Future Lincoln Cent Material - Coin Community Forum

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Author	Replies: 8 / Views: 1,087
drpepper Valued Member United States 96 Posts	Posted 04/26/2007 11:21 am Anyone have ideas of what the Lincoln Cent could be made from in the future to keep its production cost uner $.01? Report this Post to the Staff

Sleaklight Pillar of the Community United States 827 Posts	Posted 04/26/2007 11:39 am plastic Report this Post to the Staff
AuldFartte Pillar of the Community United States 830 Posts	Posted 04/26/2007 11:41 am quote: plastic Ew ... but probably correct. Report this Post to the Staff
averyb2 New Member United States 48 Posts	Posted 04/26/2007 11:42 am Just cut it in half and call it an "nt"or "ny"... Report this Post to the Staff
drpepper Valued Member United States 96 Posts	Posted 04/26/2007 12:52 pm If the penny was made of plastic, production would not be nearly as consistant and we would not be able to recognize counterfeits. Also, change counters will not recognize them. -Scott Report this Post to the Staff
Topher Pillar of the Community Canada 965 Posts	Posted 04/26/2007 1:22 pm Plated steel. That's what Canadian coins have been made from for a few years now. Much cheaper, but not nearly as nice of a coin. Looks and feels cheap. Report this Post to the Staff
Gary Burke Rest in Peace United States 3730 Posts	Posted 04/26/2007 1:36 pm Stop production, except for collectors. Report this Post to the Staff
chrisild Pillar of the Community Germany 1238 Posts	Posted 04/26/2007 1:39 pm But how much expensive is it to make them? The German "copper" 1 pfennig coins were made from Cu plated steel since 1950, and at the end of the production period, about ten years ago, making a 1 pf coin cost 2.5 pf ... Nowadays, with the euro cash, it costs about 1.5 to 2 ct (depending on the country and mint) to make a 1 cent coin. Those are also copper plated steel. Do they look cheap? Don't think so, considering the low value those pieces represents. Christian Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 05/02/2007 8:30 pm About the only two possiblities in metal now are Aluminum or steel. Barrel plated with copper in either case to keep the appearance the same. Aluminum would only be a temperary choice, but the metal price would have to rise considerably so it should take awhile. Steel is much cheaper and could last much longer. But it would still be a waste of time since the purchasing power of the coin is spiraling down steeply and the labor cost will soon be high enough that the cent will be a losing proposition even if the material it was made of was free. Report this Post to the Staff
	Replies: 8 / Views: 1,087

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