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Wednesday, January 13, 2010

2009 Lincoln Cent Mintages


The final mintage figures for all of the 2009 Lincoln Cents are now available. The "Presidency" design has come in with some surprisingly low numbers since apparently no additional coins were produced during the month of December.

When the US Mint had updated their coin production figures to reflect production for November 2009, they had indicated that production of 2009 Lincoln Cents was still ongoing. It appears that this was not correct as the figures remains unchanged. None of the coin production figures for other denominations have changed either, suggesting that no coins were produced for circulation during the month of December.

The mintages for all 2009 Lincoln Cents are shown below:

Philadelphia Denver Total
Birthplace 284,400,000 350,400,000 634,800,000
Formative Years 376,000,000 363,600,000 739,600,000
Professional Life 316,000,000 336,000,000 652,000,000
Presidency 129,600,000 198,000,000 327,600,000
Total 1,106,000,000 1,248,000,000 2,354,000,000

The production numbers for the final design show a sharp drop from previous levels and create a new mintage low. The 2009-P "Presidency" Lincoln Cent had just 129,600,000 coins produced. This number is scant in comparison to the mintages for Lincoln Cents over the past several decades.

Except for this year, every date and mint mark combination for the Lincoln Cent series since 1975 has had a mintage in the billions. The lowest mintage cent with the Memorial reverse was the 1968-S at 258,270,000. To find a mintage lower than the 2009-P "Presidency" Lincoln Cent, you have to go back to the 1955-S Lincoln Cent which had a mintage of 44,610,000.

The mintage of the 2009-P Presidency Cent is sufficiently low to generate some excitement about the coin and probably drive up prices. Also, the coin's status as the recent mintage low is likely to be retained for the foreseeable future. During 2009, the already low production of cents had to be divided amongst four different designs. This is something that will not be repeated in 2010 and beyond when a static design will be used.

The United States Mint continues to sell two roll sets for the 2009 Lincoln Cent "Presidency" design on their website. These are priced at $8.95 for the set with an ordering limit of five per household still in place with no ordering limits. As of the most recent sales report, the Mint has sold 215,709 of the sets.

Rolls of the 2009 Lincoln Cent Presidency design can also be found on eBay. Recently, sealed 50 roll boxes of the Philadelphia Mint coins have sold for around $150 each with boxes of the Denver coins selling for about $75. Here are the current eBay auctions for 50 roll boxes of the Presidency design.
Coin Update News:
Latest US Mint Sales Report

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