Amoeblog


The New Lincoln Penny

Posted by Whitmore, February 12, 2008 09:37am | Post a Comment
In 2009 the cent, (most people refer to the one cent coin as a penny, but the U.S. Mint's official name is ‘cent’), will get a one-year, four-coin commemorative program marking the 200th anniversary of Abraham Lincoln’s birth, and the 100th anniversary of the first minting of the Lincoln penny. The redesign was passed as part of the Presidential $1 Coin Act of 2005, which also authorizes the production of collectible, numismatic versions of the cent coins containing the same copper content as the original pennies minted in 1909. The standard circulation penny issued will have a copper-plated zinc composition. The redesign of the reverse side, the former Lincoln Memorial 'tails' side, in 2009 will show four difference scenes from Abraham Lincoln's life: his birth and childhood in Kentucky, his formative years in Indiana, his professional life in Illinois, and finally his Presidency. Though not confirmed by the US Mint, there are likely to be at least 12 different versions of the 2009 Lincoln Cent: a circulation version of each of the four designs but with a "P" mint mark, a circulation version of all four designs but with the "D" mint mark, and of course the collector's version, likely proof sets, of all four designs. In 2010, the cent will be completely redesigned again, with a new permanent design being released into circulation, but still with Lincoln’s image. So start hording those old Lincoln Memorial cents, before you know it, they’ll be worth a fortune ... thousands of pennies will be worth tens of dollars!!!
 

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History (52), Abraham Lincoln (2), Money (4), Numismatics (1), American Culture (94), Holidays (92)