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Doge Takes Aim At The Penny

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nfine's Avatar
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 Posted 01/22/2025  2:57 pm Show Profile   Bookmark this topic Add nfine to your friends list Get a Link to this Message Number of Subscribers
Could this be the end of the US cent?

https://www.yahoo.com/news/doge-tak...5459679.html
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BadThad's Avatar
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 Posted 01/22/2025  3:02 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
It can't happen soon enough! They keep saying "it costs 3 cents to make". Well, that's NOTHING compared to the cost of handling and moving them around. I suspect each one is actually closer to $1 to make and distribute, plain old DUMB to keep producing these essentially worthless slugs.
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Edited by BadThad
01/22/2025 3:02 pm
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jbuck's Avatar
United States
187446 Posts
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westernsky's Avatar
United States
7613 Posts
 Posted 01/22/2025  4:16 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
I would imagine the lobbyists for the Zinc industry will have a lot to say about this.
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jbuck's Avatar
United States
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 Posted 01/22/2025  4:49 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
As they always do. But eventually, someone with more money—and a bigger ego—comes along.
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HondoB's Avatar
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 Posted 01/22/2025  4:59 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply

Quote:
these essentially worthless slugs

You misspelled "hideous embarrassments to the proud numismatic heritage of the United States"
Inordinately fascinated by bits of metal with strange markings and figures
Edited by HondoB
01/22/2025 5:00 pm
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jbuck's Avatar
United States
187446 Posts
 Posted 01/22/2025  5:06 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
You misspelled "hideous embarrassments to the proud numismatic heritage of the United States"
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ijn1944's Avatar
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 Posted 01/22/2025  5:41 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Yawn...
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KenKat's Avatar
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 Posted 01/22/2025  7:21 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply

Quote:
But eventually, someone with more money—and a bigger ego—comes along.


Why I do declare, whoever could that be?
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Marv65's Avatar
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 Posted 01/22/2025  7:25 pm  Show Profile   Bookmark this reply Add Marv65 to your friends list Get a Link to this Reply
What? 1˘ costing 3˘ to make isn't practical?
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Errers and Varietys's Avatar
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 Posted 01/22/2025  10:23 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Pretty interesting article. Thank you for sharing. It will be interesting to see if they discontinue the penny.
Errers and Varietys.
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HondoB's Avatar
United States
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 Posted 01/22/2025  10:55 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply

Quote:
Lawmakers were considering the questions as recently as November, when Sen. Joni Ernst of Iowa, who founded the Senate's DOGE caucus, said changing the makeup of the coin could save significant money.

I shudder to think of a cheaper version of the zincoln - plastic? Could we soon see the plincoln?
Inordinately fascinated by bits of metal with strange markings and figures
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United States
399 Posts
 Posted 01/23/2025  12:25 am  Show Profile   Bookmark this reply Add Dough101 to your friends list Get a Link to this Reply
It requires a cent to make a dollar. He is trying to make a sense out of a cent. Good luck.
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nickelsearcher's Avatar
United States
15382 Posts
 Posted 01/23/2025  06:29 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Goodbye and good riddance
Take a look at my other hobby ... http://www.jk-dk.art
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Dearborn's Avatar
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jbuck's Avatar
United States
187446 Posts
 Posted 01/23/2025  09:51 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I shudder to think of a cheaper version of the zincoln - plastic? Could we soon see the plincoln?
I cannot be done. Even when the material is FREE it still costs over a cent to make a cent.
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