Yearly Archives: 2010

DALLAS, TX -- A 1943-S Cent Struck on a Bronze Planchet, VF35 PCGS, an amazing 20th Century Branch Mint error rarity, proved itself once again as one of the most sought after error coins in U.S. numismatics when it soared to an impressive $207,500 tally as part of Heritage Auctions Feb. 4-7 Long Beach, CA Signature® U.S. Coin Auction.

All told the Heritage Long Beach event realized $8.76 million as almost 4,000 bidders competed for the rarities in this focused offering. All prices include 15% Buyer's Premium.

"By certain standards this was indeed a small auction, but we're thrilled with the prices," said Greg Rohan, President of Heritage Auction Galleries. "The market is definitely on the rise. We saw 91.2% of lots sold by value, and 93.7% sold by number of lots. Those are good numbers."

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Many collectors and sellers are anxiously looking forward to the 2010 Lincoln Shield Cent launch ceremony in Springfield, Illinois this Thursday, February 11, 2010. There are, however, a few individuals who have taken the initiative in the secondary markets to capitalize on the coins' desirability ahead of their release.

Auctions started appearing on eBay for the new cents as early as the middle of last month. The first sellers were promising rolls of the 2010s, obtained at exchange ceremonies either at the release ceremony in Springfield or in Washington, D.C. Going prices were an astonishing $25 dollars for one roll from D.C., or $35 if the roll was obtained at the Springfield ceremony.

Sellers guaranteed that the 50-coin rolls procured at the chosen site would be stamped with a commemorative Lincoln postage stamp as well as canceled in that city by the local post office on the day of release.

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