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Another Cent Rock Festival?
August 13, 2009

Will the Old State Capitol in Springfield, Ill., turn into a numismatic rock festival this morning as the one in Lincoln, Ind., did in May?

The third Lincoln cent design is scheduled to arrive officially at 10 a.m. midwifed by Mint Director Ed Moy and local dignitaries U.S. Sen. Dick Durbin and Mayor Tim Davlin.

Thousands queued up to get the second design in Indiana and completely ignored the formal ceremony. Many went through the line two and three times to get more cents.

I had an e-mail from a former enthusiast, who attended the Lincoln City ceremony early. This time he didn't have a good thing to say. He wasn't going to the third event at all.

Perhaps his illusion of vast fortune beckoning was shattered in Indiana. I can't know for sure, but nothing seems angrier than a hobbyist who decides he has been deprived of speculative profit when it seems like others are getting it.

Taking the pressure off the cent release in Illinois are two other sales locations set up in Washington, D.C., one hour earlier (because of the time difference).

Collectors will be able to buy rolls of Lincoln cents for face value at Union Station and at the Mint's headquarters building from 10 a.m. until 4 p.m. today. Next month the cents will be available on Capitol Hill at the Rayburn House Offfice Building.

Collectors who do not want to drive, can order two-roll sets online, but they will of course have to pay $8.95 each plus a handling charge of $4.95.

So is the bloom off the numismatic rose? we will soon see.

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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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