1919 penny shortage

Discussion in 'Coin Chat' started by Ruben, Feb 28, 2019.

  1. Ruben

    Ruben Member

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  3. Clawcoins

    Clawcoins Damaging Coins Daily

    yeah, ppl should stop hoarding pennies at home ....
    lol
     
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  4. okbustchaser

    okbustchaser I may be old but I still appreciate a pretty bust Supporter

  5. Legomaster1

    Legomaster1 Cointalk Patron

    In 1974, using the penny had a point because just $0.05 then would be $0.27 today according to an inflation calculator. Gas cost 50 cents in 1974 (due to the oil embargo), but, would otherwise be cheaper.

    Well, people have always been hoarding pennies. 1919, 1974, and even today some people pull copper cents out of circulation.
     
  6. Clawcoins

    Clawcoins Damaging Coins Daily

  7. iontyre

    iontyre Active Member

    Ottawa bank - I think this article is referring to canadian pennies (cents), which at the time were still LARGE cents. The small cent debuted in Canada in 1920.
     
  8. okbustchaser

    okbustchaser I may be old but I still appreciate a pretty bust Supporter

    Ottawa Illinois
     
  9. Clawcoins

    Clawcoins Damaging Coins Daily

    wasn't Illinois still part of Canada back then ??
    lol
     
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  10. Conder101

    Conder101 Numismatist

    No, but could we give it to them now?

    Or at least Chicago.
     
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