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Bizarre New Design Ruins Our 'Humble Penny'

opinion

Feb 19, 2010 1:42 PM CST

Bizarre New Design Ruins Our 'Humble Penny'

No more Lincoln Memorial? What a shame

(Newser) - The newly designed penny continues the long tradition of ugly-looking US currency, writes William Bostwick. The front of the 2010 cent looks generally the same, but the back now has a Union shield in place of the Lincoln Memorial. That's only "the most emotionally and socially charged building in...

Now 100, Lincoln Penny
Was First With 'Heads'

Feb 8, 2009 12:00 PM CST

Now 100, Lincoln Penny Was First With 'Heads'

'Monarchical' fears long prevented use of presidents

(Newser) - As Honest Abe's 200th birthday approaches, his likeness in our pockets is often disregarded. But the 100-year-old Lincoln penny is actually an American artistic milestone: Its debut marked the first appearance of a real person on a US coin, the New York Times reports. After the nation’s birth, putting...

IRS Notice Stuns
Lawyer: 'You Owe
Us a Penny'

Jan 3, 2009 1:10 PM CST

IRS Notice Stuns Lawyer: 'You Owe Us a Penny'

(Newser) - Washington may be loaning billions to automakers, but a Detroit lawyer? He has to pay an IRS bill of 5 cents, the Detroit Free Press reports. James Howarth was busy tallying the cost of paying his debt—which is "several hundred percent over the nickel," he said—...

Lincoln Penny Gets a Redesign

Sep 22, 2008 1:40 PM CDT

Lincoln Penny Gets a Redesign

Commemorative issue marks Lincoln's 200th birthday, and the coin's 100th

(Newser) - The US Mint today unveiled four new designs that will adorn the back of the Lincoln penny next year to commemorate the bicentennial of Honest Abe’s birth, CNNMoney reports. The classic portrait of the 16th president will remain on the heads side. The reverse will depict scenes from Lincoln’...

Paulson Wants to Toss Pennies

Feb 29, 2008 4:15 PM CST

Paulson Wants to Toss Pennies

Costs outweigh value of small change, but government has no plans to cash out

(Newser) - Henry Paulson sees little point in pennies and would stop their production if he could, the AP reports. “The penny is worth less than any other currency,” the Treasury Secretary said today in a radio interview. But a sea change in change isn't imminent: Paulson says he...