Log Cabin 'P' Lowest Mintage Cent
By David C. Harper
production now finished for the first two of
four 2009 Abraham Lincoln cent designs, scarcity
patterns are starting to be discernible.
Lowest mintage so far is the 284,400,000 total
for the Philadelphia Birthplace design depicting
a log cabin representing the 16th President's
Second lowest is the 350,400,000 Birthplace
cents struck by the Denver Mint.
The combined total from the two circulating coin
production facilities is 634,800,000 of the
Third on the scarcity scale is the Denver
Formative Years design, which shows Lincoln
seated on a log reading after a session of
splitting rails while he lived in Indiana. The
"D" mint output was 363,600,000.
Philadelphia cranked out 376,000,000 of the
Formative Years issue.
The two mints combined for a 739,600,000 cent
total for the Formative Years design, up almost
17 percent from the first design.
While it is premature to crown the first P-mint
cent of the year the low-mintage champ, there is
a good chance it will work out that way in the
Indications are that the economy is recovering
at least somewhat from the deepest slump since
the Depression. Combine the likely increased
coin demand that will go with this trend and the
Mint's efforts to satisfy public demand for the
new cent and the odds seem to favor continuing
modest mintage increases for the third and
fourth designs of 2009.
The third design, depicting Lincoln as a lawyer
at the Illinois state Capitol in Springfield,
will debut there in the middle of August.
Collectors and others who attend will be able to
buy the new cents for face value. Collectors
also will be offered the two-roll sets of the
new coins directly by the Mint for $8.95 each.
The Mint is already signing up collectors for
these coins through its subscription service.
The Illinois ceremony could easily attract a
large a crowd as did the Lincoln City, Ind.,
ceremony in May.
Before this year started, who would have thought
buying cents for face value could be such a