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 D LINCOLN CENT GRADED BY ANACS UNCIRCULATED REDSHIELD DESIGN
2010 D LINCOLN CENT GRADED BY ANACS UNCIRCULATED REDSHIELD DESIGN
$19.99
Time Remaining: 58m
Buy It Now for only: $19.99
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2010 LINCOLN CENT UNION SHIELD NGC MS66 RED
2010 LINCOLN CENT UNION SHIELD NGC MS66 RED
$24.99
Time Remaining: 1h 14m
Buy It Now for only: $24.99
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2010 D LINCOLN CENT SHIELD PCGS MS65 RED
2010 D LINCOLN CENT SHIELD PCGS MS65 RED
$14.90
Time Remaining: 1h 14m
Buy It Now for only: $14.90
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2010 2011 2012 2013 2014 2015 2016 2017 2018 P D Lincoln Cent 18 Set Mint Cello
2010 2011 2012 2013 2014 2015 2016 2017 2018 P D Lincoln Cent 18 Set Mint Cello
$24.99
Time Remaining: 2h 57m
Buy It Now for only: $24.99
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2011 Shield Lincoln Cents 2009 P D LP1 LP2 LP3 LP4 LP5 2010 Penny 1c Dollar BU
2011 Shield Lincoln Cents 2009 P D LP1 LP2 LP3 LP4 LP5 2010 Penny 1c Dollar BU
$12.84
Time Remaining: 3h 25m
Buy It Now for only: $12.84
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2010 PD LINCOLN CENT 1ST YR SHIELD REV ROLLS 2 OBW COMMEMORATIVE B2010PD
2010 PD LINCOLN CENT 1ST YR SHIELD REV ROLLS 2 OBW COMMEMORATIVE B2010PD
$6.10
Time Remaining: 3h 27m
Buy It Now for only: $6.10
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2010 P LINCOLN CENT 1ST YR SHIELD REV ROLL OBW COMMEMORATIVE B2010P
2010 P LINCOLN CENT 1ST YR SHIELD REV ROLL OBW COMMEMORATIVE B2010P
$3.10
Time Remaining: 4h 13m
Buy It Now for only: $3.10
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2010 1C NGC UNION SHIELD Lincoln Cent B12121
2010 1C NGC UNION SHIELD Lincoln Cent B12121
$5.00
Time Remaining: 4h 54m

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2010 Lincoln Cent Rolls Shield LP5 PD UNOPENED FREE SHIPPING
2010 Lincoln Cent Rolls Shield LP5 PD UNOPENED FREE SHIPPING
$10.00
Time Remaining: 5h 6m
Buy It Now for only: $10.00
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1 2010 Lincoln Cent 2 Roll Mint Box Set Union Shield LP5 04 14 10  1013
1 2010 Lincoln Cent 2 Roll Mint Box Set Union Shield LP5 04 14 10 1013
$12.25
Time Remaining: 6h 16m
Buy It Now for only: $12.25
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1 2010 LINCOLN SHIELD CENT LP5 STAMPED  CANCELLED ROLL SPRINGFIELD IL Pink 1
1 2010 LINCOLN SHIELD CENT LP5 STAMPED CANCELLED ROLL SPRINGFIELD IL Pink 1
$20.50
Time Remaining: 6h 19m
Buy It Now for only: $20.50
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1 2010 Lincoln Cent 2 Roll Mint Box Set Union Shield LP5 02 26 10  1333
1 2010 Lincoln Cent 2 Roll Mint Box Set Union Shield LP5 02 26 10 1333
$19.95
Time Remaining: 7h 20m
Buy It Now for only: $19.95
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