U.S. Mint ends 2009 5¢, dime production

i never had the problem guess being blue blooded has its perks

 

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That's what I've been wondering.

OK, folks . . . Spock's statement is up for discussion. Agree? Disagree? Why or why not? Can you bring up comparisons to other recent coins that support or undermine his hypothesis? Are they valid comparisons?

Discuss.

 

Good gosh folks it's common, circulation made for commerce coin

Good gosh folks it's common, circulation made for commerce coin. They will be everywhere, thick as flees at some point and they are not nor will they ever be rare. It's just like the first Lincoln reverse. They are not rare nor will they ever be. Right now they are rare because of availability (plus stupid distribution plans by the mint) but soon they to will be thick as flees. Easy fellows, (and gals)!
Nothing wilth hundreds or millions or more copy made ever has been rare or valuble and never will - I just don't think you all know what a hundred million looks like - would someone please help me here????????????????

 

I've seen ONE '08 jefferson nickel in circulation. I haven't seen any recent FDR dimes either. No '09 pennies and one DC quarter.

new coins just aren't making it into New York city.

 

Well, once obvious piece of data to support what you're saying:

If I have my figures right, the last nickel to have this low mintage was 1960-P. I see that "ValleyCoin" is selling a roll of UNC 1960-P for 6.95 (singles for 0.39). Not a whole lot of appreciation given that it's close to 50 years old (and that that price is retail).

Anyone have any contrary views?

 

I've seen some 2008 coins . . . but I have yet to see a single 2009 coin of any denomination (except for what I've purchased). (I live in the DC area -- haven't even seen a DC quarter!)

But, as the older, wiser, folks here keep saying:that's because of the "backwash" of coins. I.e., in times of recession, the flow of coins from federal reserve to banks to customers is somewhat reversed -- meaning: customers are bringing coins to the bank more so than in other years, so that the 2009 coins will be slow to get into circulation. But (as the wiser older folks keep saying) there are way too many 2009 coins for them not to find their way into circulation -- it's just that it may take many more months than usual. (A few folks here have pointed out that they didn't see their first 2008 penny till the latter part of last year).

 

thats not a statement its a royal proclamation so u wont find anyone disagreeing with it

 

and if u guys are smart ull watch the 2010 production very carefully for hidden gems

 

I've been wondering about this myself, in fact I spent a few hours trying to find the 09 nickels and dimes on the secondary market. Nothing, nada, it makes finding 09 cents look easy.

 

bhp3rd, I'll help you out!

Jefferson Nickel 1950-D Production total = 2.6 million (1/12th of 2009 mintage)

Horded in mass. Nearly 60 years old and high MS examples can be had for less than $15. So what's really the prospect for 2009s, even in 60 years?

Reality checks:

- 2.6 million being the lowest mintage of them all, still isn't that low.

- Just because 33 million is less than 100 or 500 million doesn't make 33 million a small number!

- Give them a chance to come out! Once it's realized how plentiful all this 2009 stuff will be, everyone will already be moved on to the next big, supposedly rare, thing. And prices will plummet.

- At best, it could be a repeat of the 50-D. Hording. Huge price bubble. Many people overpay to get them now. Bubble bursts much sooner. At best you're left with maybe a roll of $2-$3 coins for your grandkids........ in 60 years.

Bigger fish to fry guys.

 

2009 lincoln cent and puerto rico quarters will go down in prices. because now we are focusing on 2009 nickels and dimes.

 

Let me rephrase this part. It is a small number if the demand is there. So lets go big. Lets say a huge, unrealistic number of people care and want these for some reason.

Say a million people! want 10 mint state examples, 10 years down the road. That leaves over 23 million in circulation that nobody wants or cares about.

Or 10 million people could want only 1.

Say 10,000 people want 1,000 of them! Again, completely unrealistic. Again, there's still 23 million left over for everyone else.

More realistically, you probably couldn't find two thousand people who actually care to save them or want them in 10 years. Or even right now.

So everyone in this thread could buy up boxes and boxes of them. Try to corner the market and it's still not going to make a bit of difference.

There's simply too much other stuff to worry about, leaving these 09s as plentiful as anything else whenver you want one.

 

till you reach 2109 that is

 

year 2008, 2009 and even 2010. these three years mint products might have so many low mintages and surprises. it is the best three years that a collector can enjoy this hobby.

 

Nope. I still don't buy it. With the internet available, very few things will ever be rare again. Before the internet, I might have agreed. But not now.
If you're looking for a commemorative with only a couple hundred thousand mintage, there's always 10 or more examples available on ebay alone, every day. Without checking another site.

There are very few coins that can't be located and purchased in a matter of minutes by the click of a mouse. Every 2009 circulation coin won't be any different. 2109, 2309... these should still be found easily and had relatively cheap.
These aren't going to have the nostalga of their predecessors. Not even close.

 

too bad some of us wont be around in 2109 but ill let the others know that year whether u were right or wrong :whistle:

 

Just wondering - Do you think this may mean lower production totals for the three remaining pennies, four quarters and three presidential dollars?

 

quite possibly but the dollar coins will continue to go down they dont have enough room to store the old ones let alone make new ones

 

Fast forward to the Amero.......

OK that hurt my brain.

I found extra rolls of District of Columbia (P) quarters and have rolls of new 2008 pennies (P)and nickles (P).

I need any 2008D, 2009 rolls of pennies and nickles and PR quarters from Philly and Denver

Anyone care to swap?

0CD

 

we have the open section for thos eposts