| Author |
 Replies: 23 / Views: 7,259 |
|
New Member
United States
39 Posts |
I want to know if the 2009 pennies are really worth collecting? Or if they are just junk coins.
|
|
|
|
Valued Member
United States
447 Posts |
That seems to be the $10,000 question.
But, if you have some, why not hold 'em for awhile?
They only cost a penny.
|
|
Pillar of the Community
United States
6326 Posts |
"Worth" collecting is a multi-sided statement really. For instance, if you mean that if you "hoard" enough of them, that you'll be able to retire early or pay off your house, or have any kind of "investment" thoughts about them at all.....yeah...probably not. (Like any other "Modern" coins really) If you have, and/or want to start collecting the Lincoln Cents...then they're "worth" having. The Uncirculated Sets and the Proof Sets (and Silver proof) all have "Copper" cents in there. They used the same composition as the 1909 Cent. The 2009 Cent is considered by many to be an "interruption" from the end of the Memorial Cents, to the beginning of the new Shield Cents. Collectible ? Absolutely yes IMHO. In good condition, I try to save all that I come across. I also have several U.S. Mint wrapped P & D rolls of each of the four designs, and of course I have them in several Mint Sets and Proof Sets. Higher grade specimens, just like any other coin, will always be "worth" having too. It might certainly be considered a "future" Classic coin by many too. But probably LOOOONNNNNG time after we're all dead and gone here.....  But for my Two Cents...yeah....they're "worth" having, and will decorate any Cent album quite nicely IMHO..and that's good enough for me !...  Edited by eaglefoot
03/30/2010 10:31 pm
|
|
Valued Member
United States
335 Posts |
When we roll hunt, we toss all the 2009s in a cup (he's already got a full set in his folder). When we get to 50, we make a mixed roll. My son puts them in the auction at his coin club ("all 4 reverses, some-D, mostly AU/UNC") and gets a dollar or a little more for each. Last time, he used the proceeds to buy some dateless Buffalo nickels with mintmarks. A little profit and fun for him for almost no work. |
|
Pillar of the Community
United States
968 Posts |
I think there was a point last year when they were very scarce. You probably could have capitalized on that and made some money if you put up 2009s on ebay 9 months ago. Now they are becoming common enough that you won't get much of a premium on them. Edited by Saruma
03/31/2010 01:36 am
|
|
Moderator
 United States
56855 Posts |
What do you all think about all the errors and varieties for the 2009's. I found about 60 LP2 errors out of four rolls (six different kinds) John1  |
|
Valued Member
United States
258 Posts |
The mintages of the 2009 cents are much lower than the pennies of the last several decades. That is advantage 1. Second is that they are "neat" and therefore will continue to be popular. I look at these particular coins as artwork rather than a penny. Lastly these things ARE NOT surviving well in circulation. I am getting a lot of 2009 pennies that are just plain ugly. Most have only been in circulation for less than a year and they already look this bad? Imagine 5 years from now. One of my coin dealing friends told me about a friend of his. Apparently the guy mortgaged his house and purchased rolls of the State Quarters. When he needed extra money he just turned in some of the many rolls of quarters he had. What was the end result of him hoarding these "never to be collectible" coins? The State Quarters made him a millionare with NO risk. They made far more State Quarters than they did of the 2009 pennies. Don't ever think that you cannot make money with new coins. For crying out loud, the 2009 pennies were selling for 3 times face plus shipping right out the starting gate on ebay..... Sincerely, John Leckrone Edited by 925dealer
03/31/2010 10:09 am
|
|
Pillar of the Community
United States
2541 Posts |
I'm not sure it will be that profitable in the long run - with the exception possibly of the LP1 mint wrapped sets that not a huge amount of people were able to get their hands on. With that said, I'm pulling BU ones to make rolls from circulation - maybe I'll sell them for a buck each.
|
|
Valued Member
United States
312 Posts |
Just ran a check on ebay, and some UNC 2009 Pennies are in BIN's for $1.00. Just a FYI,  |
|
Valued Member
United States
133 Posts |
I think so, they only ran for 1 year and I already get some in really bad shape. they dont last long. if you can get some really good ones then I would and have been keeping them
|
|
Pillar of the Community
United States
1406 Posts |
Quote:
The Uncirculated Sets and the Proof Sets (and Silver proof) all have "Copper" cents in there. They used the same composition as the 1909 Cent.
I think only the Proof (and Silver proof) sets are 95% copper. Am I wrong? |
|
Pillar of the Community
555 Posts |
Quote:
What do you all think about all the errors and varieties for the 2009's. I found about 60 LP2 errors out of four rolls (six different kinds) Only the skeleton finger holds my interest. |
|
Pillar of the Community
United States
4085 Posts |
I have 2 rolls each of the LP1's P and D and 12 rolls of LP2 P's that I got from the Lincoln City ceremony. I've also got several strictly uncirculated LP3 and LP4's from each mint in 2x2's and the best of the best in the Dansco. But that's enough for me. If I get these in circulation, I typically toss them back.
If you can get your hands on uncirculated rolls at face, I'd keep them. Other than that - back into the waters.
|
|
Pillar of the Community
United States
6326 Posts |
Quote:
I think only the Proof (and Silver proof) sets are 95% copper. Am I wrong?
Yeah, the '09 Mint Sets had the Coppers too...(and I have a few of these Sets too....  Kurt...... this link will take you right to the exact page on the US Mint site where they are " still selling" the 2009 Uncirculated Mint Set too ! http://catalog.usmint.gov/webapp/wc...ory_rn=10211 Here's a "quote excerpt" from this page, for those who don't wanna go to the link. Quote:The 2009 United States Mint Uncirculated Coin Set contains two folders of 18 coins each, one from the United States Mint at Denver and the other from the United States Mint at Philadelphia, for a total of 36 coins. Each folder includes uncirculated versions of the following 2009-dated coins: (6) Quarter-dollar coins (honoring the District of Columbia and five U.S. territories: Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands and the Northern Mariana Islands); (4) Presidential $1 Coins (honoring past Presidents of the United States: William Henry Harrison, John Tyler, James K. Polk and Zachary Taylor); (4) Lincoln Bicentennial One Cent Coins* (recognizing the bicentennial of Abraham Lincoln's birth); (1) Native American $1 Coin; (1) Jefferson nickel; (1) Roosevelt dime; (1) Kennedy half-dollar. *Lincoln one-cent coins contain an alloy consisting of 95% copper, 3% zinc and 2% tin that matches the alloy used in the original 1909 version. Edited by eaglefoot
03/31/2010 12:31 pm
|
|
Pillar of the Community
United States
3278 Posts |
I think there will be a lot of uncirculated 2009 cents around for a long time. Everybody is saving them.
|
|
Bedrock of the Community
United States
19930 Posts |
I only keep them if they are BU. There's been so many hoarded in BU there's no point to saving anything less.
|
| |
Replies: 23 / Views: 7,259 |
Posted 03/30/2010 10:29 pm
