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Lp1-Lp5?

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atlas580's Avatar
United States
114 Posts
 Posted 06/23/2010  01:48 am Show Profile   Bookmark this topic Add atlas580 to your friends list Get a Link to this Message Number of Subscribers
I was trying to do some research and did not find any threads in the past that discussed the topic. My question is of the series of new Lincoln's LP1-LP5, which would one want to hoard for potential value in the future if any and which mint? And if I over looked the thread
I apologize. Thanks for any input.
Pillar of the Community
United States
687 Posts
 Posted 06/23/2010  02:22 am  Show Profile   Bookmark this reply Add RollHunter to your friends list Get a Link to this Reply
I have a couple rolls of each (Philly only) stashed away, but they're so common that I doubt they'll ever be worth more than face/melt. If I had to guess, I'd think LP4 and LP1 (just Philadelphia though) have the best potential due to the lower mintages.
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eaglefoot's Avatar
United States
6326 Posts
 Posted 06/23/2010  08:48 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply

Quote:
Lincoln's LP1-LP5, which would one want to hoard for potential value in the future if any and which mint?

The "Copper" ones ! .....

Of the Business strikes.....I'd say any one of these in true BU problem free condition would be a "future value" keeper. Otherwise, I don't know if there will really be a whole lot of attention in differentiating the value between LP1-LP5 at any time in the near future. The mintage numbers on any of them are not really low enough to warrant a focus on a particular one, I don't believe. But whatever the future value would/could be.....I would think, in this case, that it would be "CONDITION" rather than a "low mintage" consideration, given the issues with the spotting of Zincolns.
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BadThad's Avatar
United States
19931 Posts
 Posted 06/23/2010  11:13 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
The LP4 has the lowest mintage last I checked. However, there's huge numbers of these hoarded in BU state. I don't think we'll ever seen any decent appreciation ever. Collect them because you like them, not because you think you'll be rich from them someday.
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Namachieli's Avatar
United States
2120 Posts
 Posted 06/23/2010  11:54 am  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
2009 Dimes/ nickels... thats what you should hoard. people basically ignored these because of the new cents... Collectors have figured this out, but not the general public.
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Neil's Avatar
555 Posts
 Posted 06/23/2010  12:17 pm  Show Profile   Bookmark this reply Add Neil to your friends list Get a Link to this Reply
LP4 P for bank rolls. LP1 for mint sealed white boxes.
Edited by Neil
06/23/2010 12:17 pm
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guitarmonkee's Avatar
United States
70 Posts
 Posted 06/23/2010  1:11 pm  Show Profile   Bookmark this reply Add guitarmonkee to your friends list Get a Link to this Reply
LP-4 P seem to be the ones to save,low mintage.
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biokemist6's Avatar
United States
12437 Posts
 Posted 06/23/2010  1:53 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
All of the business strikes had mintages large enough that you will not see a real premium for decades(you can still purchase BU 1950s wheat rolls for a few dollars as an example). I am not saying don't save them, I have a number of rolls myself, but do not look at them as an investment or you will be sorely disappointed.

Eaglefoot hit the mark though, I think the copper Lincolns in the 2009 Mint Set will be the real winners with mintages of less than one million.
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SA4H's Avatar
United States
2764 Posts
 Posted 06/23/2010  3:47 pm  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
I have to agree with biokemist6 (against).
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 06/23/2010  4:39 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
If you have them put them into 2x2's and you can sell them at flea markets for $.50 each at least.
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guitarmonkee's Avatar
United States
70 Posts
 Posted 06/23/2010  9:38 pm  Show Profile   Bookmark this reply Add guitarmonkee to your friends list Get a Link to this Reply
Ummm...stupid question I guess,but 2009 they made 4 different designs...LP1- LP4...what the heck is a LP5? Are you calling the 2010 design LP5? The 2010 cent is not part of the Lincoln bicentennial series...is it? I thought it was seperate.
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biokemist6's Avatar
United States
12437 Posts
 Posted 06/23/2010  9:56 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
The US Mint lists the catalog number for the 2010 P&D Lincoln roll set as LP5
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guitarmonkee's Avatar
United States
70 Posts
 Posted 06/24/2010  12:39 pm  Show Profile   Bookmark this reply Add guitarmonkee to your friends list Get a Link to this Reply
Oh ok...thanks biokemist!
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johnstac's Avatar
United States
327 Posts
 Posted 07/16/2010  11:13 pm  Show Profile   Bookmark this reply Add johnstac to your friends list Get a Link to this Reply
Here in WA, I have found mostly LP1 and a few LP2. Mintage numbers for LP4 are less than half of all of the other variations.
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upstate's Avatar
United States
3278 Posts
 Posted 07/16/2010  11:26 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
I totally agree with BADTHAD on this topic. He hit the nail on the head.
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matchbox's Avatar
United States
1007 Posts
 Posted 07/17/2010  12:53 am  Show Profile   Bookmark this reply Add matchbox to your friends list Get a Link to this Reply
Here are the 2009 Lincoln Cent mintages.

Lp1-Lp5??


2.3 billion pennies is a low amount for any year, and considering there are 8 different coins ..... counting the 4 designs and both mints, they are rare.

Lincoln Cents total mintage 1990-2009

2009 - 2.3 billion total
2008 - 5.3 billion total
2007 - 7.3 billion total
2006 - 8.1 billion total
2005 - 7.2 billion total
2004 - 6.7 billion total
2003 - 6.8 billion total
2002 - 7.3 billion total
2001 - 10.3 billion total
2000 - 14.3 billion total
1999 - 11.6 billion total
1998 - 10.2 billion total
1997 - 9.2 billion total
1996 - 13.1 billion total
1995 - 13.5 billion total
1995 - 13.5 billion total
1994 - 13.6 billion total
1993 - 12.1 billion total
1992 - 9.0 billion total
1991 - 9.4 billion total
1990 - 11.8 billion total
Edited by matchbox
07/17/2010 12:55 am
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