Death to pennies!

Ain't happening.

I have an old Canada penny. the US Post Office employee told me they can be used as they were US pennies because they're no longer in circulation in Canada. So I try using it as legal tender and a store cashier said "uh uh."

Surely you don't mean that, OP

Take the nickel out too and get rid of the decimal place.

Let's just all use Facebook Money!

When Canada withdrew the penny MaClean's Magazine (sort of the Time magazine for Canada) did a spot check in Montreal, Vancouver and Toronto, so see if retailers were rounding correctly? Nope. In all three cities retailers consistently did not follow the rules and rounded to their favor.

Added to this, retailers, after the penny was withdrawn, were shown to adjust prices just enough so the legitimate rounding would come out in their favor.

Penny-wise and pound-foolish

I would favor getting rid of the penny on one condition. All transactions are rounded up and the extra pennies go to cancer research and if the day ever comes when cancer is cured, then a new disease is designated as the beneficiary.

Eliminate the penny.

Use the penny-section in the cash register for dollar coins.

Eliminate the dollar bill.

Use the dollar bill section of the cash register for two dollar bills.

Then we’ll need to redesign wallets so that they contain a coin-holding section. Either that, or start making coin purses to match existing paper money wallets.

Vending machines will need to be modified to take two dollar bills and dollar coins.

Finally, we need to study the elimination of the two dollar bill and creation of a two dollar coin. Also, the elimination of the nickel coin.

Then what reason will women have to hold up lines in stores?

"I know I have a penny in here somewhere. Connor, damn it, stop hitting Madysn. Now let's see, phone, lipstick, compact, sanitary napkin, Connor, I said stop and I mean stop!. Hold on, I'll find that penny. Sorry, I'll just dig a bit deeper."

It is a fact that those "give a penny/take a penny" trays at stores were specifically created because women hold up lines trying to dig one penny out of their purse.

Historically, the dollar coin, half-dollar, quarter, and dime were all made out of silver. Not pure silver, though, because pure silver wears too quickly. The half-dollar was half the size of the dollar coin. The quarter was a quarter size of the dollar coin. The dime was a tenth the size of the dollar coin. The nickel and penny were not made of silver, so their sizes are not proportional.

You’ll also note that the silver coins have serrated edges. That is so that you can tell is someone has shaved silver off the edges of those coins.

Here are a set of 2011 coins. $1 silver; $50 Gold; and $100 platinum. They are not in general circulation because the metal value is higher than the face value. The metal value is about $55; $1200; and $1200, respectively.

The silver dollar coin is larger than the historical dollar coins that were once in circulation, because the current coin is 100% silver, and the coin that was in circulation was more like 90% silver and 10% other metals to make the coin less likely to wear.

Oh, Canada!

I've always wondered why the nickel is twice the size of the dime when it's worth half as much, it bucks the coin progression scale.

The United States has never minted a coin called a penny. It’s officially called a “cent” and always has been.

r15 FUCK YOU

The US used to hVe a half-cent coin. I don’t know when they stopped making them, but it was quite a while ago. I wonder how much in pennies is saved away in jars out there.

This says the nickel is worth today, what a penny was worth in 1972, wow!

R4 has a point. In fact let’s get rid of dimes, too. Round register totals to the nearest quarter for cash transactions. That’s the smallest unit of value anyone actually cares about.

I've been in the U.K. for nearly two months. I use Google Pay on my phone for everything that I buy. Sometimes the transaction is greater than what a shop will allow for Google Pay and I use my credit card in those cases.

Perhaps get rid of cash and coin altogether.

Whores and drug dealers still need cash.

If they need pennies, you’re seeing the wrong whores.

We need both a dollar coin and a two-dollar coin. That's how it works (as seen in euros, pounds, Canadian dollars, etc.). No one wants too much change in their pocket. So eliminate pennies (maybe nickels, too).

They are slowly being taken out of circulation.

We could have a dollar coin and a five dollar coin. Two-dollar bills never caught on here.

[quote]Two-dollar bills never caught on here.

Three dollar bills did, though.

Heyyyyyyy.

Dyslexic Me first read this as "Death to Penises!"

I think the biggest problem is Americans aren’t used to carrying coins nor paying with them. I already don’t have enough pockets for my phone, keys, and whatever else I might carry.

But what about the penny candy?

Penny candy costs a quarter now.

They are quite literally trash to me. Too much trouble to bother trying to save them, I just throw them away.

Quarter candy huh, just doesn’t have the same ring to it. Sounds like a fourth of something.

[quote]The US used to hVe a half-cent coin. I don’t know when they stopped making them, but it was quite a while ago

1857

[quote]The US used to hVe a half-cent coin. I don’t know when they stopped making them, but it was quite a while ago

1857

We'll get rid of pennies and paper dollar bills the same time we adopt the metric system. In other words -- NEVER.

R35 is right. The U.S. will be the last country (if ever) to eliminate currency if we can't even convert 100% to metric or Fahrenheit to Celsius. Why are we so backward?

By the way, a "friend" told me he paid for a whore using his credit card. From what I understand, because I honestly wasn't there, is the rent boy had an attachment to his cell phone to complete the transaction.

Yup, there’s those and apps like Venmo and the like.

[quote]Why are we so backward?

Simple answer: REPUBLICANS.

[quote]The U.S. will be the last country (if ever) to eliminate currency if we can't even convert 100% to metric or Fahrenheit to Celsius. Why are we so backward?

The US uses metrics a lot. Manufacturing uses it all the time. In Britain a METRIC country, metric units still aren't common, as people use MPH, STONE and other old English measurements.

As for Fahrenheit it's more accurate than celsius and the range is more in line traditional thinking using percentages.