Now they've gone and done it!

I'm not sure if you're aware of this, but the portrait on the Shield cent was made to appear closer to Brenner's original. Not that they did an excellent job, but compared to the late Memorials (in particular) and the bicentennials, which were just terrible, I don't think it's too bad, especially considering the low relief. JMHO.

Just as independent verification....

http://lincolncents.net/lincoln-shield-cent/

(Third paragraph iirc)

 

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I got a glimpse of the future...



@Electron John @paddyman98 @cpm9ball

 

@Cascade
https://www.cointalk.com/threads/2009-lincoln-cent-boot-strap-die-break-error.289022/

 

The "P" mint mark should have been added to cents in 1980.
It makes sense for the cent to have a "P" just like all the other Philadelphia Mint coins.

 

Maybe Mary Todd Lincoln on the cent for one year would have been at least a true effort. Mr. Carr how about a token cent depicting M.T.L.?

 

I think this would be the perfect time for the U. S. to stop making cents. Read into this what you will. There are different ways to spell that word.

 

What type of witchcraft is that

Holy hell that's awesome! Micro-VAMmming!

 

Oh the irony. Thank you Dan. You made my day with that comment.

 

So back in 65-67, mint marks were left off to prevent hoarding of coins that would create a coinage shortage. They were probably left off the cents in 1980 to avoid differentiating them from the West Point cents made through 1986, which would have caused more hoarding. Now, if they add a mint mark, maybe they're trying to encourage hoarding. This would all be well and fine if it weren't for the fact that if the resulting hoarding causes an increase in the mintage of cents, the total negative seigniorage increases.

This is all predicated on the assumption that the hoarding claim was legitimate, of course.

 

I certainly hope so! I can't wait to hear the reactions of all those hoarders who think that the copper is worth more than reclamation centers are willing to pay for it.

Chris

 

Haha, I have been hiding in a dark room examining samples with an electron microscope! No seriously I just found these forums recently. I have been an amateur coin collector most of my life on and off again. Recently started going to shows again taking my young daughter with me because she is interested in world coins. I find I am learning a lot from all the discussions here.

 

"Jurkowsky said cents struck at the Philadelphia Mint will revert in 2018 to bearing no Mint mark."

They will likely switch back to no mint mark halfway through the year so that everyone will have to grab up one of each.

 

Also, I am glad to know I am not the only one that hates the shield back!

 

You know you could start a side business framing shots like that and selling them at coin shows. It has the possibility of becoming quite profitable

 

Every time I see you post this I will retort. Reclamation centers will not offer you more than face for copper cents because they are currently illegal to melt. Yes I understand that the copper cent is "not grade A copper" (as I know you're going to say lol), but the price of copper is low and let me repeat... CENTS ARE CURRENTLY ILLEGAL TO MELT!

Should the price of copper get to $5 per pound, as it has gotten near to in the past, you are talking about roughly 3x melt value vs face value. Even if reclamation centers want to knock off half (very high btw) for smelting/refining, you still have a value of 50% above face!

With all that said... If you are over the age of 50 there are probably better things to hoard. But stop saying hoarding is useless for everyone. Not true!

 

I just loved that gadget so much I had to buy one. Here's what the surface of my coin looks like. What's that little man doing on it, is that an error?

 

So, how many reclamation centers have you contacted asking what they will pay for alloyed copper? I'll bet the answer is, "None!"

I spent two days calling every center in the state of Florida and got pretty much the same answer from every one......25% of the Grade A copper price.

Yes, I know it is illegal to melt pennies at this time, but my point is that if the day ever comes that it is legal, I just want to make sure that people have all the correct facts. You, sir, are just misleading everyone. I hope your hoard of copper pennies (if you have one) will make a good paper weight.

Chris

 

What about silver coins? People buy them up for their silver value all the time but it must also be illegal to melt them.

 

It's legal to melt them.