My grandmother, before her death, lived in Hodgenville, Kentucky. Hodgenville is the place where the new penny will be unveiled. The new penny chronicles the beginnings of Abraham Lincoln.
As the Associated Press reports, the new Lincoln Penny will be shown for the first time at the National Park Service’s Abraham Lincoln Birthplace National Historic Site in Hodgenville, Kentucky, on Thursday, February 12, 2009.
This is the first change in 50 years when the penny changed from the “wheat” style.
This penny will show no change on the front but will reflect Lincoln’s early history on the back. This first one will show a log cabin representing his birth.
There will be three additional pennies released and they will have different scenes on the reverse including his formative years in Indiana, his professional life in Illinois and his presidency in Washington D.C.
The Lincoln “Wheat Penny” was the excitement in coin collecting in the early 1960’s. It had a picture of President Lincoln on the front and the words “one cent” on the back with stalks of wheat around the circle of the coin. These pennies were worth anywhere from 3 cents to $575 for the ever-elusive 1909-S VDB.
As a paperboy I had access to plenty of coins so it made sense to collect them and while I never made a, if you’ll excuse the phrase, penny, I had a ton of fun.
This current coinage minted reflects what coins are all about.
Coins display the history of our country. In addition to celebrating historic figures and their lives, the coins reflect what is going on around us.
During the last few decades it became popular to mix the metals of coins rather than using straight silver and copper.
It is actually interesting to study what people are on our coinage. Lincoln of course is on the penny.
On the next coin or the five-cent-piece called the nickel there is a picture of Thomas Jefferson. The dime carries Franklin Roosevelt and the quarter our first president George Washington.
Finally, you can find fifty-cent pieces and they have a picture of John F. Kennedy. These coins were initially horded out of sympathy and empathy.
All of these people haves stood the test of time with respect to their impact on our country.