The US Mint officially launched the second redesigned 2009 Lincoln penny in a Charles Vickers design that is now often called the Lincoln Rail Splitter, or the Formative Years cent.
The release ceremony took place in front of an excited crowd in the Lincoln State Park at the Lincoln Amphitheatre in Lincoln City.
"This second design reflects the formative years of Abraham Lincoln’s life in Indiana, when he developed the qualities that served as the foundation for his extraordinary life," United States Mint Director Ed Moy said.
Children were the lucky ones at the ceremony. Each received a free, new penny. Everyone else in attendance were able to exchange their currency for a minimum of two rolls and up to six rolls of coins bearing the new design.
Collectors and the public can now purchase those rolls as well. At noon ET, two-roll sets of the coins became available at the US Mint online store for $8.95.
Before thinking the price is outrageous, consider that all the prior Lincoln coins sold out, to include the first set of rolls featuring the Log cabin design. 96,000 of the those were sold within two weeks. Now the price to purchase them is even higher in the secondary market.
To order the penny rolls, visit the Mint’s online store at:
They are also available by calling the Mint’s toll-free number 1-800-USA-MINT (872-321-MINT (6468).
Expectations are for the two-roll sets to sell out more quickly than the first set, and for the online store to experience extremely heavy traffic during the opening hours.