An obituary on Wednesday about Frank Gasparro, designer of the reverse side of the Lincoln commemorative penny issued in 1959, included an outdated reference to the uniqueness of the design.
Correction: October 6 , 2001 Saturday An obituary on Wednesday about Frank Gasparro, designer of the reverse side of the Lincoln commemorative penny issued in 1959, included an outdated reference to the uniqueness of the design.
This isn't to say that the material worth of a coin's metal can't still exceed its face value; the rising value of zinc, for instance, meant that, last year, every new penny issued cost the U.S. Mint about 1.7 cents.
"Current conditions do not have any effect on your obligation to purchase Rohm & Haas," he wrote, and then outlined steps he thought the company should take, including cutting the dividend to a penny, issuing new debt and making an additional stock offering to raise capital.
Remember the idiom Penny wise pound foolish.It tells you how many times we do mistake of losing many higher opportunities in life, by wasting time on petty (penny) issues.
On the other side is an eagle patterned after the image on pennies issued a couple of years before the Civil War.
It will also be the 100th anniversary of the Lincoln penny, first issued in 1909.
A new coin, called the Awbridge silver penny, was issued in 1153 in an attempt to stabilise the English currency after the war.
The reverse design was taken from a half-penny token issued in 1816 as a memorial to Brock.
Fifty years later, his Lincoln Memorial design was chosen from 21 entries by mint employees for a new penny to be issued for the 150th anniversary of Lincoln's birth.
