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03-10-2009, 11:39 PM
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#1 (permalink)
| | soloist gnomic
Join Date: Jun 2008
Posts: 1,150
My Mood:  | Latest from the Mint re: 2009 Lincoln Cents
As of yesterday - Rolls of the First Redesigned Lincoln One-Cent Coin Available March 13
WASHINGTON - At noon Eastern Time (ET) on March 13, 2009, the United States Mint will offer rolls of one-cent coins bearing the first of four new reverse designs struck in honor of the bicentennial of President Abraham Lincoln's birth. The historic Lincoln Cent Birthplace Two-Roll Set-available for a limited time only-is priced at $8.95.
The two-roll set contains one roll each of 50 coins, one produced at the United States Mint at Philadelphia and one produced at the United States Mint at Denver. Each roll of coins in the two-roll set is packaged in specially designed paper coin wrap that displays the mint of origin, the year and the face value of the contents.
The reverse design (tails side) of the new one-cent coin features a log cabin representing Lincoln's humble beginnings in Kentucky. Inscriptions on the reverse are UNITED STATES OF AMERICA, E PLURIBUS UNUM, ONE CENT and 1809. The reverse was designed by United States Mint Artistic Infusion Program Master Designer Richard Masters and executed by United States Mint Sculptor-Engraver Jim Licaretz.
The obverse (heads side) will continue to bear renowned sculptor Victor David Brenner's familiar likeness of President Abraham Lincoln currently on the one-cent coin.
Customers can purchase the Lincoln Cent Birthplace Two-Roll Set at the United States Mint's secure Web site, www.usmint.gov/. Telephone orders will be accepted at the toll-free number, 1-800-USA-MINT (872-321-MINT (6468). Hearing and speech-impaired customers with TTY equipment can place their orders at 1-888-321-MINT (6468). A shipping and handling fee of $4.95 per order will be added to all domestic orders.
One-cent coins bearing designs representing Lincoln's formative years in Illinois, his professional life in Illinois and his presidency in Washington D.C. will be released later this year.
Contact: Press inquiries: Greg Hernandez (202) 354-7222
Customer Service information: (800) USA MINT (872-6468)
Anybody taking bets on the likelihood of actually being able to make contact on Friday?
__________________ Quote: | Go placidly amid the noise and haste, and remember what peace there may be in silence. As far as possible, without surrender, be on good terms with allpersons. Speak your truth quietly and clearly. And listen to others, even the dull and ignorant; they, too, have their story. - Max Ehrmann - | Type Set 64/129
Last edited by davidh; 03-10-2009 at 11:43 PM.
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03-11-2009, 12:15 AM
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#2 (permalink)
| | AMERICAN
Join Date: Nov 2008 Location: SF east bay area
Posts: 747
My Mood:  |
9 bucks. Wow. I'll just wait it out. Thanks for the info.
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I'll keep my guns, freedom, and money
And you can keep the Change | |
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03-11-2009, 12:52 AM
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#3 (permalink)
| | soloist gnomic
Join Date: Jun 2008
Posts: 1,150
My Mood: | Quote:
Originally Posted by mgChevelle  9 bucks. Wow. I'll just wait it out. Thanks for the info. | That's $8.95 for the two rolls plus $4.95 shipping/handling. A total of $13.90 for 100 coins - 13.9 cents each. Not totally outrageous.
__________________ Quote: | Go placidly amid the noise and haste, and remember what peace there may be in silence. As far as possible, without surrender, be on good terms with allpersons. Speak your truth quietly and clearly. And listen to others, even the dull and ignorant; they, too, have their story. - Max Ehrmann - | Type Set 64/129 | |
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03-11-2009, 04:39 PM
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#4 (permalink)
| | Just a collector
Join Date: Nov 2008 Location: South Central, PA
Posts: 312
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Originally Posted by davidh That's $8.95 for the two rolls plus $4.95 shipping/handling. A total of $13.90 for 100 coins - 13.9 cents each. Not totally outrageous. | Not totally outrageous? That is only about a 1400% mark-up on the face value of each coin. No not bad at all. imagine all companies getting that much of a mark up on all their products.
I will be happy to wait until they show up at a bank. Sooner or later they will.
Dave
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03-11-2009, 11:35 PM
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#5 (permalink)
| | soloist gnomic
Join Date: Jun 2008
Posts: 1,150
My Mood: | Quote:
Originally Posted by Digenes Not totally outrageous? That is only about a 1400% mark-up on the face value of each coin. No not bad at all. imagine all companies getting that much of a mark up on all their products.
I will be happy to wait until they show up at a bank. Sooner or later they will.
Dave | I didn't mean that the price for the two rolls is reasonable - few sane persons would pay $13.90 for two rolls of cents - but I think I could be talked out of 14 cents for one coin if I didn't think I could find an uncirculated one elsewhere.
__________________ Quote: | Go placidly amid the noise and haste, and remember what peace there may be in silence. As far as possible, without surrender, be on good terms with allpersons. Speak your truth quietly and clearly. And listen to others, even the dull and ignorant; they, too, have their story. - Max Ehrmann - | Type Set 64/129 | |
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03-11-2009, 11:04 AM
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#6 (permalink)
| | Supporter**
Join Date: Mar 2008 Location: Michigan
Posts: 1,356
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That totally explains why they are not releasing them in larger numbers. They gotta get theirs first.
I hope nobody orders them and their vaults overflow, ala Susan B. Anthony dollars.
Then, of course, in 100 years they will release them like they did with the GSA CC Morgans, and they'll probably get 10,000 times face value.
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03-11-2009, 03:31 PM
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#7 (permalink)
| | Coin Hoarder
Join Date: Nov 2008 Location: Wisconsin
Posts: 773
My Mood:  | Quote:
Originally Posted by borgovan That totally explains why they are not releasing them in larger numbers. They gotta get theirs first.
I hope nobody orders them and their vaults overflow, ala Susan B. Anthony dollars.
Then, of course, in 100 years they will release them like they did with the GSA CC Morgans, and they'll probably get 10,000 times face value. | I Believe the demand for circulating coins is extremely low. My wife works at a bank and says she cannot believe the amount of change being cashed in lately. There is no sense ordering coins (and paying shipping), when people are turning in enough to meet your needs. The mint is just benefitting from it, not to mention utilizing the opportunity. I refuse to pay for a circulating coin, especially a cent. So I wait...
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03-11-2009, 04:26 PM
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#8 (permalink)
| | ANA# R3129541
Join Date: Sep 2007 Location: Long Island, New York
Posts: 5,927
My Mood:  |
What a freakin' rip off..........
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They also serve who only stand and wait....John Milton
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03-11-2009, 06:45 PM
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#9 (permalink)
| | Coin Hoarder
Join Date: Nov 2008 Location: Wisconsin
Posts: 773
My Mood: | Quote:
Originally Posted by green18 What a freakin' rip off.......... | Well put! I'm usually not that direct (although I should be). But wow, the mark up is even higher than foreign-made baby clothes. You can buy wheat cents for half that price, and they at least had some relief in the design.
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03-11-2009, 09:27 PM
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#10 (permalink)
| | Supporter**
Join Date: May 2008
Posts: 1,931
My Mood: |
It is cheaper than the e-bay price, and the coins are probably in better condition than ones pulled from circulation.
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