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 LINCOLN PD CENT PRESIDENCY NEW SHIELD US MINT SEALED BOX LP5 REDUCED
2010 LINCOLN PD CENT PRESIDENCY NEW SHIELD US MINT SEALED BOX LP5 REDUCED
$10.00
Time Remaining: 4h 13m

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2010 S 2011 S 2012 S 2013 S Proof Lincoln Union Shield Penny Cents
2010 S 2011 S 2012 S 2013 S Proof Lincoln Union Shield Penny Cents
$24.98
Time Remaining: 5h 42m
Buy It Now for only: $24.98
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1975 2010 Lincoln 1 cent book
1975 2010 Lincoln 1 cent book
$10.00
Time Remaining: 5h 44m

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5 2010 LP5 Unc Cent Lincoln UNION SHIELD PD Penny Rolls Sealed Mint Box
5 2010 LP5 Unc Cent Lincoln UNION SHIELD PD Penny Rolls Sealed Mint Box
$49.00
Time Remaining: 6h 39m

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3 Various 2010 LINCOLN SHIELD CENT LP5 STAMPED  CANCELLED ROLLS SPRINGFIELD IL
3 Various 2010 LINCOLN SHIELD CENT LP5 STAMPED CANCELLED ROLLS SPRINGFIELD IL
$54.95
Time Remaining: 7h 41m
Buy It Now for only: $54.95
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2010 P Roll Lincoln Shield Cents Uncirculated Red 50 coins
2010 P Roll Lincoln Shield Cents Uncirculated Red 50 coins
$4.99
Time Remaining: 8h 14m

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2010 D Roll Lincoln Shield Cents Uncirculated Red 50 coins
2010 D Roll Lincoln Shield Cents Uncirculated Red 50 coins
$4.99
Time Remaining: 8h 14m

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2010 D LINCOLN SHIELD CENT NGC MAC MS 69 SMS PQ FINEST GRADE SPOTLESS
2010 D LINCOLN SHIELD CENT NGC MAC MS 69 SMS PQ FINEST GRADE SPOTLESS
$795.00
Time Remaining: 8h 29m
Buy It Now for only: $795.00
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2010 S Through 2018 S Proof Lincoln Cents Penny Gem Proof Nine Proof Pennies
2010 S Through 2018 S Proof Lincoln Cents Penny Gem Proof Nine Proof Pennies
$48.45
Time Remaining: 9h 18m
Buy It Now for only: $48.45
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168 Different Lincoln US Cents 1912 to 2010
168 Different Lincoln US Cents 1912 to 2010
$14.99
Time Remaining: 9h 24m

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2009 2010 10 PD LINCOLN CENTS 2G350 LOG CABIN RAIL CONGRESS PRES SHIELD
2009 2010 10 PD LINCOLN CENTS 2G350 LOG CABIN RAIL CONGRESS PRES SHIELD
$3.25
Time Remaining: 10h 11m
Buy It Now for only: $3.25
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10 ROLLS PD ONE EACH 2010 2011 2012 2013 2014 LINCOLN UNION SHIELD CENT RED BU
10 ROLLS PD ONE EACH 2010 2011 2012 2013 2014 LINCOLN UNION SHIELD CENT RED BU
$34.95
Time Remaining: 10h 25m
Buy It Now for only: $34.95
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