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December 2, 2008 9:58:29 PM CST


penny

penny news stories

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 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’s life, from his humble beginnings to service as an Illinois state senator. More »

More about:  money Abraham Lincoln US Mint penny commemorative coin

Paulson Wants to Toss Pennies

Costs outweigh value od 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 has bigger challenges to tackle in the last year of the administration. More »

More about:  Henry Paulson Treasury Department US Mint US currency metal prices penny

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