New Lincoln penny designs revealed
i understand the importance of honoring Honest Abe, but this is not worth our time.
first of all, i would like to point out that our coins are becoming near indistinguishable beyond their size and color. starting in 2000 with the addition of the Sacagawea gold dollar coin and going through 2016 with the final presidential dollar coins added, we will have a minimum of 102 coins added to our pocket change. there have been no new values added, but there have been 50 new quarter designs, 6 new nickels, at least 45 gold dollars (by 2016) - and now this Lincoln commemorative penny. why is that the slightest bit necessary? anyone who has immigrated to the U.S. in the last few years has to be extremely confused by our currency. it's almost like our coins have turned so insignificant that we're just playing games with them.
secondly, it currently costs something like 1.7 cents to make a penny, so what on earth is the need for the added cost of producing new cents? we ought to remove them from our currency system entirely and round everything up or down to .05 - no way it's beneficial to add to the coin. again, i understand that 200 years ago one of our greatest presidents, Abraham Lincoln, popped out in a log cabin somewhere, but we ought to be able to come up with another way of honoring the guy than a new form of a meaningless coin - he'll already be getting his own dollar coin in 2011 - but i suppose thats not really an honor...especially if guys like LBJ, Nixon and everyone's favorite president Millard Fillmore also get coins. heck, grover cleveland gets TWO for being the 22nd and 24th president.
if this is going to happen, they should at least add a top hat to his profile.
thats all i have to say about that.