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Making Sense Of Pennies

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TheForce's Avatar
United States
4867 Posts
 Posted 04/12/2015  5:14 pm Show Profile   Bookmark this topic Add TheForce to your friends list Get a Link to this Message Number of Subscribers
Another excellent article/video from CBS Sunday Morning.

http://www.cbsnews.com/news/making-...-of-pennies/
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Normic67's Avatar
798 Posts
 Posted 04/12/2015  5:28 pm  Show Profile   Bookmark this reply Add Normic67 to your friends list Get a Link to this Reply
its not that Americans are reluctant to change all together, they are just reluctant to change there money and not all of it too!
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chequer's Avatar
Canada
4227 Posts
 Posted 04/12/2015  6:44 pm  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
My wife always records this show to watch later, they do a pretty good job presenting their subjects.
Valued Member
United States
317 Posts
 Posted 04/12/2015  8:31 pm  Show Profile   Bookmark this reply Add PennyPiggy to your friends list Get a Link to this Reply
It held my attention for the first minute or so going over the history of the penny then it got into that silly political argument and I tuned out.
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fourmack's Avatar
New Zealand
1679 Posts
 Posted 04/12/2015  8:35 pm  Show Profile   Bookmark this reply Add fourmack to your friends list Get a Link to this Reply
Coming from New Zealand I can see what they mean as everything has gotten dearer --although we still use $10.95 on our price tags and if you pay cash its $10.90 but if you pay by card its $10.95 as we say 1-5 goes down 6-9 goes up but only if paying cash.
It does make it easier on the pocket by not carrying so much jingle(change).
These days I carry a eftpos card no cash mostly
Cheers Don

Vickies cents and GB Farthings nut.
"Old" is a figure of speech and nothing more
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TheForce's Avatar
United States
4867 Posts
 Posted 04/12/2015  8:36 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I say get rid of the bloody cent already. They don't have any buying power, people don't want them and leave them in the penny try for the next customer when they get their change. These cost more to make than they're worth anyways. Why are Americans so afraid of change? (No pun intended).
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 04/12/2015  9:18 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
I saw that video, it was interesting.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 04/12/2015  9:21 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
If we got rid of Cents this subforum would evaporate.
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jpsned's Avatar
United States
2200 Posts
 Posted 04/12/2015  10:08 pm  Show Profile   Bookmark this reply Add jpsned to your friends list Get a Link to this Reply
I like the cents because their color is different from all of the other coins currently being made for circulation.

Pennies in a pocketful of change offset all the nickel color. Imagine having a handful of change without pennies? Pretty boring as well as harder to tell what is what.
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Normic67's Avatar
798 Posts
 Posted 04/12/2015  10:34 pm  Show Profile   Bookmark this reply Add Normic67 to your friends list Get a Link to this Reply
You don't need to imagine it, you just need to go up into Canada and buy something! The only other color is in the center of toonies. .... and Loonies! ... and not the center of loonies but the whole coin as we all know.
Edited by Normic67
04/13/2015 09:24 am
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CelticKnot's Avatar
United States
12804 Posts
 Posted 04/12/2015  11:08 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply

Quote:
If we got rid of Cents this subforum would evaporate.


A price worth paying...
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chequer's Avatar
Canada
4227 Posts
 Posted 04/13/2015  08:27 am  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply

Quote:
You don't need to imagine it, you just need to go up into Canada and buy something! The only other color is in the center of toonies.


What colour are your loonies?
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TheForce's Avatar
United States
4867 Posts
 Posted 04/13/2015  09:04 am  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
Nobody uses them! :)


Quote:
What colour are your loonies?
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Normic67's Avatar
798 Posts
 Posted 04/13/2015  09:16 am  Show Profile   Bookmark this reply Add Normic67 to your friends list Get a Link to this Reply
Okay I forgot about Loonies. So The center of toonies and Loonies all together!
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sel_69l's Avatar
Australia
21786 Posts
 Posted 04/13/2015  10:05 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
If cents were no longer issued for circulation,
you never know:
1.) Zincolns may actually become to be appreciated by collectors.

2.) I think there will always be collectors of cents, just as there is with all other no longer issued denominations.

3.) The U.S. Mint may start producing off metal proof silver and gold cents for collectors.
All gold and all silver proof sets of currently issued coins have been made for Australian collectors. Only 300 all gold sets for 2006 that include our no longer issued cent, were produced.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 04/13/2015  10:36 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Zincolns may actually become to be appreciated by collectors.


Zlincolns will probably outlast you and I, but being zinc I don't see them lasting a century before they corrode away.

Time to return lacquer to acceptability in numismatics.
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