The Accelerated Attrition Rate Of US Cents - Page 2

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Author	Replies: 22 / Views: 777	Page: of 2

jbuck Moderator United States 189112 Posts	Posted 06/22/2026 10:03 am Quote: Like one on the floor of a portolet at the country fair? Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
jbuck Moderator United States 189112 Posts	Posted 06/22/2026 10:09 am Quote: I wonder if the US Mint would ever create an alloy recovery program like Canada did. For Cents, they have to sort out the bronze from the Zincolns. They also have to decide what they are going to with all that the zinc—I cannot imagine there is a healthy market for it, given that the only reason why we have been minting billions them was to placate the Zinc lobby. I do not believe the value of recovered copper—which is more difficult to refine from bronze—could cover the costs necessary to do all that work. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
cladking Pillar of the Community United States 2272 Posts	Posted 06/22/2026 11:46 am Quote: For Cents, they have to sort out the bronze from the Zincolns. They also have to decide what they are going to with all that the zinc—I cannot imagine there is a healthy market for it, given that the only reason why we have been minting billions them was to placate the Zinc lobby. I do not believe the value of recovered copper—which is more difficult to refine from bronze—could cover the costs necessary to do all that work. The easiest and best solution is for the government to do what's right and just melt all the pennies (zinc can just be poured off the top). This would prevent the continuing waste of copper pennies going into landfill and dispose of the toxic zinc pennies safely. It's unlikely they could recover much metal because it's not worth the effort for most people to even take a gallon jug to the bank. An announcement of their intention to stop accepting pennies would still get a lot to come in. It appears they intend to just let them go away on their own. More and more venues will stop using pennies. It will be interesting to watch what happens to the 150 billion pennies in "circulation", but one thing sure, current attrition rate of nearly 5% would triple. Time don't fly, it bounds and leaps. Edited by cladking 06/22/2026 11:48 am Report this Post to the Staff
jbuck Moderator United States 189112 Posts	Posted 06/22/2026 12:19 pm Time will tell. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
BadThad Bedrock of the Community United States 19963 Posts	Posted 06/22/2026 6:03 pm Quote: current attrition rate of nearly 5% would triple. Lincoln Cent Lover! VERDI-CARE™ INVENTOR https://verdi.care/ Report this Post to the Staff
Raised on rock Pillar of the Community United States 638 Posts	Posted 06/22/2026 7:44 pm most of the local businesses in our small town, pop. 700, are already rounding, no pennies in change. Report this Post to the Staff
ijn1944 Bedrock of the Community United States 19187 Posts	Posted 06/22/2026 7:50 pm Was at a bank branch doing bank stuff today, observed three teller trays on counter tops--decked out with quarters, dimes, nickels.....and nearly full runs of cents. Fun. Report this Post to the Staff
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