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Copper And Cents

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coggie59's Avatar
United States
253 Posts
 Posted 02/08/2006  06:53 am  Show Profile   Bookmark this reply Add coggie59 to your friends list Get a Link to this Reply
toast my guess is that we will keep makeing them cheaper. sales tax is probably the only thing they are used for as far as I cam tell
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SFDukie's Avatar
United States
980 Posts
 Posted 02/08/2006  1:42 pm  Show Profile   Bookmark this reply Add SFDukie to your friends list Get a Link to this Reply
Toast,
No one knows what the US will do vis a vis the cent in the long term. The mint is committed by law to produce them through '09 (100th anniversary of the Lincoln Cent). Interestingly, although 1 and 2 "cent" euro coins are legal in the entire euro zone, Finland and the Netherlands don't use them.
I find it interesting that the current purchasing power of the cent is less than what 1/1000 of a dollar (a "mill) was during the great depression, and we sure didn't have "mill" coins then...


Richard,
What proportion of cents ion your change jar are pre 82, would you guess?
Don
Edited by SFDukie
02/08/2006 1:43 pm
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nohope587's Avatar
United States
5953 Posts
 Posted 02/08/2006  6:15 pm  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
I Would say between 30% and 35% of the Cents I go through are Pre 82 I get my rolls from the Credit union and they are for the most part what other people have rolled and handed in. They never have "New" coins in its always customer rolls.
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