Tuesday, March 10, 2009

How much would you pay for a penny??


The U.S. Mint released the first in a series of 4 new pennies on Lincoln's 200th Birthday, Feb. 12. I've been watching my change like a hawk to see if I could spot one, but after nearly a month still haven't seen one.

After chatting with some fellow Lincoln enthusiasts at the Indiana Abraham Lincoln Bicentennial Commission meeting last week, I found out none of them have seen them either.

Several coin collector websites say that these new pennies will in fact be quite rare and may not ever make it into the general coin circulation. In part because of the current economic state, people are spending less money, so less money is being released by the Mint. It seems people are digging through their couch cushions turning in more change than banks need right now.

We all know there is one place to find anything you're looking for...EBAY!

After a brief bidding war, I paid $20 for a 50 cent roll of pennies. Talk about inflation!

Spencer County will be the site for the release of the second penny in this series. A special event will be held May 14 in Lincoln City. Details are still being worked out, so stay tuned!

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