Posts tagged as:
2009 Lincoln Rail Splitter pennies, formally known as the "Formative Years" cents, are exceedingly popular with the American public.
Released US Mint sales figures continue to show exceptional demand for the second of four redesigned 2009 pennies that commemorate the birth of President Abraham Lincoln. [click to continue…]
{ 0 comments }
Announced and implemented on Wednesday, June 24, the US Mint is offering the remaining two designs of the 2009 Lincoln Cents as part of its' Online Subscription Program. This change in policy will allow collectors to pre-order the remaining designs before their initial launch date.
The third design, Professional Life Cent , is slated to be released on August 13th while the fourth, Presidency in DC Cent is due out in November. Taking a subscription will guarantee that the purchaser receives the final two versions of the 2009 Lincoln cents, up to the maximum limit of 5 sets per design. [click to continue…]
{ 1 comment }
In 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. [click to continue…]
{ 0 comments }
Released Thursday, May 14, sales of the 2009 Lincoln Rail Splitter cent (formerly known as the Formative Years cent) are surpassing all expectations. Demand at the official release ceremony in Indiana was exceptionally high, kicking the coin's popularity into an even higher gear.
The ceremony took place at Lincoln Amphitheatre in Lincoln State Park, Lincoln City, Indiana. An estimated 3000 people attended the event which is double the turn-out for the ceremony in Kentucky that marked the first Log Cabin cent release.
United States Mint Director Edmund Moy presided over the celebration and said:
"The 14 years Lincoln spent here in Indiana gave him the skills and character, compassion and fortitude, to lead the nation through one of the darkest periods in our history."
Over 200 elementary school students took part in the ceremony as well as the actor who will play Lincoln in the the amphitheatre's upcoming production of 'Lincoln - Forging Greatness'. [click to continue…]
{ 1 comment }
The US Mint Lincoln Cent Birthplace two-roll set surprisingly sold out Thursday, according to a Mint website notice. Although the Mint was clear in stating the Lincoln rolls would be available for a "limited time only," Mint watchers did not anticipate they would be gone in less than two weeks.
The coins -- featuring a log cabin design symbolic of Abraham Lincoln's birthplace and childhood, and the first redesigned penny in 50 years -- began circulating on the 200th anniversary of Abraham Lincoln's birthday, Feb. 12, 2009.
As the public began discovering how difficult it was to find the circulating pennies early, the Mint delighted many by announcing it would sell two-roll sets of Lincolns.
On Friday, March 13, the Mint began offering two-rolls containing $1 worth of equally divided Philadelphia and Denver pennies for $8.95, plus $4.95 for shipping and handling. [click to continue…]
{ 3 comments }
Two-roll sets of the Lincoln Cent Birthplace coins are screaming along with collectors ordering 63,772 in under a week.
The rolls of log cabin designed pennies went on sale at the US Mint last Friday, Mar. 13, for the price of $8.95, plus shipping and handling. Although the premiums are not insignificant with each roll from Denver and Philadelphia only having 50 coins, the mark-up does not seem to phase many collectors -- obviously, with such a takeoff in sales.
[click to continue…]
{ 1 comment }
