Question about 2009 lincoln cents
PTVETTER
Posts: 5,958 ✭✭✭✭✭
I noticed on the price guide that there is NO listing for the Copper cents from the Mint sets.
Shouldn't there be a different listing for 90% copper cents from the plated zink cents?
The only way to get the copper MS cent was from the mint sets which would have a mintage SOOOO much lower than the regular production cents....
Shouldn't there be a different listing for 90% copper cents from the plated zink cents?
The only way to get the copper MS cent was from the mint sets which would have a mintage SOOOO much lower than the regular production cents....
Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211
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Comments
<< <i>I noticed on the price guide that there is NO listing for the Copper cents from the Mint sets.
Shouldn't there be a different listing for 90% copper cents from the plated zink cents?
The only way to get the copper MS cent was from the mint sets which would have a mintage SOOOO much lower than the regular production cents.... >>
Weren't they also issued in rolls?
<< <i>
<< <i>I noticed on the price guide that there is NO listing for the Copper cents from the Mint sets.
Shouldn't there be a different listing for 90% copper cents from the plated zink cents?
The only way to get the copper MS cent was from the mint sets which would have a mintage SOOOO much lower than the regular production cents.... >>
Weren't they also issued in rolls?
>>
I don't believe the copper ones were.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>Weren't they also issued in rolls? >>
IIRC, no... They were in sets only.
<< <i>What was the mintage for the 2009 mint sets? >>
I've seen conflicting numbers but they do seem to be around:
Mint: 728,371
That is from Cointalk. I don't have a redbook on me to see what they say.
I did see at least 3 different numbers when I was Bing'ing around and searching online.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
In honor of the memory of Cpl. Michael E. Thompson
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>Are the proofs copper?? >>
according to this blog , yes.
<< <i>This is a great sleeper in the making imho. Some of us have been squirrelling away 09 Mint sets for a while. >>
<< <i>Are the proofs copper?? >>
According to the Mint's website; Yes.
<< <i>This is a great sleeper in the making imho. Some of us have been squirrelling away 09 Mint sets for a while. >>
Possibly but they will have an extremely low attrition rate which will affect the prices in the long run.
The name is LEE!
<< <i>
<< <i>This is a great sleeper in the making imho. Some of us have been squirrelling away 09 Mint sets for a while. >>
Possibly but they will have an extremely low attrition rate which will affect the prices in the long run. >>
Kinda like the 31-S cents, no???
I just pulled out the P & D coin sets I have and they seem to be toning pretty rapidly in the holder . Is anyone else seeing purple toning on theirs ? Its not happening to the proofs
<< <i>
<< <i>This is a great sleeper in the making imho. Some of us have been squirrelling away 09 Mint sets for a while. >>
>>
I'm with you guys. I bought a lot of these sets. I really thought that they'd be winners.
Waited a long time to have the final mintage. The most accurate number up to the 2013 redbook was from the 2010 US mint annual report.
In the 2012 Redbook, they were listed in the same entry line as the zinc, with a footnote that the satin finish were copper.
In the 2013 Redbook, they are given they own entry line, specifically stating they are copper. Other satin finish cents do not have this.
Next, hopefully, albums will start including them with their own spots. Then for every album sold we can expect demand to increase by one.
May take a long time, but when prices start rising they should be solid and not a roller coaster.
Mint stats at numismatic news froze about 774,xxx the week before they went of sale. The 2010 US Mint annual report reported 785 thousand. It looks like the redbook number of 784,614 is accurate.
The 1931-S moved from 2nd to 10th place @ 866,000
say it probably would be graded around a 65. Kind of cool because, as we know, most of the errors were found in the zinc made "P" series from the lp2 mint issued boxes and some found in regular bank boxes.
So now, with the low mintage of these satin finish copper cents, these errors are going to be extremely rare. What the ultimate value will be only time will tell. With the new CPG due out in the new year we'll
start to get a real feel for these single squeeze doubled die errors.
boxes. I collect these as well. PM me if you have any unopened, unsearched original 2009p formative 50 roll boxes that you want to sell.
Back to the subject at hand, I believe the satin finish errors are the winners because of the low mintages with the copper content. Any errors found in these will have a very low percentage (less than 800,000
total minted...400,000 "D"mint?) Let's say (guessing) 10% produced with errors = 40,000 errors divided by 12 known satin finish errors leaves us, assuming there's an equal amount of errors, with about
3,333 errors of each kind. Now if I'm wrong and the Denver mint produced around 800,000 individually, then the math is simple...there will be about 6,666 of each error to be found...TOTAL! I like those
percentages. Now, getting them graded by our hosts with the designation on the label would be the icing on the cake. If my calculations are correct (I have one "D" satin finish formative cent with wddr-005)
there's just 3,332 left out there...lol
I too am in the sleeper camp.
Edit: these were proof coins.
<< <i>Well, the people who called you on the 2009p bank boxes are probably looking for the errors that are only found in those particular boxes. Many of the formative series errors are exclusively found in the bank
boxes. I collect these as well. PM me if you have any unopened, unsearched original 2009p formative 50 roll boxes that you want to sell.
Back to the subject at hand, I believe the satin finish errors are the winners because of the low mintages with the copper content. Any errors found in these will have a very low percentage (less than 800,000
total minted...400,000 "D"mint?) Let's say (guessing) 10% produced with errors = 40,000 errors divided by 12 known satin finish errors leaves us, assuming there's an equal amount of errors, with about
3,333 errors of each kind. Now if I'm wrong and the Denver mint produced around 800,000 individually, then the math is simple...there will be about 6,666 of each error to be found...TOTAL! I like those
percentages. Now, getting them graded by our hosts with the designation on the label would be the icing on the cake. If my calculations are correct (I have one "D" satin finish formative cent with wddr-005)
there's just 3,332 left out there...lol >>
I love your thinking and I love your numbers! Hope your right. ( fingers crossed.)
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