Will 2017-P cent be worth anything?

Discussion in 'Coin Chat' started by *coins, May 1, 2018.

  1. *coins

    *coins Well-Known Member

    I've been saving 2017-P Lincoln cents...but is this worth it? Does anyone know the total mintage yet? I've been saving them as I come across them, but should I be cashing them in to buy more rolls?
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Collecting Nut

    Collecting Nut Borderline Hoarder

    Only extremely high grades will go up In my opinion. In 5 years I think we'll still be finding unc's in change. Too many people hoarded them. Only cent to have a "P" mintmark and way to much hype.
     
    *coins likes this.
  4. *coins

    *coins Well-Known Member

    Ok, somewhat like the 1883 no cents nickel that people went crazy over? Or the 1909-VDB?
    Now we have all of these nice coins because people hoarded them and you can easily get a nice one for a low price.
     
  5. Collecting Nut

    Collecting Nut Borderline Hoarder

    Supply and demand. Grade and condition. A coin can be worth more in a circulated grade if it was hordes in MS grades. First year issues tend to be hoarded. If storage isn't an issue, keep them and watch the prices over the years. I have a full box of them. Never opened the sealed bank box. I have lots of never opened rolls too. For me it's not that costly and storage in nothing.
     
    *coins likes this.
  6. -jeffB

    -jeffB Greshams LEO Supporter

    One catch is that zinc-coated-copper Lincoln cents rot unless you store them super-carefully. I expect that there'll come a day, probably sooner than most people think, when unspotted examples are actually quite hard to find.

    I've given some passing thought to buying a box or two, carefully rinsing them with acetone, and sealing them into a container that I can flush with dry nitrogen and weld shut.
     
  7. *coins

    *coins Well-Known Member

    Wow, it is that hard to store them?
     
  8. -jeffB

    -jeffB Greshams LEO Supporter

    I honestly don't know, but I have that impression. It just seems like the ones I get in change "go trashy" a lot faster than the old copper ones did.

    Chemically, an undamaged zinc cent shouldn't age differently from a solid-bronze one -- the problems only arise if the zinc core is exposed through a scratch, gouge, or hole in the plating. My guess is that most of those cents have at least one spot in the plating that exposes the core to air and moisture, and that's what lets the decay sets in.
     
    *coins likes this.
  9. H8_modern

    H8_modern Attracted to small round-ish art

    Short answer is no. High mintage and low interest.
     
    Beefer518 and *coins like this.
  10. sakata

    sakata Devil's Advocate

    Of course it will always be worth something. It will always be worth at least one cent. The real question is whether once cent ever actually buy anything.
     
  11. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    2017 P in Special Edition Slabs are worth something
    From my collection -
    Capture+_2018-03-09-13-05-11.png Capture+_2018-03-09-13-05-44.png
     
  12. *coins

    *coins Well-Known Member

  13. Jeepfreak81

    Jeepfreak81 Well-Known Member

    Is that a Littleton Coin purchase? I think they're claiming to be the only ones with signed slabs.
     
  14. furryfrog02

    furryfrog02 Well-Known Member

    I've personally had 10-15 boxes of solid 17Ps. I picked the nicest one for my album and tossed the rest back.
     
  15. Jeepfreak81

    Jeepfreak81 Well-Known Member

    I kept aside a roll's worth of the nicest ones I've come across. It's only costing me 50 cents to hang on to them so why not.
     
Draft saved Draft deleted

Share This Page