The small cent .....

Discussion in 'Coin Chat' started by SensibleSal66, Nov 24, 2020.

  1. SensibleSal66

    SensibleSal66 Well-Known Member

    Several years ago, I heard the Gov. was going to try to do away with the Cent . Does anyone remember that ?
    Anyways, what would the economy be like and what would this website be like without all the Lincoln posts ? I like them don't get me wrong. Just Curious .
     
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  3. Railguy

    Railguy Active Member

    I'm in canada ours went in 2012.but people here still collecting them.i got some today delivered right to the house.i bought canada and usa 230 lbs .7000 are wheats.but most are canadian. I think after a few added bucks around 34,000.lol
     
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  4. paddyman98

    paddyman98 Let me burst your bubble! Supporter

    There are trillions of Lincoln Cents in circulation.
    The questions here on CoinTalk will never end!
    Even of they decided to stop minting them.
     
    Last edited: Nov 24, 2020
    Sley, Histman, Inspector43 and 2 others like this.
  5. kanga

    kanga 65 Year Collector Supporter

    I was in Australia in 1994 and they had already discontinued their 1¢ coins.
    I believe that country is still in good shape -- except for fires.
     
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  6. QuintupleSovereign

    QuintupleSovereign Well-Known Member

    The major irritant for me would be the difficulty in extracting interest income from my bank; many times, it only amounts to a few cents, due to the recent decline in rates.
     
  7. Sley

    Sley Member

    20201123_210113.jpg I have many Lincoln double mint cents. This image in particular, was labeled also, as a "double profile", by my grandparents. I'm a new member, so If I posted to the wrong thread, just point me in the proper direction.
    Thank you.
     
  8. John Burgess

    John Burgess Well-Known Member

    every year the "doing away with the cent" is passed around since at least 1974 and probably before then also.

    Don't count on it happening anytime soon. They could go back to steel core and copper plating like they do now, instead of galvanized with zinc like they did before and bring cost down to below 1 cent if they really wanted to lower the cost.
     
  9. paddyman98

    paddyman98 Let me burst your bubble! Supporter

    That's called a RPM - Repunched Mint Mark
    Start your own separate unique thread. Try the Error Coins forum.

    Welcome to CoinTalk
     
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  10. manny9655

    manny9655 Well-Known Member

    If they do away with the one cent coins, does anyone see a possible return of the 2-cent piece? I think maybe.
     
  11. Sley

    Sley Member

    Here is a better image of another double profile of Lincoln. Does anyone have any ideas
    Ok, thank you
     

    Attached Files:

  12. paddyman98

    paddyman98 Let me burst your bubble! Supporter

    That would be just MD - Mechanical doubling.
    That's considered worthless doubling.

    So in the future start a new separate thread. Putting something not related to the topic in question is considered hijacking a thread.
     
  13. Sley

    Sley Member

    Ok. I get it now. Thanks
     
  14. Conder101

    Conder101 Numismatist

    As far as I know the US government has never said they wanted or planned to do away with the cent. Individuals may have said something like that, and lots of people in the general public say it should be done away with, but I think that unfortunately we will still be stuck with it for some time to come.

    Afterall the government is big on spending so spending 2 cents to make every cent is right up their alley.
     
  15. SensibleSal66

    SensibleSal66 Well-Known Member

    That makes sense . ;)
     
  16. Corn Man

    Corn Man Well-Known Member

    I would prefer copper plated steel cents. Finaly i can find steel cents in coinrolls because the machines will stop sorting them with a magnet
     
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