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2009 Nickels and Dimes - Extremely Low Mintages
19Lyds
Posts: 26,472 ✭✭✭✭
The latest Online Coin World states that the US Mint is ceasing production on nickels and dimes for 2009! 
Current production reports are:
Nickel
Denv = 33.36 M
Philly = 36.00 M
Dime
Denv = 41.50 M
Philly = 78.50 M
I hope you've gotten yours already as this news will cause these to shoot out to the Pluto level!
Title Edited.
Current production reports are:
Nickel
Denv = 33.36 M
Philly = 36.00 M
Dime
Denv = 41.50 M
Philly = 78.50 M
I hope you've gotten yours already as this news will cause these to shoot out to the Pluto level!
Title Edited.
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
The name is LEE!
The name is LEE!
0
Comments
I fully expect 2009 to be a banner year across all coin types!
The name is LEE!
<< <i>The latest Online Coin World states that the US Mint is ceasing production on nickels and dimes for 2009!
Current production reports are:
Nickel
Denv = 33.36 M
Philly = 36.00 M
Dime
Denv = 41.50 M
Philly = 78.50 M
I hope you've gotten yours already as this news will cause these to shoot out to the Pluto level!
Title Edited. >>
They haven't been released yet.
I knew it would happen.
<< <i>They haven't been released yet. >>
And statement is based on...............
The name is LEE!
Of course, I was standing on the Philadelphia Mint's coining floor at the time..........
<< <i>I have had a 2009-P dime in my hand.
Of course, I was standing on the Philadelphia Mint's coining floor at the time..........
I will PM you my address so you can send it to me for my Dansco.
<< <i>
<< <i>They haven't been released yet. >>
And statement is based on...............
Reality.
<< <i>I fully expect 2009 to be a banner year across all coin types! >>
I fully agree, look at the nutty prices for the cents. I have yet to see anything 2009 except quarters, and those I had to look hard for.
might be largely in circulation already. It's unlikely more than about
half are but since they are going to areas with strong demand it's
likely that many have already been distributed.
I'd warn would be investors that at least about half of these will end
up in storage until the drawdown reaches them. Since it's first in first
out many of these will be in storage nearly until minting is resumed.
Even a lot of those that have hit circulation will end up going into
storage in high circulated or even unc condition.
While these might attain a high price you should expect the market
to collapse when the economy improves or even earlier as some peo-
ple will have access to coins in storage.
It takes a lot of years to winnow down the populations of a coin and
they don't suffer attrition sitting in storage. (unless they get melted).
These would actually be more common in circulation than the '69-P if
they were released. While these are all in high grade and most will
probably be saved, the '69 was not saved and the few left are in low
grade.
<< <i>The interesting part of this is that the dimes already minted this year
might be largely in circulation already. >>
In most years, the dime has been the first of the new year's coins I have found in circulation.
60 years into this hobby and I'm still working on my Lincoln set!
<< <i>I have found 3 2009 Sac dollars and about 20 DC quarters but nothing else this year. >>
The Mint did not produce any "Sac" $ for 2009....I suspect you meant to say "Native American" ... the Sac. $ is history.
EBAY Items
http://search.ebay.com/_W0QQsassZrlamir
i see tens of millions and look away
<< <i>are those mintages truly low???
i see tens of millions and look away >>
No. They're only low in comparison to other moderns.
There were 519 million '82-P dimes so so 42 million is tiny in comparison. The former is worth
a few dollars in typical unc and carries a huge premium in high grade. So people have a tendency
to think this will be worth 12 times as much.
Of course in the long run it matters only how many get saved and the total demand. Few of the
'82-P's were saved and this is becoming the long run pretty fast for them.
It'll years till we know how many of the new dimes survive but it's almost certain to be far far more
than the '82-P.
Can anyone help?
I'm still short 2 P-mints each (nickels & dimes) from '08, if you can believe it, and I only live less than 20 miles from the Philly Mint!!
- - Dave
Steve
In memory of the USAF Security Forces lost: A1C Elizabeth N. Jacobson, 9/28/05; SSgt Brian McElroy, 1/22/06; TSgt Jason Norton, 1/22/06; A1C Lee Chavis, 10/14/06; SSgt John Self, 5/14/07; A1C Jason Nathan, 6/23/07; SSgt Travis Griffin, 4/3/08; 1Lt Joseph Helton, 9/8/09; SrA Nicholas J. Alden, 3/3/2011. God Bless them and all those who have lost loved ones in this war. I will never forget their loss.
<< <i>
<< <i>I have found 3 2009 Sac dollars and about 20 DC quarters but nothing else this year. >>
The Mint did not produce any "Sac" $ for 2009....I suspect you meant to say "Native American" ... the Sac. $ is history. >>
Well, Sac. is still on the coin. Thats what I meant to say. Thanks for the correction.
<< <i>Forget whole rolls..... I just need to keep our family's Whitman blue folders up-to-date with '09 nickels & dimes >>
this may be the year to buy mint sets.
60 years into this hobby and I'm still working on my Lincoln set!
<< <i>
<< <i>Forget whole rolls..... I just need to keep our family's Whitman blue folders up-to-date with '09 nickels & dimes >>
this may be the year to buy mint sets. >>
There's a good chance mint set sales will be low as well because
of the economy. It should be an interesting year in any case.
It sure hurts me seeing so many coins going into storage though.
<< <i>
<< <i>
<< <i>Forget whole rolls..... I just need to keep our family's Whitman blue folders up-to-date with '09 nickels & dimes >>
this may be the year to buy mint sets. >>
There's a good chance mint set sales will be low as well because
of the economy. It should be an interesting year in any case.
It sure hurts me seeing so many coins going into storage though. >>
The only draw back to the mint set portion of the equation is that mint set coins are specially manufactured Satin Finish coins. While they do go nicely into a Dansco, they are not the regular business strike versions.
Unless production fires up again on the nickels and dimes, 2009 will turn into a collectible year not only for individual pieces but for roll stock as well.
If I do see ANY nickel or dime rolls for 2009, I know I'll pick some up.
And remember folks, we're only referring to business strike nickels and dimes here. Yes, there are still millions of them produced but how many actually make it to the light of day is the real collectors story.
I'm certainly not trying to light any fires here, just passing on, what I think, is some significant information that could affect the prices on these modern issues in about 5 years or so.
BTW, the mints web page is here.
The name is LEE!
All I can say is I got five rolls of the DC quarters to look for the doubled E and opened two rolls. Quality was pretty good but no doubled E's. I got these rolls in the Dallas area a couple of weeks ago.
I'm debating with myself whether-or-not to open the other three rolls.
One other thing, getting new rolls of *anything* here where I live on the Central Coast of California is very rare. I do not expect to get any without buying them.
I think having a few rolls of other recent coins may turn out well for me since I do not think they have been saved in significant numbers. Time will tell if I am correct.
Cheers
Coin Word’s Paul Gilkes reports the US Mint made the announcement on April 23, and included details of a scale back in producing for other circulating coins, like the three remaining 2009 Lincoln Pennies.
It’s not that the public or collectors dislike the new coins. Quite the opposite, in fact. Collector demand for 2009 circulating coinage is exceptionally high. It’s all about the recession. It has, by itself, significantly eroded demand for new coins in every day transactions.
Why? In addition to buying less, consumers as a whole no longer hoard loose change at home. They spend or cash it in, replenishing circulating supplies to such an extent that coin inventories at banks have climbed. Banks, in turn, cut Federal Reserve orders for new coin shipments. Federal Reserve banks do the same to the Mint, which is then forced to slash production.
Electronic transactions has already cut into demand for circulating coins over the last several years. The latest news from the Mint, however, overshadows how drastic demand for coins has been affected due solely to the recession.
Using the latest Mint circulating coin production figures for 2009 Jefferson nickels, 33.36 million from Denver and 36 million from Philadelphia were struck, for a total of 69.36 million coins. In contrast, 640.6 million nickels were minted last year. That is an astonishing 89.2 percent reduction. The last time a U.S. nickel had such a low combined mintage was in 1951.
The picture is very similar for 2009 Roosevelt dimes. 41.50 million in Denver and 78.50 million in Philadelphia were struck, for a total of 120 million coins. In contrast, 1.05 billion circulating dimes were minted last year. That is a 88.6 percent reduction. The combined mintage level has not been this low for the dime since 1955.
Finding circulating 2009 nickels and dimes will become a priority for many collectors, as their comparative scarcity is extremely attractive. The task may be quite difficult, however. To date, finding 2009 coinage has been a challenge. And unlike other circulating coins, the Mint does not directly sell the nickel and dime in bags or rolls to collectors.
Coin News
Any 2009 Nickel or Dime rolls surfaced yet?
<< <i>Dimes/Nickels/pennies/quarters/dollars.. Who needs them when you use your Visa Check card.. Hell I bettca in years to come they will be collectable..
Some EXPIRED Starbucks test cards sell for over $100.
The question is, if this actually is adopted, whether it will affect 2009 mintages.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
<< <i>I don't believe I've seen 2009-dated anything yet. Still, if these low mintages are to be believed, it's going to be another 1950-D nickel where virtually all specimens are mint state. That will probably mean there can be some premium over more plentiful dates in typical condition, but the premium for MS coins will be limited by the unusually large supply of well-preserved specimens. >>
The 50-D is still selling at 1960's prices and appears to be stuck there for the next 50 years. Furthermore, they only minted 2 million of the 50-D. The nickel and dime 30-80 million mintage "scarcity" is just the speculators using smoke & mirrors! You want real modern scarcity (used loosely), look at gold commemoratives, buffaloes, AGEs or APEs.
<< <i>Any 2009 Nickel or Dime rolls surfaced yet? >>
None are going to surface this year. I heard from a good source that the FED but in no orders to the mint for dimes or nickles in 2009. So these will stay at the mint until the fed orders some probably in 2010.
Uncirculated rolls are worth less than $10 today.
My Adolph A. Weinman signature
<< <i>I wonder if the 0.70 million N.A.$1 from Denver is correct. That is 6.5 million less than the P version. >>
No its not correct. Much of the Native american coin were minted in 2008 and were reflected in the Dec 2008 production, which is actually hiding how few 2008 Sacs were minted.
Im still wondering why even the biggest cities are unable to receive new nickels and dimes but my best guess is that Puerto Rico needs new coins because there is probably not enough in circulation as opposed to a bigger city
<< <i>I have been looking on Ebay for completed sales of rolls or singles and there is absolutely nothing. I spoke to my dad (who lives in Puerto Rico) and he was told by the bank that he does business with that they do in fact have 2009 dimes and nickel rolls. The bank told him they are in bank bags and in order to get them he must call one day in advance so that they may move them from the main cashier (which I assume is the vault) to the tellers. Ill be keeping everyone updated and helping out some of you (you know who you are)
Im still wondering why even the biggest cities are unable to receive new nickels and dimes but my best guess is that Puerto Rico needs new coins because there is probably not enough in circulation as opposed to a bigger city >>
Let us know, I will pay 3x face for whatever e can get.
<< <i>
Let us know, I will pay 3x face for whatever e can get. >>
Thats very generous of you, Ill definitely take it into consideration. I really hope that this goes through and if it does then I should be receving 22 rolls of dimes and 25 rolls of nickels. I'll be helping out a few forum members in the best way I can so once i do receive them Ill keep you in mind. Just shoot me a PM that way I know and it works as a reminder
WILL WORK FOR 2009-minted NICKELS & DIMES
Might help fund some of these bail-outs.
<< <i>Please let me know if you want to get rid of any and your price. >>
Same goes for me.
<< <i>
<< <i>
Let us know, I will pay 3x face for whatever e can get. >>
Thats very generous of you, Ill definitely take it into consideration. I really hope that this goes through and if it does then I should be receving 22 rolls of dimes and 25 rolls of nickels. I'll be helping out a few forum members in the best way I can so once i do receive them Ill keep you in mind. Just shoot me a PM that way I know and it works as a reminder >>
not greedy just two examples of each please for a reasonable price plus shipping costs thx
<< <i>The 1958 Philadelphia Jefferson nickel had a mintage of 17 million.
Uncirculated rolls are worth less than $10 today. >>
And I suspect that if you carried a roll into a dealer, he might offer you $2.50 for it. Who wants 1958 rolls - probably no one.
Who will want 2009 rolls of anything in 40 years? Probably very few. The time to cash in on 2009 commons is now. So if you find them, dump them, for whatever any starry-eyed brainiac will give you.