The U.S. Penny dead at 232

[RoryN]

Breaking

 

[Politruk]

Merchants will gladly price everything in five-cent increments -- but making change without pennies is gonna be complicated in any state with a sales tax.

 

[RoryN]

Merchants will gladly price everything in five-cent increments -- but making change without pennies is gonna be complicated in any state with a sales tax.

We should be fine for awhile re: having enough pennies.

I can see some real dangers with going entirely cashless, though. And eliminating coinage is a step towards it.

 

[Justplainjeff]

Getting rid of the penny has been discussed for years, even as Canada got rid of theirs years ago. Each time Congress took up this issue, the Illinois delegation stopped it from happening. Are you aware it costs between 6 and 7 cents to mint a penny? Tell me in what universe does that make sense.

 

[Politruk]

We should be fine for awhile re: having enough pennies.

I can see some real dangers with going entirely cashless, though. And eliminating coinage is a step towards it.

I once heard famed criminal lawyer F. Lee Bailey, on the college lecture circuit, argue that the best way to stamp out crime is to criminalize the possession of more than $100 in cash. Because non-cash transactions leave a paper trail, which criminals can't afford to do -- they need cash because it is anonymous.

 

[RoryN]

Getting rid of the penny has been discussed for years, even as Canada got rid of theirs years ago. Each time Congress took up this issue, the Illinois delegation stopped it from happening. Are you aware it costs between 6 and 7 cents to mint a penny? Tell me in what universe does that make sense.

^^^
I do believe I have just triggered a Deplorable with a thread about pennies.

 

[Justplainjeff]

^^^
I do believe I have just triggered a Deplorable with a thread about pennies.

Just think. If we get rid of the

^^^
I do believe I have just triggered a Deplorable with a thread about pennies.

Just think. If we do get rid of them, you won't be able to add your 2 cents worth on anything.

 

[Politruk]

In the 1970s it developed that each penny contained twice its value in copper. That's why they switched to minting them in zinc.

 

[Noitall]

Just think. If we do get rid of them, you won't be able to add your 2 cents worth on anything.

We needa ban his two cents

It aint worth that much

 

[DeluxAuto]

Just think. If we get rid of the

Just think. If we do get rid of them, you won't be able to add your 2 cents worth on anything.

And you won't be able to buy desperately needed lessons on how to post properly.

 

[YDB95]

Merchants will gladly price everything in five-cent increments -- but making change without pennies is gonna be complicated in any state with a sales tax.

In Australia they just round up or down to the nearest increment of five cents.

 

[ICantLeafYou]

In Australia they just round up or down to the nearest increment of five cents.

Canada ditched the penny some years ago.

If paying in cash, totals get rounded up or down to the nearest 5c. If paying with a card, you pay the exact amount [so $1.23 instead of rounding to $1.25].

 

[YDB95]

Canada ditched the penny some years ago.

If paying in cash, totals get rounded up or down to the nearest 5c. If paying with a card, you pay the exact amount [so $1.23 instead of rounding to $1.25].

In Australia it's rounded even if paying with a card.

 

[TastySuckToy]

The idea makes cents when you think about it, change is inevitable and the penny finally dropped.

 

[ll74]

I'm in favor of getting rid of the penny.

Long overdue.

 

[colddiesel]

In Australia it's rounded even if paying with a card.

Don't think so (as an Oz resident) though rounding up seems more common than rounding down. Our smallest coin is now 5 cents.

 

[BrightShinyGirl]

Breaking

Donald Trump has made the penny a symbol of opposition to him.

 

[RoryN]

Just think. If we do get rid of them, you won't be able to add your 2 cents worth on anything.

We needa ban his two cents

Aw, you Deplorables wanna censor me. I'm honored!

Great to know my work here is having such a profound effect on you. (Although everyone already knew that.)

 

[Philthy_Phil]

Copying Canada again.

You want to be us but you never will, we're too good for you.

 

[Justplainjeff]

Aw, you Deplorables wanna censor me. I'm honored!

Great to know my work here is having such a profound effect on you. (Although everyone already knew that.)

Not hardly, RoryN, that was my attempt at humor. Instead of your 2 cents worth, you'll have to add your 5 cents worth. I thought it was funny.

 

[RoryN]

Not hardly, RoryN, that was my attempt at humor. Instead of your 2 cents worth, you'll have to add your 5 cents worth. I thought it was funny.

Yes, yes - we've already covered your kind's attempts at humor: Challenge to Lit Deplorables: try to be funny!

You couldn't even quote me correctly. Which falls perfectly in line with the results of that thread.

 

[TastySuckToy]

Donald Trump has made the penny a symbol of opposition to him.

Worth next to nothing and disappearing? I like that analogy!

 

[RoryN]

I can see some real dangers with going entirely cashless, though. And eliminating coinage is a step towards it.

And so...

Getting rid of the penny introduces a new problem: nickels​

https://www.cnn.com/2025/02/10/business/costs-of-pennies-and-nickels/index.html

 

[YDB95]

Don't think so (as an Oz resident) though rounding up seems more common than rounding down. Our smallest coin is now 5 cents.

All I know is, when the register says, say $5.88, they'll say "five-ninety".

 

[Lathanar1]

The "value" of a penny rests in how many times it is used in transactions, not in how much it cost to mint it.