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No More Lincoln Cents? New Executive Order Tonight...

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  • BillJonesBillJones Posts: 34,773 ✭✭✭✭✭

    @GRANDAM said:
    Where do all the new coins go? EVERY bank in my area says they don't get any new coins,,,,, just rolls of mixed dates. :(

    That sounds good for roll hunters to me.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • ProofCollectionProofCollection Posts: 6,898 ✭✭✭✭✭

    @jmlanzaf said:
    Has anyone ever tried ordering from the distributors yourself? You may not like the cost but, if nothing else, you'd appreciate why other businesses are reluctant to underwrite your searching.

    Can you refer me to a distributor? I might give that a try.

    @TPring said:
    ...so when did it become the norm for restaurants to give tip suggestions with alcohol and tax included before figuring the tip? Tipping on taxes seems a bit overboard.
    Or are today's coders just not very knowledgeable?

    I think the restaurants asked for it to help their staff knowing that most consumers are not savvy enough to see this or like jmlanzaf, won't "quibble" about another 1.6%.

  • TPringTPring Posts: 79 ✭✭✭
    edited May 2, 2025 8:46PM

    @jmlanzaf said:

    @TPring said:
    ...so when did it become the norm for restaurants to give tip suggestions with alcohol and tax included before figuring the tip? Tipping on taxes seems a bit overboard.
    Or are today's coders just not very knowledgeable?

    1 An i really going to quibble with a server over 1.6%?

    Umm, its not from the server. It is coded into the software. Keep up.

  • Clackamas1Clackamas1 Posts: 1,494 ✭✭✭✭✭

    @jmlanzaf said:
    Has anyone ever tried ordering from the distributors yourself? You may not like the cost but, if nothing else, you'd appreciate why other businesses are reluctant to underwrite your searching.

    I use to know the guy who owned the Armored car company that did the Fed distribution for coins for Oregon and SW Washington. I would pay him 50% over face to cherry pick off the top of mint ballistic bags. I once bought an entire ballistic bag of 2008 D Lincolns, $5000 worth. He rolled them for me and I sold a bunch of them. I still have 55 $25 boxes of the 08-D's. I also got from him some rare 2009 D stuff (nickels dimes) at face. He sold the business to Garda.

  • CaptHenwayCaptHenway Posts: 32,710 ✭✭✭✭✭

    Is the Mint still striking cents from existing planchet stock?

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • messydeskmessydesk Posts: 20,289 ✭✭✭✭✭

    @TPring said:
    ...so when did it become the norm for restaurants to give tip suggestions with alcohol and tax included before figuring the tip? Tipping on taxes seems a bit overboard.
    Or are today's coders just not very knowledgeable?

    Especially when the tax is already 12%. Some compute the tip on the tax, some don't.

    My current beef is the "dishonesty surcharge", wherein the restaurant tries to sneak an additional 3% on to the bill because they're not honest enough to just raise the prices. Worse, they raise the prices and add the 3% as if they didn't.

  • MsMorrisineMsMorrisine Posts: 35,743 ✭✭✭✭✭

    @CaptHenway said:
    Is the Mint still striking cents from existing planchet stock?

    don't know if we've heard anything official.

    current table as of this date without them saying up to what the cutoff date is

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 35,743 ✭✭✭✭✭

    for comparison - 2024

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Morgan WhiteMorgan White Posts: 8,559 ✭✭✭✭✭

    @TPring said:
    ...so when did it become the norm for restaurants to give tip suggestions with alcohol and tax included before figuring the tip? Tipping on taxes seems a bit overboard.
    Or are today's coders just not very knowledgeable?

  • CaptHenwayCaptHenway Posts: 32,710 ✭✭✭✭✭

    THanks

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • rooksmithrooksmith Posts: 1,048 ✭✭✭✭
    edited May 24, 2025 9:35AM

    @Morgan White said:
    They need to get rid of the nickel and paper dollar also.

    All we need are 10c, 25c, $1 coins and $5, $20, $100 bills.

    The government loses money minting nickels, but makes money minting the dime. According to the chart above,

    Lincoln cent (1 cent): 4 cents
    Jefferson nickel (5 cents): 14 cents_

    IMHO it makes "cents" to get ride of both of them, and round things up to the nearest 10 cents.
    Also, after the penny, we should kill off the nickel and the dime. While were at i,t getting rid of the dollar bill would make the $1 coin useful. The 50c coin, while beautiful, is one big heavy coin to carry around. Maybe they should stop making them as well!

    Just get rid of the one cent coin for now, like Canada. There are plenty of them still in circulation.

    PS getting rid of the penny might also start of a wave of collectors. Penny for your thought? or a dime for your time?

    “When you don't know what you're talking about, it's hard to know when you're finished.” - Tommy Smothers
  • P0CKETCHANGEP0CKETCHANGE Posts: 3,027 ✭✭✭✭✭

    @MsMorrisine said:

    @CaptHenway said:
    Is the Mint still striking cents from existing planchet stock?

    don't know if we've heard anything official.



    “The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday.”

    https://apnews.com/article/us-mint-treasury-department-penny-end-production-daf6367d7e8d31d6783720d5d4667115

    Nothing is as expensive as free money.

  • messydeskmessydesk Posts: 20,289 ✭✭✭✭✭

    @rooksmith said:
    Just get rid of the one cent coin for now, like Canada. There are plenty of them still in circulation.

    PS getting rid of the penny might also start of a wave of collectors. Penny for your thought? or a dime for your time?

    Did it increase the number of collectors in Canada?

    It will make things simpler for the goob at the grocery store today who couldn't tell the difference between a penny and a dime when I checked out.

  • olympicsosolympicsos Posts: 889 ✭✭✭✭

    I am not against eliminating the cent, but I think the real reason why they are doing this now is because they want to close the San Francisco Mint and redevelop the site

  • ProofCollectionProofCollection Posts: 6,898 ✭✭✭✭✭
    edited May 24, 2025 1:07PM

    Maybe @dcarr will make a fantasy 2026 cent.

  • PeakRaritiesPeakRarities Posts: 4,537 ✭✭✭✭✭

    @olympicsos said:
    I am not against eliminating the cent, but I think the real reason why they are doing this now is because they want to close the San Francisco Mint and redevelop the site

    Im not really tracking here.....the SF mint wasnt making any cents for circulation, they were only producing a limited number of proof coins and commemoratives Also, the original historic SF mint (granite lady) was sold to the city of San Francisco for $1in 2003, and subsequently leased to the historical society .

    The "new" mint at 155 Herman street, constructed in 1937, is the one thats still operating and owned by the treasury, but like I mentioned they haven't produced circulation coinage for quite some time.

    Founder- Peak Rarities
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  • messydeskmessydesk Posts: 20,289 ✭✭✭✭✭

    @PeakRarities said:

    @olympicsos said:
    I am not against eliminating the cent, but I think the real reason why they are doing this now is because they want to close the San Francisco Mint and redevelop the site

    Im not really tracking here.....the SF mint wasnt making any cents for circulation, they were only producing a limited number of proof coins and commemoratives Also, the original historic SF mint (granite lady) was sold to the city of San Francisco for $1in 2003, and subsequently leased to the historical society .

    The "new" mint at 155 Herman street, constructed in 1937, is the one thats still operating and owned by the treasury, but like I mentioned they haven't produced circulation coinage for quite some time.

    The current operations at SF could be moved to P or D if they suddenly have additional capacity that comes with not having to make billions of pennies each year.

  • OnastoneOnastone Posts: 4,137 ✭✭✭✭✭

    Well...get rid of the cent, and the nickel, might as well get rid of the half as well....nobody uses them for transactions anyway. That leaves dimes, quarters, and dollar coins. (Only if they are serious about getting rid of waste.) And why do we really need so many versions of dollar coins anyway? Native American, Innovation, and the older President dollars, and Sacagawea's, and Susan B's... our coinage needs simplification period. Is anyone here collecting Innovation Dollars? Or Native Americans?

  • Alpha2814Alpha2814 Posts: 162 ✭✭✭

    @Onastone said:
    Is anyone here collecting Innovation Dollars? Or Native Americans?

    [Raises hand]

  • OnastoneOnastone Posts: 4,137 ✭✭✭✭✭

    @Alpha2814 said:

    [Raises hand]

    Okay, then we do need to keep collector coins, the NIFC coinage, the halves, the dollars, and the commemoratives.
    Also, in the pie chart, it shows the quarter costing 15¢ to produce...I wonder if that is including the costs of changing it's design every few months with new dies and designers...

  • olympicsosolympicsos Posts: 889 ✭✭✭✭

    @messydesk said:

    @PeakRarities said:

    @olympicsos said:
    I am not against eliminating the cent, but I think the real reason why they are doing this now is because they want to close the San Francisco Mint and redevelop the site

    Im not really tracking here.....the SF mint wasnt making any cents for circulation, they were only producing a limited number of proof coins and commemoratives Also, the original historic SF mint (granite lady) was sold to the city of San Francisco for $1in 2003, and subsequently leased to the historical society .

    The "new" mint at 155 Herman street, constructed in 1937, is the one thats still operating and owned by the treasury, but like I mentioned they haven't produced circulation coinage for quite some time.

    The current operations at SF could be moved to P or D if they suddenly have additional capacity that comes with not having to make billions of pennies each year.

    Philadelphia makes proof coins, they could always shift production back there. But I do think the San Francisco Mint must be kept and the other mints must be kept or reopened, these are national treasures and there is a source of local pride that comes with coins being made at these locations.

  • jmlanzafjmlanzaf Posts: 36,418 ✭✭✭✭✭

    @TPring said:

    @jmlanzaf said:

    @TPring said:
    ...so when did it become the norm for restaurants to give tip suggestions with alcohol and tax included before figuring the tip? Tipping on taxes seems a bit overboard.
    Or are today's coders just not very knowledgeable?

    1 An i really going to quibble with a server over 1.6%?

    Umm, its not from the server. It is coded into the software. Keep up.

    That's not my point. Keep up. My point is that I don't care about the 1.6% that (hopefully) goes to the server.

  • olympicsosolympicsos Posts: 889 ✭✭✭✭

    @Morgan White said:

    @olympicsos said:

    @messydesk said:

    @PeakRarities said:

    @olympicsos said:
    I am not against eliminating the cent, but I think the real reason why they are doing this now is because they want to close the San Francisco Mint and redevelop the site

    Im not really tracking here.....the SF mint wasnt making any cents for circulation, they were only producing a limited number of proof coins and commemoratives Also, the original historic SF mint (granite lady) was sold to the city of San Francisco for $1in 2003, and subsequently leased to the historical society .

    The "new" mint at 155 Herman street, constructed in 1937, is the one thats still operating and owned by the treasury, but like I mentioned they haven't produced circulation coinage for quite some time.

    The current operations at SF could be moved to P or D if they suddenly have additional capacity that comes with not having to make billions of pennies each year.

    Philadelphia makes proof coins, they could always shift production back there. But I do think the San Francisco Mint must be kept and the other mints must be kept or reopened, these are national treasures and there is a source of local pride that comes with coins being made at these locations.

    I think you misunderstood what they meant by pride in San Francisco.

    But there is a local pride and something special about an S mintmark that a P or D mintmark has less of.

  • coinbufcoinbuf Posts: 11,810 ✭✭✭✭✭

    @olympicsos said:
    But there is a local pride and something special about an S mintmark that a P or D mintmark has less of.

    What data or source can you link to prove this point?

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • jesbrokenjesbroken Posts: 10,572 ✭✭✭✭✭

    Wonder if we will be able to sell our pre 84 lincoln cents?
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • coinbufcoinbuf Posts: 11,810 ✭✭✭✭✭

    @jesbroken said:
    Wonder if we will be able to sell our pre 84 lincoln cents?
    Jim

    What is stopping you from selling them now?

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • OverdateOverdate Posts: 7,157 ✭✭✭✭✭
    edited May 25, 2025 9:09PM

    @jesbroken said:
    Wonder if we will be able to sell our pre 84 lincoln cents?
    Jim

    $50 bags of pre-1982 Lincolns are fetching $125 and up on eBay. That's close to their melt value of 2.87 cents each.

    They just can't legally be melted at the moment.

    My Adolph A. Weinman signature :)

  • jesbrokenjesbroken Posts: 10,572 ✭✭✭✭✭

    My bad, I meant melt for copper. Isn't that still illegal?
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • MsMorrisineMsMorrisine Posts: 35,743 ✭✭✭✭✭

    @jesbroken said:
    My bad, I meant melt for copper. Isn't that still illegal?

    yes, and the non-war nix

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Rc5280Rc5280 Posts: 522 ✭✭✭✭

    @Overdate said:

    @jesbroken said:
    Wonder if we will be able to sell our pre 84 lincoln cents?
    Jim

    $50 bags of pre-1982 Lincolns are fetching $125 and up on eBay. That's close to their melt value of 2.87 cents each.

    They just can't legally be melted at the moment.

    .
    There is no reason to go through the illegal hassle of melting them if they sell for near melt as is.
    They will remain legal tender and circulate for many years to come anyway.

  • olympicsosolympicsos Posts: 889 ✭✭✭✭

    @Rc5280 said:

    @Overdate said:

    @jesbroken said:
    Wonder if we will be able to sell our pre 84 lincoln cents?
    Jim

    $50 bags of pre-1982 Lincolns are fetching $125 and up on eBay. That's close to their melt value of 2.87 cents each.

    They just can't legally be melted at the moment.

    .
    There is no reason to go through the illegal hassle of melting them if they sell for near melt as is.
    They will remain legal tender and circulate for many years to come anyway.

    Then why aren't wheat cents circulating? I think there will be a premium for the 1959-1982 copper cents and I think the melting ban will be lifted.

  • olympicsosolympicsos Posts: 889 ✭✭✭✭

    @coinbuf said:

    @olympicsos said:
    But there is a local pride and something special about an S mintmark that a P or D mintmark has less of.

    What data or source can you link to prove this point?

    Why are coins with an S mintmark so popular?

  • jmlanzafjmlanzaf Posts: 36,418 ✭✭✭✭✭

    @olympicsos said:

    @coinbuf said:

    @olympicsos said:
    But there is a local pride and something special about an S mintmark that a P or D mintmark has less of.

    What data or source can you link to prove this point?

    Why are coins with an S mintmark so popular?

    Are they? Or are they just generally fewer of them.

  • SuzeSuze Posts: 28 ✭✭

    @olympicsos said:

    Then why aren't wheat cents circulating? I think there will be a premium for the 1959-1982 copper cents and I think the melting ban will be lifted.

    But they never lifted the ban on melting silver coins for profit, right? Is this different?

  • jmlanzafjmlanzaf Posts: 36,418 ✭✭✭✭✭

    @Suze said:

    @olympicsos said:

    Then why aren't wheat cents circulating? I think there will be a premium for the 1959-1982 copper cents and I think the melting ban will be lifted.

    But they never lifted the ban on melting silver coins for profit, right? Is this different?

    Silver coins do not circulate in commerce. The ban was instituted to prevent cents being sucked out of circulation.

  • jmlanzafjmlanzaf Posts: 36,418 ✭✭✭✭✭

    @olympicsos said:

    @Rc5280 said:

    @Overdate said:

    @jesbroken said:
    Wonder if we will be able to sell our pre 84 lincoln cents?
    Jim

    $50 bags of pre-1982 Lincolns are fetching $125 and up on eBay. That's close to their melt value of 2.87 cents each.

    They just can't legally be melted at the moment.

    .
    There is no reason to go through the illegal hassle of melting them if they sell for near melt as is.
    They will remain legal tender and circulate for many years to come anyway.

    Then why aren't wheat cents circulating? I think there will be a premium for the 1959-1982 copper cents and I think the melting ban will be lifted.

    Why aren't Buffalo nickels circulating? The obsolete coinage (wheat cents, Indian cents and Buffs, e.g.) don't circulate due to perceived collectibilty not intrinsic value.

  • johnny9434johnny9434 Posts: 29,180 ✭✭✭✭✭

    @jesbroken said:
    My bad, I meant melt for copper. Isn't that still illegal?
    Jim

    @jesbroken said:
    My bad, I meant melt for copper. Isn't that still illegal?
    Jim

    Last I knew yes but who knows now after this?

  • olympicsosolympicsos Posts: 889 ✭✭✭✭

    @jmlanzaf said:

    @olympicsos said:

    @Rc5280 said:

    @Overdate said:

    @jesbroken said:
    Wonder if we will be able to sell our pre 84 lincoln cents?
    Jim

    $50 bags of pre-1982 Lincolns are fetching $125 and up on eBay. That's close to their melt value of 2.87 cents each.

    They just can't legally be melted at the moment.

    .
    There is no reason to go through the illegal hassle of melting them if they sell for near melt as is.
    They will remain legal tender and circulate for many years to come anyway.

    Then why aren't wheat cents circulating? I think there will be a premium for the 1959-1982 copper cents and I think the melting ban will be lifted.

    Why aren't Buffalo nickels circulating? The obsolete coinage (wheat cents, Indian cents and Buffs, e.g.) don't circulate due to perceived collectibilty not intrinsic value.

    Memorial cents are obsolete and have been since 2008.

  • olympicsosolympicsos Posts: 889 ✭✭✭✭

    @Suze said:

    @olympicsos said:

    Then why aren't wheat cents circulating? I think there will be a premium for the 1959-1982 copper cents and I think the melting ban will be lifted.

    But they never lifted the ban on melting silver coins for profit, right? Is this different?

    They did lift it in 1969, but they first tried making it permanent without success

  • jesbrokenjesbroken Posts: 10,572 ✭✭✭✭✭

    Buffalo Nickels are circulating on my part, I've probably put a roll in circulation this year and have 5-6 more rolls to let go. Most have dates, some not. I've turned loose at least 10 1935 S Buffs out of a roll. I know at least one or two people will say what's this and maybe get interested. I hope so, anyway.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • CregCreg Posts: 831 ✭✭✭✭✭

    @olympicsos said:

    @coinbuf said:

    @olympicsos said:
    But there is a local pride and something special about an S mintmark that a P or D mintmark has less

    What data or source can you link to prove this point?

    There’s civic focus around Charlotte’s mint history, why not? One southern state’s culture prides mustard-based barbecue sauce.

    Why are coins with an S mintmark so popular?

    In the southeast we hardly saw them when we were kids. The specialness of the S mint mark has not disappeared for me.

  • olympicsosolympicsos Posts: 889 ✭✭✭✭

    @Creg said:

    @olympicsos said:

    @coinbuf said:

    @olympicsos said:
    But there is a local pride and something special about an S mintmark that a P or D mintmark has less

    What data or source can you link to prove this point?

    There’s civic focus around Charlotte’s mint history, why not? One southern state’s culture prides mustard-based barbecue sauce.

    Why are coins with an S mintmark so popular?

    In the southeast we hardly saw them when we were kids. The specialness of the S mint mark has not disappeared for me.

    Also the Granite Lady was the subject of two commemorative coins in 2006.

  • Morgan WhiteMorgan White Posts: 8,559 ✭✭✭✭✭

    @olympicsos said:

    @Morgan White said:

    @olympicsos said:

    @messydesk said:

    @PeakRarities said:

    @olympicsos said:
    I am not against eliminating the cent, but I think the real reason why they are doing this now is because they want to close the San Francisco Mint and redevelop the site

    Im not really tracking here.....the SF mint wasnt making any cents for circulation, they were only producing a limited number of proof coins and commemoratives Also, the original historic SF mint (granite lady) was sold to the city of San Francisco for $1in 2003, and subsequently leased to the historical society .

    The "new" mint at 155 Herman street, constructed in 1937, is the one thats still operating and owned by the treasury, but like I mentioned they haven't produced circulation coinage for quite some time.

    The current operations at SF could be moved to P or D if they suddenly have additional capacity that comes with not having to make billions of pennies each year.

    Philadelphia makes proof coins, they could always shift production back there. But I do think the San Francisco Mint must be kept and the other mints must be kept or reopened, these are national treasures and there is a source of local pride that comes with coins being made at these locations.

    I think you misunderstood what they meant by pride in San Francisco.

    But there is a local pride and something special about an S mintmark that a P or D mintmark has less of.

    Ok, jokes aside, I agree that SF has a certain cachet. The origin of which comes from the 09-s VDB phenomenon when people started plugging penny boards in the 1930's and SF coins we relatively scarce overall and almost never seen in the eastern US.

    That said, keeping the SF Mint open because of that is a non sequitur. The Carson City Mint closed in 1893 and has far more cachet than SF will ever have.

    The SF mint needs to be shut down and proof production moved back to Philadelphia where it was originally for the first 100+ years.

  • seanqseanq Posts: 8,733 ✭✭✭✭✭

    @P0CKETCHANGE said:
    @MsMorrisine said:

    @CaptHenway said:
    Is the Mint still striking cents from existing planchet stock?

    don't know if we've heard anything official.



    “The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday.”

    https://apnews.com/article/us-mint-treasury-department-penny-end-production-daf6367d7e8d31d6783720d5d4667115

    I didn't check my math but it makes sense that this is around 90 days after the first announcement, they probably had contracted commitments that covered the lead times for the raw materials before they could officially turn off the supply chain.

    Assuming their order covers the balance of this year's originally scheduled production, do you think the Mint might set some millions of blanks aside to continue coining cents for Mint and Proof sets into 2026 and beyond? Maybe a one-time production to close out the balance sheets and run out of any excess materials once they hit their quota? Or will they continue minting 2025 cents into 2026 to run out the balance, similar to the way silver coinage was discontinued? If that is the case, the 2025 cent may end up the most plentiful of the Shield series rather than the rarest.

    Sean Reynolds

    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
  • OverdateOverdate Posts: 7,157 ✭✭✭✭✭

    @seanq said:
    Assuming their order covers the balance of this year's originally scheduled production, do you think the Mint might set some millions of blanks aside to continue coining cents for Mint and Proof sets into 2026 and beyond?

    Sean Reynolds

    Or they could continue the series and revert to the pre-1982 bronze composition for mint and proof sets, like they did in 2009. And sell rolls to collectors at a premium, like they're currently doing for quarters and halves. Both options would be money makers for the Mint.

    My Adolph A. Weinman signature :)

  • Rc5280Rc5280 Posts: 522 ✭✭✭✭
    edited May 26, 2025 11:37AM

    @olympicsos said:

    @Rc5280 said:

    @Overdate said:

    @jesbroken said:
    Wonder if we will be able to sell our pre 84 lincoln cents?
    Jim

    $50 bags of pre-1982 Lincolns are fetching $125 and up on eBay. That's close to their melt value of 2.87 cents each.

    They just can't legally be melted at the moment.

    .
    There is no reason to go through the illegal hassle of melting them if they sell for near melt as is.
    They will remain legal tender and circulate for many years to come anyway.

    Then why aren't wheat cents circulating? I think there will be a premium for the 1959-1982 copper cents and I think the melting ban will be lifted.

    .
    They are circulating, just like the IH-1C, Buff-5C, and junk-Ag are still circulating, just not much anymore.
    When I find those coins via pockets or rolls, I set them aside for their perceived collectability and/or intrinsic value like many others do.
    There is a premium for the pre-'83-1C as mentioned above. Melting ain't happening anytime soon so I'll respectfully disagree.

    Remember this guy? ⇊ He's not the only one plucking the wheats, and in his case -- that's extreme!
    https://forums.collectors.com/discussion/819143/my-wheat-cents-hoard/p1
    .

  • coinbufcoinbuf Posts: 11,810 ✭✭✭✭✭

    @olympicsos said:

    @coinbuf said:

    @olympicsos said:
    But there is a local pride and something special about an S mintmark that a P or D mintmark has less of.

    What data or source can you link to prove this point?

    Why are coins with an S mintmark so popular?

    Once again what data or source can you cite/link to support your claim that a coin with an S mintmark is "so popular".

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • GRANDAMGRANDAM Posts: 8,751 ✭✭✭✭✭

    @coinbuf said:

    @olympicsos said:

    @coinbuf said:

    @olympicsos said:
    But there is a local pride and something special about an S mintmark that a P or D mintmark has less of.

    What data or source can you link to prove this point?

    Why are coins with an S mintmark so popular?

    Once again what data or source can you cite/link to support your claim that a coin with an S mintmark is "so popular".

    Why do so many people have to be so hard on a guy for making a simple statement. "S" mint coins HAVE always had a special status among collectors.

    GrandAm :)

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