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For the first time in 50 years, the penny is getting redesigned, with four versions coming next year to commemorate the 200th anniversary of Abraham Lincoln's birth

While the coin will continue to depict Lincoln's likeness on the front, the reverse side will bear one of four new designs, the Mint said.

The designs show milestones in the life of the 16th president: the Kentucky log cabin of his birth
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his youth working as an Indiana rail splitter
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his service at the State Capitol in Illinois
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and his effort to preserve the union during the Civil War as depicted by a half-finished image of the U.S. Capitol dome.
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The first of the coins debuts Feb. 12, with the others following in three-month intervals. The release date, besides being Lincoln's birthday, comes a century after the production of the original Lincoln cent in 1909.

A Lincoln commemorative silver dollar will also be released in 2009.