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The Presidency Cent From Philly Lowest Mintage Since 1955-S

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Morgans Dad's Avatar
United States
5602 Posts
 Posted 04/09/2010  11:18 pm Show Profile   Bookmark this topic Add Morgans Dad to your friends list Get a Link to this Message Number of Subscribers
I have been in close touch with the mintages for this series and these are the posted results of the totals-

Denver
Philadelphia
2009 Total

Birthplace Cent
350,400,000-D

284,400,000-P
634,800,000-TOTAL

Formative Years Cent
363,600,000-D
376,000,000-P
739,600,000-TOTAL

Professional Life Cent
336,000,000-D
316,000,000-P
652,000,000-TOTAL

Presidency Cent
198,000,000-D
129,600,000-P
327,600,000-TOTAL

Total
1,248,000,000
1,106,000,000
2,354,000,000


Philly total 129,600,000, this total is the lowest since the 1955-S Cent with a mintage of 44,610,000.

I believe this is an indication of a well hoarded coin to come also I am anxious to see how the low mintage falls into play for rarity and availability, any way, this is clearly a coin to look out for, especially in BU Mint condition, what are your thoughts? Mike.
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Halfwitty's Avatar
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 Posted 04/09/2010  11:26 pm  Show Profile   Bookmark this reply Add Halfwitty to your friends list Get a Link to this Reply
Is that the one with the Capital building on it?
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mfhorn's Avatar
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 Posted 04/09/2010  11:33 pm  Show Profile   Bookmark this reply Add mfhorn to your friends list Get a Link to this Reply
Yes. The Capitol under construction.
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Morgans Dad's Avatar
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 Posted 04/09/2010  11:35 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
2 have the Capitol building on the reverse, the LP3 has the old Capitol on it,with MR Lincoln standing there with the flag up on top of the capital and the LP4 has the incompleted newer capital on it,....Mike
Edited by Morgans Dad
04/10/2010 5:03 pm
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Halfwitty's Avatar
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 Posted 04/09/2010  11:45 pm  Show Profile   Bookmark this reply Add Halfwitty to your friends list Get a Link to this Reply
Got it. I have only seen the LP3 in the D.
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AndrewC's Avatar
United States
335 Posts
 Posted 04/10/2010  08:35 am  Show Profile   Bookmark this reply Add AndrewC to your friends list Get a Link to this Reply
The Professional Life (LP3) cent shows the Illinois state capitol building.
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eaglefoot's Avatar
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6326 Posts
 Posted 04/10/2010  08:56 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Hmmmm.....this must be why I've only found like 3 LP4's (D mint) while roll hunting.....and they've been pretty crappy looking !
Let alone finding a "P" mint one !

Thank goodness for Two Roll Sets ! .....
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KenKat's Avatar
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4085 Posts
 Posted 04/10/2010  10:06 am  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
To get the history part out of the way first, the LP3 shows the old state capitol of Illinois at Springfield, IL. The LP4 shows the construction of the larger dome on the US capitol building in Washington DC which replaced a smaller dome that no longer was in the proper proportion after expansion of the building in the 1840's.

Now to the coin part, I think that there will be a lot of LP4's (as well as the other 2009 series) hoarded, so I don't think these will be particularly hard to come by in BU state into the future.

The 1955-S is one of the easier coins to get in BU state just because it was hoarded as the last of the 'S' mint business strike pennies.

Best regards,
Ken
Edited by KenKat
04/10/2010 10:06 am
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Morgans Dad's Avatar
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 Posted 04/10/2010  5:14 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
I would ask you, Ken, what part of my statement is a history lesson needed, which is different than your statement?LOL...State capitol, you S capitol, old, newer, either way, 2-Capitols.I think the point is made very obvious, but thanks for your input.

I would also ask you have you seen the prices for a roll of BU 1955-S "cents" lately!Very pricey, available but for a "half roll" the bids on the bay are over $30.00, not a full roll!!
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Saruma's Avatar
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 Posted 04/11/2010  01:25 am  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
I'm skeptical of any modern business strike coin ever attaining a significant value (errors excluded). There are plenty of wheats that have similar or lower that aren't worth all that much (couple bucks at most for high grade ones). The problem with the 2009 cents is they are new designs. People tend to hoard what they find to be new and different. So ones in AU-MS conditions will be commonplace. Just look at 1943 cents. Everyone thought they were strange and saved them, making them a low value coin today.
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jbuck's Avatar
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187629 Posts
 Posted 04/12/2010  3:06 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply


Just look at the 1914-D versus the 1931-S. A lower mintage total is never the whole story.
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 Posted 04/12/2010  3:40 pm  Show Profile   Bookmark this reply Add Jim1953 to your friends list Get a Link to this Reply
...... guess I am glad I picked up a roll of both the LP-4 P & D and my roll 1955-S.

Jim
Edited by Jim1953
04/12/2010 3:40 pm
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