Tags: 2009-lincoln-cents
I need some advice.
I am a relatively new coin collector. I missed the chance to buy the US mint-wrapped 2009 P & D Lincoln "log cabin" pennies. Right now they are selling on eBay from about $70 - $100. The same bank-rolled wrapped pennies are selling for about $5 - $8 per roll.
Do you think I should wait for the hoopla around these US mint-wrapped pennies to die down and the price will fall? Or do you think that they will hold their values? Considering their mintages, it seems likely there will be plenty to go around in the months ahead.
Should I buy the mint-wrapped 2009 P & D Lincoln pennies now, wait, or not at all?
Thanks for your advice.
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