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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: penny

penny stories: 4 news summaries

 Now 100, Lincoln Penny 
 Was First With 'Heads' 

'Monarchical' fears long prevented use of presidents

Feb 8, 09 12:00 PM CST
(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... More »

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history • Abraham Lincoln • US currency • 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... More »

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taxes • IRS • Detroit • tax refunds • penny • refund • tax liability

 Lincoln Penny Gets a Redesign 

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

Sep 22, 08 1:40 PM CDT
(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’... More »

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money • Abraham Lincoln • US Mint • penny • commemorative coin • legal tender • bicentennial

Paulson Wants to Toss Pennies

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

Feb 29, 08 4:15 PM CST
(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 has... More »

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Henry Paulson • Treasury Department • US currency • US Mint • pennies • penny • metal prices

4 Stories


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