Are Lincoln Cents Worth Hoarding? What Coin Dealers Really Think скачать в хорошем качестве

Are Lincoln Cents Worth Hoarding? What Coin Dealers Really Think

The Lincoln Cent, a mainstay of American currency since 1909, is slated to end production in 2026. This decision stems from a combination of economic and practical considerations. Chief among them is the fact that it now costs more to produce a penny than its face value—largely due to rising material and manufacturing costs. Additionally, the penny’s purchasing power has drastically diminished over time, making it increasingly irrelevant in everyday transactions. The U.S. Mint and lawmakers have also cited the inefficiency of continuing to circulate a coin that sees limited use while generating millions in annual losses. Though sentimental value and historical significance make the Lincoln Cent a beloved coin among collectors and the public, practical realities have prompted its retirement as the nation modernizes its currency system. #lincolncents #coincollecting #copperpennies Would you like to own my cool roll hunting mat? Buy one here: https://www.ebay.com/itm/285156550858 https://www.ebay.com/itm/285156553431 Check out my merchandise as well:    / @thecollectorofcoins   I post several new videos weekly so please subscribe if you wish to see more. Want to become a channel member and receive perks?:    / @thecollectorofcoins   Sources: PCGS Coin Facts Website: https://www.pcgs.com/coinfacts (c) Collectors Universe, Inc. Professional Coin Grading Services (PCGS) is a division of Collectors Universe, Inc. FTC Disclaimer: This is not a sponsored video. This video or the giveaways are not affiliated nor endorsed by YouTube in any way. All items in our contests and giveaways were either purchased by us or given to us to use in said contests and giveaways. Contests and Giveaways on this channel are held in accordance with YouTube Community Guidelines and YouTube Terms of Service. Any entries not following the YouTube Community Guidelines will be disqualified. Personal data sent to us is for the sole purpose of sending the item(s) won and will not be shared with any third party nor used for any other purpose. Contests and Giveaways are void where prohibited. #coinrollhunting, #coincollecting, #coincollector, #coindealer, #coinshows, #coinappraisal, #errorcoins, #gradedcoins, #oldcoins