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V15 2012 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 15, Number 36, August 26, 2012, Article 18

CANADA ISSUES COMMEMORATIVE HONORING THE LAST CENT

Dick Johnson submitted these thoughts on Canada's new commemorative medal. Thanks! -Editor

Canadian-2012-20-Silver-Farewell-to-the-Penny-Commemorative-Coin The Canadian Mint has struck a medal -- in silver! -- to honor the last Canadian cent struck this year, 2012. Canadian cent collectors should add this medal to their collection. Too bad it won't fit in a cent album made especially for this series.

In 2006 I prognosticated the U.S. Cent series would end in 2009 with the hoopla of the four cent reverses celebrating the last year a U.S. cent would be issued. But U.S. Treasury officials are too stubborn (or too d__b) to recognize that the U.S. cent should be abolished like Canada has done. My prediction was wrong-- of course -- but it is still inevitable the U.S. cent is no longer a viable function in the American economy.

Here is what I wrote in 2006 (The E-Sylum vol 9, no 18, art 19):

To make a spectacular departure from America's family of denominations, the 2009 Lincoln cents with four reverses should be struck in something special -- perhaps precious metals -- silver and gold! Imagine the charm of a silver cent and the uniqueness of a gold penny! Each with four different reverses. THESE coins should be the commemorative cents. These could be coins with a surcharge. These could be sold to collectors for the spectacular final issuance of Lincoln cents. Those commemorative cents -- in silver and gold -- would fit in a collector's album. And what a stunning climax for the end of the series. The Lincoln Cent in Silver and Gold.

Meanwhile here is how the Canadian Mint celebrated the demise of their cent coin: Canadian 2012 $20 Silver Farewell to the Penny Commemorative Coin at Face Value (www.silvercoinstoday.com/canadian-2012-20-silver-farewell
-to-the-penny-commemorative-coin-at-face-value/107202/)

THE BOOK BAZARRE

RENAISSANCE OF AMERICAN COINAGE: Wizard Coin Supply is the official distributor for Roger Burdette's three volume series that won NLG Book of the Year awards for 2006, 2007 and 2008. Contact us for dealer or distributor pricing at www.WizardCoinSupply.com .


Wayne Homren, Editor

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To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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