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
                                                                                  
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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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SABALA JAMES A
2. Issuer Name and Ticker or Trading Symbol

COEUR D ALENE MINES CORP [ CDE ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Executive VP and CFO
(Last)          (First)          (Middle)

505 FRONT AVE.
3. Date of Earliest Transaction (MM/DD/YYYY)

1/10/2008
(Street)

COEUR D'ALENE, ID 83814
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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, Par Value $1.00 per share   1/10/2008     A    23047   (1) A $0   133572   (2) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Incentive Stock Options   $7.09                   2/19/2005   2/19/2014   Common Stock   29325     29325   D    
Non-Qualified Stock Options   $7.09                   2/19/2005   2/19/2014   Common Stock   3666     3666   D    
Incentive Stock Options   $3.92                   2/16/2006   (3) 2/16/2015   Common Stock   25511     25511   D    
Non-Qualified Stock Options   $3.92                   2/16/2006   (3) 2/16/2015   Common Stock   33700     33700   D    
Incentive Stock Options   $5.14                   2/20/2007   (3) 2/20/2016   Common Stock   19455     19455   D    
Non-Qualified Stock Options   $5.14                   2/20/2007   (3) 2/20/2016   Common Stock   12142     12142   D    
Incentive Stock Options   $3.99                   3/20/2008   (3) 3/20/2017   Common Stock   25062     25062   D    
Non-Qualified Stock Options   $3.99                   3/20/2008   (3) 3/20/2017   Common Stock   17119     17199   D    
Incentive Stock Options   $4.85   1/10/2008        20618       1/10/2009   (3) 1/10/2018   Common Stock   20618   $0   20618   D    
Non-Qualified Stock Options   $4.85   1/10/2008        24273       1/10/2009   (3) 1/10/2018   Common Stock   24273   $0   24273   D    

Explanation of Responses:
( 1)  Reports of the grant of shares of restricted stock pursuant to Rule 16b-3(d) under the Company's Long-Term Incentive Plan. The shares shall vest to the extent of one-third on the first anniversary of the date of grant and shall cumulatively vest to the extent of one-third each year thereafter.
( 2)  Includes 75,457 unvested shares of restricted stock.
( 3)  The stock options become exercisable to the extent of one-third on the above date and are cumulatively exercisable to the extent of one-third each year thereafter.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SABALA JAMES A
505 FRONT AVE.
COEUR D'ALENE, ID 83814


Executive VP and CFO

Signatures
/s/ Teri L. Champ, Attorney-in-Fact 1/29/2008
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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