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 P BU Lincoln cents Uncirculated With a proactive display case + FREE GIFT
2010 P BU Lincoln cents Uncirculated With a proactive display case + FREE GIFT
$5.99
Time Remaining: 1h 50m
Buy It Now for only: $5.99
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100 Rolls OBW P D Lincoln Cents 2009 2010 2011 2012 2013 2014 2015 Penny Box
100 Rolls OBW P D Lincoln Cents 2009 2010 2011 2012 2013 2014 2015 Penny Box
$299.75
Time Remaining: 2h 38m
Buy It Now for only: $299.75
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2008 Lincoln Memorial PD 2010 Lincoln Shield PD 4 rolls Penny Cent BU
2008 Lincoln Memorial PD 2010 Lincoln Shield PD 4 rolls Penny Cent BU
$14.99
Time Remaining: 3h 34m
Buy It Now for only: $14.99
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2008  2009  2010 P  D 12 LINCOLN CENT ROLLS COMPLETE SET UNCIRCULATED
2008 2009 2010 P D 12 LINCOLN CENT ROLLS COMPLETE SET UNCIRCULATED
$56.95
Time Remaining: 8h 23m
Buy It Now for only: $56.95
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1 Roll 2010 D LINCOLN SHIELD CENT Pennies nice circulated with storage tube
1 Roll 2010 D LINCOLN SHIELD CENT Pennies nice circulated with storage tube
$6.95
Time Remaining: 17h 32m
Buy It Now for only: $6.95
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2010 Lincoln PRESERVATION OF THE UNION ONE CENT UNOPENED ROLL UNCIRCULATED
2010 Lincoln PRESERVATION OF THE UNION ONE CENT UNOPENED ROLL UNCIRCULATED
$35.00
Time Remaining: 17h 53m
Buy It Now for only: $35.00
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2010 D Presidential Dollar Abraham Lincoln BU lrr 50 Cents Shipping
2010 D Presidential Dollar Abraham Lincoln BU lrr 50 Cents Shipping
$3.99
Time Remaining: 17h 54m
Buy It Now for only: $3.99
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2010 D 1C Union Shield Lincoln Cent Brilliant Uncirculated NGC
2010 D 1C Union Shield Lincoln Cent Brilliant Uncirculated NGC
$9.00
Time Remaining: 18h 41m
Buy It Now for only: $9.00
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Dansco 1959 2010 Lincoln Memorial Cents Collection 162Pc Set COMPLETE UNC 8102
Dansco 1959 2010 Lincoln Memorial Cents Collection 162Pc Set COMPLETE UNC 8102
$275.00
Time Remaining: 19h 41m

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ONE 2010 D 24K GOLD PLATED LINCOLN SHIELD CENT
ONE 2010 D 24K GOLD PLATED LINCOLN SHIELD CENT
$1.99
Time Remaining: 21h 16m
Buy It Now for only: $1.99
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2010 S Lincoln Cent PR70RD DCAM PCGS
2010 S Lincoln Cent PR70RD DCAM PCGS
$200.00
Time Remaining: 21h 46m
Buy It Now for only: $200.00
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2005 2006 2007 2008 2009 2010  2011 P+D Lincoln Satin Cent Set
2005 2006 2007 2008 2009 2010 2011 P+D Lincoln Satin Cent Set
$49.95
Time Remaining: 22h 8m
Buy It Now for only: $49.95
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