‘Honest Abe’ coin costs a pretty penny

Bob Moon Jul 24, 2009
HTML EMBED:
COPY

‘Honest Abe’ coin costs a pretty penny

Bob Moon Jul 24, 2009
HTML EMBED:
COPY

TEXT OF FINAL NOTE

Bob Moon: Time to cash it in, I guess. But let me just throw my two cents in on this. I read this week that so many people have been scraping up all the spare change they’ve accumulated, bank vaults around the country are brim full of pennies. Seems in these hard times a lot of Americans are pinching every cent they can find.

[Music: Louis Prima singing “Pennies from Heaven:” “Every time it rains, it rains / Pennies from heaven / Shoobie-doobie / Don’t you know each cloud contains / Pennies from heaven / Shoobie-doobie.”]

The flip-side of the coin is, it seems casual collectors are having a devil of a time finding many of the freshly minted “Lincoln Bicentennial” pennies being released this year. That’s apparently because the banks have no need to order and circulate many new pennies.

If you’ve just got to have some of those new “Honest Abe” pennies, you can order some directly from the U.S. Mint. But it’ll cost you, yup, a pretty penny — $8.95 for two rolls for 50 cents. Oh, plus $4.95 shipping and handling. Such a deal.

[Music: Louis Prima . . . “There’ll be pennies from heaven / For you and me.”]

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.