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Lincoln Chronicles Set

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Coin_Guy's Avatar
United States
143 Posts
 Posted 08/03/2009  4:09 pm Show Profile   Bookmark this topic Add Coin_Guy to your friends list Get a Link to this Message Number of Subscribers
I am sick of the "Lincoln Frenzy" but I really am interested in purchasing this set because of the unique packaging it will have. When they go on sale what do you think the odds will be of acquiring one? Will there be an order limit ( I believe there will)? And when will they be released and at what price?
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kena's Avatar
United Kingdom
1682 Posts
 Posted 08/03/2009  4:54 pm  Show Profile   Bookmark this reply Add kena to your friends list Get a Link to this Reply
I am not going even going to try to order one when (or if they go on sale). There will only be 50,000 sets from what I read. I suspect if they do on sale, the mint web site will be very very slow and the sets will sell out very quickly.

I was lucky enough to obtain the proof Lincoln dollar coin from the mint. I just hope that mint sticks to issue limits of the Lincoln dollar coins.

What I am going to take a gamble on is waiting until the Lincoln Proof cent set goes on sale and then decide to buy that or the standard clad Proof set (just hoping that the standard clad Proof set will be available.

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Conder101's Avatar
United States
17884 Posts
 Posted 08/06/2009  4:26 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
When they go on sale what do you think the odds will be of acquiring one?

Moderate to not good. This will be a VERY popula set and people have been working themselves into a frenzy over it. When it goes on sale I expect the mintsite to suffer either a meltdown or at least be as slow as molassas in an artic winter (pre-global warming) There will great gnashing of teeth as orders time out time and time again and I doubt if the sets will last more than four or five hours. Getting through on the phones will be impossible.


Quote:
Will there be an order limit ( I believe there will)?

Almost cetainly. If there isn't expect the sets to disappear in less than two hours as the major dealers soak up the sets several thousand at a time.


Quote:
And when will they be released and at what price?

No one knows, the mint has not made any announcements except to keep moving the release "season" further and further back.


Quote:
I just hope that mint sticks to issue limits of the Lincoln dollar coins.

They will, they have no choice. The law says they may make no more than 250,000 Lincoln dolars and they have already made and sold 200,000 of them. They can't just choose to make more than the law allows simply because they want to. Now whoever if going to be receiving the surcharges from the dollars COULD go back to Congress and try to get the authorization increased (That has only happened on one commemorative series so far. And on one a million dollars of the surcharges for one series was diverted to benefit the receipants of a different commemerative series. ) but you can't blame that on the Mint.
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