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 Replies: 97 / Views: 11,558 |
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Valued Member
South Africa
331 Posts |
Well I am a South African not American but I will add my 2 cents lol. Here we don't have the 1 and 5 cent anymore oh and 2 cent. I collect US coins and when the coins starts to be taken out it will be a sad day. I LOVE your coinage and to loose any of them will be history lost! But it will eventually go out everyone knows it, but the question is at what rate? |
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Moderator
 United States
188660 Posts |
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I say get rid of all sub-dollar coins except dime and half. Get rid of paper dollars and find a dollar coin we can be happy with. We may also need the equivalent of a "Twooney", and I would have no problem with a $5 coin and the smallest paper bill being a $10.
I would not oppose this.  |
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Valued Member
United States
452 Posts |
The cent is obsolete despite the fact that they're still produced. When people drop them, most times they don't even bother exerting the effort of picking them back up. It would be more efficient to do away with the copper plating and just strike the zinc and be done with it. They're handed back in change once and then disappear quicker than one sock in the dryer anyway.
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Pillar of the Community
United States
790 Posts |
From a practical POV, they should probably do it. But of all our past presidents, Lincoln especially deserves a coin, so we'd need to come up with something.
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Moderator
United States
54282 Posts |
The current Lincoln cents will eventually disappear by themselves due to "zinc rot".
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Pillar of the Community
United States
705 Posts |
Personally, I am all for getting rid of it for the reasons others have stated. While we're at it, eliminate the dollar bill too(switch to the dollar coin). Both are wastes of taxpayer money in the long term.
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Moderator
United States
188660 Posts |
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From a practical POV, they should probably do it. But of all our past presidents, Lincoln especially deserves a coin, so we'd need to come up with something. Put him on the new five dollar coin.  Quote:
Personally, I am all for getting rid of it for the reasons others have stated. While we're at it, eliminate the dollar bill too(switch to the dollar coin). Both are wastes of taxpayer money in the long term.  |
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Valued Member
Canada
458 Posts |
got rid of them in canada
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Valued Member
United States
493 Posts |
I haven't heard anything about the penny going anywhere, wait. Maybe.. not. I heard at the bank that the penny war season is heating up or starting to come around. I'll be getting stocked up on boxes for sorting in the wintertime when it's cold out and nowhere to go during snowstorms. We didn't get rid of the canadian penny down here on the topmost states, I still find about 6-10 of them in a $25 box.  https://www.washingtonian.com/2016/...m-its-floor/http://www.pennies.org/Edited by everything
10/02/2016 02:11 am
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Pillar of the Community
United States
705 Posts |
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got rid of them in canada Bigchip - Just curious, how is it working out up there? Thanks |
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Moderator
United States
188660 Posts |
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got rid of them in canada Quote:
Bigchip - Just curious, how is it working out up there? Thanks As far as I know, just fine. They are also doing just fine with their one and two dollar coins in circulation.  |
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Valued Member
United States
110 Posts |
Get rid of the zinc one cent coin! It is an abomination upon the land! Go back to making the copper cent for the annual US Mint products. Phase out the one dollar linen bills, replace it with all those tons of one dollar coins that are just sitting in bank vaults. So I can go into a saloon with a fistful of Sacagaweas and slam them on the bar and shout,"Give me a whisky!" The nickel can stay for now. I would keep the Kennedy half for the US Mint sets as well. A five dollar coin sounds interesting. |
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Moderator
United States
188660 Posts |
mvl9591 |
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Pillar of the Community
Canada
5324 Posts |
Nobody really misses the penny here plus the 1 and 2 dollar bills, most companies surprisingly has rounded down the final price at the tills.
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Moderator
United States
188660 Posts |
It makes sense to round down. The vendor is already saving money by not having to pay the electronic payment transaction fee, so they might as well kick that one to four cents back to the customer.
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Replies: 97 / Views: 11,558 |
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Posted 09/28/2016 11:33 am
