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'Presidency' Lincoln Cent Event

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les.p...@gmail.com

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Nov 10, 2009, 3:11:56 PM11/10/09
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Okay, who's going to the final Lincoln cent presentation on Thursday
at the Capitol?
I'll be there, taking notes and pictures, talking with people, and
generally having a
fine coin-immersed day in Washington.

Les
me: http://life-of-coins.blogspot.com/
stringer for: http://news.coinupdate.com/

oly

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Nov 10, 2009, 3:53:23 PM11/10/09
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On Nov 10, 2:11 pm, "les.peters+c...@gmail.com" <les.pet...@gmail.com>
wrote:

Not possible to attend this one, but the event in Springfield was
excellent. I netted out 18 rolls in Springpatch and met some very
interesting coin people while waiting in line. Hope you have a good
time. Me, I would send a report into Numismatic News (which I did for
the Springfield event).

They say that you will also be able to get rolls at the Mint's Union
Station sales desk and at the Mint's office building (in addition to
the official site on the Mall front of the Capitol) (apparently near
the U.S. Grant equestrian monument). I wonder if the alternate sites
might be faster?

oly

mazorj

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Nov 10, 2009, 4:20:05 PM11/10/09
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"oly" <oly...@aol.com> wrote in message
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oly
=====================

What were they selling for - face, or at a premium price? Were they Mint
wrappers or the commercial ones?


oly

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Nov 10, 2009, 6:36:45 PM11/10/09
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On Nov 10, 3:20 pm, "mazorj" <maz...@verizon.net> wrote:
> "oly" <oly2...@aol.com> wrote in message

In Springfield, we got the Philadelphia issue cents with the Old State
Capitol (Professional Life) in commercial wrappers/rolls at face
value. Not the U.S. Mint decorative paper rolls. A local branch of
J.P. Morgan Chase handled the distribution at the ceremony.

You could get six rolls (three dollars worth) each trip through line.
I went through four times and sold six of my rolls to the scalpers (at
an excellent price), netting 18 rolls. Mea culpa, mea culpa. If I
had been super serious about it, I know I could have gotten quite a
few more. People who had babes-in-arms and small children with them
could buy six rolls for the kid as well.

Of course, I was in line(s) from 6 AM until slightly after noon. By
arriving at that early hour, I was (barely) among the first 100 people
at that ceremony to get coins.

oly

les.p...@gmail.com

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Nov 11, 2009, 11:04:39 AM11/11/09
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I will be at the formal ceremony at 10am, taking notes and pictures,
get some rolls there,
then high-tailing it to the offices in NW which I where I went for the
last roll exchange, to get more.
Hopefully the lines will be lighter there, especially with a
forecasted 50% chance of rain.

After that's all said and done, I plan on heading to the Smithsonian
American History
museum and getting some pictures and taking more notes on the coin
exhibit therein
(better pics than the crummy camphone images I got on my last trip
there).

mazorj

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Nov 11, 2009, 12:03:01 PM11/11/09
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"oly" <oly...@aol.com> wrote in message
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oly
==========================

Thanks for the info, oly.

The Coin World that just hit my mailbox provides details on the event. At
press time, though, the Mint hadn't announced whether purchases would be
available at the two off-ceremony sites (Union Station and the Mint
offices), what the buy limits would be, or even which bank would handle the
distribution. Presumably they'll be Philadelphia circulation strikes.


mazorj

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Nov 11, 2009, 12:09:31 PM11/11/09
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"les.pet...@gmail.com" <les.p...@gmail.com> wrote in message
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...


< I will be at the formal ceremony at 10am, taking notes and pictures,
get some rolls there,
then high-tailing it to the offices in NW which I where I went for the
last roll exchange, to get more.
Hopefully the lines will be lighter there, especially with a
forecasted 50% chance of rain.

You might want to confirm that they will be selling rolls at the
off-ceremony sites. It would be inconsistent and kind of dumb for them not
to, but the latest CW article on it said that the Mint hadn't announced
anything about those sales yet.

oly

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Nov 11, 2009, 2:00:22 PM11/11/09
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On Nov 11, 11:09 am, "mazorj" <maz...@verizon.net> wrote:
> "les.peters+c...@gmail.com" <les.pet...@gmail.com> wrote in message

The November 10th dated issue of Numismatic News prominently stated
that the coins would be available for face at the two alternate sites
from 10 AM to 4 PM tommorrow (November 12).

oly

Bruce Remick

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Nov 11, 2009, 8:12:10 PM11/11/09
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"oly" <oly...@aol.com> wrote in message
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oly
_________________

Only about 15 miles away from me in (ugh!) Wash DC. Forecast- cold, rainy,
windy. Maybe if they came and picked me up...............or if I were 30
years younger and more ambitious. I'm satisfied to have received one
Lincoln & Chronicles set and sold it on eBay for 200% profit which I'm
planning to put toward a REAL collectible coin. Don't know what yet.

oly

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Nov 11, 2009, 10:22:14 PM11/11/09
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On Nov 11, 7:12 pm, "Bruce Remick" <rem...@cox.net> wrote:
> "oly" <oly2...@aol.com> wrote in message
> planning to put toward a REAL collectible coin.  Don't know what yet.- Hide quoted text -
>
> - Show quoted text -

Union Station ought to hold, under extremely good cover, all the coin
collectors that you can shake a stick at. OTOH, the Mint sales area
is tiny.

oly

Bruce Remick

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Nov 11, 2009, 10:46:46 PM11/11/09
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"oly" <oly...@aol.com> wrote in message
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_____________

Lessee. $6 in gas, $5-8 dollars parking, wait in line............ all for
maybe six penny rolls to sell on eBay at $3 each. That's about a break even
deal for me investment-wise. Collector-wise, it would be less stressful to
pay a local dealer or collector the $3-$5 for a roll, unless one happens to
live or work near Union Station or the Mint sales area. But then I guess
there's the fun of being at the event itself.


oly

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Nov 12, 2009, 7:57:58 AM11/12/09
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> there's the fun of being at the event itself.- Hide quoted text -

>
> - Show quoted text -

Actually, by the time I'm writing this, anybody who wants to go ought
to be on the way there - but I would point out Bruce, that maybe you
could score more than just six rolls - by making more than one trip
through line (that was allowed at all three previous events, I
believe), by taking friends or family with you, or by visiting more
than one of the sites.

You also might cut transportation costs by taking the Metro.

oly

Bruce Remick

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Nov 12, 2009, 9:09:37 AM11/12/09
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"oly" <oly...@aol.com> wrote in message
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_____________

For me, it's a five mile drive to the Springfield Metro station, $5 to park
in their lot, another $7 or so for the round trip fare. As long as I have
to drive five miles, I might as well drive the additional ten miles into DC.
No real transportation cost savings there. I read where some folks do hit
the line several times. Once would be too much for me (envisioning those
flu shot lines). Bringing along a set of triplets in a stroller would be
the better idea. It will be interesting to see if and how the local TV or
Wash Post covers the event. I haven't seen any mention so far.

oly

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Nov 12, 2009, 9:33:11 AM11/12/09
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> Wash Post covers the event.  I haven't seen any mention so far.- Hide quoted text -

>
> - Show quoted text -

Our local news outlets and the city fathers didn't realize that they
had an event on their hands until about four days before the August
13th distribution. But then they took notice and responded pretty
well.

But there's never been this kind of coin distribution in such a major
urban area before. Could there be surprises???

Triplets in a stroller would be an excellent idea.

oly

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