penny

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Lincoln Penny Gets a Redesign
 Lincoln Penny Gets a Redesign 

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’...

Paulson Wants to Toss Pennies
 Paulson Wants to Toss Pennies 

Paulson Wants to Toss Pennies

Costs outweigh value of 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...

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