2019W uncirculated ''penny'' MS70

Nope, it's maniac.......

 

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Understatement of the year Frank, but 'spot on'........

 

I track the sales of mint, clad proof, and silver proof sets and have threads on the sales history of each set. I'm not noticing a significant uptick in sales of these sets in 2019 as a result of the W-cents.

 

It will be interesting to see the final numbers at the end of the year. I wonder if the many complaints about the quality of the "free" W cent turned off some buyers. There was a time many years ago that I purchased proof sets. Unfortunately I realized too late that these were poor investments and really didn't meet any of my collecting goals. They took up space and took money away from coins i really wanted.

 

It will be interesting but they are on track to be less than last year. The sales of all three sets has diminished every year for over a decade.

 

I started buying mint sets again a few years ago. I break out each denomination for my modern sets.

 

Absolutely agree! I collect them for history and then pass them off to my daughters.

 

It's possible the mint may issue an "enhanced" finish with the W mint, since that's about the only other thing they haven't done yet. May keep that for 2020.

 

another tulip craze

 

When will the mint halt production of 2019 sets containing the bonus ''penny''? Is there a history of when they usually stop, like at the calendar year end or when the 2020 sets become available? Trying to predict when I can reliably know the final populations of these W cents. Thanks.

 

First will come the hint they are running out and will have to stop ( some indefinite date in future and people who need exchange service better hurry) , then they will sell rolls of them to their commercial dealers , etc.

It is Mint Cheese in a trap for all of the little mice to try and resist. IMO. Jim.

 

It seems to be getting later every year. They stopped selling the 2017 sets late last year. I'm guessing that the 2018 sets will stop selling in December 2019 with the 2019 sets stopping in December 2020.

 

Thank you Phil.

 

They can sell them as long as they want as long as they have stock, but they can't strike anymore after the end of the year. Who knows, they may have expected the bonus cent to have make a big uptick in sales so they may have a boatload on hand and if so could sell for a long time.

We won't know final figures until whenever they announce the end of sales.

 

Watch out for the pop numbers. Sure, there may be on 35 now, but they are all shiny new coins at this point, issued in sets minted with COLLECTORS in mind. So if prices stay high, and people are buying plastic, they can submit a bunch more and that pop will rise. Another practice that can be deceiving is getting a piece of a story, "only 35 graded by NGC", okay, so how many by PCGS? How many by ANACS? When did they come up with that number, the very first day they were released?

Money can be made by flipping modern coins for sure, but acquire quick and flip fast, because once the truth comes all the way out values will drop down. My advice if you want a modern coin, wait at least two or three years to acquire it. The money you save by doing that, figure it out, it's a heck of a return! Better to be on the right side of it than the wrong side.

 

Questions for people with more expertise than I? I have 3 each of the 2109w Lincoln's from proofs all which are beautiful none of the recently mentioned issue's some collectors got also have all 5 2019w quarters 4of 5 are immaculate and1 has a tiny coin bags mark. For a guy saving for grandson (not resale) but wanting a grading is ANACS ok or should I pay the man and send to PCGS or NGC or none? Thanks for any insight.

 

If it was me I'd go to PCGS or NGC.

 

thanks WX was leaning that way but don't know if any of these would have a value worth the face value in time? US Mint is shaky

 

Since you said that they were for your grand kids I considered both time and sentimental value. I'm sure others would suggest getting nice plastic holders and save the grading fees and I wouldn't argue with them since I very much doubt their value would ever be as much as the grading fees, unless they graded top pop.

 

thanks again Rodney I mean WX great input TY