On Sunday morning, December 21, 1958, President Eisenhower's press secretary, James Hagerty, issued a press release announcing that a new reverse design for the cent would begin production on January 2, 1959. The new design, by Frank Gasparro, had been developed by the Treasury in consultation with the Lincoln Sesquicentennial Commission. Approved by the President and by Secretary of the Treasury Robert B. Anderson, the new design featured the Lincoln Memorial in Washington, D.C. The redesign came as a complete surprise, as word of the proposal had not been leaked. The coin was officially released on February 12, 1959, the 150th anniversary of Lincoln's birth, although some pieces entered circulation early.

This penny turns 53 years old this year (2021). Would make a cool gift for someone's 53rd birthday. As can be seen in the pictures, the coin is in great shape. XF Grade.

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53rd anniversary; 53rd birthday.