Discussion in 'US Coins Forum' started by Williammm, May 25, 2019.
Are the 2009 copper pennies under valued?
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Normally about a cent value give or take.
Even though it is still illegal to melt the pennies, the sheer cost of extracting copper from any of these coins is a losing proposition. Therefore, you should look at them from a numismatic point of view - condition & rarity. In total, about 2 billion of the 2009 cents were produced. You tell me!
Probably overpriced. I can buy a BU set for under $10.00 as there is very little demand.
I didn't think OP was asking about melt value.
I didn't think the 2009 copper issues were especially valuable, but here's a 2010 PCGS article talking them up. Perhaps they've got more potential than I thought.
The OP didn't say exactly what he meant, but since there are only two ways to value these coins, I thought it would be best to raise the issue of melt value for comparison.
As for the PCGS article, it has been 10 years since the coins were released and they have incurred little increase in value since then. Maybe it was just wishful thinking.
I would assume he DID mean what he said. He asked about the COPPER 2009 cents (Mint set and proof set coins) not the common plated zinc cents.
I like the Proof pieces which are made of solid bronze. They are inexpensive, but I like them as a collectors’ item, especially the five piece set with the Lincoln Dollar.
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