Mint News Blog

News, Information, and Commentary on US Mint Products

Tuesday, March 24, 2009

2009 Uncirculated Lincoln Commemorative Wait List


This afternoon the 2009 Abraham Lincoln Commemorative Uncirculated Silver Dollar went on "waiting list" status. The Proof version of the coin remains available for sale without the waiting list notice.

The message on the Uncirculated coin's product page in part states the following:
The number of orders we have taken meets the maximum limit for the 2009 Abraham Lincoln Commemorative Uncirculated Silver Dollar. You may still place an order for his product, which will go on a waiting list. If a product becomes available due to an order cancellation, we will fulfill orders from the waiting list on a first-in, first-served basis.
As posted over the weekend, combined sales through March 15, 2009 was 423,451, bringing the total very close to the 450,000 individual sales needed to reach a sell out. The maximum mintage for the 2009 Lincoln Commemorative is actually 500,000, but 50,000 have been reserved for a special 5 Coin Proof Set to be released this summer.

The maximum authorized mintage does not specify separate maximums for the proof and uncirculated versions of the coins. The breakdown is generally determined based on demand from customer orders. As a practical matter, the US Mint probably must determine an allocation for the final production runs in advance of the actual sell out.

The proof version of the Lincoln Commemorative has sold more than twice as many coins as the uncirculated version. When the additional 50,000 proof coins to be included in the special set are considered, the final proof mintage might be close to triple the uncirculated coin's mintage. For some past commemorative coin issues, the uncirculated coin which was less popular during the sales period eventually became more expensive on the secondary market due to the lower mintage.

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10 Comments:

At March 24, 2009 at 3:47 PM , Anonymous Anonymous said...

Love those UNCs

 
At March 24, 2009 at 6:45 PM , Anonymous John said...

Me too!

As an amateur collector, I really think the Lincoln coins (pennies and silver) are the best coins to be offered this year by the mint (not necessarily the most beautiful - I think the UHR win that contest). They are affordable and Lincoln was/is a very popular, and more importantly, one of the most important and enduring figures this nation has ever produced.

I did overpay for the penny sets to make sure I got them while they were available, and I will be trying to get one of the 50K penny/silver sets later this year.

I was happy to get a proof and UNC version and think both are very nice.

As a side note I was worried about the ripples on the proof silver version, but read on another site that those were getting PR70 status.

 
At March 25, 2009 at 8:16 AM , Anonymous Anonymous said...

Could you describe :
"the ripples on the proof silver version"

 
At March 25, 2009 at 8:54 AM , Anonymous Anonymous said...

It's interesting to see for how many days will the US Mint continue to take orders on a "Waiting List"?!

 
At March 25, 2009 at 7:02 PM , Blogger Tyrone said...

Darn. Sorry I only picked up 25 of the uncirculated variety. Perhaps I'll order more of the proofs; just trading fiat trash for it, anyway.

 
At March 25, 2009 at 8:45 PM , Anonymous Anonymous said...

Thats odd, it's weds 03.25.09 8:pm PST in Calif, and I just ordered more of both of the Lincolns.
Order went through shipping date 04.03.09. did'nt get on any waiting list or did I get a message that I was.

 
At March 26, 2009 at 10:06 AM , Anonymous Anonymous said...

To Anonymous (March 25, 2009 8:45 PM)
When you place your order, you are already on the waiting list.If someone's order gets cancel or someone decides to return a few coins,then you have a chance to receive something.Otherwise,you will get a sell out notice from the mint.
As of today(according to Mint statistics),there are 2,132 coins left.

 
At March 26, 2009 at 12:12 PM , Blogger Stevieladeek said...

On the Mint website, the UNC. Silver Lincoln now shows "sold out".
The most recent Mint stats showed 447,868 total sold, leaving only 2,132

 
At March 26, 2009 at 12:13 PM , Blogger Stevieladeek said...

On the Mint website, the UNC. Silver Lincoln now shows "sold out".
The most recent Mint stats showed 447,868 total sold, leaving only 2,132

 
At March 27, 2009 at 9:28 AM , Anonymous Anonymous said...

Proofs are wait listed now. 3/27 noon est.

 

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