Lincoln Commemorative Silver Coins

Lincoln Commemorative Proof Silver Coin - Click to Enlarge

Lincoln Commemorative Proof Silver Coin - Click to Enlarge

2009 Lincoln Commemorative Silver Coins sold like hot cakes as soon as they were launched by the United Sates Mint.

The special proof and uncirculated silver dollars were minted, along with the 2009 Lincoln Cents, as a part of the celebration to commemorate the 200th anniversary of Abraham Lincoln's birth.

From humble beginnings, Abraham grew up amid harsh surroundings in the midwest of the United States. Self taught, he became a well respected lawyer in Illinois before turning to politics. He was elected President of the United States in 1861 and would serve his country during one of its most difficult times, the Civil War. With the end of the war just a few days before, Lincoln was assassinated on April 14, 1865.

Lincoln Commemorative Uncirculated Silver Coin - Click to Enlarge

Lincoln Commemorative Uncirculated Silver Coin - Click to Enlarge

The obverse or heads side of the silver coins depict Lincoln. It was inspired by Daniel Chester French's famous sculpture of the former President inside the Lincoln Memorial in Washington, D.C. It was designed by Justin Kunz and engraved by Don Everhart.

The reverse design by Phebe Hemphill features a laurel wreath encircling the final 43 words of the Gettysburg Address:

WE HERE HIGHLY RESOLVE THAT THESE DEAD SHALL NOT HAVE DIED IN VAIN - THAT THIS NATION, UNDER GOD, SHALL HAVE A NEW BIRTH OF FREEDOM - AND THAT GOVERNMENT OF THE PEOPLE, BY THE PEOPLE, FOR THE PEOPLE, SHALL NOT PERISH FROM THE EARTH.

Below is Lincoln's signature.

As it often does with commemoratives, the US Mint first sold the coins at reduced or introductory prices. On March 16, 2009, at 5:00 pm ET they were raised to the "regular" price. The table shows both:

US Mint Issued Lincoln Commemorative Prices

 Product Code

Description 

 Introductory Price

 Regular Price

 LN7

 Proof Silver Dollar

 $37.95

 $41.95

 LN8

 Uncirculated Silver Dollar

 $31.95

 $33.95

 

The two coins actually launched on Lincoln's birthday, Feb. 12, and demand for them was immediately apparent. The uncirculated option sold out on March 24, with collectors purchasing 125,000. The proof version sold out March 27, with 325,000 sold. Premiums to purchase them on the secondary market soared.

Demand dictated the sellout time since only 500,000 were authorized by the Abraham Lincoln Commemorative Coin Act (Public Law 109-285). 50,000 of the proofs needed to be held in reserve for a unique Lincoln Coin and Chronicles Set the United States Mint scheduled for release in October. The set includes a proof Lincoln commemorative and 95% copper proof cents.

2009 Lincoln Silver Coin Specifications

Mint: United States Mint in Philadelphia
Finish/Condition: Uncirculated; Proof
Metal Content: 90% silver, 10% copper
Weight: 26.730 grams nominal
Diameter:1.500 inches (+-0.003) or 38.10 mm (+-0.08)
Edge: Reeded
Issue Date: 12 February 2009
Mintages: 375,000 proof; 125,000 uncirculated
Obverse Designer/Sculptor: Justin Kunz; Don Everhart
Reverse Designer/Sculptor: Phebe Hemphill

Lincoln Coin Resources