Lincoln Formative Bootstrap Error?

Discussion in 'US Coins Forum' started by AUBU2, Jun 26, 2009.

  1. AUBU2

    AUBU2 Senior Member

    Has anyone here found any of the 2009 P Formative bootstrap error coins?
     
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  3. mecha1166

    mecha1166 Junior Member

    bootstrap

    yes ;)
     
  4. AUBU2

    AUBU2 Senior Member

    Details????

    Any details??? Like did you find it in a mint roll or a bank roll? How many rolls did you search before you found one?
     
  5. HandsomeToad

    HandsomeToad Urinist

  6. Tater

    Tater Coin Collector

    Wasn’t Bootstrap a pirate?


    I have not seen any pirate error coins
     
  7. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    Hey everybody look, it is more modern crap that sells a tremendously high premium for no reason! Lets all celebrate! Drinks on me ;)
     
  8. mecha1166

    mecha1166 Junior Member

    First roll. Funny, I don't collect coins but I spotted this error immediately. I think HCC and I are the only ones with them.
     
  9. HandsomeToad

    HandsomeToad Urinist

    I'm glad I'm not the only one having a problem with the prices of some of the new stuff. :goof: I figure I'll let everyone pay the outrageous prices for them while I scarf up all the really old good stuff and in a couple of years, their new stuff will go down in value and continue a downward spiral, while mine will continue to go up. ;)

    Ribbit :)
     
  10. Treashunt

    Treashunt The Other Frank

    I saw one this weekend at a coin show.
    I don't remember the asking price.

    but, what is everyone's guess as to the current value?
     
  11. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    Exactly what I'm doing my friend...
    OFF WITH THEIR HEADS (Buyers of modern crap) :D
     
  12. AUBU2

    AUBU2 Senior Member

    Value?

    I guess it will always be worth one cent, unless you can find someone willing to pay a premium. I purchased a few of them(probably paid way too much!). I just wanted an initial position in them in case they do turn out to be of significance. But it looks like the company that had a posted article
    on the Bootstraps has been auctioning them off one after another on Ebay. After i purchased one sellers complete listed bootstrap inventory, i noticed that even more of the coins were listed(So they must be awful common-at least in some boxes of penny rolls anyway.). The formative(P) boxes of 50 rolls have been coming down in price. Many are selling in the $100.00 a box range($25.00 face). Many of the dealers in Coinworld's July 6th issue were selling bank rolled Formatives in the $8 to $10.00 range. At $10.00 a roll, that would translate to $500.00 a box! Wow! With all of the error coins i don't look for them to drop much under $2 a roll, at least that was my reasoning for purchasing a few boxes!:smile
     
  13. AUBU2

    AUBU2 Senior Member

    Bootstrap.

    Sorry to disappoint you, but i also have a few! So you don't collect coins, you just like to talk about them? If HCC was so impressed with them, i wonder why they are selling so many of them off?
     
  14. AUBU2

    AUBU2 Senior Member

    Older silver coins!

    The older silver coins would take off if the silver price rises . $13.00 plus silver is'nt enticing much buying(Buyers feel better if the silver price rises, then they buy?). Sounds flawed to me anway!
     
  15. HandsomeToad

    HandsomeToad Urinist

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