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 Replies: 41 / Views: 3,537 |
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Moderator
 United States
187446 Posts |
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Fun fact. The cent as a denomination is the longest continually struck U.S. coin, the exception being in 1815. As for the small cent, every year even during economic/political/natural hardships which affected all other denominations. Quite impressive. Personally I'm going to miss it if for no other reason.  |
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New Member
United States
25 Posts |
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I would think we will see a 1776-2026 cent next year. Good way to finally end the production of the coin. This would be nice, I will be pretty upset if we don't get anything special for the penny's end of production. |
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New Member
United States
32 Posts |
I just don't get it. The rush to do away with the cent does not seem necessary. The mint was formed to facilitate commerce in this country. I don't believe that it was formed to make a profit. The $85 million deficit due to striking the cent is made up by the overage by making larger denominations. So, there is no out-of-pocket issue for the American household.
However, by doing away with the cent, the cost to the American consumer will be $276 million. This number is based on each household conducting 84 cash transactions in a year, with the transaction rounded up to the nearest nickel.
It doesn't seem like an efficient way to facilitate trade in this country.
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Moderator
United States
187446 Posts |
Proper rounding of cash totals will prevent consumer harm and most will round cash totals down just to look like a hero. Most of them end up in the garbage anyway. The is no defending the continuation of the cent in circulation. It is toast.  |
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Pillar of the Community
 United States
2200 Posts |
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I just don't get it. The rush to do away with the cent does not seem necessary. I agree with you! I still have not seen definitive proof that 2025 or 2026 will be the final years of the cent. I remember the first post earlier this year claiming the penny was going away. Everybody was all in lather because so many here had been calling for the coin's elimination for a long time, and it seemed like they had finally gotten their wish. But as I mentioned in response to that post, I called the mint and they confirmed it simply wasn't true. And as far as I can tell, it still isn't. There's been a lot of clamoring amongst coin collectors here who want to see the coin gone and a lot of gloating about reports that it finally has met its demise. But to me, it's all rumors, speculation and innuendo. Quote:
The is no defending the continuation of the cent in circulation. It is toast. I will believe it when I see it. Until I hear an official proclamation from someone in charge saying, "We will no longer be minting the one-cent coin after [insert year]," I see a long and prosperous future for Abe! Yay! (Just think how boring mint and proof sets would look without the copper coin to offset the silver-colored ones.) Edited by jpsned
09/04/2025 4:59 pm
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Moderator
United States
187446 Posts |
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Just think how boring mint and proof sets would look without the copper coin to offset the silver-colored ones. To be clear, the cent should only be ended for circulation. It should live on as long as it can as a 95% copper NCLT contribution to the annual sets.  |
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Pillar of the Community
United States
2200 Posts |
Yes, as I was writing that sentence, I thought perhaps they would keep them in the sets. It would be a good move.
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Moderator
United States
187446 Posts |
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I thought perhaps they would keep them in the sets. It would be a good move. It is the only winning move.  |
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Pillar of the Community
United States
996 Posts |
Mint and Proof Sets should (IMHO) only include coins that are also minted for circulation that year. While collectors appreciate NIFC coins in their sets I just don't think they should be as they aren't indicative of that year's coinage.
Of course I am also that weirdo that doesn't think the Mint should be making any NIFC coinage like halves or dollar coins, gold, platinum or all those other "legal tender commemoratives". Their job is to make coinage, not souvenirs.
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Pillar of the Community
United States
2200 Posts |
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Their job is to make coinage, not souvenirs. That's a simple yet profound statement. But the mint has been making souvenirs since at least 1936, when they made the first proof set. |
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Pillar of the Community
 United States
4587 Posts |
Well... https://www.govinfo.gov/content/pkg...6publ330.pdfOfficially, only the quarter and dollar coins are specifically authorized, but there's a general provision Quote:
Section 5112 of title 31, United States Code, is amended by adding at the end the following new subsection:
(y) REDESIGN AND ISSUANCE OF COINS EMBLEMATIC OF THE UNITED STATES SEMIQUINCENTENNIAL.—
(1) REDESIGN BEGINNING IN 2026.—
(A) IN GENERAL.—
(i) Notwithstanding the 4th, 5th, and 6th sentences of subsection (d)(1), the Secretary may change the design on any of the coins authorized under this section and minted for issuance during the one-year period beginning January 1, 2026, in celebration of
the United States semiquincentennial.
(ii) Notwithstanding the 2nd and 3rd sentences of subsection (d)(1), the Secretary may place the required inscriptions on either the obverse or reverse sides of the coins authorized for redesign under this subsection.
(B) QUARTER DOLLARS.—The Secretary may issue quarter dollars in 2026 with up to five different designs emblematic of the United States semiquincentennial. One of the quarter dollar designs must be emblematic of a woman's or women's contribution to the birth of the Nation or the Declaration of Independence or any other monumental moments in American History.
(C) DOLLARS.—The Secretary may, in addition to the coins produced under subsections (r) and (w), mint for issuance during the one-year period beginning January 1, 2026, $1 dollar coins with designs emblematic of the United States semiquincentennial. -----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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Moderator
United States
187446 Posts |
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Officially, only the quarter and dollar coins are specifically authorized, but there's a general provision Interesting.  |
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Valued Member
United States
171 Posts |
I plan to buy a case of each PDS from a Bank unc and sell in a few years for 10-15 a roll
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Moderator
United States
187446 Posts |
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I plan to buy a case of each PDS from a Bank unc and sell in a few years for 10-15 a roll  |
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Valued Member
United States
171 Posts |
I plan to buy a case of PD&S 2024 and 2025 Lincoln cents and sell them in several years from now as rolls
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Replies: 41 / Views: 3,537 |
First Page
Posted 09/03/2025 09:37 am
