The satin and proof strikes were minted with the original 1909 composition for the penny - which is 95% copper, 5% tin and zinc.The business strikes are produced using the modern-day composition of copper-plated zinc - the same metallic profile used for making Lincoln pennies since 1982.Interestingly, there’s also a difference in the type of metal used to make each of these coins: The proofs were distributed only in proof sets, while the satin strikes appear in 2009 uncirculated mint sets.The proofs and satin strikes were made specifically for collectors.The business strikes are the ones you’ll find floating around in pocket change.The 2009 Lincoln pennies were made in a number of finishes - including business strikes, proof, and satin: There’s so much to know about the 2009 Formative Years penny… Most of these exhibit only minor doubling and are generally worth $10 to $25.
Some errors do exist - including 2009 Formative Years pennies with doubled dies.
2009 LOG CABIN PENNY PROFESSIONAL
While most 2009 Lincoln Formative Years pennies are worth a few bucks at most, one business-strike example from the Philadelphia Mint (no mintmark) that was graded MS67RD by Professional Coin Grading Service sold for $1,995 in a 2010 sale. Satin examples from 2009 mint sets have a value of $3 to $5 each. Typical uncirculated examples are worth 10 to 30 cents apiece. The 2009 Formative Years penny with no mintmark (signifying that it was made at the Philadelphia Mint) and the 2009-D Formative Years penny are both worth face value, if worn. They can also be found in coin rolls from banks. More than 700 million were made, and these coins are extremely common in circulation. Many people who find a 2009 Formative Years Lincoln penny in pocket change may think they have landed a rare coin because it looks so unusual. Lincoln would grow up to become a lawmaker and, eventually, president - as we see on later designs in the 2009 Lincoln Bicentennial Cent series. The studious sort, he may have been taking a break while splitting logs, perhaps reading something from one of history’s great philosophers, or taking in one of the many great works that were being written in the day. The Formative Years coin shows a young Abe reading a book while sitting on a log. That first home was a Kentucky log cabin and it can be seen on the 2009 Early Childhood Lincoln Log Cabin penny. Serving as the second penny in the 4-coin 2009 Lincoln Bicentennial series, the 2009 Formative Years Lincoln cent is a natural continuation from the first design which depicts Lincoln’s humble early boyhood home. The 2009 Lincoln bicentennial pennies were released into circulation and became popular collectibles.
2009 LOG CABIN PENNY SERIES
The 2009 Formative Years penny saw the second commemorative reverse design in a series of 4 that were released.
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