Mint News Blog

News, Information, and Commentary on US Mint Products

Friday, July 31, 2009

Lincoln Cent Proof Set, Lincoln Coin and Chronicles Set


The US Mint made another update to the product schedule yesterday. The update includes release dates for products during the month of September and the appearance of three new products that had not appeared on the previous version of the schedule.

2009 Lincoln Bicentennial One Cent Proof Set

This product was added to the schedule with a release date of August 26, 2009. Presumably, this is a separate proof set containing only the four 2009 Proof Lincoln Cents. These coins would likely have the special composition of 95% copper used on the proof cents already released. I will post confirmed details and pricing once they are available.

The addition of this product seems like poor planning or a decision made after the fact. There were likely many 2009 Proof Sets ordered specifically to obtain the special 2009 Proof Bronze Lincoln Cents. This is supported by the large number of auctions and print advertisements already offering separate 2009 Proof Lincoln Cents Set. In order to offer these sets, full proof sets had to be purchased and broken up.

Typically, when the US Mint offers a component set which will be included in a larger set, it is offered before the larger set.

This also serves to further break down the annual proof set into another separate component. The US Mint already offers a separate Presidential Dollars Proof Set and separate DC & US Territories Proof Set.

Lincoln Coin and Chronicles Set

This produced was added to the schedule with the release date listed as "Fall". Based on details previously released by the Mint, each set will contain the four 2009 Proof Lincoln Cents (95% copper) and the 2009 Proof Lincoln Bicentennial Silver Dollar Commemorative. The set will further include a reproduction of the Gettysburg Address, an image of Lincoln with signature, and certificate of authenticity. The set will have a limit of 50,000 units. See my previous post on the Lincoln Coin and Chronicles Set.

Due to the popularity of the 2009 Lincoln Cents, the higher prices of the Lincoln Silver Dollars on the secondary market, and the low authorized mintage for the set, a quick sell out for this product is expected. Although ordering details have not yet been released, it seems almost certain that the US Mint will have a household ordering limit. In my opinion, they might set this at one per household.

Braille Education Set

This product was added to the schedule with the release date listed as "Fall". Previous press releases from the United States Mint concerning the Louis Braille Bicentennial Silver Dollar coins had mentioned that a special set would be available. One released stated that it would be available "later in the spring."

Based on the product name, the set may provide educational information about the Braille System of writing for the blind and visually impaired and incorporate one or both versions of the commemorative coin. I will post confirmed details and pricing once they are available.

September Product Schedule

In addition to the newly listed products discussed above, release dates for previously listed products were added to the schedule as follows:
9/3/2009 Sarah Polk First Spouse Gold Coins
9/3/2009 Sarah Polk Bronze Medal 1 5/16”
9/8/2009 American Samoa First Day Coin Cover
9/17/2009 Presidential $1 Coin & First Spouse Medal Set - Sarah Polk
9/28/2009 U.S. Virgin Islands Bags and Rolls

The full product schedule can be viewed on the US Mint's website here.

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29 Comments:

At July 31, 2009 at 4:33 PM , Anonymous Anonymous said...

I think we can now realize the real reason why they lowered the return policy. That gives the mint the freedom to release whatever crap they want....when they want. I'd return half of my proof sets if I could now that I know they are going to sell the pennies alone. This could very well be the beginning of the end of the reasonability in collecting US mint products. Sucks.

 
At July 31, 2009 at 5:39 PM , Anonymous Anonymous said...

Unhappiness, disillusionment, confusion and despair seem to mark the Mint’s actions to collectors for the entire 2009-year. Sadly, there is no one to whom their disgusting and ill planned amateurish actions can be reported and addressed. It gets worse by the week. No one cares and soon the bubble will break. Once it does, collecting will be taken to offshore Mints around the globe. I wonder how the history books will record this abortion. Truely sad.

 
At July 31, 2009 at 6:05 PM , Anonymous Anonymous said...

I pity the mint. Seems they can't please everyone. Either they produce too much product or they produce too little.

 
At July 31, 2009 at 9:51 PM , Blogger Lasloo said...

Its not the amount of products, too much or too little... and its not how nice the coins may be or may not be.. its how they've sold them and advertised them... its how they've not been transparent about hardly anything.

 
At August 1, 2009 at 2:20 PM , Anonymous Anonymous said...

It is not that the mint can't please everybody, it is they can't please anybody! On the bright side, those proof sets that weren't dismantled may actually end up being the big winner.

 
At August 1, 2009 at 2:24 PM , Anonymous Anonymous said...

To Michael and other collectors:

The Mint made another mistake. This time they messed up the John Tyler presidential dollar and first spouse set. Somebody received the set with John Tyler coin, Letitia Tyler medal and a plastic card with Julia Tyler on it. Very interesting set. Seems that is the only set reported. You can find the set by searching item# 250475969396.

 
At August 1, 2009 at 4:02 PM , Anonymous Anonymous said...

For the Mint error Tyler and spouse set, that is the first one I heard. Very likely it has very low mintage. Hope I have the money to get one. Remember people paid $200+ for the 2007 sets not long ago even though more than 10,000 sets were produced for each set. This will be the hardest one to find for the whole series so far.

 
At August 1, 2009 at 5:58 PM , Anonymous Anonymous said...

Its really too bad about the deterioration in the type and quality of coins being released for collectors by the US mint. Brass presidential dollars, proof pennies, bags and rolls of clad quarters, etc. Sure they have a few items that are nice like the proof silver eagle. Oops they haven't released that one yet. Proof gold eagle fractionals. Oops they haven't released those either. My bad. I have started looking at foreign coins like silver from Mexico, Australia, and China as I am not a high dollar collector but I am not bottom dollar collector either and don't particularly like brass tokens called coins. I would have preferred a proof set without this presidential brass crap in it. Yeh, I bought them anyway but this may be the last year.

 
At August 1, 2009 at 9:23 PM , Blogger Lasloo said...

Whats the possibility, that the John Tyler error mentioned above is a fake? Wouldn't be that hard to take a legit Letitia Tyler set, take the original card out and generate a new one. Just copy the old one and replace the wife picture with something similar to this picture:
http://www.nndb.com/people/410/000127029/

I guess we have to really wait until the new Prez and spouse medal set comes out... see what the card is suppose to look like? Or do we know what it is suppose to look like yet?

 
At August 2, 2009 at 6:21 AM , Anonymous Anonymous said...

I'm getting too confused.......help!

The Mint now is going to issue a 4 penny proof set in September? Is this different from the 4 proof pennies in the clad set they have been selling, or is it the same set using the same plastic holder and 4 coin combination, but now to be sold as a stand alone without the other proof coins???? Also, are the pennies sold in clad sets different than the cents sold in the Silver proof sets???

How many pennies accross all 4 subjects have been or will be minted in 2009?

Regular 4 coin circulation issues at 2 mints=8 coins. Clad (s) proofs in clad sets=4 coins. Satin/Unc. to be issued later this year of 4 coins at P&D=8 coins. That's 20 different coins: regular zinc's, proof coppers, and satin unc's in copper. Am I correct or are there more to come...if so what are they please.

If it's 20 coins, that's a whole large one year "set" that's collectable. If it will be more than 20, Wow!- Grandpa

 
At August 2, 2009 at 7:34 AM , Anonymous Anonymous said...

It seems to me the spouse error set picture is probably what the Mint is going to use for the Julia set. I don't think that person can just make up one. Looks genuine to me. I also tried on my other presidential and spouse sets and I don't think you can easily replace the plastic card without breaking the whole set. Also it is US Mint, anything can happen these days!

 
At August 2, 2009 at 9:21 AM , Anonymous Anonymous said...

I don't know about the rest of you, but my prez/spouse sets came in cello wrappers. The error one on ebay doesn't show the wrapper, which would cause me to be suspicious. Bid with caution.

 
At August 2, 2009 at 9:26 AM , Anonymous Anonymous said...

About the proof pennies...The other coins (quarters, dollars) that were sold as individual sets came in identicle holders as the one in the full proof sets, so I would assume that the 4 cent set would be the same as the one available in the full proof set. I believe that the 4 cents in the silver proof set are the same as the 4 in the clad set. At least the packaging is the same. This would give you 4 proofs, 8 satin uncs. and 8 business strikes for a total of 20. Congrats to Dansco, what used to be 10 years per page will become 2 years per page. They should be making a fortune.

 
At August 2, 2009 at 9:58 AM , Anonymous Anonymous said...

I just checked that error set on Ebay. The seller have some pictures showing the cello wrapper as well as other details. There are two error sets on Ebay now, but from the same seller, lucky guy!

 
At August 2, 2009 at 11:07 AM , Blogger Lasloo said...

Per the Julia Tyler Spouse Medal Set error above... the addition of the back of both seems to help out its legitimacy. The cello wrapper pictures are good... but still fakable. But all in all, it's looking like the real deal and that the Mint did manufacture an error in this case. However, I would strongly caution anybody from buying this until at least the new first spouse medal set comes out and you can do a true comparison.

 
At August 2, 2009 at 7:45 PM , Blogger Unknown said...

After reading the posts about the spouse set, I decided to open my mint shipment of 99 of these sets. I found one set that had the Julia Tyler card on it, so the sets on ebay are definitely genuine. My ebay handle is modern-coins, and I will possibly put this set up for sale. According to Numismatic News, the mint has made 6332 of these sets as of 7/29. Since I have one set and there are three on ebay, there are 4 known sets thus far. Technically this is not coin error but a mint packaging error. It should be interesting to see how many more appear. My gut is that there are fewer than 100 of these sets when the dust settles.

 
At August 2, 2009 at 8:18 PM , Anonymous Anonymous said...

Good for you John! Whether it's 4 sets, 100, or 250...that's still a fortunate find. Certainly it's not a mistrike of a coin but rather a packaging error. Never-the-less, I can just see Chattanoga Coin / QVC / or who ever is the dealer of the day slab a set, label it as a "First Error" of some sort, place a useless CAC green sticker on it, give it a "70 grade"....and advertise it as unique for $1,000.

Don't sell it John, keep it for your personal collection of errors, and watch the hoopla and articles in Coin World and elsewhere. LOL, that will be worth every cent (NPI).

 
At August 3, 2009 at 2:02 PM , Anonymous Anonymous said...

Lucky you, John. I checked the 60 sets I ordered. No Julia, only Letitia.

 
At August 3, 2009 at 2:06 PM , Anonymous Anonymous said...

Does anybody know how to certify a set like the error John Tyler and spouse set? I am not sure if NGC or PCGS provides certification service for Mint products other than coins.

 
At August 3, 2009 at 2:13 PM , Anonymous Anonymous said...

Anyone who's received their sets so far is lucky as far as I'm concerned. My order placed on the first day (July 14th) still shows a status of "On Hold", despite the product being "In Stock and Reserved" since day one! It's really starting to get on my nerves!

 
At August 3, 2009 at 2:14 PM , Blogger Mint News Blog said...

NGC does certify some items in US Mint packaging such as First Day Covers and GSA packaged items.

I haven't heard anything regarding the pres and spouse coin and medal sets. You can try contacting them and see if they have any plans to start certifying these.

 
At August 3, 2009 at 8:02 PM , Blogger Unknown said...

Yes, I do feel lucky and was really surprised that I got these so fast as I ordered them on 7/24 and the mint shipped them on 7/30. Obviously the mint does not really do a first come first served approach as it says it does.Coincidentally I ordered the Harrison first spouse medal sets on 4/17 and received them on 7/20 also. Six days to ship one order and just over 3 months for the other. I also ordered the van buren and jackson sets months before and never received them as they became no longer available even though I ordered them months before they sold out.Purchasing products from the mint is really like playing a game of craps you just never no if your going to get your product or when. When I get a chance I will call NGC and see if this is something they would consider slabbing, I will let the board know what they tell me and thanks everbody for the thanks.

 
At August 4, 2009 at 6:32 AM , Anonymous Anonymous said...

FWIW I ordered three John-Letitia Tyler dollar/medal sets on 7/23 and they were on my doorstep on 8/1.

 
At August 4, 2009 at 7:22 AM , Anonymous Anonymous said...

Did you find any Julia Tyler?

 
At August 4, 2009 at 7:42 AM , Anonymous Anonymous said...

No, I didn't find any Julia (maybe at 3 sets the odds weren't in my favor?).
My only motive in ordering these is as an investment. These are really an item for a beginning collector.

 
At August 4, 2009 at 12:25 PM , Anonymous Anonymous said...

Mail carrier just delivered my 4 Tyler sets....all 4 are the Letitia's. No complaints, happy to have them as the rumor is that the Letitia's will cease being sold on 8/25 when the Julia's are issued for sale. This suggests that a limited number will be minted, assembled, and sold. Just like with other offerings, it appears the mint stops them when the next in line is ready. Thought this might happen as they need to issue and sell 5 spouses this year because of the 2 wives for a Pres. - Grandpa

 
At August 4, 2009 at 3:48 PM , Anonymous Anonymous said...

In regards to the mint releases.. Personally I like the fact that the mint is being unreliable on release dates and products. The uncertainty will work in your favor not against you. Knowing exactly what, where, when and how many of something coming out on a specific date takes all the fun out of collecting and ensures to much. Its the unknown and irregularity that will make a lot of the products more desirable and give some people a chance to actually get them. For instance, the chronicles set. If there is a specific time and date with very low mintages.. well you can bet most dealers and all their pals will be sniping most of the available sets. If there is more uncertainty and less specifics more people might get a chance. Also.. it forces real collectors to watch the mint site more regularly. I know I log into it the site almost everyday now. The people running the mint are not stupid. Just my opinion of course but I think all of this back and forth about the mint being a joke in the long run will prove opposite. 2009 will be a year to remember. Let the games continue!

 
At September 27, 2009 at 11:06 AM , Anonymous Anonymous said...

It appears that the Ebay bid prices for ungraded regular mint issue 2009 Lincoln Commemorative Silver Dollars has dropped into the mid $50 range.
Mike, as per the title of this blog subject any idea as to what the "currency" is to be in the "Lincoln Coin and Currency Set".

Jim L.

 
At September 30, 2009 at 6:30 AM , Blogger Mint News Blog said...

The "currency" part was an error in the title. Should be Coin and Chronicles Set.

More info is now available from the Mint. I will have a fresh post on this today.

 

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