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January 2009

MULTITUDE OF NEW U.S. COINS ON TAP FOR 2009

We hope your new year is off to a great start. 2009 will be a year with change coming to our change. Under legislation previously passed (and not connected to the 2008 elections), the United States Mint will issue new designs for four one cent, six quarter and five dollar coins over the course of the year.

The four circulating penny designs are being issued for the 200th anniversary of the birth of the nation's 16th President, Abraham Lincoln. The Lincoln cent itself was first issued 100 years ago at the centennial of his birth. The new designs commemorate four important periods in Lincoln's life. According to the Federal Reserve, the approximate release dates of the four coins will be
New circulating commemorative quarter designs will be issued for the District of Columbia and five U.S. territories: the Commonwealth of Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands and the Commonwealth of the Northern Mariana Islands. While these quarters will be released into circulation in approximately two month intervals, beginning with the D.C. quarter in late January, sets containing proof versions of all six quarters are already being sold by the U.S. Mint.

Beginning in 2009 the reverse of the Sacagawea dollar, which the Mint now calls the "Native American $1 Coin", will bear a new design annually. The reverse of the 2009 coin commemorates Native American contributions to agriculture and features a Native American woman planting corn, beans and squash. In addition, new Presidential dollar coins will be issued for the nation's 9th through 12th chief executives: William Henry Harrison, John Tyler, James K. Polk and Zachary Taylor, respectively. Under legislation enacted during 2008, the motto "IN GOD WE TRUST" will appear on the obverse of these coins below the Presidential portrait. The motto appears on the edge of each of the first eight Presidential dollars, in accordance with the law that initiated the series.

NON-CIRCULATING COINS FOR 2009

Gold, silver and platinum American Eagle bullion coins are typically the first U.S. coins to be released each year. Telesphere Numismatics has uncirculated 2009 silver eagles in stock (we do not sell gold or platinum eagles).

image courtesy of U.S. Mintimage courtesy of U.S. MintAn intriguing new offering from the Mint is the 2009 Ultra High Relief Double Eagle Gold Coin. This 24 karat gold coin is based on the ultra-high relief Saint-Gaudens double eagle struck in 1907. As the original coin proved to be impractical for mass production, only a few were struck before the relief was significantly reduced. A century later, technological advances have enabled the Mint to realize Augustus Saint-Gaudens extraordinary creation. Sales of the 2009 double eagle are scheduled to begin January 22. With just a few days to go, the price of the coin has not yet been announced, and it's not clear when shipments will actually begin.


image courtesy of U.S. Mintimage courtesy of U.S. MintTwo non-circulating commemorative silver dollars are scheduled for release during 2009. The first is authorized by Public Law 109-285, the "Abraham Lincoln Commemorative Coin Act," which also calls for the circulating one cent coins discussed above. Sales are scheduled to begin February 22 and are limited by law to not more than 500,000 coins.

The second silver dollar commemorates the 200th anniversary of the birth of Louis Braille. Braille system of raised dots is used to this day by the blind to read and write. Sales of the Braille dollar are scheduled to begin March 26.

PRESIDENT BUSH SIGNS NEW QUARTER BILL

Last month we reported that Congress passed new legislation calling for another 10 year run of circulating quarters commemorating a National Park or other national site in each State, territory and the District of Columbia. America's Beautiful National Parks Quarter Dollar Coin Act of 2008 was signed into law by President Bush December 23, 2008. The new quarters will be issued at the rate of five coins per year, beginning in 2010.

Hawaii quarterCURRENT SPECIAL

Our final free state quarter promotion is underway now through January 31. One each 2008-P and 2008-D Hawaii quarters in uncirculated condition will be added at no cost to orders of $45 or more placed with our secure online shopping cart. More info about this offer is available on our Current Special page.

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