2009 pennies?

Forum for discussing any topic related to investing in, collecting and saving US, Canadian, UK, and other Copper Bullion Pennies for their metal content.

2009 pennies?

Postby thaler » Tue Jun 07, 2011 8:44 pm

Can you guys tell me the significance of saving the 2009' s? (if any) :?:
thaler
Penny Sorter Member
 
Posts: 60
Joined: Sun Jun 05, 2011 8:35 pm
Location: Southeast GA.

Re: 2009 pennies?

Postby Diggin4copper » Tue Jun 07, 2011 8:45 pm

Low mintage.. I just throw them in a box when I see them..
User avatar
Diggin4copper
1000+ Penny Miser Member
 
Posts: 1374
Joined: Sun Jan 16, 2011 10:35 am
Location: Southeastern Mass

Re: 2009 pennies?

Postby Morsecode » Tue Jun 07, 2011 8:50 pm

Same here...I have a few tubes. I figure that if I'm already sorting cents anyway, and I hit a box with a bunch of uncircs, why not save 'em? I do the same with any uncirc cents if there are enough to justify it.
Let's Go Brandon
User avatar
Morsecode
Too Busy Posting to Hoard Anything Else
 
Posts: 4113
Joined: Thu Feb 10, 2011 10:04 pm
Location: Southern New England

Re: 2009 pennies?

Postby Centsation » Tue Jun 07, 2011 9:19 pm

I save all AU and BU 2009 cents because of the low mintage, especially the Philadelphia Presidential ones. Most of the ones in circulation are still in really good condition since they've only been out a little while. Even though they're zincs, I can justify saving them because I think that they'll end up being worth a decent premium in the future.
User avatar
Centsation
 
Posts: 29
Joined: Mon May 09, 2011 3:35 pm
Location: Utah

Re: 2009 pennies?

Postby csb3tennessee » Tue Jun 07, 2011 9:27 pm

I save all 2009s. #4P (mintage of 129,600,000) is lowest since 1955-S. Out of the last 90,000 pennies I've searched, only found 2! May just be my location- I've found about 200 of the #4D (mintage around 198,000,000).
csb3tennessee
Penny Pincher Member
 
Posts: 105
Joined: Tue Aug 31, 2010 3:00 pm

Re: 2009 pennies?

Postby thaler » Tue Jun 07, 2011 11:11 pm

I sorted a 25# bag of CWR today and got 86!
thaler
Penny Sorter Member
 
Posts: 60
Joined: Sun Jun 05, 2011 8:35 pm
Location: Southeast GA.

Re: 2009 pennies?

Postby Number21 » Tue Jun 07, 2011 11:51 pm

Low mintage?! I'm finding TONS of these. I've been saving them only because they have the special things on the back, they will surely be worth more in the future since they were only made for 1 year.

Then again the 1967 Canadian centennial cent I just found apparently isn't worth anything...I guess that proves my theory wrong. :roll:
"I wouldn't give nickel for another buck"
Number21
Penny Pincher Member
 
Posts: 150
Joined: Tue Apr 12, 2011 5:46 pm
Location: NW Oregon

Re: 2009 pennies?

Postby Dave » Wed Jun 08, 2011 6:31 am

I just returned $25 of 2009's that i was saving. I find to many to save unless I find full uncirc. rolls and then I only save some of them.
Dave
Penny Hoarding Member
 
Posts: 700
Joined: Mon Jan 04, 2010 3:00 pm
Location: WNY

Re: 2009 pennies?

Postby csb3tennessee » Wed Jun 08, 2011 8:27 am

As I knew this topic would eventually come up, I've been sorting my 2009 cents by type and mint mark. I decided this morning to run the numbers, and here's what I came up with. Out of 223,357 cents that I have hand sorted so far:

Log Cabin P - 239
Log Cabin D - 239

Formative P - 356
Formative D - 296

Professional P - 514
Professional D - 206

Presidency P - 4
Presidency D -283

That's a total of 2137 out of 223,357- or .956% By comparison, I've retrieved 4279 cents that are 2010- 1.91%. At least in my area, the #4P is scarce.
csb3tennessee
Penny Pincher Member
 
Posts: 105
Joined: Tue Aug 31, 2010 3:00 pm

Re: 2009 pennies?

Postby chris6084 » Wed Jun 08, 2011 6:29 pm

I don't think these will be worth much if anything. There are way to many people holding these, so mint 2009 pennies will be easy to come by for a very long time.
User avatar
chris6084
1000+ Penny Miser Member
 
Posts: 1335
Joined: Wed Nov 26, 2008 10:00 am

Re: 2009 pennies?

Postby Number21 » Wed Jun 08, 2011 9:04 pm

chris6084 wrote:I don't think these will be worth much if anything. There are way to many people holding these, so mint 2009 pennies will be easy to come by for a very long time.

Except in a few years when new coin collectors come along that never had a chance to find 2009s. I predict few to be in circulation for much longer. I'm just going to put them in a jar and forget I have them for about the next decade, like most do with their pennies. At that point they will probably be worth at least slightly more than face, or I can simply go to the bank like normal....(by then zincs will be worth 2x face value!)
"I wouldn't give nickel for another buck"
Number21
Penny Pincher Member
 
Posts: 150
Joined: Tue Apr 12, 2011 5:46 pm
Location: NW Oregon

Re: 2009 pennies?

Postby Red King » Sat Jun 11, 2011 11:02 am

Number21 wrote:
chris6084 wrote:I don't think these will be worth much if anything. There are way to many people holding these, so mint 2009 pennies will be easy to come by for a very long time.

Except in a few years when new coin collectors come along that never had a chance to find 2009s. I predict few to be in circulation for much longer. I'm just going to put them in a jar and forget I have them for about the next decade, like most do with their pennies. At that point they will probably be worth at least slightly more than face, or I can simply go to the bank like normal....(by then zincs will be worth 2x face value!)



Exactly. I keep the ones that are in exceptional/AU condition. They're worthless right now, but wait until later. Once the melt ban lifts, and zincolns are more than FV, then there will be few of any mintages left in circulation.
Red King
Penny Sorter Member
 
Posts: 57
Joined: Fri Aug 13, 2010 3:00 pm


Return to Copper Penny Bullion Investing

Who is online

Users browsing this forum: No registered users and 34 guests