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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views of the Capitol building, American flags, shields, eagles, and a bundle of wheat stalks, which was subsequently withdrawn from consideration.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.
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