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