The Reason for the 2017-P Cent
BuffaloIronTail
Posts: 7,547 ✭✭✭✭✭
People are still asking.................
According to Tom Jurkowsky, director of the United States Mint’s Office of Corporate Communications, the 2017-P Lincoln cent was minted in recognition of the Mint’s 225th anniversary on April 2. The addition of the “P” mintmark was an idea suggested by employees of the Philadelphia Mint. The coin was intentionally released without fanfare to gauge how long it would take before the public questioned the Mint about the authenticity of the novel 2017-P pennies. The mint-marked Philadelphia one-cent coins were shipped to Federal Reserve Banks in early January for distribution into general circulation.
Pete
"I tell them there's no problems.....only solutions" - John Lennon
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Yes sir... I believe that's the way it happened.
I picked up a couple in late January.... The local ice cream shop busted a roll in the 'take a cent/leave a cent' jars...Yes, I replaced them with other cents..
Cheers, RickO
Is there anyone from the General Population nervously entering into Coin Shops with this "rare" treasure? As a favor to the industry, perhaps an inflated offer of 2 or 3 cents would be advisable?
Come on, take one for the team.
Coin shops out here in Cali were getting a buck a piece for carded 2017-P cents last year. Not sure if they're still selling or not but I would assume so..
I imagine that 2017-P Cents are pretty scarce out there on the coast.
Still............they'll never be rare..........neat as a conversation piece, though.
Pete
that's what I have heard ron
They've had dozens of years to "gauge" the public's reaction to other series, like the $1 coins, etc..... doubt they ever do anything with the results, however, given their continued production & introduction of endless new series.
I, for one, coming from the Philly area, liked the mintmark-less coins of all denominations for several reasons. First, it's always been that way, and people/collectors know those are Philly coins. We don't need to advertise the fact. Second, it makes it a lot easier on those long-time collectors with failing eyesight to differentiate between mints. I'm sure everyone's had to pull out magnifying glasses or loupes on Roosies to figure out which is which.... do we really need that? Finally, why decide on the "P" on Lincolns to celebrate the 225th anniversary of the Mint? Why not the 250th or 300th?