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Get Rid Of The Penny?

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nod2003's Avatar
United States
3294 Posts
 Posted 11/20/2008  08:48 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
Sure, steel
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biokemist6's Avatar
United States
12437 Posts
 Posted 11/20/2008  11:39 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Copper plated steel- same as Canadian cents and Euro 1,2, and 5 cent coins
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manila galleon trade's Avatar
Spain
1361 Posts
 Posted 11/20/2008  11:58 am  Show Profile   Bookmark this reply Add manila galleon trade to your friends list Get a Link to this Reply
a penny drop is not worth bending for pickup. But I do bending just to pick up coins whatever value.
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Conder101's Avatar
United States
17884 Posts
 Posted 11/20/2008  1:24 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Copper plated Aluminum would be cheaper as well. It's cost per pound is higher than zinc, but you can strike more than three times as many cents from a pound of aluminum than you can from a pound of zinc.

The problem is the manufacturing cost is rising as well and eventually it will cost more than a cent apiece to make them even if the material was free.
Valued Member
Big-byte's Avatar
United States
122 Posts
 Posted 01/14/2009  3:09 pm  Show Profile   Bookmark this reply Add Big-byte to your friends list Get a Link to this Reply
Quit minting these goofy things. Forbid them in commerce. Round to nearest nickel. Everybody will be pleased except the copper mines and congressmen from Illinois. To satisfy the congressmen, they can put Lincoln on the dime. FDR has had his run. We collectors can still keep collecting the cents. Then we can start thinking about getting rid of nickels.
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Big-byte's Avatar
United States
122 Posts
 Posted 01/14/2009  3:24 pm  Show Profile   Bookmark this reply Add Big-byte to your friends list Get a Link to this Reply
Aluminum coins would be disgusting. The USA is too classy for that trash. What a cheap image that would be!
Valued Member
United States
284 Posts
 Posted 01/14/2009  3:55 pm  Show Profile   Bookmark this reply Add christian_cyclist to your friends list Get a Link to this Reply
Aluminum is great stuff. We use it more than we think and it's plentiful. From bikes, to wheels, to foil, to electrical components... it's out there. Only problem that I can see with aluminum is that it does fatigue and it does break. I'm not sure how durable the coin would be.

Now, I'm not trying to defend the penny. I also agree... get rid of it. I'm just defending aluminum. :-)

-- Boris
Edited by christian_cyclist
01/14/2009 3:56 pm
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Big-byte's Avatar
United States
122 Posts
 Posted 01/14/2009  4:03 pm  Show Profile   Bookmark this reply Add Big-byte to your friends list Get a Link to this Reply
I have nothing against aluminum, except for flimsy coins. Have you ever gotten any of those from the Caribbean islands? When you see them, you want to throw them away.
Valued Member
United States
284 Posts
 Posted 01/14/2009  4:13 pm  Show Profile   Bookmark this reply Add christian_cyclist to your friends list Get a Link to this Reply
I have some aluminum Italian, Hungarian, and Yugoslavian coins. You're right, they do feel "cheap" but only because they are so light. Then again, I'm sort of used to handling aluminum so it feels right to me. Anodized aluminum can have a really neat look. Some cyclists strip the paint off of their frames just to get them anodized.

Perhaps a flimsy feeling penny will be the turning point of getting rid of it?

-- Boris
Rest in Peace
pls's Avatar
United States
1729 Posts
 Posted 01/15/2009  12:40 pm  Show Profile   Bookmark this reply Add pls to your friends list Get a Link to this Reply
I can readily agree with MrCanada's comment that using cents as change is a nuisance. Just try giving most 16-year-old clerks a five and Two Cents for a $4.02 purchase and then watching their faces as they try to do the math in their head (ignoring the fact that nearly all modern cash registers will do it for them). Recently, I had to show one little girl how to count change back while her co-worker was standing right beside her. I don't think she got it ... but at least I tried my bit to further her education.

Aluminum? Italian coins are rather handsome, but then most of them are larger than cents. French coins look as if they've been minted through wax paper. Most low-denomination aluminum coins simply don't look like serious cash to me. Some copper-aluminum alloy coins don't look too bad, however; they seem to show details rather nicely.
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novillero's Avatar
United States
290 Posts
 Posted 01/15/2009  12:57 pm  Show Profile   Bookmark this reply Add novillero to your friends list Get a Link to this Reply
Where is the option for a sound fiscal policy that does not devalue the money?
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yotie's Avatar
United States
3077 Posts
 Posted 01/15/2009  1:14 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
you don't know our congress very well do you?











<edit for speelin>
Edited by yotie
01/15/2009 1:15 pm
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jbuck's Avatar
United States
188560 Posts
 Posted 01/15/2009  1:47 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Where is the option for a sound fiscal policy that does not devalue the money?
The problem is that the damage is done. Sure, we can change policy to prevent us from having this discussion in twenty years, as we ponder eliminating every denomination under a dollar!
Valued Member
United States
284 Posts
 Posted 01/15/2009  2:07 pm  Show Profile   Bookmark this reply Add christian_cyclist to your friends list Get a Link to this Reply
Twenty years from now we'll be paying with our thumbprints. Won't even need to slide a credit card.

-- Boris
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jbuck's Avatar
United States
188560 Posts
 Posted 01/15/2009  3:41 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Twenty years from now we'll be paying with our thumbprints. Won't even need to slide a credit card.
Thumbprints and retina scans will be "old school" by then, when we have chips implanted at birth and keyed to our DNA!
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