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April 2009

2009 LINCOLN CENTS TOUGH TO FIND

Collectors interested in the four circulating commemorative 2009 Lincoln cents are finding the one released to date difficult to obtain. The coins are being issued for the 200th anniversary of the birth of the nation's 16th President, Abraham Lincoln. The first of the four coins, which was officially released February 12, features a log cabin on the reverse, symbolic of Lincoln's birth and early childhood years in Kentucky. Few collectors have been able to find the coin in circulation or at their local banks. In coin shops and online venues where they are available, prices are often $10 or more per roll and 50 cents to a dollar for singles. A two roll set offered by the U.S. Mint at $8.95 sold out in about two weeks time.

A release ceremony for the second coin has been scheduled for May 14. The reverse will feature a design commemorating Lincoln's formative years while a resident of Indiana (1816-1830). The remaining two coins to be issued later this year will have designs representing his adult life in Illinois and as President of the United States.

Meanwhile an uncirculated commemorative silver dollar also being issued in honor of Lincoln's 200th birthday is already sold out at the U.S. Mint. A proof version of the same silver dollar is nearly sold out as well, although the Mint is reserving 50,000 from the maximum mintage authorized by law for a special set scheduled for release during the summer. The limited edition set will include the 2009-P proof silver dollar and all four of the 2009-S proof one cent coins.

Telesphere Numismatics does not have 2009 Lincoln cents for sale at this time but has received so many requests from our customers that we're looking to purchase them. We're already sold out of the uncirculated 2009 Lincoln silver dollar and are nearly sold out of the proof dollar.

2010 RED BOOKS IMMINENT

For more than 60 years collectors have relied on the annually updated A Guide Book of United States Coins, originally written by R.S. Yeoman and edited in recent years by former American Numismatic Association President Ken Bressett. The authoritative information and typical retail prices for all federally issued coins and many other pieces that have circulated in the United States make the Red Book, as it's popularly known, the most essential reference for collectors of U.S. coins.

The 63rd edition for 2010 is fresh off the presses and will be on our shelves soon. We're now accepting pre-orders, with a 20% discount available to customers who order off our web site.

CURRENT SPECIAL

Although it's long been one of our best selling numismatic books, new copies of the authoritative reference on silver dollar varieties, Comprehensive Catalog and Encyclopedia of Morgan and Peace Silver Dollars, better known as the "VAM book," have been difficult to locate recently. Some sellers price it at full retail and sometimes more.  We recently purchased a quantity at a nice discount and are passing along the savings to you. Through April 21, you'll find this great reference for silver dollar collectors at 30% off the suggested retail price on our Current Special page.

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