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PennySaved
1000+ Penny Miser Member
    
 USA
1720 Posts |
Posted - 10/16/2009 : 18:36:42
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I've noticed some listings on ebay for 2009 Lincoln penny errors. Do you think there will be a real market for this or is it just a fad?
Do many of you look for error 2009 Lincoln pennies when you are sorting?
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SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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daviscfad
1000+ Penny Miser Member
    

USA
1664 Posts |
Posted - 10/16/2009 : 18:56:32
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i look for them when i see the new cents |
Inquiring minds want to know |
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fb101
Administrator
    

USA
2856 Posts |
Posted - 10/16/2009 : 19:43:30
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I don't bither checking new pennies for errors. I put more time looking into the known errors with value, like the wide AMs etc. I started spending so much time looking for errors, my sorting went to almost nothing, so I cut back. Most of the new coin errors (IMO) run a fad then die out. I was selling a lot of dollar coin errors through 07 and 08 and doing well, but the things that used to pull real money now maybe get five bucks. I have a couple of rolls of coins with misaligned edge lettering and such that probably wouldn't sell nowadays. Just think about the speared bison. They were over $300 at one time, now I think they're 3 bucks. But if you can catch a fad, run with it. It will support your hoarding habit. |
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JobIII
1000+ Penny Miser Member
    

USA
1507 Posts |
Posted - 10/16/2009 : 21:16:24
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I would like to add that these "new errors" have are much like IPO's. Start out selling high, then drop to a depressed value. If they last however they do gain value in time. Key element is, will these new errors be considered valuable in the future. If you find one hold on to it and find out. |
Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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PennyPauper
Penny Collector Member
  

USA
395 Posts |
Posted - 01/02/2010 : 23:02:32
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Finally wanting to look through some lp2 and lp3 I set aside for errors.Anyone have some good links for types and recent values. |
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uthminsta
1000+ Penny Miser Member
    

USA
1872 Posts |
Posted - 01/02/2010 : 23:14:05
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Start here: You must be logged in to see this link. But every time I suggest this page to someone, I include a warning: there are THOUSANDS of possibilities. It all depends on how far you want to dig into variety hunting. |
Come to the new and improved realcent: http://realcent.org
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Edited by - uthminsta on 01/02/2010 23:15:26 |
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PennyPauper
Penny Collector Member
  

USA
395 Posts |
Posted - 01/02/2010 : 23:46:52
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Thanks,I started there and found alot of info.I know why you give warning,I got lost several times. I remember being there before when I had questions.Lost all my links to old laptop. This one has the lp3 with the windows I heard about. You must be logged in to see this link. Also hit coneca,You must be logged in to see this link. and potter You must be logged in to see this link. I was really into errors/varities when I handsorted,learned alot and its exciting when you find something,even if its just a 1998 or 2000 wide am.Still look for the 1999,and a few others.
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uthminsta
1000+ Penny Miser Member
    

USA
1872 Posts |
Posted - 01/02/2010 : 23:54:06
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Hey how much can I expect to spend to get the 1998-2000 wide AM's for? If I have to buy them, I mean. Obviously I would love to find 'em in my sorting. |
Come to the new and improved realcent: http://realcent.org
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oober
1000+ Penny Miser Member
    

USA
1304 Posts |
Posted - 01/03/2010 : 00:18:34
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quote: Originally posted by uthminsta
Hey how much can I expect to spend to get the 1998-2000 wide AM's for? If I have to buy them, I mean. Obviously I would love to find 'em in my sorting.
The 99 will cost a bit. I don't know the going rate(check Ebay completed sales), A 98 I can let you have one for a couple silver dimes if you really need one. I don't know if I have multiple 2000 though I would have to look. But an extra 98 I know I have..
I've got an extra 2000 also. 6 silver dimes for a 2000 and a 98.. Shipped. |
Edited by - oober on 01/03/2010 00:21:09 |
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uthminsta
1000+ Penny Miser Member
    

USA
1872 Posts |
Posted - 01/04/2010 : 12:39:32
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Will consider this. I'd have to get the dimes first. I have none. |
Come to the new and improved realcent: http://realcent.org
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PreservingThePast
1000+ Penny Miser Member
    

USA
1572 Posts |
Posted - 01/04/2010 : 13:15:36
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quote: Originally posted by uthminsta
Hey how much can I expect to spend to get the 1998-2000 wide AM's for? If I have to buy them, I mean. Obviously I would love to find 'em in my sorting.
I have a 1999 Wide AM that I received in change. Sent it off to be graded and it came back as an AU 58 and have had a guy offer me $150.00 for it sight unseen. I have been told it is worth more though so I am still considering my options.
If you went to the CONECA home page there is a brief write up about me finding it, a good ways down their page now. The picture isn't my coin, I think it is a stock photo from Ken Potter. But the picture will help you locate the article. |
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