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Lincoln Penny, 2009 UHR $20, Coin of the Year
By KJ on January 14, 2010
Welcome to Something About Coins! Pennies were the dominating topic on the web today, along with new U.S. Mint figures and the Coin of the Year Award.
Latvia won Coin of the Year (COTY) and Hungary won People's Choice, NumisMaster.com reported. Both will be recognized at the World Money Fair in Berlin. The article said it's the 3rd time Hungary won People's Choice. In the first round of COTY, Latvia's 20 lati won Best Gold coin. Other winners and descriptions were included in the article.
The U.S. Mint revealed 115,178 of the 2009 UHR $20 Double Eagle gold coins sold by Dec. 31. Collectors had been waiting for the final numbers for over a week. The last reported numbers came in at 112,065 but did not include the final four days of sales. CoinNews.net said, "The 3,113 or 2.8 percent increase through to Dec. 31 represents one of the best weeks for the gold coins despite being at their highest price of the year ($1,489.00)."
The latest penny mintage totals are in, and the Lincoln Presidency Cent is most scarce. It was the last of the four re-designed 2009 pennies. Dave Harper interpreted the cent totals to mean few 2009 pennies will make it in circulation because hobbyists and others will hang on to them. He mentioned buying the 2009 Mint Set - the safest bet if you're hoping to personally see all four designs minted from Philadelphia and Denver.
It's been announced that the formal release and official ceremony of the 2010 Lincoln Penny will occur on Feb. 11 at the Abraham Lincoln Presidential Museum in Springfield, IL, according to one online newspaper. Few details were available. The time and who will speak has yet to be determined. A description of the image selection process and disagreements about the new reverse design were given in the article. Quotes from the U.S. Commission of Fine Arts (CFA) and the Citizens Coinage Advisory Committee (CCAC) were cited. Apparently, we almost had another wheat penny.
The finest known 1936 Canadian Dot Cent fetched $402,500 at Heritage's NYINC World Coin Auction in early January. CoinLink.com posted the press release. Heritage managed over $11 million in all during the two day auction. The King of Canadian Coins, a 1921 George V 50 Cents, sold for $218,500, and the rare 1890H Victoria 50 Cents realized $149,500 after the buyer's premium.
Another penny article addressed Cheerios pennies. Susan Headley reported there were 10 million Cheerios pennies, and they're worth a couple of dollars on eBay if they're still on the original Cheerios' card.
Doug Winter explained why the 1883-O Eagle's price increased in his latest blog. At the FUN Auction, one that was graded EF-45 by PCGS sold for $25,875, he said. Four reasons for the high price were posted, including the coin's rarity and Winter's book, "Gold Coins of the New Orleans Mint: 1839-1909."
Below are some Cheerios pennies on eBay. Thanks for reading and have a great day!
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