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Your Thoughts On The Lincoln Shield Cent

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Pillar of the Community
United States
4897 Posts
 Posted 03/12/2015  11:18 am  Show Profile   Bookmark this reply Add amida17 to your friends list
Against the grain...... I like it! Makes way more sense than wheat ears or the boring Memorial.....jmo.....
Bedrock of the Community
United States
20753 Posts
 Posted 03/12/2015  11:46 am  Show Profile   Bookmark this reply Add just carl to your friends list
With those I lost interest in collecting Cents.
Bedrock of the Community
United States
17884 Posts
 Posted 03/12/2015  1:38 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
Problem is that people want them. As long as there is a market for them, the mint is going to make them; it would be foolish to walk away from that profit.

Of course then they could realize they could make a lot MORE profit by introducing a bunch more non-circulation denomiations because the collectors will buy them just because they are collectors (Bring back the 1/2 cent, the 2 and 3 cent the 20 cents and how about a 15, a 30, a 75 etc. Even more money for a $2, $3, $5 $10 and $20.)


Quote:
But they don't need to. This is the issue. Spend a few billion of your seigniorage to properly advocate people turning in their hoards of coins stored in jars at home. Get in touch with the USPS and give complementary coin wrappers to everyone.

Problem is it won't work. They tried that back during the second world war to solve the copper shortage problem for the cent but even with the great patriotic fervor of the time they couldn't get people to turn in their cents to help with the war effort.
Pillar of the Community
United States
3486 Posts
 Posted 03/12/2015  2:12 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list
Conder101, that is news to me!
When I was a kid I discovered odd bits of metal in the cellar. Old toothpaste tubes and the like.
Support the metal drive!
My dad's old WWII habit.

But to turn in cents?
Unlike today, a cent would buy a daily newspaper.
Even a lowly copper cent could purchase something.
Could the mint produce enough steel cents to prevent
a problem with daily commerce?

Maybe that's why such a program failed then.
Edited by matthewvincent
03/12/2015 2:22 pm
Pillar of the Community
United States
1566 Posts
 Posted 03/12/2015  2:39 pm  Show Profile   Bookmark this reply Add Celticsoul to your friends list
I like the shield design. Anything's better than that terrible memorial reverse.
Valued Member
United States
406 Posts
 Posted 03/12/2015  3:04 pm  Show Profile   Bookmark this reply Add giorgio11 to your friends list
The Shield reverse does absolutely nothing for me, but neither did the Lincoln Memorial design. But the Shield is worse. IMHO.

Best Regards,

George
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United States
188440 Posts
 Posted 03/12/2015  3:32 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Of course then they could realize they could make a lot MORE profit by introducing a bunch more non-circulation denomiations because the collectors will buy them just because they are collectors (Bring back the 1/2 cent, the 2 and 3 cent the 20 cents and how about a 15, a 30, a 75 etc. Even more money for a $2, $3, $5 $10 and $20.)
Hear that, Mint Director? Do it!
Bedrock of the Community
Canada
10743 Posts
 Posted 03/13/2015  3:53 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list
@ TheForce..
Quote:
I am curious about our Canadian friends thoughts on the discontinuation of the cent in Canada.

Well.. we didn't have too much to say, the Government decided to take away the small cent and it's gone.

Quote:
Was the transition easy?

Well.. when you have nothing to say...yeah.. I guess that's easy.

The Government took away the cent and the $1 & $2 dollar bills.. when they are gone fron circulation there's not too much you can do, you have to use what is available.
Pillar of the Community
United States
613 Posts
 Posted 03/13/2015  4:09 pm  Show Profile   Bookmark this reply Add billymac11 to your friends list
I remember picking out the Union Shield design as my choice when the designs were still under review. I like it. Like the symbolic imagery. It can go NIFC; there's only a few hundred billion of them out there. Keep it in the annual collector sets and every five years do a standard run of 8 billion or so with a new reverse.
Pillar of the Community
United States
1770 Posts
 Posted 03/13/2015  6:42 pm  Show Profile   Bookmark this reply Add M0nks to your friends list
personally never liked the new shield but I suppose we are stuck with it for another 50 yrs haha
Pillar of the Community
United States
2815 Posts
 Posted 03/13/2015  11:17 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list
I'd like to see the shield cent in high relief and composed of bronze. I think it would look much better. The design has grown in me a little, but I just cannot stand the low relief.
Bedrock of the Community
United States
17884 Posts
 Posted 03/14/2015  05:43 am  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
Well.. we didn't have too much to say, the Government decided to take away the small cent and it's gone

Could you send us some of your politicians? We could use some that actually work.
Pillar of the Community
798 Posts
 Posted 03/14/2015  06:43 am  Show Profile   Bookmark this reply Add Normic67 to your friends list
Not only did it save (our) government money but everybody seemed sick of them getting so much in there wallet and what not. In my opinion it was for the better even though countless key dates and errors were melted and really, I'mhappy we didn't end up like all you Americans with that astronomical amount of them circulating around your country. What I'msaying is that if they don't stop producing them in the states then when I go there with my family we will be walking in them and it will be really hard for me to find all the older ones because they will all be ones minted within the last decade. You don't even need to collect any shield penny's because they will never be rare and will never be actually collectible. What I have previously mentioned is why when American roll hunters go to the bank they sometimes get a whole box of the same year. What is your guises government thinking.
Valued Member
Canada
160 Posts
 Posted 03/14/2015  3:56 pm  Show Profile   Bookmark this reply Add DouglasFir to your friends list
It's not my favorite, but I think these things take time for me to like them... wait till I find one that's got some nice toning.
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United States
188440 Posts
 Posted 03/15/2015  12:35 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Could you send us some of your politicians? We could use some that actually work.
I second that request.


Well said, Normic67.
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