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Your Thoughts On The Lincoln Shield Cent

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smokeriderdon's Avatar
United States
3755 Posts
 Posted 03/11/2015  9:57 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
I disagree 100% with The Force. Take the exact opposite of his opinion and there ya go.

As for the shield. They picked that junk over that eagle design? More junk from a commission rooted in impressionistic modern art junk. But thats just my opinion.
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TheForce's Avatar
United States
4867 Posts
 Posted 03/11/2015  11:06 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I am curious about our Canadian friends thoughts on the discontinuation of the cent in Canada. Do you wish these cents were still around if even in sets only? How are you adapting w/o the cent? Was the transition easy?
Edited by TheForce
03/11/2015 11:07 pm
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SilverStackerKid's Avatar
United States
6478 Posts
 Posted 03/12/2015  12:32 am  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
I like the shield, it is fresh, new but some what disappointing. Honestly, it is a simple, booooooring design with no detail. Maybe some cool varieties might show up some day. Maybe... Some day..... Huuuh. Dumb shield cent. I have very mixed emotions about it.
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skyshark124's Avatar
United States
1109 Posts
 Posted 03/12/2015  02:37 am  Show Profile   Bookmark this reply Add skyshark124 to your friends list Get a Link to this Reply
The shield design bores me. I wish we would get a better design for it (I liked the eagle) and also go ahead and replace the dead presidents on our coins with better images as well! One can hope.
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jbuck's Avatar
United States
188324 Posts
 Posted 03/12/2015  10:52 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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. Also try to keep the probably half billion cents each year from being just THROWN AWAY with their weekly garbage pickup. Just a pipe-dream.
Will never happen. We are already wasting seigniorage minting cents. The solution is to quit minting them for circulation and get used to life without them.
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sj2001's Avatar
United States
4 Posts
 Posted 03/12/2015  11:12 am  Show Profile   Bookmark this reply Add sj2001 to your friends list Get a Link to this Reply
It's a zincoln. It doesn't deserve a good design.
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amida17's Avatar
United States
4897 Posts
 Posted 03/12/2015  11:18 am  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
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 Get a Link to this Reply
With those I lost interest in collecting Cents.
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Conder101's Avatar
United States
17884 Posts
 Posted 03/12/2015  1:38 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

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.
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matthewvincent's Avatar
United States
3486 Posts
 Posted 03/12/2015  2:12 pm  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
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
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Celticsoul's Avatar
United States
1566 Posts
 Posted 03/12/2015  2:39 pm  Show Profile   Bookmark this reply Add Celticsoul to your friends list Get a Link to this Reply
I like the shield design. Anything's better than that terrible memorial reverse.
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giorgio11's Avatar
United States
406 Posts
 Posted 03/12/2015  3:04 pm  Show Profile   Bookmark this reply Add giorgio11 to your friends list Get a Link to this Reply
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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jbuck's Avatar
United States
188324 Posts
 Posted 03/12/2015  3:32 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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!
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 03/13/2015  3:53 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
@ 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.
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billymac11's Avatar
United States
613 Posts
 Posted 03/13/2015  4:09 pm  Show Profile   Bookmark this reply Add billymac11 to your friends list Get a Link to this Reply
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.
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