KOTCT Members Forum

I hear that the mint is now selling rolls of them for like 8 or 9 dollars  :o :o :o
And they're going for some outrageous prices on ebay.
The banks say they have so many old cents that they don't need to order any of the new ones. I've only heard of them being at banks in a couple of places, none of which were near me. I feel like I need these 4 new designs this year for my collection. But I don't think I can bring myself to pay $9.00 plus shipping for a roll of 50 cents.

Adam,

The idea of a KOTCT store was discussed in another thread, and that may be a good way for many of us to get U.S. Mint items.

Here in my town we have four banks and one credit union.  None have the new pennies.

However, I'll keep chacking.

 :) :) :) :)

THE MINT HAS SCREWED UP AGAIN---MOST BANKS ARE NOT ORDERING ANY BECAUSE THEY HAVE SO MANY OLDER COINS ON HAND--THIS MORNING MY BANK TOLD ME THEY WERE NOT ORDERING ANY NEW PENNIES--PRESIDENTIAL DOLLARS--HALVES-OR QUARTERS BECAUSE OF THE BACKLOG OF COINS ALREADY IN STOCK AND A LACK OF ROOM---YOUR SERVANT-THE TEMPLAR!

My banks have said the Fed isn't even shipping them into the Chicago district at all.

AdamL surely you jest? Why would one hesitate to spend $9 plus shipping (another $5) for an OUTSTANDING bargain of NOT one but TWO rolls of new 2009 Lincoln Cents! Take that times 4 (four designs this year) and you will have only $56 in 4 designs or 8 rolls of pennies. We are talking 400 pennies (cents) with a modern day value of $4.00! NOW you understand why I brought up the idea of a KOTCT store don't you? We have the funds on hand to try it but I must be sure EVERYONE understands we will SELL for a PROFIT to benefit the KOTCT treasury. These charges MUST cover bubble mailers and there will be nominal shipping charges. Perhaps all Aussie shipments could go in the same package? The important thing, at least in my humble mind, is the fact we could provide a service which might make us a few bucks over the course of a year and still beat the holy daylights out of the Ebay game. I will come to a decision in the next few days and go from there. If I can't seem to make up my mind I might just order the Lincoln Cents and the Sacagawea Dollars and see how we do before committing to such an endeavor. That might be best.

Make it a trial run, & if it works out, ie: you make a profit & don't get stuck with a heap of coins no one else wants, it might very well be an excellent fundraising scheme.  ;)

Well the U.S. Mint is now showing the 2009 two roll set of Lincoln Cents SOLD OUT? How odd is that with the mint making about $10,000 worth of pennies a day and they are sold out? Perhaps they just set aside X-amount for the low low price of $8.95 for the two rolls (100 cents worth a buck). Perhaps they made enough to pay for the entire mintage of cents this quarter and they did not want to appear greedy? Guess its back to Ebay or patiently wait for some to show up at local banks. Darn the luck! :'(

You know its a pretty sad state of affairs when a coin collector can't afford a new penny (cent)? Seems there are a ton of fools out there who can as they are bringing in big bucks on Ebay STILL!!! And, in the end, they won't be worth squat!!! If you need a good laugh get on Ebay and see what the 2009 rolls of Lincolns are still bringing. What are people thinking?

Those who are buying the cents on eBay, are like the Government, in that they have discovered numerous "cash cows," ready to be milked.

 :) :) :) :)

It now appears the 2009 Lincoln "Birthplace" cents are gone and all that will be released into circulation have been put into the system. Some areas, such as Indiana, apparently will not be getting the pennies at all. Don't know how many areas are getting screwed but I am sure the Mint is gearing up for the second coin in the series due for release in May. My guess at this time is the same thing is happening now that took place with the first releases of the statehood quarters. Bankers are selling them out the back door for a profit, claiming they did not get any. The secondary market, in general, will pay a premium for new coins straight off the armored car that a bank WILL NOT pay. The banks don't care whether their change is new, what date or mint mark, as long as they get the coins they ordered to transact normal business. The armored car services have found other profitable "drops" for all those newly released coins. And, you can't blame them as they are in business just like everyone else. The sad part is WE are not one of those drops!

Back on March 1st, at a coin show, there was a dealer who had 1 roll of the new Lincoln cents, and he was selling them for $1 ea. And he sold them ALL!!! Last Sunday, a dealer at another show had 2 or 3 rolls, and was selling them for $10 per roll. Don't know if he sold any or not. My wife and I each got a 2009-D cent from a dealer at the coin club last Tuesday night for free! He gave each club member 1 coin as a gift. He said he got the roll from someone in Kansas, as he could not find any here in Michigan.  :)

HOW ODD IT IS THAT A 1909 PENNY WOULD BE CHEAPER THAN A 2009 PENNY---MAKES YOU WANT TO SHOT YOURSELF IN THE HEAD---OOPS--SORRY ABOUT THAT ABE!  YOUR SERVANT--THE PENNILESS TEMPLAR!

Templar the KOTCT Store will add some P and D Lincoln sets (2009 Birthplace) in the next few days. Of course we have to cover shipping but I intend to do it as cheaply as possible. At least it will be cheaper than Ebay and an opportunity to grab a set from a reputable source!!! ;D

Yes. The D minted cents should be in Terry's hands by Wednesday.

The P's are already here as I purchased them from a Animal Rescue Shelter in Missouri that gets NO funding from the city or county. They got a little help from a Hoosier and I got a few P cents for our store. We are looking at 10 sets going in the store in a few days.

After seeing what we had to go through to get our paws on the 2009 Lincoln Kentucky Birthplace cents I have decided to rally the troops and make the journey south to the release ceremony at Lincoln City on May 14 for the second coin in the series. I NOW expect a huge crowd due to this recent lack of distribution. I have yet to see a new cent here in Indiana and prices are now climbing on the Birthplace P.
Looks like I will have to leave the night before so that I can be the first desperate collector in line when the cents go on sale. It must be MY turn to have a little fun on Ebay!!!

Thats awesome! I look forward to hearing how that goes.

How very odd.  My husband is bringing home 6-10 of the new Birthplace cents a day from where he works.  They appear UNC, no toning, no tarnish and no fingerprints.  I figure a prudent acetone bath will keep them that way.

They are all D mint only, though.  It takes up to 20 years for P mint coins to circulate all the way down here, I swear.

Elle, Maybe you could hang on to some 2009 Lincoln Cents for the KOTCT Store?

I think there'll be plenty of us that want them.  ;)

Everyone keep in mind the second Lincoln cent has been released and a great number of members would like to have them if you stumble on to a source. I may, if needed, buy some for the KOTCT store if the opportunity arises. Will keep you posted on what becomes available. Until then look for those shiney uncirculated coins in your change and at your places of business. FREE is much better!

So Terry, are any of your LC2's going in the store?

 :) :) :) :)