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<p>[QUOTE=&quot;The Penny Lady®, post: 586102, member: 16948&quot;]Have any of you read the article in a recent Numismatic News called &quot;Birthplace cent scarcest in 50 years&quot;?&nbsp; It says the Birthplace design is the &quot;scarcest cent struck for circulation in over 40 years...&quot;&nbsp; Philadelphia struck 284.8 million and Denver struck 350 million for a combined 634.8 million pieces.&nbsp; The article goes on to state that &quot;Not since 1954 has the combined output of the nation&#039;s minting facilities been so low.&quot;&nbsp; </p><p>&nbsp;</p><p>Now of course these figures do not include the 3 new designs that have yet to be released, but in my opinion each design should be &quot;counted&quot; as a separate new coin, just like the quarters were.&nbsp; I&#039;m sure you all know how much the first state quarter has gone up in value.&nbsp; </p><p>&nbsp;</p><p>In any event, my point is that these designs taken individually are indeed rare not only in mintage but due of course to everyone hoarding them since they are the first new design, and that&#039;s why the prices are being marked up - it&#039;s just plain old hard to get them.&nbsp; When they first came out, I tried several banks many many times, and they all said they sold out the day they came in.&nbsp; And I have yet to get one in pocket change.&nbsp; To me, all this means that, unless you have an &quot;in&quot; at a bank, the new designs will cost a lot more than face value to obtain - even from the mint.&nbsp; Since my business is pennies, I had to turn to Ebay to buy these coins just to have them in my inventory, and I paid dearly for them.&nbsp; But I am speciulating it will be worth it, both as a collector and as a dealer.[/QUOTE]</p><p><br /></p>

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