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<p>[QUOTE="cladking, post: 140139, member: 68"]The penny makes a great collectible and it would hurt collectors if it were withdrawn because prices would increase as attention was drawn to the denomination and collectors sought to finish their sets. I admit I'd be one of the first to profit as well since it would be the memorial cents and especially the zincolns that had the largest increases in demand. But neither of these reasons is a good reason to keep it or abolish it. Coins are supposed to be made for the purpose of fascilitating commerce and this coin has not fullfilled this fuction in more than 25 years. It is a drain on the economy and as such is hardly even a coin anymore since it lost its function and doesn't really circulate. </p><p><br /></p><p>It needs to go. They can make it for mint and proof sets until 2009 but it should not waste resources to sit in drawers and jars.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 140139, member: 68"]The penny makes a great collectible and it would hurt collectors if it were withdrawn because prices would increase as attention was drawn to the denomination and collectors sought to finish their sets. I admit I'd be one of the first to profit as well since it would be the memorial cents and especially the zincolns that had the largest increases in demand. But neither of these reasons is a good reason to keep it or abolish it. Coins are supposed to be made for the purpose of fascilitating commerce and this coin has not fullfilled this fuction in more than 25 years. It is a drain on the economy and as such is hardly even a coin anymore since it lost its function and doesn't really circulate. It needs to go. They can make it for mint and proof sets until 2009 but it should not waste resources to sit in drawers and jars.[/QUOTE]
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