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LMC No Longer?

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Author Previous TopicReplies: 6 / Views: 908Next Topic  
Pillar of the Community
chris12018's Avatar
United States
2130 Posts
 Posted 03/22/2009  12:55 pm Show Profile   Bookmark this topic Add chris12018 to your friends list Get a Link to this Message Number of Subscribers
I heard today that a bill was sent in to do away with the LMC. I was wondering if anyone heard of this & if anyone has any info on it?
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daviscfad's Avatar
United States
4541 Posts
 Posted 03/22/2009  1:34 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
The LMC has already been done away with. When the new licoln Cents finish this year there will be another design. Maybe thats what it was about.
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chris12018's Avatar
United States
2130 Posts
 Posted 03/22/2009  7:14 pm  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
Thank You
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jbuck's Avatar
United States
187702 Posts
 Posted 03/23/2009  12:27 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Wishful thinking I suppose.

I do not propose getting rid of them entirely, but the Lincoln Cent should be NIFC. I do like to collect them, I just do not like spending them!
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wd1040's Avatar
United States
3098 Posts
 Posted 03/23/2009  3:55 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply


Just like what the Swiss did.

(Put 1rp coins in mint sets only... since... erm... 1997?)
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oih82w8's Avatar
United States
7840 Posts
 Posted 03/23/2009  4:04 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
It would seem appropriate to end the cent on a high note, centennial of the Lincoln Cent (nice round number 100), and to do away with it in it's entirety. There has been considerable discussion about rounding items up to the nearest nickle anyway.

And the scuttlebutt about doing away with the One Dollar Bill, forcing Americans to deal with the golden dollars and Deuces.

I believe that the United States is the last to hold on to the single lowest (one) paper monetary unit.

success,
Pillar of the Community
nod2003's Avatar
United States
3294 Posts
 Posted 03/23/2009  4:39 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
China has the 1 Yuan and 5 Jiao (1/2 Yuan) notes last I knew. And there are 10 Yuan in $1
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