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Lincoln Cents To End?

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Valued Member
TimJing's Avatar
United States
346 Posts
 Posted 08/08/2007  03:06 am  Show Profile   Bookmark this reply Add TimJing to your friends list Get a Link to this Reply
You know, Amazon, that's a great idea. I'd love to see the likeness of Tom Hanks on a cent.
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Spider5689's Avatar
United States
2269 Posts
 Posted 08/08/2007  10:34 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
I'm still on the fence when it comes to Lincoln. I never liked the Memorial reverse, I always thought it looked awful. I'm a fan of the Wheat reverse. As for the obverse I think Abe should stay the where he is.
Valued Member
United States
101 Posts
 Posted 08/08/2007  11:59 pm  Show Profile   Bookmark this reply Add sllyonsjr421 to your friends list Get a Link to this Reply
Ok this is taken straight from the bill passed by congress regarding the pres dollars, and first spouse. The Lincoln Cent changes are in the same bill. Cut pasted...

TITLE III--ABRAHAM LINCOLN BICENTENNIAL 1-CENT COIN REDESIGN

SEC. 301. <<NOTE: 31 USC 5112 note.>> FINDINGS.

Congress finds the following:
(1) Abraham Lincoln, the 16th President, was one of the
Nation's greatest leaders, demonstrating true courage during the
Civil War, one of the greatest crises in the Nation's history.
(2) Born of humble roots in Hardin County (present-day LaRue
County), Kentucky, on February 12, 1809, Abraham Lincoln rose to
the Presidency through a combination of honesty, integrity,
intelligence, and commitment to the United States.
(3) With the belief that all men are created equal, Abraham
Lincoln led the effort to free all slaves in the United States.
(4) Abraham Lincoln had a generous heart, with malice toward
none, and with charity for all.
(5) Abraham Lincoln gave the ultimate sacrifice for the
country he loved, dying from an assassin's bullet on April 15,
1865.
(6) All Americans could benefit from studying the life of
Abraham Lincoln, for Lincoln's life is a model for accomplishing
the ``American dream'' through honesty, integrity, loyalty, and
a lifetime of education.
(7) The year 2009 will be the bicentennial anniversary of
the birth of Abraham Lincoln.
(8) Abraham Lincoln was born in Kentucky, grew to adulthood
in Indiana, achieved fame in Illinois, and led the nation in
Washington, D.C.

[[Page 119 STAT. 2674]]

(9) The so-called ``Lincoln cent'' was introduced in 1909 on
the 100th anniversary of Lincoln's birth, making the obverse
design the most enduring on the nation's coinage.
(10) President Theodore Roosevelt was so impressed by the
talent of Victor David Brenner that the sculptor was chosen to
design the likeness of President Lincoln for the coin, adapting
a design from a plaque Brenner had prepared earlier.
(11) In the nearly 100 years of production of the ``Lincoln
cent'', there have been only 2 designs on the reverse: the
original, featuring 2 wheat-heads in memorial style enclosing
mottoes, and the current representation of the Lincoln Memorial
in Washington, D.C.
(12) On the occasion of the bicentennial of President
Lincoln's birth and the 100th anniversary of the production of
the Lincoln Cent, it is entirely fitting to issue a series of 1-
cent coins with designs on the reverse that are emblematic of
the 4 major periods of President Lincoln's life.

SEC. 302. <<NOTE: 31 USC 5112 note.>> REDESIGN OF Lincoln Cent FOR 2009.

(a) In General.--During the year 2009, the Secretary of the Treasury
shall issue 1-cent coins in accordance with the following design
specifications:
(1) <<NOTE: Victor David Brenner.>> Obverse.--The obverse of
the 1-cent coin shall continue to bear the Victor David Brenner
likeness of President Abraham Lincoln.
(2) Reverse.--The reverse of the coins shall bear 4
different designs each representing a different aspect of the
life of Abraham Lincoln, such as--
(A) his birth and early childhood in Kentucky;
(B) his formative years in Indiana;
(C) his professional life in Illinois; and
(D) his presidency, in Washington, D.C.

(b) Issuance of Redesigned Lincoln Cents in 2009.--
(1) Order.--The 1-cent coins to which this section applies
shall be issued with 1 of the 4 designs referred to in
subsection (a)(2) beginning at the start of each calendar
quarter of 2009.
(2) Number.--The Secretary shall prescribe, on the basis of
such factors as the Secretary determines to be appropriate, the
number of 1-cent coins that shall be issued with each of the
designs selected for each calendar quarter of 2009.

(c) Design Selection.--The designs for the coins specified in this
section shall be chosen by the Secretary--
(1) after consultation with the Abraham Lincoln Bicentennial
Commission and the Commission of Fine Arts; and
(2) after review by the Citizens Coinage Advisory Committee.

SEC. 303. <<NOTE: 31 USC 5112 note.>> REDESIGN OF REVERSE OF 1-CENT
COINS AFTER 2009.

The design on the reverse of the 1-cent coins issued after December
31, 2009, shall bear an image emblematic of President Lincoln's
preservation of the United States of America as a single and united
country.

SEC. 304. <<NOTE: 31 USC 5112 note.>> NUMISMATIC PENNIES WITH THE SAME
METALLIC CONTENT AS THE 1909 PENNY.

The Secretary of the Treasury shall issue 1-cent coins in 2009 with
the exact metallic content as the 1-cent coin contained in

[[Page 119 STAT. 2675]]

1909 in such number as the Secretary determines to be appropriate for
numismatic purposes.

SEC. 305. <<NOTE: 31 USC 5112 note.>> SENSE OF THE CONGRESS.

It is the sense of the Congress that the original Victor David
Brenner design for the 1-cent coin was a dramatic departure from
previous American coinage that should be reproduced, using the original
form and relief of the likeness of Abraham Lincoln, on the 1-cent coins
issued in 2009.

Sorry its so long but yea that explains it all.
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Amazon99's Avatar
United States
2443 Posts
 Posted 08/09/2007  12:11 am  Show Profile   Bookmark this reply Add Amazon99 to your friends list Get a Link to this Reply
After reading that, maybe it won't be too bad of a design for the penny.
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livingdinasaur's Avatar
United States
1571 Posts
 Posted 08/09/2007  01:54 am  Show Profile   Bookmark this reply Add livingdinasaur to your friends list Get a Link to this Reply
I agree with the general content of the "cut, and psate". I think Abraham Lincoln is the MOST representative president of the US. None have given this country as much as he did. Change the rev, all you want, but leave the OBV as is. DEFINITELY non of the 3/4 front face FREAK views loke the 2007 nickel! I won't save them because they are too ugly! I know there are those of you who might take offense, but There has to be a limit to how much they modify a profile, like from majestic, to ludicrus! IMHO.
Dick
Valued Member
dustin43160's Avatar
United States
367 Posts
 Posted 08/09/2007  07:37 am  Show Profile   Bookmark this reply Add dustin43160 to your friends list Get a Link to this Reply
i agree with livingdinasaur I didnt like the nickles very ugly indeed I bought 2 rolls of each and seen em and gave them to kids at the park lol I'm afraid ill do the same if the pennies go that way..
Edited by dustin43160
08/09/2007 07:38 am
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Scottishmoney's Avatar
United States
597 Posts
 Posted 08/09/2007  07:55 am  Show Profile   Bookmark this reply Add Scottishmoney to your friends list Get a Link to this Reply
With the nickel they should have used the original 1937 design for it, it looked more like Jefferson anyway. I don't like the new nickels either.
Bedrock of the Community
United States
20753 Posts
 Posted 08/09/2007  11:55 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Hey, sllyonsjp421, thanks alot for the detailed answer to everyone's question about the cent. So it's probably to late to bother the government about suggestions for a anniversary type cent. I wonder if the one for Kentucky will have a baby in crib on the reverse. If this is to be a life story about Lincoln through coins in 2009, They could have an entire series. His cabin, his birth, reading a book, etc. They could make it a 1,000 coin presentation.
As to material for any new coins at all I don't see why they don't just go to a garbage dump, shovel everything into hoppers, melt it all together and make coins out of what ever comes out.
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Topher's Avatar
Canada
965 Posts
 Posted 08/09/2007  12:06 pm  Show Profile   Bookmark this reply Add Topher to your friends list Get a Link to this Reply
They'll probably go to copper-plated steel, which is what we have here in Canada. It doesn't feel the same, nor does it sound the same when dropped, but it is much cheaper. Again, I don't think the problem is the material the coins are made of, it's that the actual value of the penny has gotten to the point it is worthless. Once upon a time, you could actually buy something for a penny. Now, a penny needs to be combined with others to make it actually worth something tangible.
Edited by Topher
08/09/2007 12:07 pm
New Member
United States
25 Posts
 Posted 08/09/2007  5:33 pm  Show Profile   Bookmark this reply Add coininfo to your friends list Get a Link to this Reply
They will change the metal it is made out of. As far as eliminating the cent, wish people would vote against this. Think about it if the cent piece is gone, when you purchase or pay for anything, do you think people will round the figure up or down? Imagine how much more people will be paying for the same stuff if everyone rounded up because there was no more cent.
Edited by coininfo
08/09/2007 5:33 pm
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Conder101's Avatar
United States
17884 Posts
 Posted 08/09/2007  11:06 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
quote:
Imagine how much more people will be paying for the same stuff if everyone rounded up because there was no more cent.

They have done some studies on that and they estimate that for the typical person making an average number of purchases per year, if every rounding went against him for the maximum amount it would come to about $40 per year.

I am not shaking in my boots.
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Topher's Avatar
Canada
965 Posts
 Posted 08/09/2007  11:39 pm  Show Profile   Bookmark this reply Add Topher to your friends list Get a Link to this Reply
Rounding is used in more and more countries in the world, and nobody feels they're getting cheated. Besides, rounding is only used for cash transactions. Electronic ones (debit, credit card) are not rounded. I believe a study was done by the Australian government that proved rounding up only happens 50% of the time, give or take a very small margin.
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Spider5689's Avatar
United States
2269 Posts
 Posted 08/09/2007  11:46 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
As a circulating coin the penny is only received in change. I hardly see any people using pennies to pay cashiers.

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dustin43160's Avatar
United States
367 Posts
 Posted 08/09/2007  11:54 pm  Show Profile   Bookmark this reply Add dustin43160 to your friends list Get a Link to this Reply
i would die wthout pennies! I get about 100$ worth of pennies a week to look through em! its what I do cant get a job so I'm a professional penny roll searcher!! hehe of course the banks crnge when they see me hehe
Valued Member
United States
101 Posts
 Posted 08/10/2007  02:33 am  Show Profile   Bookmark this reply Add sllyonsjr421 to your friends list Get a Link to this Reply
I am really looking forward to this change, Lincoln cents have been the main collection for me so I will be very excited to see whats to come. Just hoping they dont do a huge amount of varieties. Read someone who suggested that there could be alot of different coins if you take into account one of each 4 designs in business strike from P and D mints, one of each composition in a proof set, and then one of each composition in mint sets. I really doubt the mint will go that far tho but you never know. Seems more realistic for the mint sets and proof sets to have the "original composition" and then the business strikes to use the normal zincoln or possibly whatever the new composition they are working on for it is going to be. Regardless I cant wait for 2009 and I know that this will bring a nice value jump to the entire series in some fashion.

Steve
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