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Tuesday, November 10, 2009

2009 Lincoln Cent Presidency Design Release and Launch Ceremony

On November 12, 2009, the final 2009 Lincoln Cent design will be released by the United States Mint. The release will be marked by an official launch ceremony in Washington DC, the unveiling of the 2010 Lincoln Cent design, and the start of sales for the 2009 Lincoln Cent "Presidency" Two Roll Set.

The 2009 Lincoln Cent "Presidency" design features a view of the half completed United States Capitol dome. This is intended to symbolize a National torn apart by civil war, and the resolve Lincoln showed as he guided the country through the crisis. The reverse was designed by Susan Gamble and sculpted by Joseph Menna.

The official launch ceremony will take place on November 12, 2009 starting at 10:00 AM ET. The event will be held in Washington DC at the Ulysses S. Grant Memorial Statue, below the west front of the US Capitol Building. Similar to prior launch ceremonies, attendees will have the opportunity to exchange currency for rolls of the new coins after the ceremony. The US Mint has indicated that the exchange will be subject to a minimum of two rolls and a maximum of six rolls per person.

Similar to previous 2009 Lincoln Cent releases, coin exchanges will also be available at other US Mint locations in Washington, DC. This includes the US Mint sales counter located at Union Station and the first floor of the US Mint's headquarters at 801 9th Street NW.

Coin World has reported that the US Postal Service has created special postal cancellation for the Washington DC launch. The cancellation will be available at the Postal Museum, located at 2 Massachusetts Ave NE, directly across from Union Station.

The launch ceremony will include the unveiling of the designs to be used for the 2010 Lincoln Cent. The new reverse design is intended to be "emblematic of President Lincoln's preservation of the United States of America as a single and united country." A total of eighteen design candidates were released by the United States Mint earlier this year. The designs featured views of the Capitol building, American flags, shields, eagles, and a bundle of wheat stalks, which was subsequently withdrawn from consideration.

The Commission of Fine Arts and the Citizens Coinage Advisory Committee reviewed the design candidates. The CFA favored a design featuring an American flag with 34 stars, and the CCAC favored a design featuring a shield. The final decision is up to the United States Treasury Secretary.

On November 12, 2009 at 12:00 Noon ET, the United States Mint will also offer the 2009 Lincoln Cent Two Roll Set for the Presidency design. Each set will contain one 50-coin roll from the Philadelphia Mint and one 50-coin roll from the Denver Mint. The rolls will be packaged in custom designed paper wrappers which denote the year, mint, and face value of the coins.

The rolls are priced at $8.95 each. There is an ordering limit of five sets per household. The US Mint's product page can be found here.

Previous two roll sets have been popular with collectors. The Birthplace Two Roll Set sold out in two weeks after selling 96,000 units. The Formative Years Two Roll Set sold 300,000 units and remained on sale briefly after the release of the third design. The Professional Life Two Roll Set is still currently available for sale from the US Mint and has sold 245,061 units as of the last weekly reporting period.
Today on Coin Update News:
US Mint Sales Report for 11/8/09

New Episode on Coins TV:
Peace Dollar Video

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11 Comments:

At November 10, 2009 at 3:55 PM , Anonymous Anonymous said...

Anyone else get one of these? Email received from mint >>
LINCOLN PRESIDENCY 2 ROLL SET LP4- SUBSCRIPTION 5 x $0.01 =$0.05 5 units backordered. Expected to ship on 11/25/2009.

 
At November 10, 2009 at 4:02 PM , Anonymous Anonymous said...

I vote LP-13.

 
At November 10, 2009 at 6:49 PM , Anonymous Anonymous said...

my mint account ---
backordered. expected to ship on
11/10/2009

 
At November 10, 2009 at 7:53 PM , Anonymous Anonymous said...

Copied from mint site. .
Product Name Quantity Price
(each) Total Item Status Cancel
LINCOLN 2-ROLL SET "PRESIDENCY" 5 $8.95 $44.75 5 units backordered. Expected to ship on 11/10/2009.

 
At November 10, 2009 at 9:14 PM , Anonymous Anonymous said...

Definitely the 34-Star Flag. How is a basic unadorned shield emblematic of preserving the United States? The simple fact that the flag never had stars removed during the Civil War was testament to the fact that Lincoln, the subject of the coin, never intended to divide this house. The shield design, as proposed, is not even the historical shield that we usually see or any other special shield, but rather a modern artist's idea with no relation to the preservation of America as a single, united country. It is more futuristic, and if the goal of the Congressional Act was to show the potential for future Union, then it might make sense. But, a basic 13-stripe shield with no stars at all, for all we know, could be the 13 Confederate States and not the 13 original states, and even if that is a far-out idea, I still just don't see how it satisfies the goal of the 2010 Cent; moreover, as mentioned, not only is the 34-Star Flag better than the shield idea, but it is actually a perfect idea independent of "competitor" designs.

 
At November 11, 2009 at 9:29 AM , Anonymous Anonymous said...

LINCOLN 2-ROLL SET "PRESIDENCY"
5 units backordered. Expected to ship on 11/26/2009.

 
At November 11, 2009 at 10:54 AM , Anonymous Anonymous said...

11/10, 9:14pm:

Interesting take on the 34 star flag - I like what you said about Lincoln never taking any of the stars off during the Civil War as evidence of his conviction for keeping the Union united. Frankly I hadn't thought about it that way and had previously been thinking a 34 star flag was rather inappropriate for the proposed purpose ("emblamatic...)of the 2010 Lincoln design - I have to say I'll rethink that.

Still not crazy about the LP-10 design though - I think the idea was to go simple and classic, but I think they overdid the 'simple' aspect - I'm not looking for glitz (and I wasn't crazy about the more modern looking flag submisssions either), but couldn't it be a little more interesting?

Good point on the LP-13 design - it is my favorite of the 17 submissions (too bad the wheat stalks looked too much like the German coins - would have otherwise been the best design by far!), but I agree that it would have been better to use a more traditional shield - the overall appeal of the design would have remained.

I guess we'll just have to wait until tomorrow to see

 
At November 14, 2009 at 4:01 PM , Anonymous Anonymous said...

I'm hoping that the mint knocks off early for the holidays and LP4 gets shut out early. The Mint owes us dedicated penny collectors a favor for the over production of LP1, LP2 and LP3.

 
At November 15, 2009 at 8:15 AM , Blogger Hidalgo said...

A quick sell off would be nice, but the US Mint is into making a profit, like many coin flippers. So I wouldn't count on a quick sale.

I have found that the US Mint will periodically cut off sales quickly so that it will stimulate future sales. There are plenty of examples, e.g., the first Lincoln cent rolls, the Harrison dollar rolls, the 2008 gold coins, etc.

 
At November 16, 2009 at 10:59 AM , Anonymous Anonymous said...

Ordered LP4 on 11/12/09 @ 6PM Pacific Time. Backorder message with order stated "Backordered Ships 11/23/09. Received e-mail from mint today (11/16/09) stating "Backorderd Ships 11/30/09." This could be signaling a low mintage run for LP4.I just hope I get my order.

 
At November 17, 2009 at 7:28 AM , Anonymous Anonymous said...

The Mint always shifts those backorder dates around like that. It isn't a sign of a quick sell-out or anything, sorry.

No, I'm sure they will sell the heck out of those roll sets the same as they did the two prior ones. I just wish I hadn't fallen for the Tyler/Polk roll purchases. Polk is a goner, but it isn't the Mint's fault on Tyler. They cut him off at the exact same level as Harrison, but for some reason he is being treated like a leper!

At least if all else fails, I still have the face value of the coins. I just wish I hadn't flushed the premium I paid for them down the toilet. Me and my overwhelming need to not miss out on what might be "the next big thing." Sigh.

 

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