as per normal to me for them to mint a bunch of one coin design, but fewer from one of the two mints for a particular design......then a whole bunch of the next one from both Mints.......then mint very few from both mints of the next design.....then a bunch again.......etc... etc...etc...etc...etc...etc.....vice-versa, vice-versa, vice-versa, vice-versa........so on and so on........ ......This is what the Mint has been doing for a LONG LONG LONG LONG TIME NOW ! Nothing new here at all with the output of and mechanics of these mintage numbers .....
Edited by eaglefoot
05/21/2009 10:06 am
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louie_two_bits's Avatar
United States
70 Posts
 Posted 05/21/2009  09:35 am  Show Profile   Bookmark this reply Add louie_two_bits to your friends list Get a Link to this Reply
Hey Eagle, not that it matters, but you state 400k two-roll sets have sold...so far the mint has sold 200,055 of the two-roll LP2 sets have sold for a total of 400,110 rolls, adding up to more than 20 million pennies.

-LTB
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eaglefoot's Avatar
United States
6326 Posts
 Posted 05/21/2009  10:04 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply

Quote:
Coin news has it at "20,000,000" coins and "400,000" total two roll sets.......same point.....same difference ! This "is" just "one" coin after all......(or two with "P" & "D")

I was trying to say something like that with this sentence from up above.... ...had it a bit wrong there......but thanks for clarifying ! ...
Edited by eaglefoot
05/21/2009 10:07 am
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eaglefoot's Avatar
United States
6326 Posts
 Posted 05/21/2009  10:16 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Still.......like the 2000 D Lincoln Memorial cent with 8,774,220,000 BILLION MINTED..............if we had only 20,000,000 or HECK !....even 90,000,000 Million minted........that's a mere "drop in the bucket" comparitively !
I don't think we should add up the entire mintage for all four different designs and from each Mint for these new Lincolns. Each design and mint (P & D) are to be looked at as different and seperate IMHO. Every three months it's a brand "new" coin.....
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Kabiye_Lady's Avatar
United States
581 Posts
 Posted 05/21/2009  11:32 am  Show Profile   Bookmark this reply Add Kabiye_Lady to your friends list Get a Link to this Reply
I am almost 100% certain that there are not 20,000,000 MS-64 or above 2000-D Lincolns left and the number is going down every day.

Whereby you have millions and millions of the 2009 lincolns that will always be in their blankets. Want a bicentennial quarter? - hee hee.

Future value? Think about it.
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louie_two_bits's Avatar
United States
70 Posts
 Posted 05/21/2009  11:43 am  Show Profile   Bookmark this reply Add louie_two_bits to your friends list Get a Link to this Reply
On average, that's around 50,000 two-roll sets a day...and that is with some collectors ordering multiple two-roll sets (up to 5). It's alot, but not as many as one would've thought. I'm sure 150k of the 200k two-roll sets were probably sold on the first day.

-LTB
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steve199's Avatar
United States
1882 Posts
 Posted 05/21/2009  12:28 pm  Show Profile   Bookmark this reply Add steve199 to your friends list Get a Link to this Reply
I feel like we've beaten around this bush before.


Quote:
only got that few minted it would indeed be a "modern rarity" !.


First of all, you know that isn't all that will be minted. But even so, 20 million uncirculated coins being preserved in the hands of collectors is not a rarity no matter how you spin it.

The vast majority of most coins minted in other years are destroyed by circulation.

Nonetheless, I'm glad I (theoretically) have my rolls coming my direction.

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eaglefoot's Avatar
United States
6326 Posts
 Posted 05/21/2009  1:18 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
I give up !

The "torch" is far too burdensome to carry alone, especially combating so many "facts" from people with far more experience and general coin knowledge than little ol' me ! ........

So.....I'm done now ! .......

The only thing I'll say from now on when people bring up "the excitement" and "future Lincoln values" of these or any other "Modern" coin is......... "Collect what pleases you !" or....."If you're in this for the money......get out of it tomorrow !"











OR NOT !!
.......if anybody actually believes I can keep silent on "anything" whether I'm right or wrong.......then cast your vote now ! .....

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MtnCoinMan's Avatar
United States
462 Posts
 Posted 05/21/2009  1:25 pm  Show Profile   Bookmark this reply Add MtnCoinMan to your friends list Get a Link to this Reply
I predict ANY roll for 2009 BU one cent coins will be worth AT LEAST $100.00 in the year 2050. Will I be alive then? I hope not!
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steve199's Avatar
United States
1882 Posts
 Posted 05/21/2009  1:43 pm  Show Profile   Bookmark this reply Add steve199 to your friends list Get a Link to this Reply
Eaglefoot, I like your enthusiasm

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Gothic Florin's Avatar
United States
2541 Posts
 Posted 05/21/2009  3:42 pm  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
I hope the mint doesn't up production too much!
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OrDirtDevil's Avatar
United States
214 Posts
 Posted 05/21/2009  4:37 pm  Show Profile   Bookmark this reply Add OrDirtDevil to your friends list Get a Link to this Reply
Wonder how many of the LP1 serf have been opened already? And how many of the LP2 sets will be opened to be searched or sold on the Bay. Anyone here open any of the LP1 sets they ordered?
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