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Canada stops making penny....how long before US follows???

Canada stops making Penny


.....the US should follow....and stop making $1 coins that no one uses....



Comments

  • keyman64keyman64 Posts: 15,507 ✭✭✭✭✭


    << <i>Canada stops making Penny


    .....the US should follow....and stop making $1 coins that no one uses.... >>

    No no no...they need to stop making the $1 bill and everyone will use the $1 coins and the Government can save a load of money. A ton of other countries have made the transition just fine, why the USA can't follow if beyond me.
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I agree with Keyman64...Cheers, RickO
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,364 ✭✭✭✭✭
    It's easier counting in tenths, but that doesn't make cents.
  • droopyddroopyd Posts: 5,381 ✭✭✭
    Most other "first world" countries have already gotten rid of their penny coin equivalent and dollar bill equivalent. It's just a matter of time before that's done here too.
    Me at the Springfield coin show:
    image
    60 years into this hobby and I'm still working on my Lincoln set!
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    There really is no need for the cent. If I was a Lincoln cent collector I would be thrilled not to have to mess with the new junky fake looking cents. As far as the "everything is going to cost more" scare, if done right it will be nothing. Leave the price's the same and round to the nickel on the TOTAL. But I see the retailers sticking it to us here.

    As for the dollar bill. I agree it should go and use dollar coins, but PLEASE not the the ones we have now. PLEASE design a new Liberty dollar coin.

    NO MORE COINS WITH PEOPLE ON THEM!!!!!!!!!!!! PLEASE!!!!!!!
  • JamesMurrayJamesMurray Posts: 4,036
    Scotland is a tiny country , part of the UK , we didnt accept the idea of pound coins and still issue pound notes.Yes the english pound coins are spendable but the Scots kept their pound note.If Scotland can do it i'm almost sure the US can too , or let the mighty greenback dollar turn to pocket change , seems what a lot pf people want.I keep hearing "itll save the government money" big deal , i read a report last night about the government funded study as to why chimpanzees throw poop...yeah , lets give them more money..don't believe me ? Goggle chimp/poop throwing study.
  • gyromacgyromac Posts: 213 ✭✭
    as a retail business owner....most of the pennies wind up in a donation jar that we give to a charitable organization.....as far as the $1 coin....tried it....90% of the people complained....loudly....on a typical week i see maybe $2-3 in dollar coins....that is it....
  • JamesMurrayJamesMurray Posts: 4,036
    I watched a show last night on the history channel "modern marvels" , it was all about the journey a coin might take in its estimated 25 year lifespan.
    They seem to know what they are talking about and said hands down the 1c is the most used US coin of all of them,it was by a long long ways. So if its the most used does it follow its the most needed ? One might think so , so yeah...i guess i can see the US government doing away with it lol
  • johnny9434johnny9434 Posts: 28,421 ✭✭✭✭✭
    I'm with Keyman as well on this one. <shrugs>


  • << <i>

    << <i>Canada stops making Penny


    .....the US should follow....and stop making $1 coins that no one uses.... >>

    No no no...they need to stop making the $1 bill and everyone will use the $1 coins and the Government can save a load of money. A ton of other countries have made the transition just fine, why the USA can't follow if beyond me. >>



    Indeed. The government themselves estimates that they (by "they," i mean "we." and by "we," i mean "taxpayers") would save $1.5 million EVERY DAY if they stopped printing $1 bills and we used $1 coins only. why don't they listen to themselves?
    imageimageimage

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