Will Prices Go Up On All Lincoln Cents If It Is Eliminated?

Did you miss the ?
And this entire question is sort of on the short lived side. As has been discussed many times, slowly all coinage will be gone. So will currency. Eventually all monitary exchanges will have to be done electronically. More and more due to intercontinental exchanges of merchandise. Also, one card instead of piles of metal and paper.
Even now many people seldom use anything but credit/debit cards. I find myself using those about 90% of the time already. My Som tells me he only uses credit cards due to having a buisness and being able to use those statements they send out. And my credit card company now pays out 1, 2 and 3 % cash back on many items.
So why use cash?

I do, and it is.

tmaring has a great point. I enjoy privacy and you should, too. To add to that, I often get steep discounts when I pay in cash because the storeowner doesn't have to wait to get his cash, and I don't have to accumulate percentages after about a year of hardcore shopping. This argument of "free cash" is just nuts - I save immediately with cash and the benefits outweigh anything else. Nothing is ever free, by the way - it's paid for.

Sel brings up something that I overlooked. Even today with silver coins many of them are BV because they are common dates and they are in rough condition. The same should also be true with pennies as they go the way of the dodo. Hoard them only in MS condition, treating them with the exact respect you do with other coins in your collection.