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Replies: 194 / Views: 13,564 |
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Moderator
 United States
164145 Posts |
Quote: Latest U.S. production figures show that 160 million 2025-P cents have been minted, along with 82.4 million from Denver... a little more scarce than usual, but certainly not a rarity. Plenty to go around. They could sell ten times as many mint sets this year and still have most of that left over. 
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Bedrock of the Community
United States
17501 Posts |
If the 2025 cents already minted are released/distributed, it'll be interesting to see what 'enterprising' ebay sellers ask for them (....and get for them).
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Moderator
 United States
164145 Posts |
Quote: If the 2025 cents already minted are released/distributed, it'll be interesting to see what 'enterprising' ebay sellers ask for them (....and get for them). You know the hype will be unbearable. 
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Valued Member
United States
251 Posts |
Maybe it will get approved, I think the Treasury or whoever makes these 2025 pennies will not release them to the public. If they do, sense will not make a cent.
Edited by Dough101 02/10/2025 4:34 pm
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Pillar of the Community
Russian Federation
5043 Posts |
Quote: I have made it known in the past that the dime is the new penny, so the nickel should be NIFC as well. The problem with that is that 25 does not divide by 10, so either they would also need to get rid of the (still popular) quarter, or there'd be awkward 5-cent mismatches that can't be conveniently corrected with just dimes and quarters. Technically, given inflation since the 19th century, there's the option of also making the dime NIFC as well, such that the smallest circulating coin is the quarter. Would be awkward though.
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Moderator
 United States
164145 Posts |
Quote: The problem with that is that 25 does not divide by 10... I knew someone would bring that up, and actually started to type up a preemptive response when I posted earlier. Long to the short, get over it.  Round down as best you can with what you have in the drawer... 0.10—one dime 0.20—two dimes 0.25—one quarter 0.30—three dimes 0.35—one quarter, one dime 0.40—four dimes 0.45—one quarter, two dimes 0.50—two quarters... You get it.  Meanwhile, hardcore fans of the failed double-dime will get the last laugh.  Quote: Technically, given inflation since the 19th century, there's the option of also making the dime NIFC as well, such that the smallest circulating coin is the quarter. Would be awkward though. Get used to me saying this, but I would not oppose that idea. 
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New Member
United States
16 Posts |
My question is, if the penny goes away for good, will the law change to allow melting of pre-1959 (copper) cents?
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Pillar of the Community
United States
2026 Posts |
A president cannot "order" the mint to stop minting anything.
For the mint to stop minting the penny, it would have to be approved by Congress.
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Pillar of the Community
United States
3201 Posts |
Eliminating the nickel would be a good way to slow checkout lines. Customers would argue for their 15 cents change from a young cashier not authorized to give 20 cents change instead. Please wait because the manager is assisting other customers.
Rounding is so past due that dimes should also be eliminated, and rounding be done to the nearest quarter. Half dollars might then come back into fashion. However, can a math-challenged public grasp that 62 rounds down to 50 and 63 rounds up to 75?
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Moderator
 United States
164145 Posts |
Quote: My question is, if the penny goes away for good, will the law change to allow melting of pre-1959 (copper) cents? Good question. My guess, I doubt it unless the metal recycling industry pushed for it. Otherwise, the government has no incentive to change the law—one I am sure plenty of entities are already ignoring.
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Moderator
 United States
164145 Posts |
Quote: A president cannot "order" the mint to stop minting anything. For the mint to stop minting the penny, it would have to be approved by Congress. This has already been demonstrated to be incorrect. The Mint is controlled by the Treasury, which is controlled by the President. The law says the Mint can, not that the Mint must. As I said earlier, a previous administration made a similar decision regarding the circulating dollar coin. I am sure the current administration will (eventually) be okay with The Mint making them for their own profitable sales (sets, bags, rolls).
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Moderator
 United States
164145 Posts |
Quote: However, can a math-challenged public grasp that 62 rounds down to 50 and 63 rounds up to 75? The point-of-sale terminals can do all the maths. The human just has to be able to read. Oh, yeah, maybe we have a problem there. 
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Valued Member
United States
251 Posts |
I have a feeling they might not release the 2025 pennies; it will cost them more if they do. So, folks keep 2024 good-looking pennies. 
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Moderator
 United States
164145 Posts |
Quote: I have a feeling they might not release the 2025 pennies I believe those that have been minted have already been released. Would waste even more to recall them. Just let whoever gets them put them up on ebay. 
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Valued Member
United States
251 Posts |
Stores will have to start changing their system pricing. Before: $9.99 Now: $10 Before: $29.99 Now: $30 Note: You don't have to put a decimal point for a cent. There is no cent. And the word cent and symbol all get fired too. 
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Replies: 194 / Views: 13,564 |