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 Replies: 177 / Views: 17,764 |
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New Member
United States
6 Posts |
Finally ... goodbye to the penny. Just announced today, Thursday, 5.22.2025 - Treasury Dept placed its last order for blanks earlier this month, and once those run out, no more minting of pennies. See article: https://www.businessinsider.com/tre...-doge-2025-5 |
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Moderator
 United States
187446 Posts |
This reply was split into its own topic for the proper attention. And attention, it will get.  |
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Bedrock of the Community
Canada
21580 Posts |
It's about time the USA caught up with the times.
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Pillar of the Community
United States
2605 Posts |
Even though we all saw this coming, it's still bittersweet as a numismatist. Important to note the Treasury is stopping production of the cent, rather than eliminating it (which would require an act of Congress). Essentially the same situation as the dollar coin in 2012. What the news articles fail to mention is whether production will continue for collectors only. I for one hope we will still have NIFC cents, preferably in the old 95% copper. Time will tell. . . |
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Pillar of the Community
United States
1272 Posts |
time to grab a couple more bank boxes
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Pillar of the Community
United States
6498 Posts |
My question is, how long is this "last order" contact for? One year-10 years?
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Moderator
United States
187446 Posts |
Quote:
What the news articles fail to mention is whether production will continue for collectors only. I for one hope we will still have NIFC cents, preferably in the old 95% copper. Since they are no longer buying zinc blanks, they have no choice but to go old school and use bronze. That also gives them an excuse to raise the prices again.  |
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Moderator
United States
187446 Posts |
Quote:
My question is, how long is this "last order" contact for? One year-10 years? An order probably lasts a few weeks, months at most. You know they do not want to long-term warehouse something that can self destruct!  |
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Pillar of the Community
United States
2829 Posts |
Just saw that on CNBC, time to buy some boxes from the bank & sell them on ebay for $10,000!  |
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Moderator
United States
187446 Posts |
Quote: time to buy some boxes from the bank & sell them on ebay for $10,000! Especially when you can add the hype to the listings. |
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Bedrock of the Community
United States
19108 Posts |
Wonder how ebay's AI selling description would read for cent bank boxes... A must have for any collector.... |
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Valued Member
United States
287 Posts |
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Pillar of the Community
United States
1748 Posts |
The bipartisan bill in Congress to make it official has a clause for the minting of the cent for collectors. The composition of said cent would be at the discretion of the Treasury. I smell a collectors cent of 95 pct copper or maybe even pure copper coming soon.
Canadian collectors cents varied from 98 pct to pure copper from 1997-2012.
Edited by DoubleEagle20
05/22/2025 1:54 pm
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Moderator
United States
187446 Posts |
A mere thirteen years after Canada.  |
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Pillar of the Community
United States
2829 Posts |
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Especially when you can add the hype to the listings .... I'll have to think of something creative "Step right up, get your last box of Lincoln cents here!" |
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Moderator
United States
187446 Posts |
Quote:
"Step right up, get your last box of Lincoln cents here!"  |
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Replies: 177 / Views: 17,764 |
Posted 05/22/2025 12:17 pm
