Mint News Blog

News, Information, and Commentary on US Mint Products

Wednesday, August 5, 2009

2009 Professsional Life Penny- Coin Exchange in Washington DC

Can't make it to the upcoming 2009 Penny Launch in Springfield, Illinois? Similar to the prior 2009 Lincoln Cent release , there will be coin exchanges available at two US Mint locations in Washington, DC.

The locations for the coin exchange will be the US Mint Sales counters located at Union Station, Washington DC and 801 9th St NW, Washington DC. The coin exchanges will take place on August 13, 2009 from 10:00 AM to 4:00 PM or while supplies last.

Each person will be allowed to exchange currency for rolls of the newly released 2009 "Professional Life" Lincoln Cents, subject to a minimum of two rolls and a maximum of six rolls. The limits remain subject to change and may be adjusted at any time of the day during the exchange.

All coins will be from the Philadelphia Mint and wrapped in bank rolls.



At August 7, 2009 at 6:14 AM , Anonymous Anonymous said...

Do you suppose when the Professional cent is release, the Formative cent will cease to be sold at the Mint?

I noticed the 4 cents (part of the US Mint 2009 Set) is selling on the secondary market averaging $13-14 and sometimes even lower - will this do you have an opinion ... will these copper pennies become more valuable with the whole original 2009 set or better as a break-away - I bought 19 sets and broke one set to give the pennies to a little boy (second grader) starting a collection. I love giving collectible coins as gifts. Thanks for any thoughts on these cents.

At August 7, 2009 at 6:18 AM , Anonymous Anonymous said...

Standing in a line for hours in the humid weather and heat of Washington in August for 2 rolls of pennies doesn't make 'cents' to me. Nice if you live a few blocks away, bad for everyone else. Oh well.

At August 7, 2009 at 6:27 AM , Blogger Michael said...

"Do you suppose when the Professional cent is released, the Formative cent will cease to be sold at the Mint?"

I think this is the likely scenario, although I don't have any direct confirmation. I am actually finishing up a post about this now. Check back shortly.

At August 7, 2009 at 1:58 PM , Blogger Lasloo said...

Actually both U.S. Mint kiosks are inside. There isn't that much of a lobby area for the one at the U.S. Mint HQ building, so it could go outside. However, last time, they gave people numbers as they arrived, so you could go do other stuff and come back when it opened.
As for Union Station, there is a LOT of space around that kiosk and its all inside. Last time, the line got pretty long but everyone was still inside. Also, there is a post office at Union Station where you can probably get your coins stamped and postmarked which of course makes them more valuable to some.

Some people, last time, were taking there coins over to the Lincoln Memorial to get their "passport" postmark. Its not an official post office postmark, but for some, it means more since its from the Lincoln Memorial. That way, you have Lincoln pennies, with a Lincoln stamp, and a Lincoln-oriented postmark.

At August 12, 2009 at 11:17 AM , Anonymous Anonymous said...

I really appreciate Lasloo's post as this will be my first time for the Cents. I hope to get some. Thank You
Do you take cash? Sure!!
New commercial...A guy wants to pay with pennies...very funny! I think it was for Office Max's 1 cent Back to school sale.
Please visit OURBLESSEDHOPE on Ebay

At August 23, 2009 at 6:37 AM , Anonymous Anonymous said...

Does anyone know how which banks have boxes of any of the new designs, how a bank could successfully get some, or how some of the individuals on eBay have obtained the many boxes they offer for sale? I'd like any of the designs, not just the newest. Thanks.

At August 24, 2009 at 7:17 AM , Blogger Lasloo said...

Banks can specially order the newest rolls but they have to pay a fee. And unless they are extremely nice or you're an awesome customer, they probably won't pony up that fee just to get you the newest roll. In addition, there's no guarantee the will be able to get the newest roll. Also, I doubt there's any way for them to get new rolls of the first two designs. If they haven't already been distributed, then they have already been spoken for.

So, the only real way to get brand spankin' new BU gem rolls of the former two designs is to buy a roll from somebody for a premium.

As to how people online get boxes of new coins... simple, they have an in with their banks, armored car company, and/or commercial business. A lot of people have a commercial account with their banks and use that power to get favors like a whole box of the new pennies.


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