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F e d e r a l R e s e r v e Ba n k OF DALLAS Dallas, Texas, October 16, 1959 To All Banking Institutions in the Eleventh Federal Reserve District: We have received a number of inquiries about the new Lincoln Cent, indicating that some people are under the impression that there is an error in the design of the Cent and that the coins will become valuable collector’s items. The Treasury Department has informed us that, contrary to such impression, there is no error in the design of the new Lincoln Cent. The small “ o” in the wording “ United States of America” is a part of a perma nent change in design which, by law, will remain in effect for the next twenty-five years. It will be appreciated if the tellers and other persons handling cash in your bank will, when the occasion arises, inform your customers that there is no foundation to the rumors that the new Lincoln Cent contains an error in design. FEDERAL RESERVE BANK OF DALLAS This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)