Will the 2009 Proof sets hold their value?

Being that the 2009 proof sets have the Lincoln pennies, is that reason enough to load up on them while they're still on sale?

 

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I've wondered about this myself, only because the Lincolns included are of a different composition. Normally these sets don't sell very large numbers so I would think sometime in the future those wanting the Lincoln type only included in this set would pay some kind of premium for them.
Guy~

 

It is purely speculation until the Mint stops selling them.

 

The uncirculated mint set (and not the proof set) will be the winner. TC

 

why do you think so, TC?

 

yea TC why?

 

I think that many collectors are starting to equate scarcity for value. This is a HUGE mistake. Just because something is of lesser quantity than something else, doesn't make it more valuable.

People have to want one before it becomes worth anything.

 

I want ten

 

This is the only place to get the satin copper cents. There are many Lincoln collectors who will want all varieties, and this is a relatively inexpensive/low mintage set with a lot of potential. TC

 

I agree with all of that except the first part about they are "starting to". It's been that way for a very long time. IMO, I think it's human nature that if you don't see it it must be rare and valuable.

 

you know, TC you had me until you said satin. I don't pretend to know what the future will bring, but one thing that I will assert is this:

In the future when the satin coins are brought to market, nearly all of them will be UNC and of very high grade. They will be even more homogeneous than the modern proof coins.

Had you said that they were copper, I would have agreed in that I forgot that the 09 Mint set has special composition cents as do the Proof Sets. I have speculated and bought extra of these sets for that exact reason and had forgotten until TC posted.

 

Thanks Topcat. Your rationale is sound to me. I was on the USMint site today, and noticed the price of their 2010 cents. I thought the price was high. I only collect Wheat Ears right now. I hope to pick up Indian cents someday. I missed out on 3,000 not too long ago. Priced at less than a buck each, they were gone quick!.

 

It's just something about the "original" composition of the cents that drove me to purchase a few extras in regard to Proof, Silver Proof, and Uncirculated. Not that I'm going to sell them mind you, but adding a few of the sets that contained the original copper composition to my collection made me feel as if I was adding (if even a teeny) a little value to my meager holdings......:smile Ain't collectin' fun?

 

I say that they will pop up..

 

typically things that have popped up in value either had household limits or had their sales end abruptly before the end of the year (2004).

This set has done neither. I think that they will eventually appreciate, but if you're looking to make money, there are much better things to invest in.

 

Agreed Mike. That's why I collect coins and invest in other things.....

 

Regardless of the satin finish, the mint sets are indeed the only place for uncirculated (non-proof) 2009 copper cents. MCM is currently selling an NGC SMS MS69 set of 8 P + D 2009 Lincoln cents (the exact same 8 cents you get in the uncirculated mint set) for a whopping $635 and a MS68 set for $159. If this is any indication of future premiums, I like the 2009 uncirculated mint set still available on the mint website at $27.95. It would be great for this set to sell out soon and unexpectedly. :thumb: TC

 

agreed. I don't think that the price for these sets will ever be any lower.

But let me ask this...

do you think that those prices that you quoted are realistic, or really inflated? I think that those prices will never hold up over time, but as I said in previous posts, I don't pretend to know, it's just a guess.

 

I agree with you that those prices are really inflated. I also have absolutely no idea if they will hold up over time. It really depends on a lot of factors including actual quality of those Lincoln cents in the uncirculated mint sets and also eventual demand for them. I would love to know what percentage get MS70 versus MS69 versus MS68 and so on but it is probably too soon to get a valid estimate. TC

 

Speaking of satin finish on Lincolns, I bought a P roll and a D roll from a local shop and decided to look through them. The P roll had a normal cent circulation finish while the entire D roll was satin, in a supposedly circulation roll. Is this a normal thing to see? The differences between the two rolls are like night and day. Kinda weird.
Guy~