Posted on 11/08/2010 10:43:38 AM PST by RayBob
2010 Abraham Lincoln Presidential Dollar Launch Ceremony Planned By Coin Update Staff on October 26th, 2010 Categories: US Coins, United States Mint
Details of the launch ceremony for the Abraham Lincoln Presidential Dollar have been announced by the United States Mint. Launch ceremonies have typically been held on or around the circulation release date for each Presidential Dollar coin, held at a location related to the former President.
The Abraham Lincoln Presidential $1 Coin will mark the 16th release of the overall series and the final release for this year. The obverse of the coin features a portrait of Lincoln designed by Don Everhart with inscriptions “Abraham Lincoln”, “16th President”, “1861-1865″ and “In God We Trust”. The reverse of the coin will feature a rendition of the Statue of Liberty also designed by Don Everhart, which has been used for each release of the broader series.
The launch ceremony has been planned for November 18, 2010 at 10:00 AM ET. The location will be President Lincoln’s Cottage on the grounds of the Armed Forces Retirement Home in Washington, D.C. Lincoln lived at this location for one quarter of his presidency and last visited the cottage the day before his assassination.
Previous launch ceremonies for coins featuring Abraham Lincoln have been well attended. Four separate ceremonies were held to mark the release of each of the four designs issued for the 2009 Lincoln Bicentennial Cents. Most recently, a ceremony was held in Springfield, Illinois to officially present the new reverse design for the Lincoln Cent featuring the Union Shield.
The upcoming ceremony will be held the same day that the Abraham Lincoln Presidential Dollars will be officially released into circulation. Banks and other depository institutions are allowed to order unmixed quantities of newly released Presidential Dollars, so it will be possible for the public to obtain the new Lincoln Dollars from banks. The United States Mint will also offer 25-coin rolls of circulating quality coins for $35.95 plus shipping and handling.
bump
As I understand it, the Mint makes money on these commemorative issues.
But I don’t have a clue how they calculate that.
The Loser Series come out in 2015.
Probably in 2016. Right now they're scheduled to end with Ford but I'll bet they continue on.
I don't think these are really going to go into wide circulation. Like the two dollar bill or the Eisenhower or Sacajawea Dollars collectors will probably snag most of them right away.
We on for our usual exchange?
I'm sure it's on the confederate government's list of things to do. Oh, wait, There is no confederate government.
They might as well bring back the $500 and $1000 bills. That’s not all that much money nowadays, but any suggestion of reviving them results in “the only people that would use those bills are drug dealers” excuse, which I think is BS.
Seems like Abe Would fit I with this group perfectly.
Well when the U.S. Mint comes out with the Fascist Leaders in History collection then I'm sure ol' Jeffy Davis will be front and center.
This is just an psyop to induce inflation.
The euro and the canada have a 1# coin. no 1# bill.
This will fail like the rest.
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