2010 Lincoln Cents Commanding Premiums

With the official launch of the 2010 Lincoln Cent now behind us (it took place last Thursday, February 11, 2010 in Springfield, Illinois), it might be interesting to take a look at what collector's have been doing in relation to the coin.

One of the best places to find recent information on demand and prices for coinage is the online auction site eBay.  Interested individuals can not only find how many auctions are or have been offered for certain coins, they can determine what the average going price for those coins have been.  With this information in hand, a collector is better informed to make the decision if they would like to attempt to win or purchase the item.

So, let's take a look at the 2010 Lincoln Cent.  As early as the middle of January, pre-sales of the coins started to appear on eBay promising rolls of the new design obtained on the release day (February 11th) and stamped and canceled by the post office indicating that date.  The seller asked (and many paid) $35 for a single roll of these coins with the knowledge they were to be obtained and canceled in Springfield on February 11th. If a buyer just wanted a roll obtained and canceled in Washington, D.C., the going price was only $25.

Within a few days of those initial offerings, the one cent coins started to mysteriously appear in Puerto Rico, evidently offered into circulation ahead of the official release day. Not wanting to waste an opportunity, several individuals placed rolls and even single pennies for sale.  Roll prices were considerably lower for these non-canceled auctions averaging around $15-$20, but the buyer had the comfort of knowing they were being shipped to them far in advance of the announced release. Single coins were selling at premiums of $2.

Jumping ahead to current auctions, post release ceremony, we still find quite a selection being offered and still well above face value prices. Many auctions are still asking $1 as the starting price, with $1.50 the Buy-It-Now prices, on single one cent coins.  Rolls are selling for around $15 a piece or over $20 if the buyer would like them stamped and canceled from Springfield.

Of note, it appears the cancellation stamp has in image of a union shield on it with Lincoln's face over the top of it.  The wording on the stamp shows:

  • DEDICATION STATION
  • SPRINGFIELD,IL 62703
  • ONE-CENT COIN LAUNCH
  • FEBRUARY 11,2010
  • (signed) A. LINCOLN

For a sample of what is currently being offered on eBay for the 2010 Lincoln Cents, see below.




2010 S Lincoln Shield Penny Mint Proof from Originial US Proof Set
2010 S Lincoln Shield Penny Mint Proof from Originial US Proof Set
$6.95
Time Remaining: 1h 47m
Buy It Now for only: $6.95
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2010 P Lincoln Shield Satin Penny in Original Mint Wrapper
2010 P Lincoln Shield Satin Penny in Original Mint Wrapper
$9.95
Time Remaining: 1h 52m
Buy It Now for only: $9.95
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2010 D Lincoln Shield Satin Penny in Original Mint Wrapper
2010 D Lincoln Shield Satin Penny in Original Mint Wrapper
$9.95
Time Remaining: 1h 54m
Buy It Now for only: $9.95
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PCGS SAMPLE SLAB WITH 2010 D LINCOLN SHIELD CENT
PCGS SAMPLE SLAB WITH 2010 D LINCOLN SHIELD CENT
$9.99
Time Remaining: 2h 1m
Buy It Now for only: $9.99
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2010 S Proof Lincoln Cent Nice Coins Priced Right Shipped FREE
2010 S Proof Lincoln Cent Nice Coins Priced Right Shipped FREE
$6.95
Time Remaining: 2h 43m
Buy It Now for only: $6.95
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Lincoln Penny 2009 2010 lot includes 22 rolls and US Mint proof set
Lincoln Penny 2009 2010 lot includes 22 rolls and US Mint proof set
$90.00
Time Remaining: 3h 29m
Buy It Now for only: $90.00
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2010 D LINCOLN SHIELD CENT A 2 COINS
2010 D LINCOLN SHIELD CENT A 2 COINS
$1.20
Time Remaining: 3h 52m
Buy It Now for only: $1.56
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2010P LINCOLN SHIELD PENNY BU FREE SHIPPING
2010P LINCOLN SHIELD PENNY BU FREE SHIPPING
$1.25
Time Remaining: 4h 22m
Buy It Now for only: $1.25
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LINCOLN CENT 2009 2010 BICENTENNIAL 10 COIN SET
LINCOLN CENT 2009 2010 BICENTENNIAL 10 COIN SET
$3.99
Time Remaining: 4h 30m
Buy It Now for only: $3.99
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2010 Lincoln Cent Shield PCGS MS 65 Red GA8 78
2010 Lincoln Cent Shield PCGS MS 65 Red GA8 78
$1.29 (3 Bids)
Time Remaining: 4h 40m

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2010 D Denver Mint Lincoln Shield Cent BU
2010 D Denver Mint Lincoln Shield Cent BU
$1.00
Time Remaining: 4h 58m
Buy It Now for only: $1.00
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2010 D LINCOLN UNION SHIELD CENT PENNY 50 COIN ROLL RED BU COLLECTOR GIFT
2010 D LINCOLN UNION SHIELD CENT PENNY 50 COIN ROLL RED BU COLLECTOR GIFT
$3.29
Time Remaining: 5h 20m
Buy It Now for only: $3.29
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