2009 United States Mint Uncirculated Coin Set
The 2009 Uncirculated Mint Set will go on sale today October 1, 2009 at 12:00 Noon ET. This year's set will include a total of 36 different coins, including eight 2009 Lincoln Cents that cannot be obtained from any other source.
The 2009 Mint Set was initially planned for a summer launch, however, unique tarnish issues with the 95% copper cents contained in the sets caused a delay. By comparison, the 2008 Mint Set had been released on July 30, 2008, making this year's set 3 months late.Each set will include the following coins:
2009 P & D Presidential Dollars - This includes four different designs featuring William Henry Harrison, John Tyler, James K. Polk, and Zachary Taylor.
2009 P & D Native American Dollar - This is the first issue of the new series featuring the obverse of the prior Sacagawea Dollar paired with an annually rotating reverse design.
2009 P & D Kennedy Halves
2009 P & D DC & US Territory Quarters - This includes six different designs featuring the District of Columbia, Puerto Rico, Guam, American Samoa, US Virgin Islands, and the Northern Mariana Islands
2009 P & D Roosevelt Dimes
2009 P & D Jefferson Nickels
2009 P & D Lincoln Cents - This includes all four designs featuring Lincoln's Birthplace, Formative Years, Professional Life, and Presidency. The coins are struck with a composition of 95% copper, 3% zinc, and 2% tin- the same composition that was used for the first Lincoln Cents issued in 1909.
All coins will feature the satin finish that has been used on Mint Sets since 2005. The finish is different than the one used for standard circulation strike coins. The coins will come in two separate display folders, one containing coins from the Philadelphia Mint and one containing coins from the Denver Mint. The image currently appearing on the US Mint's website shows the same outer design for the folders that was used in the prior year.
The sets are priced at $27.95, which represents an increase of $5 from the cost of last year's set, which contained 28 coins.
I expect that sales of the 2009 Mint Set will be strong and the long term prospects of the set seem favorable. This is due in large part to the inclusion of the special 2009 Lincoln Cents. As of now, this set will be the only source for the satin finish 95% copper 2009 P & D Lincoln Cents. These coins will be the key to a complete collection of 2009 Lincoln Cents.
By comparison, the 95% copper Proof 2009 Lincoln Cents, which have been very popular with collectors, are available from four different sources. The coins are included in the 2009 Proof Set, the 2009 Silver Proof Set, the separate 2009 Lincoln Proof Set, and the upcoming Lincoln Coin and Chronicles Set. This variety of sources contribute to greater availability and a higher mintage for the proof versions as opposed to the satin finish versions.
Labels: Annual Sets
posted by Mint News Blog @ 8:05 AM
43 Comments:
Nice looking set. Put me down for 5.
Looks like there's no limit set on this one... Will wait towards Dec before placing orders
I am excited about the pennies in this set, but I wonder if any one has as of yet seen a D mint dime or nickle? Doesn't seem like any one is talking about those any more.
I'm still looking through rolls and rolls for nickels and dimes from D, this set may be the only way to obtain in MS+ quality eh?
I'll wait to get my set lower then the mint on ebay.Seems to be the best bet in this economy.I recently bought proof sets that way.And I found many proof errors that are now listed on ebay.Check them out and give me your best offer.Key word (2009 s proof error) and look for the struck through and frosted John Tyler proof,the struck through wire or thread Zachary Taylor proof,or the reverse over polished die Puerto Rico proof.If anyone is interested or can give input on value.That would be great.They are listed for 30 days so take your time.
I'm still looking for the Business strike D dime and nickel.The Ps have proven that rolls will be available when they get out.Unless someone is hoarding all of them.I believe it's a move by the fed to maximize gain.Wow nice find on those proof errors.
Just bought 10 Uncirculated sets at the Mint HQ in DC. Very nice!!!
Please note, however, that the dimes and nickels in the set are "satin finish". A nice 2009 "satin finish" dime or nickel will be worth just as much as any other year's "satin finish" dimes and nickels.
We may have to wait near the end of the year, or maybe later... before seeing, in quantity, business-strike P and especially D dimes and nickels in rolls from your banks or stores. But THOSE are the ones you want, not the ones from the Uncirculated Set.
The P dimes and nickels are plentiful on ebay at a premium right now.It amazes me that people actually paid as much as 200.00 a roll for those when they first came out.You can now buy the nickels for under 20.00.The dimes are holding steady around 30.00 to 40.00 a roll.This makes no sense to me since the P nickels are a much lower mintage then the dimes.And who knows if the mint will go back into production on the Ps.But this is about the uncirculated sets.So I'm definitely going to wait and hit these on ebay for a much cheaper price then the mint.With no limit set.The scalpers will be in full force.And I just love sticking it to them on ebay.Look for those .99 cent free shipping scalpers and get one cheaper then the mint.Gotta love those scalpers.I also think the nickel and dime rolls will get much lower in time.I'm waiting on those too.
Unless the mintage of the set is 2 million or more, I doubt that sets will be available on eBay at less than mint issue price. The 2008 sets issued at $22.95 are now fetching $40 and more. This year's set will be more popular because it contains 8 built-in key coins, the 2009-P and D Lincoln cent commemoratives in the original 95% copper composition. Because of the satin finish, these 95%copper cents can be readily distinguished from the more common zinc circulation strikes. The mintage for *each* of these 8 key coins will likely be less than the mintage of the 1924-D cent (2.5 million), which sells for $25 each and more even in low grades.
That is even more of a reason to pick them off when the sets get broken up and sold on ebay.As long as people are foolish enough to break these sets up.I will be smart enough to pick them off cheaper then the mint sells them for.Good point !
Actually that is comparing apples and oranges on the statement about the low circulation of the 1924 D to the satin finish 2009s.The 1924 D was a business strike coin.Not a satin finish coin.So comparing the two in mintage is no where close to rarity values.At ten dollars average on the sets of eight coins 2009 P & Ds already recorded on ebay.I would say your completely misguiding people by comparing the two years.
The only reason the set of eight 2009 satin finish cents is selling for $10 on eBay is because the Mint Sets they come from are still available from the Mint at $27.95. Face value alone for the other coins in the set comes to $14.30, and they all carry some premium as satin finish coins, so $10 is a fair breakup price for the cents – at the moment. A circulated 1924-D cent wasn’t worth $25 in the 1924, but the value rose as its scarcity was recognized. The 2009-P and D copper cents have the added advantages that (1) they are single-year type coins, (2) modern cents, along with the just-completed Lincoln Memorial cents, have a larger collector base than Lincoln wheat cents, and (3) Lincoln cent collectors will have to compete with Mint Set collectors for the limited available supply of these coins, since they are available *only* in the Mint Sets. If fewer than 2 million 2009 Mint Sets are produced, I expect that the set of 8 copper satin finish cents will be worth much more than $10 in a few years.
I see your point.But the premium will never come close to the premium of the 1924 D.Because these coins will also be hoarded.There will be an abundance of uncirculated 2009 P & Ds.Try to find a uncirculated 1924 D and you will see my point.Many of these coins will also be slabbed in high grades which was not possible in 1924.So to compare the two different types of coins is misleading and without warrant in my opinion.
There has been a mass hoarding of all the 2009 Lincolns cents and a mass grading.Since this is happening.The rarity of an uncirculated 2009 Lincoln can not even possibly compare to the 1924 D.But if you want to think that in two years time this will change.Hey that's your prerogative.I just think it is foolish to compare the two dates myself.Other then mintage alone.There is no reason that these coins will ever come close.And mintage is not the only deciding factor when determining the future value of a rare coin.Get my point?
These are not coins I would heavily invest in myself.But if you believe that is the only reason.Then by all means.Pay 10.00 for 4 cents.That's what the mint wants everyone to do.It is looking more profitable in my opinion to invest in the proofs.The proofs have always kept a much better premium.So if anyone asked me which to buy.The proofs for 7.95 or the satins for over 10.00.I'd say the proofs.Good Luck
Am I relatively new coin collector. And please tell me if I am missing something. But does it matter in terms of values, if a coin has a satin finish or not? I checked auctions on eBay for sales of satin finish coins and noticed that many, many of them were not sold. Which could be interpreted as the coins having no value at all.
Sorry about the typo.Thats 10.00 for 8 cents.LOL Some how that doesn't compute in my calculator.
Let's see, $10 for 8 cents comes to $1.25 per coin. Not a bad price for a one-year *type coin* in a widely collected series (modern Lincolns), with a possible mintage of well under 2 million in 95% copper composition. Compare that with $25 to buy a *well-worn* example of the 2.5 million mintage 1924-D cent in a less popular series (wheat Lincolns). Given a choice between spending $25 on a single G-VG 1924-D Lincoln wheat cent, or obtaining 20 lower-mintage copper "satin finish" 2009 Lincolns for the same price, it's no contest in my book.
Out of the 20 varity of pennies produced this year
4D and 4P Business strike
4S Proof mint 95% copper
4D and 4P Unc Satin finish 95% copper
I think that the 8 Satin finish 95% copper ones will be the most valuable ones in the future.
I don't know what the mintage amount will be but the lower the better for investment collectors.
Why you would consider comparing a G to VG to an uncirculated is beyond me.There is no comparing the two.Now compare an uncirculated 2009 P or D to an uncirculated 1924 D.Then you will see a huge difference in future values.As the 2009 satins go up in value with a much larger population. The 1924 D in uncirculated will always be much more scarce and valuable.Again you are comparing apples and oranges.But that is your prerogative.I think it is a poor comparative myself.What part of scarce do you not understand.The 2009 Satins will be largely hoarded and many will be graded as we speak.That means they will not be scarce in the future to find high grades.I'd take 8 uncirculated 1924 Ds over the 2009 Satins any day.But I have ordered one set of the Satins from the mint.Just because I want to complete the collection.
Go out there and try to find an ms 69 1924 D.It won't happen.Case closed.Stop trying to compare these two coins.It's a huge mistake to even go there.
Why be so focused on the Lincolns? I think that this set as whole is the most bountiful since the '05 and maybe ever. Consider just the historic low mintages for most of the denominations in '09. Also, one final observation: I don't buy the reasoning that there will be so many very highly graded coins around to keep values low, the mint quality has been pathetic all year.
Jim L.
Jim,
As long as there are low life mass graders that clearly are being shown preference for high grades even though the grades are not correct in the slabs.There will be a lot of the grading done on these coins.Have you looked at any of the business strike Lincolns lately.Mostly from so called authorized dealers.Mass graders are ruining the coin collecting world.And the authorized dealers and grading companies will be the only ones who benefit from it.I'm just glad I have never fallen into this trap and kept with my older high grades from years passed when coin grades were ms65 at highest.In my opinion there is no such thing as a perfect coin.MS 70 PF or PR 70 is nothing but a joke to me.It's a gimmick that many good people have lost a lot of money on.It's sad to think that the importance of making money has taken over the importance of coinage and what coin collecting used to stand for.What ever happened to the days where we collected coins to teach history and pass on that history to our younger ones to learn from it.It got ruined by scum bag dealers and grading companies and the willingness for our own US mint to go to bed with them.I'll take my double eagle collection any day over this junk they are selling these days.
Regarding the comparison between 2009-P&D cents and 1924-D cents:
Sets of Lincoln wheat cents are typically collected in circulated grades, because of affordability. The average collector looking for a 1924-D cent will buy a circulated specimen, paying $25 and up depending on the coin’s grade. A huge majority of 1924-D cents are circulated.
Sets of Lincoln Memorial cents are typically collected in uncirculated grades, because nearly all dates are cheap and plentiful. The average collector looking for a set of 2009-P&D 95% copper cents will buy uncirculated specimens, paying (at the moment) about $10 for the set of 8 coins. A huge majority (virtually all) of the 2009-P&D copper cents are uncirculated.
So it’s fair to compare prices for the two dates in the grade for which each coin is typically found and collected.
Some 2009 mint sets will be hoarded, but most will be widely dispersed to the collecting community. Many 1924-D cents were also saved (hoarded) from circulation during the 1930s through 1960s, and some of these hoards may still exist.
Depending on the final mintage of the 2009 Mint Sets, there may end up being fewer 2009-P&D copper cents in collectors’ hands than 1924-D wheat cents in all grades combined. Since more people collect modern Lincolns than wheat Lincolns, demand for the 2009-P&D copper cents will be greater than demand for 1924-D wheat cents going forward.
Plus: The 2009 copper Lincolns are all one-year type coins, while the 1924-D is not. So there will be competing demand from type collectors. Additionally, the 2009 copper Lincolns will likely be the lowest mintage type coins in the entire Lincoln series.
Plus: The 2009-P&D copper Lincolns are only available in this year’s Mint Set, so there will also be competing demand from Mint Set collectors. The 1924-D Lincoln is not part of any special government-issued set, so there is no competing demand from set collectors.
I think these are all compelling reasons for concluding that the future potential of the 2009-P&D copper Lincolns from the 2009 Mint Set is much brighter than current prices would suggest.
Okay, lets really go apples and oranges. A different example of what will most likely happen is the more recent 1996-W dime. This was available only in mint sets with a total mintage of less than 1.5 million, by far the lowest non-proof mintage for the series. Currently the entire mint set can be obtained for just over $15. Sure, there are many more cent collectors, but most of them will aquire their cents this year either from the mint or ebay/dealers at a slight premium over the mint price. The only thing that will give you any significant return on this investment (short or long) will be an abrupt end of production before more than a million or so sets have been produced. Although, if the mint didn't really fix the tarnish problem with the packaging, many of these sets may be worthless in 10 years.
After talking with many local dealers and error experts.I finally came up with a realistic price for the 2009 proof errors I found.I know I listed them very high at first on ebay.But I had no clue of what the values would be.They are a pretty good find I think.And a great 18 coin set to put away or get graded and attributed.I'm speaking of the John Tyler,Zachary Taylor and the Puerto Rico proof errors I found.I'd really love to get more input by some of the members here.I wonder if anyone else has found these same type errors in their 2009 S proof sets.
Thanks
Why don't you just say 'somebody, please buy my coins on ebay"?
On a more positive note.I think the price of 27.95 is a great deal on these coins.It's actually a much better price then anything the mint has offered in quite a while.Considering the low mintage of this year.I think the US Mint has hit a home run on these sets.After seeing the price of what these coins are going for broken up on ebay.This is a great thing to see the sets get broken up.It will only add to the lower population in the up coming years.So I say gooooo scalpers.Break those sets up and make mine worth more later.We really need some positive input on these sets for a change.Stop being so pessimistic and hope for the better in this great country we live in.Try going to another country for a few years and you'll see that we are very lucky even though things are not great right now.More optimism will only bring about positive results.Remember that.
If the prices you're asking now are more reasonable, I would HATE
to have seen the original prices!
Seriously though, those coins look more like unsightly defects versus valuable errors. And I was hard pressed to see the error you were talking about on the Puerto Rico quarter. What exactly am I looking for again?
The 2009 Uncirculated Coin Set could very well be the surprise hit of the year. The Mint could very well cut sales of the set off much earlier than normal. That, combined with the very late start in sales, could make this an extremely HOT item in the Christmas season.
Sales will undoubtedly be VERY strong for the set these next few weeks. Once the set reaches the 900,000 mark, they just MIGHT pull it, no matter how long it's been on sale. Definitely keep an eye on those sales figures reported by Numismaster, and DON'T wait too long!
To the 6:54 pm blog.You must be one of the pessimists in this room.The error on the Puerto Rico proof is plain to see in the picture.Proof errors are harder to come by.Specially still sealed in the mint case.You obviously know very little about errors to call these unsightly defects.But everyone is entitled to an opinion.And I do give people an opportunity to leave a best offer.Why does this sight seem to have so many jerks in it lately.
I'm not a jerk. I noticed that no one seemed to rush to your defense except YOU.
I guess what I was trying to say is that you seem to be trying too hard to find "errors" in your coins, and trying to take advantage of unsuspecting people with more dollars than sense. It's amazing how many "errors" YOU seemed to find, while no one else seems to be reporting finding much of anything. I guess by some miracle, the Mint sent all of the errors they made in proof sets to YOU! You're so lucky.
I think showing that there are at least ten of the Puerto Rico over polished die errors is at least showing a pattern that was overlooked by the San Fran Mint.Proofs don't usually get out with a lot of the same type errors.I think it's a great find myself.Look at the 2005 buffalo die gouge which holds a value between $200 and $300.For a proof error that shows a pattern.I think they are priced very well.
I do search for errors in every coin I find or buy.I spend many hours every day doing that.Because I love finding them.Major or minor.I enjoy looking for them.Unsuspecting people are not who I like to sell to.If someone like myself appreciates an error.Then I would like to think that I have made them happy.Unlike most idiots on ebay.I offer a refund.You obviously are quite bitter about something in your life.I like to look for the good in life and the errors I pay attention to are in coins.NOT PEOPLE like yourself.And yes luck does play a large roll in finding errors.But it takes skill to find them as well.SOMETHING YOU SEEM TO LACK if you didn't see the Puerto Rico error.
Nope, not bitter at all. Not even towards you and your mean attitude towards someone you don't even know. I'm not going to respond to any more slamming messages, as the readers on these boards don't appreciate it when it becomes a mud-sling fest. In other words, I'm going to let you have the last word (which I'm sure you'll be taking the opportunity to leave very shortly) no matter WHAT you say to or about me.
Bye!
I agree with you 100 %.There is already enough hatred in this world without having to deal with someone trying to slam me for doing something I love to do.Perhaps the comment about me trying to take advantage of unsuspecting people was a bit out of line.If you don't appreciate errors.That is great.You may just love a nice perfect coin.I on the other hand appreciate errors.So maybe we just come from two different worlds of coinage.I'd much rather think of anyone on here as a friend and fellow coin enthusiast.So please don't take this to a personal level.This sight is created to have people give their opinions and have fun doing so.As many people in the coin world do have many different opinions.Respect and politeness should be first and for most in the minds of the bloggers.So if you don't mind.I'd really much rather be your friend then your enemy.There are to many other worries in this world and to short a time to be here for all the negatives.Thanks for understanding and please accept my friendship.
Now THAT is a response that I WILL reply to. You're right, I WAS out of line in suggesting you were trying to take advantage of people. I'm not even sure why I did that, because I DO know and understand that there are those who appreciate those types of errors. And I too do appreciate error coins, mostly in the forms of doubled dies or die cracks, both of which are quite rare on proof coins.
People are entitled to make up their own minds regarding what they want to collect and how much they're willing to spend for it. There's no harm in you making it available to anyone who might want it. I apologize for my earlier remarks, and I do accept your invitation of friendship.
These coins actually took me be surprise.I really thought the Tyler was just a spot on the coin.Then when I louped it just to make sure.I noticed it had a circle cut into it and the inner circle was frosted.I've never seen anything like it in my 35 years of collecting errors.The Taylor is though was just thread from the inner casing which is normal to see.But as with every coin I suspect.I louped it and noticed that the coin showed a strike trough either wire or thread.
The only reason I knew that was because of a 1996 w Dime I have with a struck through wire attributed by ANACS.The Puerto Ricos are just really strange.It is as if they were over polished on the left edge of the device.They show a polishing over the frosted area.And all ten sets show the same mark.So it had to be over looked by the San Fran Mint before they were issued out.Maybe I am asking to much for them.That's why I wanted more opinions in here.But I do know that if they were just Ps or Ds I may have just let them go.
Proofs shouldn't look like this at all.Therefore I was hoping someone else might have found some like this in the Puerto Rico proofs.The two presidentials I think are one of a kinds.So I guess I had to start with the people I know and get their take on values.That's why I have them starting at the values I was told to start with.Before I listed them very high.Because I actually didn't want them to sell until I checked around.Maybe they won't sell at this price.But at least I am giving people a chance to give me a best offer on them to see if the experts I talked to are right.
They may just end up staying in my massive error collection too.Which really won't hurt my feelings at all.All I know is.I got that rush I love to feel when I find an error of any kind.Thanks for the friendship and I hope to speak with you and others more on this sight.
Regarding the comparison between 2009-P&D cents and 1996-W dimes:
The 1996-W dime is a single coin that sells for about $10. It was originally obtainable only from 1996 Mint Sets.
The 2009-P&D copper cents are 8 coins that currently sell for about $10 for the entire group of 8. They are obtainable only from 2009 Mint Sets.
The mintage of the 1996-W dime was about 1.46 million. The mintage of the 2009-P&D copper cents is currently unknown, but may wind up being about the same.
There are many more collectors of modern Lincoln cents than collectors of Roosevelt dimes. More collectors = greater demand.
The 2009-P&D copper cents are all one-year type coins. The 1996-W dime is not. More demand from type collectors = even greater overall demand.
Given a choice between spending $10 on a single uncirculated 1996-W Roosevelt dime, or obtaining 8 similar-mintage copper "satin finish" 2009 Lincolns for the same price, it's no contest in my book.
OFF TOPIC, but the Virgin Islands totals are in at the US mint. 82000000, split evenly.
Now that there will be no Unc Dollar sets this will be the only place to get the Satin finish Native American and President Dollars.
Between that and the Satin Lincoln Pennies this set is looking better all the time.
How many of these sets were minted in the previous years?
The Dime in my 2009 Philadelphia Uncirculated Set is in the slot above with the Penny. Does anyone know a non destructive way to get it where it belongs?
I think it would be pretty difficult to get the coin back where it belongs. Best option might be to return the set to the Mint for a replacement.
Or you could possibly sell this set on eBay and buy a replacement. Sometimes Mint mistakes (even packaging errors) can sell for a premium.
One P-mint Sac. $ has 1/4" mark thru "O" of "OF" touching "F". Looks like might have been on die. Anyone else seen this?
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