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The Real Diehl: It's Time For The United States To Eliminate The One Cent Coin

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CCFPress's Avatar
United States
1420 Posts
 Posted 01/29/2015  12:59 pm Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message Number of Subscribers
The-Real-Diehl:-It's-Time-For-The-United-States-To-Eliminate-The-One-Cent-CoinThe idiom is 500 years old, dating back at least to Thomas More in “Four Last Things”. Of course, More was referring to the English penny, and his question suggested regard for another's ruminations. The penny was worth something back in the day.... Read the Entire Article
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United States
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 Posted 01/29/2015  1:08 pm  Show Profile   Bookmark this reply Add eagle_eye_18 to your friends list Get a Link to this Reply
The LMC is worth it to me. It is the smallest denomination so I can get more "pennies" for my money and they have a lot of varieties and errors to search for maybe even the most out of any other denomination. I make a lot of money off of LMCs and they only cost me $0.01 :-)! So please keep the penny as long as possible!
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oih82w8's Avatar
United States
7840 Posts
 Posted 01/29/2015  1:37 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
It should have been eliminated after the centennial of the (2009) Lincoln Cent.
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jbuck's Avatar
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 Posted 01/29/2015  3:26 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Read this article before commenting.

Every reason for keeping the cent is debunked. It is written by a guy who knows what he is saying and has sources to back it up.

With that being said, this thread will not be another free-for-all rehashing what we already know. It will be locked the minute it devolves into accusations of tyranny, abuse, or oppression by our government against its citizens.

Play nice.
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Bertensgrad's Avatar
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1192 Posts
 Posted 01/29/2015  3:49 pm  Show Profile   Bookmark this reply Add Bertensgrad to your friends list Get a Link to this Reply
Any one watch fiddler on the roof? One word tradition.
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 Posted 01/29/2015  4:30 pm  Show Profile   Bookmark this reply Add YoshiRules to your friends list Get a Link to this Reply

Quote:
It will be locked the minute it devolves into accusations of tyranny, abuse, or oppression by our government against its citizens.


Aww man

*** Edited by Staff to add quote tags. Please use them in the future. Posts are very difficult to read without them.***
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AlbumAccumulator's Avatar
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651 Posts
 Posted 01/29/2015  4:42 pm  Show Profile   Bookmark this reply Add AlbumAccumulator to your friends list Get a Link to this Reply
Very good article, it would be nice if it got picked up by a larger media outlet.
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NathanASE's Avatar
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 Posted 01/29/2015  4:56 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply
uugh ....
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jbuck's Avatar
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 Posted 01/29/2015  5:25 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Very good article, it would be nice if it got picked up by a larger media outlet.
Feel free to circulate it.
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 Posted 01/29/2015  8:13 pm  Show Profile   Bookmark this reply Add PennyPiggy to your friends list Get a Link to this Reply
Give me my change back.
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ratio411's Avatar
United States
1208 Posts
 Posted 01/29/2015  10:31 pm  Show Profile   Bookmark this reply Add ratio411 to your friends list Get a Link to this Reply
And yet ANOTHER one of these political anti-cent posts.

Why don't we have a sub-forum for these posts, or better yet,
just fuze them all into one post. It only takes one to make the point,
not multiples, day in and day out. Sheesh.

Mods: Please make a subforum for anti-(put any denomination here) posts.
Maybe keep politics and opinion out of the regular numismatic forums.
Edited by ratio411
01/29/2015 10:41 pm
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DoubleEagle20's Avatar
United States
1748 Posts
 Posted 01/29/2015  10:51 pm  Show Profile   Bookmark this reply Add DoubleEagle20 to your friends list Get a Link to this Reply
He's right. Time for it to go...
Edited by DoubleEagle20
01/29/2015 10:52 pm
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Charles Morgan's Avatar
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1071 Posts
 Posted 01/30/2015  12:25 am  Show Profile   Bookmark this reply Add Charles Morgan to your friends list Get a Link to this Reply
The world didn't end when the United States rid itself of the blight of the 1/2 cent- and that coin was worth 11x more than today's 1 cent coin.

Part of the reluctance we have, I think, as a nation, as far as eliminating coins from circulation, is the idea that these denominations trace their lineage back to the start of the country. If we keep down this road- all coins- not just the cent will become obsolete.
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BadThad's Avatar
United States
19935 Posts
 Posted 01/31/2015  12:52 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
It all comes down to one very basic business premise....put aside any other emotions.

When you sell a good for less than it costs to make, you must stop making it.
Lincoln Cent Lover!
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https://verdi.care/
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Conder101's Avatar
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17884 Posts
 Posted 01/31/2015  5:49 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Any one watch fiddler on the roof? One word tradition.

Yes I've seen it. And id you notice by the end of it almost every one of those "traditions" had been scrapped?
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DoubleEagle20's Avatar
United States
1748 Posts
 Posted 02/10/2015  9:22 pm  Show Profile   Bookmark this reply Add DoubleEagle20 to your friends list Get a Link to this Reply
I think the biggest resistance to getting rid of the cent and nickel is our politicians themselves. Rounding to tens and elimination of these lower denominations is an admittance of currency devaluation. They would rather cling to past than admit the truth.
Edited by DoubleEagle20
02/10/2015 9:23 pm
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