I am looking at the last remaining Lincoln 2-roll sets (LP3 and LP4) and I'm thinking about how they're never going to be minted or sold by the Mint ever again. I'm wondering if it makes sense to grab a whole bunch of them (maybe 20 each) in hopes of selling them all down the road sometime. What do you think?
these coins are common as dirt. I wouldn't pay a premium for them. If you can get them at face, you can hardly lose, but I don't think that there's much of an upside.
I can accept that perhaps the new pennies are too common by now. However, the Mint packaging more often than not brings a premium to many collectors. I am curious if it's worthwhile from that angle.
I'm one of those possibly crazy people who thinks these coins could get very expensive, very fast during the next 10-20 years. They're a great long-term investment. That's what i'm using mine as. I haven't bought and am not going to buy any from the mint though. Their 9 dollars for 2 plus shipping and handling is outrageous. I've found about 30 rolls at face value from banks in my area and at my job site (grocery store). ______________________________ "The trick to flying is learning how to throw yourself at the ground and miss"-Douglas Adams
Unfortunately, in this case, it IS the mint packaging that brings the premiums. Big difference between mint rolls and 'bank' rolls. Look at the premiums the REAL (the 2 roll set from the Mint) LP1 brings.
My theory is: as long as they're in mint state, they'll eventually be worth something. If they aren't i'll hand them down the generations until they are. They're sort of a side project for me right now anyways. But thanks for the advice!
All the 2009 Lincolns are worth is $25 a box for 2500 ct. All the 2009 Lincolns are worth is $25 to $30 a box for 50 rolls. Labels do not a true coin collector buys unless 100 or more years old. I would pay bit more than $25 for a couple of the "D" boxes and the last 2 issues just to have them before the next show - after that I expect and will buy them at around the $27.00 range for the next 20 years or so. The mint "2" rolls sets may bring some premium for awhile but these to will be bought and sold for next to nothing within 2 years.
the only one that holds any premium beyond Mint issue price is the LP1 Mint Wrapped Rolls. The rest are pretty much as worthless as String & Sons rolls.
Not a good investment... Hello I feel that these coins will never be worth much.. I got one roll each from both mints... The market has been flooded with these starting with LP2... IMHO ....
Depends what happens in the future. Will one be able to get them in bu rolls at face value? If not, in quantity, will most of those released into commerce be circulated? How, many have speculators hoard? I'll answer that: a lot. If you can't sell them on eBay for a buck, at least they'll buy a lot of gumballs. As for the mint wrapped rolls, I don't collect wrappers, but it appears many do. Will that trend hold? I don't know, my crystal ball is broken.
The LP1 will NEVER be worth next to nothing, and the LP4 will have the second lowest mintage, so anything can happen. If the DDR's of the LP2 catch on, the LP2 sets will be sought after, as they were early on. These DDR's wre ONLY in the sets the Mint shipped, so..... I have to disagree with the statement 'worth next to nothing within 2 years'. With the LP1 still in the $80 range, don't ever expect them to be worth next to nothing. (besides, I got 20 sets of the LP1 from the mint and sold while they were over $100 a set, which funded the rest of the series, so, even if they ARE worth just their face value, they are all free for me anyway, plus I made money on top of it, not to mention the LP2 sets I sold at a premium). These Lincoln's were a flippers dream...noone got RICH, but made enough to fund all the Lincoln merch this year....just look at the premiums from the Lincoln Coin & Chronicles set. They are still at $120-$150 for a $50 set.
My sentiments exactly. If there is a mint wrapper on a roll of coins, the rool will draw a premium. The mint wrapper guarantees UNC. A String or , what's the name of that other company--Dun...????, doesn't guarantee UNC. Brain block just set in. sORRY:goofer:
Whatever else anybody says about them, they are one-year types, and as such show some potential, IMHO. But buy as cheaply as you can ... face value is good! :mouth:
I've been watching the LP1 rolls for a while. It seems that they are still holding around the $70-$80 range... I own the LP2-5 and of course didn't pay a premium for those (other than Mint premium) However, I'm wondering if I should pull the trigger and just complete the set... I have yet to come across a single 2009 cent of any type, or a shield cent for that matter. I look through all the change I get. (by the way, I hate when cashiers round up on the change! Like they are doing me a favor! Haha) anyway, since I can never find these in circulation, would this fact alone keep the LP1 roll set selling at a high premium? I'm surprised at how many people don't even know that these cent types even exist... Any advice would be helpful!
Just stick with it and keep searching. I am amzed that some have not found even one 2009. I have a complete roll of each, LP1-LP4, just from roll searching. They're 99.5% P- mint. Have to ask my friend in the state of Washington to send me a box of LMC's. Does anyone know what the mailing charges would be? But not even one 2010 yet. zeke
I have found quite a few LP1 - LP4 thru roll searching and I don't think I have any that are not a "P". This year I am going to guess and say I have searched about 250 rolls and have found 3 rolls of assorted LP1 - LP4. I just started finding 2010 cents the last few weeks.
I got 5 of the sheild cents yesterday. 3 at the liquior barn and 2 at the gas station. I have all the 2009 cents from circulation. Tim
I found my first 2009 cent in change today!!! It was the birthplace cent! My favorite cent!!!! It was quite a bit spotted. Are these coins being minted differently? Are they more prone to these spots? I find older cents that aren't as spotted...
