23.7 Million Lincoln Rail Splitter Cents Sold in May

by 2009 Lincoln Pennies Staff on June 2, 2009

in 2009 Lincoln Penny Rolls,Lincoln Bicentennial Coins

Lincoln Coin SalesIn just over two week's time, Lincoln Rail Splitter Cents have made a massive impact on the collecting community, based on US Mint sales figures and collector chatter.

A whopping 237,365 of the two-roll sets were purchased as of Sunday, May 31. With 100 coins per set, that is a total of 23,736,500 Lincoln pennies sold in May.

Sales of the Lincoln Rail Splitter Cent have slowed down significantly since they were released on May 14th. Initial demand was extremely high for the second in the series of four newly designed pennies available this year. The newest figures from the Mint show 14,539 sets were sold last week. The week before 22,771 were purchased.

While these numbers are actually nothing to laugh at, when referring to the coins initial release, they pale in comparison. The Formative Years cent, as it is formally known, surpassed all expectations. In the first four days of its release, the US Mint's tally shows 200,055 of the two roll sets were sold. (See Lincoln Rail Splitter Penny Sales Steaming Like a Locomotive.)

It is speculated that many collectors and resellers bought their inventory early to avoid the possibility of the pennies being pulled from availability. In fact, they had some reason for concern, as the Mint had to push back shipping dates for the new pennies due to the high demand.

At one point, the Mint had stated shipping dates of July 15th. Last week they changed to June 19th. As of this writing, the Mint is now showing a ship date of June 9th. Evidently they are getting further ahead of the demand curve, and have been helped by slower sales.

The two roll sets consist of one roll of 50 coins from the Mint in Philadelphia and one roll of 50 coins from the Mint in Denver. They are still available from the US Mint's online store at:

2009 Lincoln Cent Two-Roll Set "Formative Years"

The sets are also available by calling the Mint's toll-free number 1-800-USA-MINT (872-321-MINT (6468).

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