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coppercoins.com Forum Index arrow In The News arrow Goodbye Abe?

Goodbye Abe?
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cladking
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PostPosted: Thu Jul 17, 2003 10:16 pm Reply with quote

coppercoins wrote:
What I see as a really cool idea, and it has been basically ignored by everyone, is that we have special, high relief, nicely done dies for the mint sets (so the mint set coins would be different and look nice) and proof sets so we collectors could still have a nice example of each coin each year, and circulate the flattened comical crap. This could keep the cent around a lot longer, but it would be a mint set only issue.


Sounds great! It will increase the interest in the sets, and save the production costs of the billions for circulation. It will also give a chance to commemorate Lincoln's birth and the centennial of the cent with a 2009-S vdb in the proof sets. Change the design back to the wheat ears for that year and there will finally be an '09-D of the type.

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SteveAZ
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PostPosted: Fri Jul 18, 2003 4:06 am Reply with quote

Quote:
I hope they keep it until 2009 anyway.

I agree, a 100 year run would be a nice ending.
Quote:
I would like to see a real copper cent again.

I would like it as well but I have to tend to agree that the one cent has outlived it's usefulness. The only option is to incorporate another denomination, which I don't forsee happening. It appears we are destined to go to plastic. Crying or Very sad

Steve

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Art
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Location: Ocala, FL
PostPosted: Fri Jul 18, 2003 6:21 am Reply with quote

I think the mint set idea has lots of merit. I'd sure hate to see us go plastic on our coins, even the lowly cent.

I don't see a new denomination being introduced between the cent and nickel. Of course my prediction capabilities are very bad. I was totally amazed when they actually issued the SACs. I figured the SBAs had put the final nail in the dollar coin coffin.

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SteveAZ
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PostPosted: Fri Jul 18, 2003 6:37 am Reply with quote

I didn't mean plastic coins. Shocked
I meant debit cards. Wink

Steve

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SteveAZ
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PostPosted: Fri Jul 18, 2003 4:21 pm Reply with quote

The price jumps lately have been enough. with the minting of the statehood quarters, a much needed rebirth in collecting has started and it will hopefully continue. I say we buy all the coins now, let them stop the cent, and rake in the profits. Very Happy

Steve

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Bob P
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PostPosted: Fri Jul 18, 2003 6:47 pm Reply with quote

Some great replys folks. Thanks for your inputs, and keep them coming if you have anything more to say about this.
The most recent information I can come up with is that about 70% of Americans want to keep old Abe.
DId you know that there is a group called "AMERICANS FOR COMMON CENTS"? Check out this website for some fascinating information about the penny. There is also an article there about this very subject.

http://www.pennies.org/#

Bob P
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