Will the Mint put out Mint rolls for the 2010 shield penny?

packers88 · March 15, 2010 1:05AM

I thought they would be out by now. Any idea if they will be selling the shield pennies in the Mint rolls? Also, if so, how many is usual for pennies from prior years, not counting the 2009 lincoln presidency series? Thanks

OPA · March 15, 2010 1:16AM

I believe they will. Later this month or early next month. Same 2 roll set priced like the previous ones.

Classof67 · March 15, 2010 1:17AM

Yes they are supposed to be out by April. Weren't any prior to 09.

packers88 · March 15, 2010 1:22AM

Thanks, do you believe they will have basically unlimited quantities? I thought the Mint limited the log cabins to 50,000 sets and everyone knows what those sell for now, close to $100. I'm just wondering if there is any chance they might do a 100,000 or whatever quantity limit on the 2010 shield pennies. I'm just trying to pick up that next log cabin steal like I did last year. Obviously, if the Mint keeps producing quantities to meet any kind of demand regardless of how large it is there will lilkely be no after market premiums. Interested in hearing thoughts on the estimated mintage of the 2010 Mint Shield rolls. I really don't have much experience in buying Mint rolls and I'm just wondering if they set limits or what.

LanLord · March 15, 2010 1:30AM

"Thanks, do you believe they will have basically unlimited quantities?"

As a tax payer, I recommend you buy as many rolls as possible. 10, 20, 200, 5000, the more the merrier!

pf70collector · March 15, 2010 2:07AM

If they put a limit, they may only make 100,000. Its a crap shoot. Ya take your chances.

LanLord · March 15, 2010 2:09AM

<< If they put a limit, they may only make 100,000. Its a crap shoot. Ya take your chances. >>

one hundred thousand cents?

They make billions of them. If there are only 100,000 this year, I'll eat a roll of them, with wasabi

MsMorrisine · March 15, 2010 3:54AM

<< The 2010 Lincoln cent has a metallic content of 2.5 percent copper, with the balance being zinc. The coin will be issued for circulation in quantities to meet the demands of commerce. Numismatic (proof and uncirculated) versions will be included in the United States Mint's annual product offerings. The coin will also be available for sale in two-roll sets this spring. >>

from the mint

Thanks to SmokinCoin for the new avatar!

Bochiman · March 15, 2010 4:21AM

<< 

<< If they put a limit, they may only make 100,000. Its a crap shoot. Ya take your chances. >>

one hundred thousand cents?

They make billions of them. If there are only 100,000 this year, I'll eat a roll of them, with wasabi >>

Well, I would wager that, given the theme on this and past experiences, he is talking about 100,000 of the USMint roll sets (ie....50P and 50D).

telephoto1 · March 15, 2010 4:45AM

I don't know why everyone's so excited about these...it's not like last year where you had one-year-only commemorative issues. This is going to be the new ongoing design, so barring any major error or variety, these will be around in droves by the end of the year. Plus, being the first year of issue for a new type, everyone, their brother, sister, dog and cat will hoard them...so they will be out there in large quantities, in high grades for some time to come. jmho

Robb · March 15, 2010 4:48AM

<< I don't know why everyone's so excited about these... >>

Because they are collectors.

tahoe98 · March 15, 2010 4:57AM

....i'll be excited if they're spotless!

chucknra · March 15, 2010 5:25AM

I'll buy lottery tickets if they're spotless!!!

telephoto1 · March 15, 2010 5:56AM

<< 

<< I don't know why everyone's so excited about these... >>

Because they are collectors. >>

Thanks for that insightful response.

smokincoin · March 15, 2010 7:22AM

<< 

<< The 2010 Lincoln cent has a metallic content of 2.5 percent copper, with the balance being zinc. The coin will be issued for circulation in quantities to meet the demands of commerce. Numismatic (proof and uncirculated) versions will be included in the United States Mint's annual product offerings. The coin will also be available for sale in two-roll sets this spring. >>

from the mint

Thanks to SmokinCoin for the new avatar! >>

You looked alot better being female!

cladking · March 15, 2010 7:49AM

<< 

<< The 2010 Lincoln cent has a metallic content of 2.5 percent copper, with the balance being zinc. The coin will be issued for circulation in quantities to meet the demands of commerce. Numismatic (proof and uncirculated) versions will be included in the United States Mint's annual product offerings. The coin will also be available for sale in two-roll sets this spring. >>

from the mint

Thanks to SmokinCoin for the new avatar! >>

The last couple years has seen huge redemptions of coins from the general public and greatly
reduced demand for coin from commerce. People in the past would be far more likely to just
redeem larger denominations which meant lots of pennies sitting around idle (200,000,000,000
of them). But a disproportionately large share of these would be redeemed during the recess-
ion. A great deal of new production seems to only be to replace the zinc pennies which have
an astronomical attrition rate in circulation. It is possible that pennies wouldn't be needed for
commerce this year if the recovery from the recession is tepid. Even if this occurs though the
sales of these will likely be plenty high enough to prevent them being very scarce and the one
million SF examples in mint sets will hold a lid on prices.

It is a very interesting situation however and one that bears attention.

NitroCruiser · March 15, 2010 9:42AM

<< I thought they would be out by now. Any idea if they will be selling the shield pennies in the Mint rolls? Also, if so, how many is usual for pennies from prior years, not counting the 2009 lincoln presidency series? Thanks >>

They are still being processed. They have just passed trough the sandpaper tumbler and need to be hand shoveled into the spotting machine before they are ready for the collector in rolls.

1201reset · April 2, 2010 11:01AM

I have two of the 2010 P shield cents, in my hot little hand.

My Wife received them in change a couple of days ago,
they were destined for the "Jar" when I spotted them.
Yes, they have some brown spots and the normal bag marks.

I figured I should stash them in a flip, just in case I don't see
them in circulation. Besides I saw them for sale (.25), at the
Ft. Lauderdale Coin show a couple of weeks ago.

SUMORADA · April 2, 2010 11:19AM

opps......I mean't to post this on another thread......

JedPlanchet · April 2, 2010 12:04PM

2010 Lincoln Cent Coin Two-Roll Set available 4/8/2010 from the US Mint: Link

OPA · April 2, 2010 12:23PM

<< 2010 Lincoln Cent Coin Two-Roll Set available 4/8/2010 from the US Mint: Link >>

Thanks for the "heads-up" ... I just noticed it also on the Mints web site. ( Thursday at high noon )

bumanchu · April 3, 2010 3:57AM

<< 

<< I thought they would be out by now. Any idea if they will be selling the shield pennies in the Mint rolls? Also, if so, how many is usual for pennies from prior years, not counting the 2009 lincoln presidency series? Thanks >>

They are still being processed. They have just passed trough the sandpaper tumbler and need to be hand shoveled into the spotting machine before they are ready for the collector in rolls. >>

Too funny!!

tahoe98 · April 3, 2010 4:06AM

<< 

<< 

<< I thought they would be out by now. Any idea if they will be selling the shield pennies in the Mint rolls? Also, if so, how many is usual for pennies from prior years, not counting the 2009 lincoln presidency series? Thanks >>

They are still being processed. They have just passed trough the sandpaper tumbler and need to be hand shoveled into the spotting machine before they are ready for the collector in rolls. >>

Too funny!!

>>

....and spot on accurate.

Will the Mint put out Mint rolls for the 2010 shield penny?

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