I just heard '09 dime and nickel production is done for the year.

I totally disagree. These will be rare and pricey (unless the mint offers direct sales to the public).

 

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I think they will be hard to find in circulation but not impossible- if they were all sold to collectors they wouldnt be rare. But sounds that they will be put into general circulation and will get absorbed in the multi billions of other coins. so the odds of finding one will be tough.

with myself its almost impossible to find "D" minted coins in decent conditions living in NYS. Im still looking for some "D" state quarters but that is the thrill of the hunt. I'm currently looking thru a box of quarters and its nill on finding any recent "D" state quarters. i will most likely buy them off ebay(ugh) even though they made 200 million+. Now with the low mintage of 2009's its seems it will be very slim on finding one. Especially if your in a certain mintmark area of the country.

 

tmoneyeagles, going to have to agree and I don't understand it myself and can't understand the mad frenzy $$$$ over the 2009 cent, but at least it does have a new design.

 

Thank You..
Just because you can't find them, doesn't make them rare
I can't find a P minted state quarter out here... THAT DOES NOT MAKE IT RARE
Just wait, until the first dime or nickel shows up on ebay... I'm not saying it won't be expensive...All I'm saying is, I hope I'm the seller! :hail:

 

Ok. Then they made a lot in a short period of time. This is at least twice as many as everybody originally thought they would produce in the other thread.

No, I have to agree. These can't even be classified as semi-key. Just way too many made. It will all be horded as well. People would be better off trying to buy up all the 50-D nickels which 2 million were made but horded. And still there's too many of them in great condition to be worth much, 60 years later. Although 10-20 bucks or more for a nickel is a nice profit, the 50-D's were only roughly 2.5% of the mintage of 2009. So nobody should get their hopes up.
My question has been answered.

 

No way.

50-D = 2.6 million

'09-D = 39 million

That's 15x more produced than the 50-D. You can get a very nice 50-D for 20 bucks and this is 60 years later. Divide 20 by 15x the production = $1.33 = a waste of time. Not to mention the ebay factor and how obtainable these will eventually be. Maybe rolls will carry a 'slight' premium, but I'm not going to waste my time and storage space on them.

We have how many commemorative coins with mintages in the 10s to 100s of thousands and even at those levels they aren't looked upon as being rare.
I agree with tmoney. Circulating coins should be under 6 to 1 million minted before anybody gets excited. Despite the premium, rolls of Franklin halves might be the thing to start stashing away. In a few years you can get 3-5 bucks per BU coin for them pretty easily. I know because I"ve paid premiums to get them from the 80s, 90s and even 2000s.

Since 01 they haven't been releasing Kennedy halves for circulation and mintages are down to only 1.7 million per mint, per year. Now there's key dates for you. And a lot of people collect/ will collect halves.

In the mean time, dealers (including the one I listened to on coinchat yesterday) are heading to Indiana for the release of the 2nd penny design to try to buy rolls at face and make a fortune on ebay ripping people off in the very short term. That's not my cup of tea and probably isn't a smart thing to do for the hobby. But if fools want to give away money, there will always be someone there to take it from them. I don't feel sorry for them.

 

I think you guys are overestimating the importance of mintage numbers. These will probably not be widely distributed any time soon and when they are they will be snatched right up. These will be tough coins.

 

So are you saying mintage numbers are not important?
The MINTAGE of a coin, means everything...
If there were 600 Million 1909 S VDB's minted, and most survived...Well, that would not be a rare coin, would it?

Snatched right up? Most people don't even notice what they get in change... People spend silver coinage everyday, what makes you think that they will save a 09 Dime or Nickel? Now by the time it gets to a coin collector, or investor, the coin will be circulated, in more of a EF-AU condition...

 

Okay, then, if these will not be considered rare, or key, or semi-key, which one of you will sell me rolls for 3x face? I'll take as many as you can provide. :smile

 

I'll pay4X face gladly at this time.

 

We will have to wait and see, but you are missing the most important part. There are no business strike nickels or dimes in mint sets or in mint sold rolls. The ONLY place to get these is from banks. From your comment it appears that you have never tried to get BU rolls from a bank (they definitely do NOT like to give you those, they are obnoxiously opposed to collectors as a general rule). Now a very high mintage coin like the 2007 D dime still brings $10+ on Ebay, these were supposedly widely available at banks in 2007 but again, it is VERY hard to get BU rolls from banks even on high mintage dates.

I'd like to get Cladkings ideas on this.

 

We can't PROVIDE any...
These things are flukes, just like the LOG CABIN... You member' the log cabin, dont ya' now! $10 a coin, and more, $50-$60 a roll, demand is so high, they were called key dates, and what not...
NOW WHAT...
I found 65 log cabins the other day. Just sold them all for $5
If I find an 09 nickel or dime, I'll be glad to show you the ebay listing Because they will go more then 3 or 4 times face!
When the first one on ebay shows up, some fool will pay way too much, and then these dimes, will be in circulation, and that fool will just have a long time to reflect!

 

I couldn't provide any log cabins, at first, when they were selling $50 a roll, and now I can provide plenty, and would you look at that, $3 a roll
It is supply and demand..
DEMAND, at the moment for the 09 dimes and nickels is high, but supply is good, there were tons being minted..
You CAN NOT, just say, "Oh I can't find this coin, that makes it a key date" When there were millions of the coin being produced

 

2007 D selling for $10+
That is about all I get in change...Well then, I guess it is time for me to put together a BU roll of that year of dimes then!

 

the mint might reproduce 2009 dime and nickel for strategic reserve. note - only if it is approve.

 

You can't compare the Log Cabins with the nickels and dimes. The Log Cabins have a combined mintage of 635M. The combined mintage for the nickels is 79M. That's a factor of 8 to 1. Even I know the Log Cabins are nothing special and have not been seeking them out.

Let us know when you find a 2009 nickel or dime and have it on Ebay. I'm curious when you are able to find one and how much it goes for.

 

I also would like to see what it brings.

 

If I don't find any 2009 nickels and dimes this summer, I might try placing an order for new rolls from the Federal Reserve through a bank. I found one that is familiar with the process. Anyone done this before? They were saying the minimum order is $2000.

 

hey I know it is only my opinion, but the hoopla will diminish by the end of the year. Unless we find a new need for zinc in a hurry and melt a bunch of these pennies, there will be a slim chance of any of this years coins being a key date. Since the state quarters people have developed or re-energized their coin collecting ambitions. They are going to hoard as many as they can hang onto and they will not be in high demand. The only reason people care at all is because they can't get their hands on them to sell on Ebay.

 

That pretty much sums it up. If I had rolls of 09s I'd sell them to you guys at 3-4x face. They can't be found NOW. At some point, they will all be released. Unless somebody thinks they would destroy them and make new ones which is doubtful. They will sit somewhere for now. People will pay ridiculous premiums and then in 4-6 years when nobody cares about 2009 anymore, they'll be dirt cheap.