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V29 2026 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 29, Number 30, 2026, Article 24

LOOSE CHANGE: JULY 26, 2026

Here are some additional items in the media this week that may be of interest. -Editor

Common Cents Act Passes House

In the maybe-better-late-than-never department, Coin World reports that the U.S. House of Representatives voted on an act to formally discontinue the minting of cents for circulation. -Editor

Lincoln cents in jar It looks like we might finally have an answer regarding the future of our 1-cent "penny." On July 14, the House of Representatives voted to end production of the denomination once and for all…well, not exactly. House bill HR 3074 ("Common Cents Act") allows production of the denomination to continue, but only as a collector's item. This mirrors the end of production of the Trade Dollar; a coin struck for circulation through 1878 but struck in Proof only between 1879 and 1885.

The legislation also imposes a federally mandated rounding rule through which cash purchases would be rounded up or down to the nearest five cents when exact change isn't available. This is called Swedish Rounding in other countries; it was introduced in Sweden first. Payments made using any non-cash method will continue to be calculated to the exact cent, something of importance especially when calculating sales tax.

The legislation (which would still need to be passed by the Senate) also authorizes the Treasury to begin minting a less expensive zinc-based five-cent coin. -Editor

To read the complete article, see:
The Penny Isn't Going Away—But It's Changing (https://www.numismaticnews.net/the-penny-isnt-going-away-but-its-changing)

National Bank Note tapestry Crystal Bridges Museum of Art Tapestry of a National Bank Note

On the National Bank Note Collectors Facebook group, Dave Sorrick posted an image of a "tapestry of a National Bank note from the Exchange Bank of Seneca Falls, NY is on display currently at Crystal Bridges Art Museum in NW Arkansas!" Cool.

Below is a rotated photo for easier reading. -Editor

To read the complete post, see:
https://www.facebook.com/groups/
nationalbanknotecollectors/
permalink/2111278479518340/

  National Bank Note tapestry Crystal Bridges Museum of Art
    White spacer bar
  Video: Engaging School Groups with Numismatics

Here's a video presentation by Prof. Clare Rowan from the UK's Money & Medals Network about engaging school groups on numismatic topics. -Editor

Coins are durable, tactile, and visually engaging, making them a powerful resource for educational outreach. In this session, Prof. Clare Rowan will share practical strategies for engaging school groups with ancient coins, drawing on work undertaken with the University of Warwick's coin collection.

The talk will explore coins included on the A-level syllabus in England, how these serve as entry points for broader engagement, and adaptable methods that can be applied across different time periods and collections.

Coin Talk is a regular online talk hosted by the Money & Medals Network, presenting different element of numismatics from the basics to the more advanced.

 

To watch the complete video, see:
Engaging School Groups with Numismatic Collections (Prof. Clare Rowan) (https://youtu.be/K_jsxAY771w?si=ZAeWHurjQRMjWCtQ)

Video: Why are Byzantine Coins SO UGLY?

I couldn't resist the title of this video from Classical Numismatics. -Editor

The Byzantine Empire was a highly advanced society, yet their coinage is considered ugly when compared to the coins of the earlier Roman Empire. Let's analyse the reasons for it.

 

To watch the complete video, see:
Why are Byzantine Coins SO UGLY? (https://www.youtube.com/watch?v=asIJQbFiJCk)



Wayne Homren, Editor

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The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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