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- e-letters (January 31, 2017) We asked: Do you feel threatened by counterfeit coins? I cannot know how it would feel to find out that I purchased a counterfeit coin. Other than the expense, I imagine that the disappointment would be a great concern. The hobby is aware of the counterfeit problem. Since my major interest is collecting modern U.S. coins, ...
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Tag Archives: cent
Numismatists know that a coin does not have to be old to be interesting. A good number of interesting and attractive coins were struck in 2009. Continue reading
Am I in favor of the abolition of the U.S. cent? I was asked a form of that question in a second email from a Washington correspondent of a world news organization. Continue reading
A second example of a rare large cent variety not seen by collectors since a guide to them was compiled in 1883 was reported by Virginia collector Henry Hettger. Continue reading
Even a copper-plated steel composition can’t save the 1 cent coin in Canada from rising costs. The government decided to pull the plug on the lowly denomination and announced its decision March 29 as part of its 2012 Economic Action Plan. Continue reading
Canada’s decision to eliminate its small cent 92 years after it gave up its large cent probably means that there will be increased pressure on the U.S. Treasury and perhaps Congress, to take a fresh look at the elimination of a denomination whose history goes back to Thomas Jefferson’s “Notes on Coinage” (1786) and Hamilton’s “Report on the Establishment of a Mint” (1791). Continue reading
If the U.S. cent will hang on just a few years longer, I will be able to someday claim that I spent an entire career periodically writing about the coin’s potential demise. Continue reading
While I was on an automobile trip across Wisconsin to Minnesota, I stopped for gas. Anybody who pays to fill up a motor vehicle these days certainly thinks that the gold standard advocates have a point. A more stable monetary system might preclude some of the price shocks that we all seem to be experiencing for gasoline and other things that we must buy regularly. Continue reading
Is public support for the cent waning? CNN, the TV network and internet news gatherer, put a poll out over Presidents’ Day weekend asking if the cent should be eliminated. While not scientific, with over 140,000 responses, the results were that about 60 percent favor the coin’s demise. Continue reading