I feel it will be sooner and politically driven. Part of the natural and reoccurring swing on the hill. Even though this form seems to frown on political discussion it does affect our coinage IMO.
I can picture the entire country from sea to shining sea carpeted with pennies and chickens that have come home to roost. I can't quite picture the last date on the coins.
From a commerce standpoint, we could eliminate the cent, nickel and dime with no real consequence. Just round the total down at retail for the cash customers. The savings in not handling the small denoms will offset the loss. Plus the retailer pays no transaction fee for cash as he does on Debit and credit transactions.
Like a decision to eliminate the paper dollar, the decision will be based on political considerations. Lobbies for employee unions and metal suppliers will continue to be key.
Helllllooooo this is the US government . They lose money on everything they do.
If they stopped making cents then they would just waste what that ever the savings was on something else. F 35 fighters , turtle studies in Alaska, they just gave away an aircraft carrier , why should we trust any of the governments cost estimates?
If the mint skipped a year of penny making every other year would anyone besides coin collectors notice? Cheap enough to just stop the production now and then or throttle down if savings is the actual goal.
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Hoard the keys.
Even though this form seems to frown on political discussion it does affect our coinage IMO.
pennies and chickens that have come home to roost. I can't quite picture
the last date on the coins.
Perhaps they're still being made.
What if the dollar dies before the penny?
Who here is going to report back if I'm right.
Charles III Album
Charles III Portrait Set
Charles IV Album
Charles IV Portrait Set
Spanish Colonial Pillar Set
<< <i>2109, go out with a bang.
Who here is going to report back if I'm right.
Riko's great grand child.
Hoard the keys.
http://macrocoins.com
Whatever you are, be a good one. ---- Abraham Lincoln
Oops, that is what I said in 2005.
So don't ask me.
I have no guess as to the year.
<< <i>2109, go out with a bang.
Who here is going to report back if I'm right.
Well, I do take lots of vitamins . . .
My Adolph A. Weinman signature

If they stopped making cents then they would just waste what that ever the savings was on something else. F 35 fighters , turtle studies in Alaska, they just gave away an aircraft carrier , why should we trust any of the governments cost estimates?
If the mint skipped a year of penny making every other year would anyone besides coin collectors notice? Cheap enough to just stop the production now and then or throttle down if savings is the actual goal.