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Get Rid of the 1 Cent Piece by 2009

I think it is time to relieve the US of the 1 Cent Piece by 2009.
Replace it with a 2 Cent Piece.

With 2009 coming up, the government could redesign the 1 Cent Piece into a 2 Cent Piece.

Just a word out to everyone.

Thanks,

Chris

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    jhusmanjhusman Posts: 1,082
    A lot of people think it should go away, and I am inclined to agree. However, getting rid of it by 2009 might put a crimp in the plans for commemorative cents.
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    I like being able to pay the exact amount due. I think any monetary system that requires you to round up or down is a monetary system administered by idiots. This is America. We don't have to round things off like some half-assed third world country.
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    LanLordLanLord Posts: 11,754 ✭✭✭✭✭


    << <i>I like being able to pay the exact amount due. I think any monetary system that requires you to round up or down is a monetary system administered by idiots. This is America. We don't have to round things off like some half-assed third world country. >>

    When was the last time you paid that .9 cents for a gallon of gas?
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    << <i>

    << <i>I like being able to pay the exact amount due. I think any monetary system that requires you to round up or down is a monetary system administered by idiots. <STRONG>This is America. We don't have to round things off like some half-assed third world country. >>


    Tell that to the IRS! image
    Never teach a pig to sing. You'll waste your time and annoy the pig image

    image
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    << <i>I like being able to pay the exact amount due. I think any monetary system that requires you to round up or down is a monetary system administered by idiots. This is America. We don't have to round things off like some half-assed third world country. >>



    A sneaky way of raising prices. How about a 1/2 cent piece?
    "Toto, we're not in Kansas anymore"

    My Registry Sets
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    aus3000tinaus3000tin Posts: 369 ✭✭✭
    A 1/2 Cent Piece is not feasible for the government to produce; too costly.

    Another note, then make 2009 the last year of issue for the 1 Cent Piece.

    Thanks,

    Chris
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    SilverstateSilverstate Posts: 1,537 ✭✭✭
    I would highly doubt it is the last year.
    They have have 4 new reverses, original metal content versions and more planned for 2009 Lincoln cents.

    The crazy part is that the demand for Lincoln pennies will increase with everyone hoarding the 2009 varieties.

    These lincolns are being made at a loss now, just wait till 2009.
    image
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    dohdoh Posts: 6,457 ✭✭✭
    A 2 cent piece?? LMAO. That worked out really well the last time the U.S. tried it.

    The mint will continue to produce 1 cent coins. Think how many jobs would be lost if they stopped. 2 Cent piece....honestly....wow.
    Positive BST transactions with: too many names to list! 36 at last count.
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    jmski52jmski52 Posts: 23,972 ✭✭✭✭✭
    Here's a novel thought - change our government, it's policies and spending, it's priorities and objectives. Make the dollar worth a dollar, such that a cent isn't worthless.

    Nah - it'll never fly.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    << <i>I think it is time to relieve the US of the 1 Cent Piece by 2009...... >>


    And how do you plan on doing that....declaring war are you? image

    image
    J.Cordeiro
    image
    "I has a bucket." - Minazo.
    Minazo the LOLRUS, 1994-2005
    image
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    ArtistArtist Posts: 2,038 ✭✭✭


    << <i>I think it is time to relieve the US of the 1 Cent Piece by 2009. >>



    image



    << <i>Replace it with a 2 Cent Piece. >>



    image

    I think the lowest valued circulating coin should be a dollar - make the highest $10.00 at least. JMHO, but if coins are to retain any relevancy in our economy they need to become more than the worthless place savers that they are today.
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    fcfc Posts: 12,805 ✭✭✭
    Here's a novel thought - change our government, it's policies and spending, it's priorities and objectives. Make the dollar worth a dollar, such that a cent isn't worthless.

    amen.

    our govt == old saggy boobs
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    cladkingcladking Posts: 30,162 ✭✭✭✭✭
    Great. A new coin that isn't worth twice as much.

    It's impossible to make change with a 2c piece and no one cent. It's
    just stupid enough for it to happen.
    tempus fugit extra philosophiam.
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    19Lyds19Lyds Posts: 26,503 ✭✭✭✭


    << <i>I think any monetary system that requires you to round up or down is a monetary system administered by idiots. >>



    So, you think the Federal Reserve Bank is not run by idiots? Or the US Mint? Or the self-serving beaurocrats that reside in Congress?

    BTW, that new Small Presidential Dollar is just showing up all over the place!

    BTW, I like being able to pay the exact amount do as well but there is much, much more to the American monetary system than meets the eye!
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
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    Type2Type2 Posts: 13,985 ✭✭✭✭✭
    I think the half dollar is on the chopping block if any one is going to go. But that is just me. image


    Hoard the keys.
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    droopyddroopyd Posts: 5,381 ✭✭✭


    << <i>Here's a novel thought - change our government, it's policies and spending, it's priorities and objectives. >>



    Sounds seditious to me.
    Me at the Springfield coin show:
    image
    60 years into this hobby and I'm still working on my Lincoln set!
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    Snowman24Snowman24 Posts: 469 ✭✭✭
    what would happen to my 99 cents store - would everything go up ??

    or are we talking about the final check out price tally - if this every happens i

    see a price increase for everything in stores to have prices end in a zero or a five -

    but then the tax would be rounded up also - so would i be hit for a price increase twice ???

    kinda like a double whammy !!!!!!!!!
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    mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭✭


    << <i>see a price increase for everything in stores to have prices end in a zero or a five >>

    Stores already price stuff at 2 for 89 cents or 3 for a dollar, yet the system manages to function just fine without 1/2 or 1/3 cent coins, so I see no reason to suspect there'd be any problem should production of cents be ceased. image
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    fcfc Posts: 12,805 ✭✭✭
    i thought the only reason things were priced at/ending at .99 cents
    was so the people in the store were forced to ring things up to
    give the customer change, thus stopping theft.

    it truly annoys me as a consumer to see things priced like this
    and it is all done because of "tradition" by shop owners...

    i am the type of person that if i feel i am wronged in the slightest
    way i take my business elsewhere.

    for example, graffitti on the store's outside walls? i walk in and
    say clean it up or i am never shopping here again.

    it works! they clean it up and i come back. i will have to try it with
    the .99 cent ending crap next time.

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