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“Stop Making Cents” — NYT Magazine — 9/8/24
Creg
Posts: 1,685 ✭✭✭✭✭
I missed this article in the NYT Magazine back in September. Pardon me that it may it be old news to you. 
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More money is spent trashing the cent than it costs to make the cent. A long ago tired and beaten to death like an old horse topic, with my apologies to old horses.
Great idea for a Talking Heads Greatest Hits album cover.
I saw this as many bits and pieces of our familiar discussions here.
I got an old coin magazine from Oct 01 talking about the government dumping the cent. The saga continues 👎
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Wow, that's a long article. I wonder if at any point during their research the author learned that the U.S. Mint doesn't make pennies, and never has. ; )
There were several discussions about this on the forum recently, but the mods closed them all:
DOGE takes aim at the penny
Will efforts to change the composition or eliminate the Lincoln cent be successful this year?
What denominations would you choose for today’s coinage?
Nothing is as expensive as free money.
Tasty meme—Is this funny to me because it is so lame?
this article is much more thorough than a tweet and covers a lot of the debate points happening in other threads
Nothing is as expensive as free money.
Thanks, it is above T. Geisel’s publications.
Stop Making Sense... an album and film of the Talking Heads. Discuss...
Experience the World through Numismatics...it's more than you can imagine.
Will it happen this time now that Trump has said to get rid of it or does it have to go through Congress first? Not sure what the process is for those decisions. Even if the denomination stays can the executive branch decide how many or few to make?
Read the last page of the article. Sounds like the Sec of the Treasury can make the decision. Was all the posturing about Congress in the past just performative, when Congress wasn't needed at all?
Nothing is as expensive as free money.
The image of Abraham Lincoln on today’s American pennies was designed by Victor David Brenner, an acclaimed medalist who emigrated to the United States from Lithuania in 1890. Born Viktoras Barnauskas, Brenner had fled his native land after being persecuted for his Jewish ancestry.
He struck up friendships with various political leaders and had since become reknown and respected for his work in metrology and minting having also improved the mint presses from horses to steam.