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Lincoln Dollar Nears Sellout
March 19, 2009



Sales of the Lincoln commemorative silver dollar by the U.S. Mint are rolling along. More and more it looks like a sellout in the making, perhaps as early as next week.

Anybody who wants the coin should get cracking.

There are 450,000 coins available to be sold individually and another 50,000 will be offered later this year in a special set.

As of the most recent Mint statistics in my possession the Mint needs to sell just 26,549 more coins to take care of the 450,000-coin group.

So far, proofs are the more popular with collectors. Some 296,488 have been sold. For the uncirculated version, the sales total so far is 126,963.

If the commemorative does indeed sell out, is this a signal of a renaissance in demand for the modern commemorative series as a whole, or is it simply a broken clock being right twice a day where after many years the Congress was bound to pick a theme that resonates with collectors?

We will know more starting March 26 when the Braille silver dollars go on sale.

Interestingly, the Mint offers a Braille dollar option with a special capsule that can be easily opened to allow buyers to touch the readable Braille on the reverse.

This is an interesting idea, but those buyers who do indeed open the holder will find that they are reducing the collectible value of the coin if they touch it.

Perhaps this is a series where a cheap bronze duplicate medal would have made sense for those buyers who might have the urge to finger their coins.

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Recent Comments
On March 19, 2009 Brad said
I think the "easy open" capsule is a bad idea.  Often during shipping, encapsulated coins are sliding around loose inside the box when they arrive.  I can see the easy to open capsule coming open in transit and then getting broken by the loose coin inside.  What the collector will receive would amount to a scratched up silver coin surrounded by shards of plastic!

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About the Author
David C. Harper has been a coin collector since 1963. He joined the Krause Publications editorial staff in 1978 and is currently editor of Numismatic News and World Coin News. He also edits two books annually, North American Coins & Prices and Coin Digest. He is the author of the Class of '63 column that runs each week in Numismatic News. His first bylined numismatic article appeared in the June 1971 issue of Coins Magazine and his various Krause Publications assignments included a stint as editor of the magazine 1980-1983. Harper received a bachelor of science degree from the University of Wisconsin-Oshkosh in 1977. He had a double major of journalism and economics.

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