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Moderator
 United States
164276 Posts |
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I suspect these days 90% of transactions are by card... If not 90%, approaching it. Quote:
...those paying with cash don't care about rounding "errors". A few cents lost in the transaction by either party will have no substantial affect on anyone's financial health. LOL Most people won't even bend over to pickup change from the ground! True. You can find more than just cents in the take-a-penny-leave-a-penny trays these days.
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Moderator
United States
164276 Posts |
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Why have any coins at all? Make them all NIFC?  
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New Member
United States
16 Posts |
If they do stop making/using pennies, I wonder if they'll let us scrap them for copper melt value? I'm pretty sure there's a bunch on this forum that have hoarded copper cents for decades.
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Pillar of the Community
 United States
1809 Posts |
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I'm pretty sure there's a bunch on this forum that have hoarded copper cents for decades. Guilty as charged. Antique Mason jars for the win. And I *always* pick up discarded or dropped coins when I find them; even the funky ones. Found items of all types are one of the fun perks of walking around with eyes focused downward. It is remarkable what most folks can walk right by and never see. However, I may be a bit biased in favor of keeping pennies around, since they still retain a noble image of one of my better known distant ancestors. The mint did do Honest Abe a dis-service when they turned his likeness into a poster child for zinc rot. 
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Pillar of the Community
United States
1791 Posts |
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Most people won't even bend over to pickup change from the ground! mmmmm, yes... most people... 
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Pillar of the Community
United States
2252 Posts |
Bad back & all.... if I see a coin on the ground, I always pick it up.
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Pillar of the Community
United States
4381 Posts |
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Everything would be rounded to the nearest 5¢. I think that would be workable. ROTF  - you are talking about the same cashiers who break when you give them $2.12 for a $1.87 tab.
-----Burton 50 year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, OnLine Coin Club Owned by four cats and a wife of 40 years (joined 1983) |
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Moderator
United States
164276 Posts |
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you are talking about the same cashiers who break when you give them $2.12 for a $1.87 tab. All the more reason to just use plastic at the self-check.
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Pillar of the Community
United States
4381 Posts |
-----Burton 50 year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, OnLine Coin Club Owned by four cats and a wife of 40 years (joined 1983) |
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Moderator
United States
164276 Posts |
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Jarden Zinc Products spent $140k lobbying in FY2024. Seems like a bargain when they made millions. Would be fun if they decided to give up on the cent and shift their focus towards getting the Mint to make nickel plated zinc five cents coins. https://artazn.com/products/coinage...l-substrate/
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Pillar of the Community
United States
1809 Posts |
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make nickel plated zinc five cents oh gawd pleeeze noooo  we already have those awful zincolns. i want no zincles in my nickle jar tyvm 
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Moderator
United States
164276 Posts |
I knew that would rub people the wrong way.  My priority is getting the cent and nickel to NIFC status. However, if given the option, I would accept a zinc five cents coin if it mean the cent were made NIFC.  But I really want both to go away. I am not convinced a zinc-nickel would be cost effective for long.  |
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Valued Member
United States
137 Posts |
Current transactions are no where near 90% plastic!! As for me in a very rural area probably 70% of transactions are still in cash and we get a discount for using it.
As far as the Cent goes it really does need to go away!!
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Moderator
United States
164276 Posts |
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...and we get a discount for using it. A good example to support rounding down all cash sales when we get rid of the cent.
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Bedrock of the Community
United States
19676 Posts |
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All the more reason to just use plastic at the self-check. ....and sell your soul to the plastic Gods. Nearly all my public transactions are in cash. I also usually have a pocket full of change so I can control what, if any, change I'll get back. The plastic overlords have no idea what I'm doing for the most part. I also deny location on my phone (only turn on when I need it) so the google all-seeing eye doesn't know squat about my travels either. When the Capital One commercial plays I always answer: CASH DUMMY! Nobody can completely hide these days though. I have to use plastic/paypal/whatever on the web.....all trackable with my information sold to the highest bidder. My philosophy is to give them as little as possible!
Edited by BadThad
12/11/2024 11:42 pm
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Replies: 56 / Views: 3,276 |
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Posted 12/06/2024 4:43 pm
