The coefficient of normal restitution of colliding viscoelastic spheres is computed as a function of the material properties and the impact velocity. From simple arguments it becomes clear that, in a collision of purely repulsively interacting particles, the particles lose contact slightly before the distance of the centers of the spheres reaches the sum of the radii, that is, the particles recover their shape only after they lose contact with their collision partner. This effect was neglected in earlier calculations, which leads erroneously to attractive forces and thus to an underestimation of the coefficient of restitution. As a result we find a different dependence of the coefficient of restitution on the impact rate.