Thursday, November 18, 2010

The US Mint will begin sales of the Abraham Lincoln Presidential Dollar numismatic rolls today November 18, 2010 at 12:00 Noon ET. Featuring one of the most well known Presidents, the current release should attract more attention than this year's earlier releases.
The obverse of the Abraham Lincoln Dollar features his portrait as designed and sculpted by Don Everhart. Surrounding inscriptions indicate "Abraham Lincoln", "In God We Trust", "16th President", and "1861-1865". The reverse of the coin, also designed and sculpted by Everhart, features an image of the Statue of Liberty common to all issues of the series. Inscriptions include "United States of America" and the denomination "$1". The edge of the coin includes the motto "E Pluribus Unum", the date, and the mint mark.

The US Mint is offering 25-coin rolls of the Abraham Lincoln Presidential Dollar from either the Philadelphia or Denver mint. Coins are packaged in specially designed wrappers featuring the US Mint logo, President's name, mint of origin, and face value of the contents. Each roll is priced at $35.95 plus shipping and handling.

Numismatic products featuring Lincoln have typically been strong sellers for the US Mint. Last year, the 2009 Abraham Lincoln Commemorative Silver Dollars and Lincoln Coin and Chronicles Set were quick sell outs. The 2009 "Birthplace" Lincoln Cent Two Rolls Set was an unexpected quick sell out, despite the high premium to face value.

This year's Lincoln products include the following:

2010 "Preservation of the Union" Lincoln Cent Two Roll Set
2010 Abraham Lincoln Presidential Dollar Rolls
2010 Mary Todd Lincoln First Spouse Gold Coins
2010 Mary Todd Lincoln First Spouse Bronze Medal
2010 Lincoln Presidential $1 Coin & First Spouse Medal Set
2010 Abraham Lincoln Presidential $1 Coin Cover

Of these products, only two will contain stated product limits, while the remaining products are unspecified or open ended. The Mary Todd Lincoln First Spouse Gold Coins have a limit of 20,000 across both options. The 2010 Abraham Lincoln Presidential $1 Coin Cover would also have a limit, although it has not been specified yet. Other releases of the series for this year have been limited to 32,000 units.

Tomorrow, November 19, 2010 at 10:00 AM ET, the official launch ceremony for the Abraham Lincoln Presidential Dollar will be held. This will coincide with the 147th anniversary of the delivery of the Gettysburg Address. The ceremony will take place at President Lincoln's cottage on the grounds of the Armed Forces Retirement Home in Washington, D.C.

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