New one cent coin?

[coolcash2004]

I heard somewhere that in 2009 a new penny will be issued. Is this true?

 

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[LadyDigger]

I guess so....here's a link to an article talking about it....thanks for the heads up....!!!

http://www.pennies.org/press_feb2500.html

 

[snake35]

I think that the one cent coin will be phased out soon.

 

[Joliet Jake]

"Legislation that would end production of the penny for general circulation has been recently introduced in Congress. The bill, known as the Legal Tender Modernization Act, was introduced July 17 by Rep. Jim Kolbe, R-Arizona."

(The link below is no longer about the penny act, but still pretty good for coin news)

http://coins.about.com/library/weekly/aa073001a.htm

 

[Proolio]

Redesign

In 2009 the cent will get a one-year, four-coin commemorative program marking the 100th anniversary of Lincoln being placed on the cent. This redesign was passed as part of the Presidential $1 Coin Act of 2005. In 2010, the cent will be completely redesigned, with a new, permanent design being released into circulation. Lincoln, however, will remain on the cent.


the link for the site is: http://www.answers.com/topic/cent-united-states-coin