The US penny has been redesigned

Those of you who still use the penny as currency (rather than as a screwdriver or for scratching off lottery tickets) may soon notice America’s 1-cent coin has gotten a facelift.

The U.S. Mint has changed the design for the reverse -- or “tails” -- side of the 2010 Lincoln Cent, which entered circulation on Feb. 11 (everywhere but Puerto Rico, which received the new penny in late January). Michael White from the U.S. Mint says penny inventory is very high, however, so you may not see a new penny right away.

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Ah. Cool.

~String

 

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Looks like some kind of psuedo-patriotic, uninspired chuckie cheese token.

 

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It's a penny. The coin, itself, should be abolished. The dime of today is worth LESS than a penny from 1960. People got along FINE without a smaller denomination back then, we can do without a penny now.

~String

 

Pennies suck, no matter what the design.

 

Agreed- And if I'm not mistaken, most years it cost more than a penny to make a penny.

 

Pfft.

Talk about a complete, utter, and absolute waste of money !

Whatever absolute buffoon is responsible for this idiocy should be dragged intto the depths of a swamp, shot through the base of the and left to rot there.

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That's just because the Reserve has printed money out of thin air. And so many economists think its necessary... :wtf:

The Reserve should show more reserve.

 

I thought they would have at least put a picture of the space shuttle or the Hubble space telescope on the back. Not that piece of crap shield that looks awful.

 

Unfortunatly we do use the penny quite a bit today still.

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Can't think of anything that costs 1 cent anymore... ...mayhap there might still be a few penny gumball machines lurking out there in the backwater burgs of the Republic. I Don't think I ever bothered carrying pennies that didn't end up in my pocket by chance when I was given change for some purchase. Matter of fact, it's become a source of annoyance to be stuck behind some old fogey in a check-out line who insists on counting out exact change.
heh.

My sole use for them is tossing 'em in a can with other loose change to help pay the fee charged when I take a full can to a "CoinStar" machine to cash the rattling mess in for some "mad money".

Heck, you're actually paying ten bucks plus when you include the sales tax. Reminds me of the way they post gasoline prices here in the US with an extra 9/10 of a cent charge displayed via a smaller numeral 9 tacked on the end of the price.

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I hope they don't change the Dollar bill. They recently updated the 5, and now they no longer work in the bill changers on vending machines.

 

Is the metal its made of worth more than a cent?

http://news.bbc.co.uk/1/hi/magazine/4900524.stm

 

They shpuld get rid of all paper money and coins. Believe it or not this can be done very easily.

 

I don't think that is too far off. I make all my purchases using my debit card. It's so much easier than carrying cash. The only cash purchases I make are at the vending machines at work.

 

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it would definitely be an overall improvement.

 

You can't buy anything for a penny. They are rarely used during purchases. They aren't accepted by vending machines. They are given as change, and then end up in a jar someone's dresser.

 

Could be worse

Well, with any luck, they won't screw it up like the Chileans did:

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Whoops: The new 50-peso coin for the Republic of Chile.
(via BBC)​

A small number of Chileans are now unemployed for that one.
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Notes:

British Broadcasting Corporation. "Chile mint boss pays the price of coin spelling howler". BBC News Online. February 13, 2010. News.BBC.co.uk. February 27, 2010. http://news.bbc.co.uk/2/hi/americas/8511910.stm