Posted by admin | Posted in Uncategorized | Posted on 11-09-2004
Tags: coins, currency, mint, money, pennies, pennies minted after 1982, pennies minted before 1982, pennies minted by year, pennies minted in 2009, pennies minted per year
Should the USA mint stop making pennies and just start with nickels?
Why or why not?
It isn’t a question of IF the penny should be eliminated, but WHEN. How worthless must it be before it is eliminated? In 1982, the U.S. government switched the penny from an almost pure copper content to a zinc coin with a copper coating. Instead, they should have eliminated it in 1982. Now the penny is even too worthless to make out of zinc. How many cheaper materials must we find prior to just eliminating a coin that people don’t want and don’t pick up if it falls out of their hand?
Even the nickel is too expensive to make in it’s current state. The U.S. government should have eliminated the penny in 1982 and should now be working on eliminating the nickel and dime. You can’t just eliminate the nickel because their would be no way to make change between a quarter and dime.
At the same time, this would free up coin sizes to make $1 and $5 coins. Paper $1 bills barely last a single year and are a huge waste of money. Yet, $1 coins will never work unless the goverment eliminates the paper $1 at the same time. This is because businesses will never give $1 coins as change for fear that their customers would rather have bills. Eliminating the option is the only way it will work. Most industrial nations have coins worth over $5 already. The U.S. is way behind.
Oh…and the idea that eliminating the penny will make them valuable is ridiculous. There are hundreds of billions of pennies in circulation. They won’t exactly be rare anytime soon and aren’t made of precious metals like silver.
ERROR PENNIES FROM HEAVEN – I mean Coins from the US MINT
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PCGS MS63BN 100% Strike-Thru Capped Mint Error Penny $2,200.00 |
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5000 S mint wheat Pennies bullion copper $500.00 |
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Silver Round Lincoln Cent 2009 Childhood Log Cabin Home Rare Mint Penny Art Bars $69.50 |
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1923 Half Penny Tribute – 1oz 999 Silver – Perth Mint $22.15 |
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2009-10 LINCOLN SERIES P&D US.MINT PENNY SETS 8-TEN COIN BU MINT STATE SETS*WOW $21.99 |
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2009-10 LINCOLN SERIES P&D US.MINT PENNY SETS 8-TEN COIN BU MINT STATE SETS*WOW $21.99 |
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2009-10 LINCOLN SERIES P&D US.MINT PENNY SETS 8-TEN COIN BU MINT STATE SETS*WOW $21.99 |
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2009-10 LINCOLN SERIES P&D US.MINT PENNY SETS 8-TEN COIN BU MINT STATE SETS*WOW $20.50 |
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2009-10 LINCOLN SERIES P&D US.MINT PENNY SETS 8-TEN COIN BU MINT STATE SETS*WOW $20.50 |
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2009-10 LINCOLN SERIES P&D US.MINT PENNY SETS 8-TEN COIN BU MINT STATE SETS*WOW $20.50 |
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1923 Half Penny Tribute – 1oz 999 Silver – Perth Mint $15.67 |
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2009-10 LINCOLN SERIES P&D US.MINT PENNY SETS (4-TEN COIN BU MINT STATE SETS*WOW $11.99 |
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2009-10 LINCOLN SERIES P&D US.MINT PENNY SETS (4-TEN COIN BU MINT STATE SETS*WOW $11.99 |
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2009-10 LINCOLN SERIES P&D US.MINT PENNY SETS (4-TEN COIN BU MINT STATE SETS*WOW $11.99 |
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2009-10 LINCOLN SERIES P&D US.MINT PENNY SETS (4-TEN COIN BU MINT STATE SETS*WOW $11.49 |
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2009-10 LINCOLN SERIES P&D US.MINT PENNY SETS (4-TEN COIN BU MINT STATE SETS*WOW $11.49 |
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old English Coins Photo Mugs Old (pre-Decimalisation) British coins (left to right) Top – penny, half penny, threepenny bit. Bottom – half crown, two shillings, one shilling, sixpence – tails….. |
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Casablanca (Two-Disc Special Edition) $5.39 RICK BLAINE, A CALLOUS NIGHTCLUB OWNER IN A WARTIME WAYSTATION, HAS HIS WORLD TURNED UPSIDE DOWN WHEN HIS LOST LOVE, ILSA,RETURNS…. |
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X2: X-Men United (Two-Disc Widescreen Edition) $0.01 X2 does a fine job of picking up where X-Men left off, giving fans more of what they liked the first time around. Under the serious-minded custody of returning director Bryan Singer, the second film of this Marvel comics franchise ups the ante on Professor Xavier (Patrick Stewart) and the superhero mutants from the first film, pitting them against a mutant-hating scientist (Brian Cox) who’s determ… |
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Nestle Quality Street Candies 2lb Tin $21.99 Nestle Quality Street Premium Assorted Chocolates, Toffees & Caramels. Imported from England. Assorted individually wrapped chocolates consist of coconut eclair, chocolate toffee deluxe, chocolate hazelnut eclair, chocolate strawberry creme, chocolate orange creme, chocolate malt toffee, chocolate hazelnut in caramel, milk chocolate hazelnut, chocolate fudge, chocolate noisette, chocolate hazelnut… |
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LEMONHEADS 5lb $10.70 Classic sweet and sour Lemonheads. 3/4″ in diameter. Approx 50 pieces per pound…. |
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Shakespearean Insult Gum $2.48 Perfect for the young or young at heart…. |
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2000 24K Gold Plated Hologram State Quarters $17.50 The new State Quarters are America’s most popular coins – but few people will ever have the chance to own the fabulous set of coins that are gold plated and enhanced with genuine holograms…. |
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2004 24K Gold Plated Hologram State Quarters $16.50 The new State Quarters are America’s most popular coins – but few people will ever have the chance to own the fabulous set of coins that are gold plated and enhanced with genuine holograms…. |
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BICENTENNIAL TREASURES COLLECTION $9.95 As part of the historic celebrations in 1976 to mark the 200th anniversary of the Declaration of Independence, the U.S. Mint struck three special one-time-only circulating commemorative coins… |
