The Lincoln Commemorative Silver Dollar is a special commemorative coin which is being issued by the U.S. Mint in 2009. The purpose of the coin is to celebrate the 200th anniversary of Abraham Lincoln's birth, and to raise money for the Abraham Lincoln Bicentennial Commission (ALBC). Mintage will be limited to 500,000 specimens.
The Lincoln Commemorative Dollar coin, which is being struck in 90% silver, features a portrait of Lincoln designed by U.S. Mint Artistic Infusion Program Master Designer Justin Kunz. The coin was sculpted by U.S. Mint Sculptor-Engraver Don Everhart. The obverse design is based on the famous statue of Lincoln that sits enthroned in the Lincoln Memorial (which is depicted on the reverse of the Lincoln Memorial penny.)
The Lincoln Silver Dollar reverse was designed and sculpted by U.S. Mint Sculptor-Engraver Phebe Hemphill. It features a laurel wreath motif, with the final 43 words of Lincoln's Gettysburg Address spelled out in capital letters. Lincoln's signature appears on the banner below. The coin reads:
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.
Lincoln Commemorative Dollar Production Facts
The Lincoln Silver Dollar Commemorative coin has an introductory period sale price of $31.95 for the Uncirculated version, and $37.95 for the Proof. According to the legislation that requires the minting of this coin, (PL 109-285, link is a PDF file), the sale price of the Lincoln Commemorative Silver Dollar will include a $10 surcharge to benefit the ALBC. The price will also include the actual expense of producing the coin and marketing it, plus the coin's $1 face value.
Will the Lincoln Silver Dollar Be a Winner?
With a mintage limit of only 500,000 coins across both minting options (Proof and Uncirculated finishes), this coin could easily become a big winner (from the investment standpoint) if the Lincoln Commemorative Silver Dollar captures the public's imagination. Demand could quickly outstrip the supply, especially in a year when the Lincoln Cent is getting it's first design face-lift in 50 years. Add to this the popular sentiment towards Barack Obama and the associations between what Obama has accomplished and what Lincoln stood for, and there could easily be a public frenzy to acquire this Lincoln Silver Dollar issue.
Unfortunately, I am not as psychic as I wish I was, and therefore I cannot predict the future. I might be completely wrong about the potential popularity of these coins, and surely much will depend on whether the coin dealers market them heavily. Please do not construe my analysis as a recommendation to invest in these Lincoln Silver Dollars. Although I, personally, plan to buy 3 to 5 of them for my own collection, your decision should depend on your personal taste in coins and what your budget will bear. Usually when these commemorative issues sell out, there are too many of them on the secondary market for the coins to ever appreciate much in value, so it would be going against the norm if the Lincoln Silver Dollar Commemoratives did do well.