HODGENVILLE, Kentucky — The first of four new pennies chronicling Abraham Lincoln's rise from a small Kentucky cabin are being put into circulation to honor the 16th U.S. president's 200th birthday.
The coin's front is unchanged but the reverse depicts a tiny log cabin, representing the one-room dwelling where Lincoln was born near Hodgenville, Kentucky.
The one-cent piece is being unveiled by the U.S. Mint as part of Lincoln's bicentennial celebration Thursday near his birthplace.
The remaining coins will be released later this year and show other phases of Lincoln's life: a young man reading while sitting on a log during his formative years in Indiana; Lincoln the state legislator speaking at the Illinois capitol; and the unfinished dome of the U.S. Capitol.
The new penny designs are really cool! However, I'm not sure where they will be much use other than as a collectors item (pennies ARE the most collected US coin). I mean, let's be realistic - in this economic climate, even $1 bills aren't very useful. I dunno, it just seems like a big waste of money to me.