Quote: Coin collectors need not worry, though: Numismatic editions of the penny will still be produced in limited numbers, Treasury officials said so Id not worry about collector set inclusion.
That's not the same as finding a rare penny change or getting the coin that finally fills the last remaining hole in a folder. There's magic to those scenarios; paying the mint to send you a coin has no magic.
If they auction off the 24K gold Omega Privy Mark examples, do you think they'll sell for more than the gold Flowing Hair High Relief Dollars did in 2024 ? The first one ( of 230 struck ) came with the canceled obverse and reverse dies sold for $440K. . .
Why would PCGS use "2025-D" in the description if all were struck in Philly ?
I think It's possible the 5 BN (Regular Strike) examples could go for north of $1MM. Interesting to note there's no mintage figure listed for the 24K version
" Even a clock that's stopped is right twice a day. "
The cents in the proof sets for 2026 will be the double plated planchets. I would expect the mint set ones will probably be the double plated planchets as well. Makes sense to just use the same for both sets.
I expect the mint will sometime soon start minting old 95 pct Cu cents for collectors. The demand is definitely there for it.
We are following the same path as Japan with their 1 yen coins. Leaving old coins in circulation, killing new production and keeping the coin in collectors sets.
I think we would not be badly affected by Swedish rounding up and down as it is adopted in Canada, Australia, New Zealand, Ireland, Netherlands, Sweden and some European nations. There is no complaints from them? Sweden is the first nation to do this. I remember getting bronze 2 ore and 5 ore coins from a family friend not realizing she visited there BEFORE they dropped them.
Prices will be slightly higher or lower at the cashier.
I think the US Mint should starting to use cheaper materials for current coins like Canada did with theirs, I think a nickel should change to a cheaper metal instead of nickel?
Eventually, we will see the demise of coinage.
For me, I would keep an eye on The Royal Mint (UK) to see if they will follow the suit, that means 1p and 2p coins.
It is sad that the inflation ends many small coins like this, I remember two pennies then three pennies could buy Bazooka gum from a glass bowl vending machine!
Quote: I think we would not be badly affected by Swedish rounding up and down as it is adopted in Canada, Australia, New Zealand, Ireland, Netherlands, Sweden and some European nations. There is no complaints from them?
Rounding up or down for cash transactions has worked very well for Canada. Electronic transactions remain unchanged. It all works out in the wash so to speak and business owners are not out huge amounts of money as a result.
Next step like Canada and other countries is to recall/withdraw them from circulation. The coins should be melted down with the minerals separated for use in future productions, not languishing on a shelf like the Golden Dollars. No need to include them in future collector sets as they are no longer a production coin.
The deed is done and let's move on with nixing the paper $1.
This will depend on who wants to capture the (small) economic benefit from turning the coins into copper ingots.
If you recall the cents, in addition to any lost seigniorage (which is an economically complex calculation since it's been accrued year by year and should properly account for non-recovered coins, not just what was booked for a given year), you also need to separate the ZLincolns from the Copper. Otherwise, when you just blindly smelt them, the Zinc goes out the exhaust tube.
Far better cost-wise would be to remove the prohibition on melting and let 1000s of small players pay the separation costs.
-----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)
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