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 Replies: 92 / Views: 6,780 |
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Pillar of the Community
United States
826 Posts |
I would love to have one, But...
You know the rest.
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Pillar of the Community
United States
1913 Posts |
Anyone care to guess what the average selling price of the sets will be?
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Moderator
 United States
188213 Posts |
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Last year's Flowing Hair Gold auction was a dress rehearsal for this one. You may be right.  |
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Moderator
United States
188213 Posts |
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I would love to have one, But... You know the rest. Understood.  |
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Pillar of the Community
Canada
5239 Posts |
In Canada, the 5 cent coins are Nickel plated Steel. So if the US goes that route they should be called Stinckels.
Remember that the Swedish rounding is for the total purchase, not each individual item. There is no way that this could cost consumers more than a few cents per year.
The US kind of botched this process with the lack of an official, legal rounding system once the 1 cent coin disappears. I understand that there is a bit of a bureaucratic problem with rounding for those who use SNAP benefits. This all seems very silly for such a small thing, a few cents per year.
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Moderator
United States
188213 Posts |
Quote:
In Canada, the 5 cent coins are Nickel plated Steel. So if the US goes that route they should be called Stinckels. That will work.  Quote:
Remember that the Swedish rounding is for the total purchase, not each individual item. There is no way that this could cost consumers more than a few cents per year. Quoted for Truth.  Quote:
The US kind of botched this process with the lack of an official, legal rounding system... It is not really necessary. This is elementary level maths. Something every... kid... in... oh, bother, I forgot where we are.  |
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Bedrock of the Community
United States
10515 Posts |
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The US kind of botched this process with the lack of an official, legal rounding system once the 1 cent coin disappears. Will the 1 cent actually disappear? Will tax on purchases always make the final price end in a 0 or a 5? - No. There is a stronger chance that we move to a cashless society before the Cent disappears. Uh Oh, opened a can of worms on this one..  |
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Bedrock of the Community
United States
19945 Posts |
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Oh, yes, please! End the $1 bill now!  Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Bedrock of the Community
United States
19945 Posts |
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Only 232 three-coin sets are available for collectors  They left this out... Each set will start at $100,000.  |
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Pillar of the Community
United States
1780 Posts |
...here's a pic of the last "penny" ... I wonder if B.B.'s fingerprints will command a premium?...  Edited by mrwiskers
11/19/2025 05:02 am
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Pillar of the Community
United States
1748 Posts |
Those 232 sets aren't going to be the last ever cents. I do believe Bessent reiterated that cents will still be produced for collectors. I fully expect to see 1776-2026 cents in next years proof and uncirculated sets. Zincolns with an omega sign stamped onto them are still Zincolns.  US Mint, please for the love all things holy, mint the collectors cents in the old 95 pct copper alloy, like you did for the 2009 proofs and uncs. Edited by DoubleEagle20
11/19/2025 05:36 am
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Pillar of the Community
United States
833 Posts |
I hope they don't send those pennies to be melted away, especially for collectors.
It would be awesome if pennies ever returned after Donald Trump's term is over. The round up part is one of the worst parts.
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Moderator
United States
188213 Posts |
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Will tax on purchases always make the final price end in a 0 or a 5? - No. Taxes on totals already have to be rounded to the cent. Rounding to the nickel is just as easy. And the next person who brings up sales taxes requiring cents is going to get perma-banned.  |
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Pillar of the Community
United States
1913 Posts |
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They left this out...
Each set will start at $100,000. What did you read that? |
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Pillar of the Community
United States
7510 Posts |
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That's close, but the quantity is off. It's 232, not five Actually the FIVE is correct. That is referred to the very last FIVE cents out of the press and they are supposed to be auctioned with an estimate of fetching 2 to $300,000 per coin Edited by Chase007
11/19/2025 11:34 am
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Replies: 92 / Views: 6,780 |
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Posted 11/18/2025 4:41 pm
