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 Replies: 52 / Views: 2,845 |
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Moderator
 United States
189222 Posts |
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But the thing is.... Are dimes as interesting as cents? They are to me.   |
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Moderator
United States
189222 Posts |
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Moderator
United States
189222 Posts |
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You just ride on through, mister. We don't want no trouble here. Trouble is my middle name!  And you all thought it was Tiberius.  |
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Moderator
United States
189222 Posts |
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Pennies were history's greatest experiment in waste, greed, inertia, and stupidity... That it lasted so long is a testament not to pro-gress or re-gress but to Con-gress. Testify, brother! |
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Pillar of the Community
United Kingdom
1682 Posts |
Over in England, I have over 700 spare Lincoln Wheat cents and over 400 spare non-Lincoln Wheat cents. Not counting the two Lincoln Cent sets that I am working on. Need 4 wheat cents to complete one set and 7 to complete the second set with at least two in that set that should be replaced by better coins. |
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Pillar of the Community
United States
3207 Posts |
Nickels and 20 cent pieces are almost the same diameter. Just change "Five" to "Twenty" on the back of a nickel, round totals to the nearest dime, and be done with the seigniorage problem for awhile.
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Bedrock of the Community
United States
19197 Posts |
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Pennies were history's greatest experiment in waste, greed, inertia, and stupidity... Well, I can think of many 'experiments' a bit more onerous than that of the minted cent... Anyway, it's all over. |
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Bedrock of the Community
United States
10592 Posts |
Just a quick look shows 100 Billion Shield Business Strike Cents were made since 2010. Now surely you can't tell me those are all in albums - and don't call me Shirley - maybe disintegrated........  |
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Bedrock of the Community
United States
19197 Posts |
I have a 'small' hoard of ~MS62-65 memorial/2009/shield cents--perhaps 6K total pulled from roll hunting over the decades.
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Moderator
United States
189222 Posts |
Quote:Over in England, I have over 700 spare Lincoln Wheat cents and over 400 spare non-Lincoln Wheat cents. Not counting the two Lincoln Cent sets that I am working on.  Quote:
Need 4 wheat cents to complete one set and 7 to complete the second set with at least two in that set that should be replaced by better coins. Good luck!  |
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Moderator
United States
189222 Posts |
Quote:
Nickels and 20 cent pieces are almost the same diameter. Just change "Five" to "Twenty" on the back of a nickel, round totals to the nearest dime, and be done with the seigniorage problem for awhile. And everyone quadruples their money when their old nickels are spent or deposited as double-dimes! I knew I was hoarding them for a reason.  |
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Moderator
United States
189222 Posts |
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Now surely you can't tell me those are all in albums You forgot the couches and landfills. Quote:
maybe disintegrated Oh, yeah, that tracks! |
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Moderator
United States
189222 Posts |
Quote:
I have a 'small' hoard of ~MS62-65 memorial/2009/shield cents--perhaps 6K total pulled from roll hunting over the decades. Time to cash it in! |
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Pillar of the Community
United States
620 Posts |
The whole conversation shows the result of decision making by "Tweet."
When Canada eliminated the cent in 2012, they published an "action plan" not only explaining why but what should be done moving forward (i.e. for cash transactions rounding up or down and for electronic or check transactions the original total). Unfortunately, in the US, the President "Tweeted that he was instructing the Treasury Secretary to stop producing pennies" and the Treasury Secretary later indicated that the Mint would not be buying planchets for cents after the last order was filled and producing them until the planchets are used up.What that means, no one really knows. That is why there was a discussion on the forums about 2026 cents.
The good news is, there is legislation proposed in Congress to clarify what this all means and to codify rounding up and down. The legislation is necessary to clarify all of this and codify rounding so it is universally consistent.
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Pillar of the Community
 United States
4593 Posts |
https://www.congress.gov/crs-product/IN125723 of the 4 were referred to committee at the beginning of the year and nothing has happened. H.R.3074 was reported out (revised) by committee on 9/4 and has gone nowhere because the House is AWOL. https://www.congress.gov/committee-...e-report/235The amended version turns the nickel into a clad zinc/nickel coin. The cent? Quote:
(bb) Elimination of One-cent Coin.--
(1) In general.--Notwithstanding any other provision of
law, the Secretary shall cease production of one-cent coins for
general circulation, but may continue to produce and issue one-
cent coins for sale as numismatic items.
(2) No effect on legal tender.--Any one-cent coin that is
minted and issued on any date before the date of the enactment
of this subsection shall remain legal tender for all debts,
public charges, taxes, and dues.
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Posted 10/29/2025 5:29 pm
