2017p pennies

Discussion in 'Coin Chat' started by Gunner1944, Jan 31, 2018.

  1. fretboard

    fretboard Defender of Old Coinage!

    Shizzlean, it's shipped in from China directly to us coin collectors so we will by their counterfeits. ;) That's why I drink bottled water. :D
     
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  3. CoinCorgi

    CoinCorgi Tell your dog I said hi!

    I suggest read first and don't waste time (which is your "me time") giving redundant answers. Just being helpful :D
     
  4. David Setree Rare Coins

    David Setree Rare Coins Well-Known Member

    What put the price so high was that we were in the middle of a cent shortage. McDonalds was paying a premium for cents and the banks were out too.

    The mint Director at the time, Mary Brooks if my memory serves me blamed it on those nasty coin collectors just like they did when silver shot up in the mid '60's and the coinage started to disappear.

    To keep collectors from speculating in BU rolls of cents after they announced it was the last year that the mint in California would make any for circulation, she had trucks loaded with Philadelphia cents trucked to San Francisco and MIXED them together so one couldn't get solid date roll.

    It just made matters worse....
     
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  5. Searcher64

    Searcher64 Member

    Any year of new coins, most bank do not always have them. They recirculate most of the coins from the business of the area. To get new rolls of new coins, you have to go and talk to large retail business, get to know a few at the stores, that have large volume sales, they are the ones, that will get the new coins and currency.
     
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  6. Rushmore

    Rushmore Coin Addict

    Just got an email from the seller on EBay I bought my 2018's from that there is a delay.
     
    Last edited: Feb 2, 2018
  7. enamel7

    enamel7 Junior Member

    There usually is. They do presales until the coins come out
     
  8. Excuse_Me

    Excuse_Me Active Member

    :rolleyes:
    I'm sure you already knew this

    Lincoln cents struck at the Philadelphia Mint in 2017 for general circulation and inclusion in 2017 Uncirculated Mint sets will for the first time bear a P Mint mark.

    Adding the P Mint mark is among the U.S. Mint’s initiatives in recognition and celebration of its 225th anniversary, Tom Jurkowsky, director of the U.S. Mint’s Office of Corporate Communication, confirmed to Coin World Jan. 13.

    The 2017-P cent, with the Mint mark found on the obverse below the date, is a one-year type, manufactured in both circulation quality and Uncirculated finish versions. Collectors can obtain the circulation strikes from their local banks at face value.

    So 2017 was the only year they added the P mint mark and will be the only year they do it "so they say" That's why I think people are paying so much for them.
    You were very fortunate to get a whole box, my bank says they don't even have a roll to sell me :rolleyes::rolleyes: Someone is getting them :(:(:(
     
  9. mikenoodle

    mikenoodle The Village Idiot Supporter

    I sit corrected. :)
     
  10. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    Theoretically, he's right, but did SBAs really circulate? I think it's just a technicality :)
     
  11. mikenoodle

    mikenoodle The Village Idiot Supporter

    They were intended for circulation and that’s close enough for me. He’s right. And not just theoretically, he’s technically right. The Sacagawea Dollars were intended for circulation too. Kennedy Halves are not, however. LOL
     
  12. David Setree Rare Coins

    David Setree Rare Coins Well-Known Member

    Of course they circulated but on a very limited basis.

    I recall the first ones I ever spent (and I continue to use them on a daily basis). I was at a deli in State College PA and we had dessert. The bill came to $4.25 and I gave the girl five brand new SBA's and calmly explained to her that they were new and an experiment to try and save money by using a longer lasting coin instead of currency.

    She thanked me, gave me my change and when I was getting ready for bed, I emptied my pockets and realized she had given me back three of them for my change.
     
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  13. mikenoodle

    mikenoodle The Village Idiot Supporter

    And they made S Mint SBAs for circulation as well.

    The 1981 SBAs were struck for Mint and collector sets only. They were not struck for circulation thereby making the 1980-S the last S mint coin intended for circulation.
     
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