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How Long Will The Cent Exist?

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Pillar of the Community
perfessor's Avatar
United States
927 Posts
 Posted 07/30/2011  2:28 pm  Show Profile   Bookmark this reply Add perfessor to your friends list Get a Link to this Reply
Long live the cent! Wait. I didn't mean that.
Long live the king! Wait. We don't have a king.
Oh well. I guess we can discuss this until we are blue in the face and it won't change. I personally think that the cent is not worth enough to continue but I still pick them up off the sidewalk. lol.
By the way, my personal experience is that I find more copper pennies on the sidewalk than zinc ones. Figure that one out.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 07/30/2011  5:03 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
Long live the king! Wait. We don't have a king

Sure we do:
How-Long-Will-The-Cent-Exist?
Image courtesy Stacks


Quote:
I find more copper pennies on the sidewalk than zinc ones. Figure that one out.
Zinc doesn't hold up as well as copper in the elements. Just normal handling totalled a lot of WWII zinc coins, including the plating on steel cents.
Pillar of the Community
United States
687 Posts
 Posted 07/30/2011  5:19 pm  Show Profile   Bookmark this reply Add RollHunter to your friends list Get a Link to this Reply
Don't hold your breath - if we can avoid hyperinflation, the government will still continue to produce the one cent coin. Even if we stop using them in day to day commerce, the mint will still produce them at reduced amounts like the half. No one wants to be known as "Congressman Killed-the-penny" so I don't expect it to happen anytime soon. Discontinuing the dollar bill is even less likely.
New Member
mewmew's Avatar
United States
6 Posts
 Posted 07/31/2011  02:53 am  Show Profile   Bookmark this reply Add mewmew to your friends list Get a Link to this Reply
I don't know that "people throw pennies away" is a good argument for getting rid of them. Why get rid of them just because the average person is an idiot with no respect for money in general? I'm just as happy to find a penny on the ground as anything else, personally, and I take care of my money while it's in my posession. No shoving bills randomly into pockets and crumpling them up like so many of my customers do. I don't get why people are so thoughtless and disrespectful with their money.
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