FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * SABEL IVAN R   2. Issuer Name and Ticker or Trading Symbol COEUR D ALENE MINES CORP [HGR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chairman of the Board (Last) (First) (Middle) TWO BETHESDA METRO CENTER SUITE 1200 3. Date of Earliest Transaction (Month/Day/Year) 02/13/2009 (Street) BETHESDA, MD 20814 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 02/13/2009   M   4,714 A $ 14.75 392,164 D   Common Stock 02/13/2009   S   4,714 D $ 16.0246 (1) 387,450 (2) D   Common Stock               1,100 I Spouse's IRA

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Option to Buy

$ 14.75

02/13/2009

M

4,714

04/29/2000(3)

04/28/2009

Common Stock

10,693

$ 0

5,979

D

Option to Buy

$ 1.64

05/31/2002(3)

05/30/2009

Common Stock

50,000

50,000

D

Option to Buy

$ 14.23

05/30/2003(4)

05/29/2012

Common Stock

100,000

100,000

D

Option to Buy

$ 13.8

08/01/2004(4)

07/31/2013

Common Stock

90,000

90,000

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
SABEL IVAN R TWO BETHESDA METRO CENTER SUITE 1200 BETHESDA, MD 20814	X		Chairman of the Board

Signatures

/s/ Teri L. Champ, Attorney-in-Fact		02/17/2009
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	These shares were sold at a range of sale prices from $16.00 to $16.10. The reporting person will provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
(2)	Includes (i) unvested restricted shares which total 31,350 shares of stock from an initial grant of 31,350 shares of restricted stock made on November 13, 2008; (ii) unvested restricted shares and fully vested shares which total 116,250 shares of stock from an initial grant of 155,000 shares of restricted stock and performance shares made on August 9, 2007; (iii) unvested restricted shares and fully vested shares which total 70,000 shares of stock from an initial grant of 140,000 shares of restricted stock made on June 12, 2006; and (iv) unvested restricted shares and fully vested shares which total 30,450 shares of stock from an initial grant of 75,000 shares of restricted stock made on March 4, 2005. All remaining unvested restricted shares will continue to vest at a rate of 25% per year of the original grant amount on the anniversary date of the grant.
(3)	This option vested over a four-year period from the date of grant and is now fully vested.
(4)	This option was fully vested on June 23, 2005.

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