Snapple "Real Fact" US Penny

Jinx86

"Real Fact" #939
The penny was the first US coin to feature the likeness of an actual person.

Hmmm, which penny are they talking about, Lincoln? And is this true?

illini420

Snapple seems to not consider commemoratives as U.S. coins

Jinx86

Thats exactly what I was thinking.

RADZ

<< <i>"Real Fact" #939
The penny was the first US coin to feature the likeness of an actual person.

Hmmm, which penny are they talking about, Lincoln? And is this true? >>



Dumb new guy here but we don't have a "penny" it's a "cent", correct?

Bodin

<< <i>

<< <i>"Real Fact" #939
The penny was the first US coin to feature the likeness of an actual person.

Hmmm, which penny are they talking about, Lincoln? And is this true? >>



Dumb new guy here but we don't have a "penny" it's a "cent", correct? >>



Anything WIKIPEDIA prints must be true!

Welcome abord BTW!

410a

We as a nation never issued a "penny" it's always been a CENT. I don't drink Snapple and I never will so, I guess I won't be subjected to this nonsense. I just hate it when soda pop companies get it wrong!

lostincoins

RADZ you are correct and welcome to the board.

lkeigwin

Worn out talk about penny vs. cent. Penny is wrong...US Mint uses it all the time, Penny Whimsy is 70+ years old, most of America accepts it. Whatever.

I'm with Snapple and I think it's a fun fact.
Lance.

19Lyds

<< <i>We as a nation never issued a "penny" it's always been a CENT. I don't drink Snapple and I never will so, I guess I won't be subjected to this nonsense. I just hate it when soda pop companies get it wrong! >>

You know, IT DOESN'T REALLY MATTER because everybody knows what they are referring to and this insane stance of being ABSOLUTELY CORRECRT with regard to what this obsolete coin is called gets a bit unnerving.

Yes, the First US Coin to have a real person on it was the Lincoln cent/penny. And NO commemoratives don't count since "commemoratives" are considered non-circulating legal tender (NCLT).

coindeuce

"And NO commemoratives don't count since "commemoratives" are considered non-circulating legal tender (NCLT)."

Try coinvincing me that the Columbian Expo half dollars are considered non-circulating legal tender.
Whadda maroon.

BLUEJAYWAY

But we have the "Penny Lady".

lordmarcovan

<< <i>Worn out talk about penny vs. cent. Penny is wrong...US Mint uses it all the time, Penny Whimsy is 70+ years old, most of America accepts it. Whatever.

I'm with Snapple and I think it's a fun fact.
Lance. >>



But the Lincoln cent was first issued in 1909, so as illini420 pointed out, there were the Columbian half dollar, the Isabella quarter, and the Lafayette dollar commemoratives before that. And those were all "actual people", even if their portraits were engraved with considerable artistic license.

And we won't even bring up all the Hard Times and Civil War tokens which depicted actual people. (Since we choose to be specific and categorize them as "tokens", and not "coins", technically.)

Maybe you can ignore the hairsplitting over the penny-versus-cent nomenclature, or give 'em a pass on excluding commemoratives. But I'm not inclined to give 'em a pass on both.

They should choose more factual "facts" to feature.

EagleEye

If we include patterns, the Washington head two cent piece of 1863 would win.

Coinosaurus

The 1792 half disme is thought by some to depict Martha Washington. Similarly the early draped bust coins supposedly bear the portrait of Anne Bingham.

Not much documentation behind either of these assertions, this is all oral tradition which got put into print many years after the fact.

johnny9434

<< <i>RADZ you are correct and welcome to the board. >>

agreed

Treashunt

That us why "facts" is in quotes.

They make up the facts

410a

Probably one of the most used and accepted coins for commerce is the Columbian half dollars. I believe I have seen more of these worn from circulation than any other. Then of course the mintage helps. Put that in your Snapple and drink it.

ProofArtworkonCircs

Surplus Columbian half dollars were put into circulation at $0.50 each.

ricko

Welcome aboard Radz..... a penny for your thoughts..... Cheers, RickO

Kove

<< <i> And NO commemoratives don't count since "commemoratives" are considered non-circulating legal tender (NCLT). >>



First, I've got about 200 circulated commems that would disagree.

And second, to most people I know, the term "legal tender" that you use pretty much confers coin status on the item.

Jinx86

Wow glad to see my lunch drink has caused so much controversy.

I for count commens as circulating coinage.

Sorry, had to put more fuel on the fire.

Zoins

<< <i>"And NO commemoratives don't count since "commemoratives" are considered non-circulating legal tender (NCLT)."

Try coinvincing me that the Columbian Expo half dollars are considered non-circulating legal tender.
Whadda maroon. >>



Contemporary newspapers indicate that the Columbian halves were sold as NCLT



<< <i>Much of the press coverage at the time focused on the fact that half dollars would be sold for twice face value. The Colorado Sun commented, "The World's Fair people count upon making a good thing by selling their five million souvenir half dollars at premium. The Chicago propensity for speculating in futures cannot be restrained."[26] The Philadelphia Call concurred, "Perhaps the proposition to sell the 50¢ souvenirs at the World's Fair for $1 is an evidence of what visitors to Chicago may expect in the general increase in prices."[26] >>

Jinx86

The mint had issued them at face to the fair organizers, who as a private party were selling them at a premium. The mint received the left overs and put them into circulation



<< <i>The coins which had been impounded by the Treasury were offered for sale at face value beginning in October 1894 >>

Zoins

<< <i>The mint had issued them at face to the fair organizers, who as a private party were selling them at a premium. The mint received the left overs and put them into circulation



<< <i>The coins which had been impounded by the Treasury were offered for sale at face value beginning in October 1894 >>

>>



The Mint partnered with the fair organizers and it was the fair organizers that distributed to the coins to the public so from that perspective they were NCLT. This would be like partnering with banks, General Mills - Cheerios, or Walmart to distribute coins to the public for CLT.

For the coins offered at face by the Mint starting in 1894, my understanding is that the Mint did not plan to have leftovers so that was an unplanned "accident" and not as intended.

Zoins

<< <i>

<< <i> And NO commemoratives don't count since "commemoratives" are considered non-circulating legal tender (NCLT). >>



First, I've got about 200 circulated commems that would disagree.

And second, to most people I know, the term "legal tender" that you use pretty much confers coin status on the item. >>



Since both NCLT and CLT can be used for circulation, I'm not sure that's a good delineator. For CCHDs, many NCLT circulated during the Great Depression even if they weren't originally meant to based on sale price. Additionally, if any circulation is the bar for CLT, then it's been noted that some people do circulate modern proof state quarters and silver eagles.

I tend to use intended selling price. If the intended selling price was higher than face value than, the coin was intended to be NCLT.

For the Columbian half, my current view is that it was originally sold as and intended to be sold as NCLT, but the surplus was sold as CLT.