Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
What would happen to cent and five-cent coin values if the government decided to discontinue them?
>
Reply to Thread
Message:
<p>[QUOTE="Stevearino, post: 2668974, member: 74571"]A recent post on CoinForum gave the current cost to produce US coins. While down slightly from 2014, the cost of production and distribution is still more than face value for the cent and five-cent pieces. I'm very in touch with Norwegian coinage and over the past 45 years; they have done away with six lower-value denominations. Without trying to start a political conversation (not allowed, of course) the question is likely to be discussed by government officials under the new administration whether it would help the national debt to get rid of, at least, cent and five-cent coins.</p><p><br /></p><p>What do you think the long-term effect would be on Lincoln Memorial cents and Jefferson five-cent pieces (thinking of higher grade coins only)?</p><p>Steve[/QUOTE]</p><p><br /></p>
[QUOTE="Stevearino, post: 2668974, member: 74571"]A recent post on CoinForum gave the current cost to produce US coins. While down slightly from 2014, the cost of production and distribution is still more than face value for the cent and five-cent pieces. I'm very in touch with Norwegian coinage and over the past 45 years; they have done away with six lower-value denominations. Without trying to start a political conversation (not allowed, of course) the question is likely to be discussed by government officials under the new administration whether it would help the national debt to get rid of, at least, cent and five-cent coins. What do you think the long-term effect would be on Lincoln Memorial cents and Jefferson five-cent pieces (thinking of higher grade coins only)? Steve[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
What would happen to cent and five-cent coin values if the government decided to discontinue them?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...