The product will follow the same format as the previous releases of the American Presidency $1 Coin Cover series. Two 2010 Abraham Lincoln Presidential Dollars from the first day of mintage at the Philadelphia and Denver Mints will be mounted on an illustrated display card. The 44-cent Flag postage stamp is canceled with the postmark "November 18, 2010, Springfield, IL" representing the official circulation release date.
The sets are priced at $15.95 each and carry a maximum production limit of 37,000. This is 5,000 units greater than the limit set for the other 2010 releases, in anticipation of higher demand for the Lincoln set.
Back when the American Presidency $1 Coin Cover series began in 2007, the production limits were set at 50,000 units and sell outs were achieved for at least the first three releases. Since that time, sales have softened, and the US Mint has dropped the product limits.
So far, the 2010 releases have sold 21,653 (Millard Fillmore), 19,808 (Franklin Pierce), and 17,908 (James Buchanan). It's almost certain that the Abraham Lincoln cover will see higher sales, but a sell out might be difficult to achieve.
Last Opportunity Products
On December 30, 2010 at 3:00 PM ET, the US Mint will conclude sales for three prior year products.
Sales will end for the 2009 District of Columbia & U.S. Territories Quarters Proof Set, which originally went on sale nearly two years ago. To date, sales have reached 635,423. The sets are available at the original price of $14.95 for the six coin set.
The presidential $1 Coin & First Spouse Medal Sets for James K. Polk and Zachary Taylor will also conclude. Each of these sets is priced at $8.95. Last reported sales for the sets are 9,889 (Polk) and 8,746 (Taylor), however the US Mint has not provided updated numbers for these products in several weeks.
Coin Update News: Latest US Mint Sales Report
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