Mint News Blog

News, Information, and Commentary on US Mint Products

Tuesday, November 17, 2009

2009 Lincoln Penny Launch in Washington DC

On November 12, 2009 the United States held the launch ceremony for the final 2009 Lincoln Cent. The "Presidency" design was the last of four different reverse designs issued for Lincoln's bicentennial, to represent the different stages of his life.

The launch ceremony was held at the Ulysses S. Grant Memorial Statue at the U.S. Capitol Building in Washington, DC. Weather for the event was cold and rainy, which likely had an impact on the turnout. An estimated 200 people were on hand for the event. Many who might have attended the ceremony may have opted to go to other Washington DC area coin exchange locations which were held indoors.

You can read a full report of the launch ceremony by Les Peters on Coin Update News. The article includes some pictures from the launch ceremony, a few of which are also reproduced at the end of this post.

As with prior 2009 Lincoln Cent launches, rolls of the new design obtained from the launch ceremony and other locations have already been put up for sale on eBay. Stamped and USPS canceled rolls from the ceremony have been selling for around $15 each. Unmarked rolls have sold for less, with some 50 roll boxes sold for $80 ($1.60 per roll). Sales activity is certainly much different than the frenzy following the release of the first design. At the time, some single rolls sold for as much as $50 each.

Here are the current 2009 Lincoln Cent Presidency Rolls on eBay.

Last week's ceremony also might be viewed as the end of the year of Lincoln. This year many of the US Mint's most popular products have been centered around Lincoln's bicentennial. Sales of core annual products have also been impacted by the inclusion of special versions of the 2009 Lincoln Cent.

Earlier this year, the US Mint issued the 2009 Abraham Lincoln Commemorative Silver Dollars in proof and uncirculated versions. Throughout the year, four separate Two Roll Sets were issued for each 2009 Lincoln Cent design release. Special 95% copper 2009 Lincoln Cents were produced for inclusion in the 2009 Proof Set, 2009 Silver Proof Set, 2009 Uncirculated Mint Set, and separate 2009 Lincoln Proof Set. Lastly, the Lincoln Coin and Chronicles Set was issued in October, sold out in about 30 hours, and went on to rapid secondary market success.

Although the Bicentennial year will have concluded, there are two new Lincoln coins on the horizon for next year. As covered in a prior post, the 2010 Lincoln Cent will be released featuring a brand new reverse design. Additionally, the 2010 Lincoln Presidential Dollar will be released towards the end of the year. The final design for the Presidential Dollar coin featuring Abraham Lincoln has not yet been announced.

Photos from the 2009 Lincoln Cent Presidency design launch ceremony.






Coverage of prior 2009 Lincoln Cent launch ceremonies:
Hodgenville, Kentucky - Birthplace Cent
Lincoln City, Indiana - Formative Years Cent
Springfield, Illinois - Professional Life Cent

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16 Comments:

At November 17, 2009 at 12:20 PM , Anonymous Anonymous said...

What kind of interesting "collectable" things will the mint do with the new penny next year, I wonder? Will they have fancy mint roll wrappers, or make some out of real metal, like copper? I hope they do something cool to celebrate it's launch. Like the new design or not, we better get used to it and make the most of it. I'm definitly getting proof related items for this one.

 
At November 17, 2009 at 12:29 PM , Anonymous Anonymous said...

Is there going to be a new post with this week's Mint sales report through 11/15 today?

 
At November 17, 2009 at 12:56 PM , Blogger Michael said...

This info is usually available Tues or Weds. It will be posted as soon as available.

 
At November 17, 2009 at 1:00 PM , Anonymous Anonymous said...

Thanks, Michael. I really appreciate all you do on this blog. Reading it periodically throughout the day has become part of my routine.

 
At November 17, 2009 at 1:56 PM , Anonymous Anonymous said...

I was at the ceremony in DC and it was very dead in all three locations.This only means that there will be a limited supply of the cancelled rolls for this series.I believe the availability of these rolls once ebay members sell all of theirs will be very limited.For all of those people that are trying to get your final series of cancelled rolls.I would not wait very long.The turn out was low at all three locations compared to the turn out at the last three ceremonies.It is also believed that the fed is so full of coins that they may not want a large amount of this series which would effect mintage numbers.This may very well be the lowest mintage of the series.Overlooking this could be a very bad move.My recommendation is to pay that 15.00 per roll before people start realizing these facts and the price goes as high as the first rolls did.This may or may not happen.But don't say I didn't at least warn you of the impending sellout of these cancelled rolls.Only approximately 200 people were at each location and not all of those people had their rolls cancelled.If you can add.You should know what that means.each person if they stayed which not all did was able to get 6 rolls per time in line.You were only able to get back in line for approximately 5 times 6x5=30x700=2100.There are a lot more the 2100 collectors trying to collect these.Also be aware the the 30 day stamp does not guarantee that the roll was from the first day ceremony.Only rolls that were USPS Postmarked will be legit.Goodluck getting yours.

 
At November 17, 2009 at 2:54 PM , Anonymous Anonymous said...

I stand corrected.Maybe 21000 rolls were probably given out at the most.I'd be interested to see if there are any figures on just how many total rolls actually were given out.If you have that info Micheal please let us know.I believe the last ceremonies gave out around 35000 rolls with all locations combined.

 
At November 17, 2009 at 3:05 PM , Anonymous Anonymous said...

This is still a significantly less amount of rolls then the first three.I'd be very interested to know the roll amount figures given out on the first day by all the ceremonies in that order.Do you have those figures Michael?

 
At November 17, 2009 at 3:08 PM , Blogger Michael said...

Latest US Mint product sales figures now available over at Coin Update News

 
At November 17, 2009 at 3:30 PM , Anonymous Anonymous said...

That doesn't give the sales figures for the single 1st day ceremony rolls.Is there any info anywhere on that.The 21000 rolls would be if everyone at the ceremony and other two locations stayed in line for the maximum number if turns in line.I was there and I can say that many people got 6 rolls and left because of the rain.The line to have rolls stamp cancelled was very low too with maybe a maximum at one time of 150 people in line.They would only cancel 10 rolls at a time with the 30 day stamp that the 30 day stamp designer had created for the ceremony.The only problem with that stamp is.It is no good unless it is accompanied by an official USPS stamp cancel with that date on it showing it was indeed from the 1st day ceremony.Any one could buy a fed box 30 days after that, that wasn't at the ceremony and have that stamp put on it.(BUYER BEWARE).I opted to go have mine stamped cancelled at the USPS capital station museum with a authentic red stamp cancel with the date on it which was the same location the 30 day stamp cancel was taking place.Then went over to the union station USPS location to double stamp cancel my rolls.That way there is no disputing that they did indeed come from the 1st day ceremony issues given out on the first day.The red round stamp cancel from the Capital station I noticed had an upside down 2009 on it.Not sure if they did that on purpose or not to catch people who try to replicate them.

 
At November 17, 2009 at 3:58 PM , Anonymous Anonymous said...

Glad I canceled my Lp4 orders, yes I said orders ,lol.

 
At November 17, 2009 at 4:20 PM , Anonymous Anonymous said...

I'm glad you did too.means lower mintage lol.I hope more people follow in your footsteps ROFLMAO

 
At November 17, 2009 at 5:30 PM , Anonymous Anonymous said...

To anon @ 4:20, no worries my friend, I'll still have a box or two from other sources..

 
At November 17, 2009 at 6:09 PM , Anonymous Anonymous said...

I have found that with time and a little patience I have be able to acquire bank wrapped 2 roll sets of each issue for face value at my local bank, no need to pay the mint for fancy wrappers and white boxes.However I did buy 5 of the LP1's and resold for profit to further pad my coin budget.

 
At November 18, 2009 at 7:53 AM , Blogger Michael said...

In response to the question about how many rolls were available at the launch ceremonies-

I have the following numbers, based on what the US Mint told the press:

Hodgenville: 10,000 rolls
Lincoln City: 20,000 rolls
Springfiled: 20,000 rolls
Washington DC: 20,000 rolls

Note that these were the number of rolls available at the coin exchanges following the official launch ceremonies. Additional rolls also were available at DC exchange locations.

 
At November 23, 2009 at 10:56 AM , Anonymous Anonymous said...

Hey Michael,

Any idea when we will know final mintage numbers on the 2009 P & D LP4 design.

 
At November 23, 2009 at 11:42 AM , Blogger Michael said...

The total mintage for the Presidency design might not be available until January. The number is generally available in the beginning of the month after the US Mint ends production for the design.

If you are referring to the number of the LP4 product sold (two roll sets), the sales figures are released weekly.

Here is the most recent report on Coin Update

 

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