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Treasury Department pledges to end all penny production by early 2026
Washington Examiner ^ | 5/22/2025 | Emily Hallas

Posted on 05/22/2025 8:10:55 AM PDT by marcusmaximus

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To: linMcHlp

I don’t think the stock reality will be affected. Just the physical coin will not be made anymore and eventually fade away.


41 posted on 05/22/2025 11:42:10 AM PDT by Openurmind (AI - An Illusion for Aptitude Intrusion to Alter Intellect. )
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To: packrat35
Do you want to pay 60 cents for something that cost 54 cents?

the "rounded" price would be 55 cents

ending digits 0,1,2 results in "rounded" last digit of 0 - second to last digit remains the same

ending digit 3,4,5,6,7 results in "rounded" last digit of 5 - second to last digit remains the same

ending digit 8,9,0 results in "rounded" last digit of 0 - second to last digit increases by 1

42 posted on 05/22/2025 1:53:38 PM PDT by goo goo g'joob (When honest people say what's true, calmly and without embarrassment, they become powerful)
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To: packrat35

No, digital transactions will not be rounded.

++++++++++++++

Are you asserting that every financial chain of transactions somehow results in an integer value of cents?


43 posted on 05/22/2025 2:11:32 PM PDT by sonova (No money? You're free to go.)
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To: goo goo g'joob

Hi
You indicate two outcomes for ending digit 0.
I don’t care how it gets rounded, just want to let you know.


44 posted on 05/22/2025 2:27:59 PM PDT by sonova (No money? You're free to go.)
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To: sonova
You indicate two outcomes for ending digit 0.

ending digit 8,9,0 results in "rounded" last digit of 0 - second to last digit increases by 1

corrected

ending digit 8,9 results in "rounded" last digit of 0 - second to last digit increases by 1

thank you for your attention to detail

45 posted on 05/22/2025 2:52:26 PM PDT by goo goo g'joob (When honest people say what's true, calmly and without embarrassment, they become powerful)
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To: goo goo g'joob

thank you for your attention to detail
++++++++++++
you got it!


46 posted on 05/22/2025 2:54:19 PM PDT by sonova (No money? You're free to go.)
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To: goo goo g'joob

We were talking about pennies and nickels being eliminated.


47 posted on 05/22/2025 3:21:45 PM PDT by packrat35 (Pureblood! No clot shot for me!)
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To: sonova

We were talking about rounding pennies not fractions of pennies.


48 posted on 05/22/2025 3:23:00 PM PDT by packrat35 (Pureblood! No clot shot for me!)
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To: Ruy Dias de Bivar

“What cost a penny in 1956 now costs 26 cents.”

11 cents


49 posted on 05/22/2025 3:26:08 PM PDT by TexasGator ().'1'11\1I11111111111.1'11.'11/'~~'111./.)
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To: Revel

We do not hate Congress enough.


50 posted on 05/22/2025 3:48:55 PM PDT by Jacquerie (ArticleVBlog.com)
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To: marcusmaximus
"The Treasury will stop making pennies by early 2026, which will require businesses to start rounding up or down to the nearest five cents, "

Round to the nearest dime and you can get rid of nickels and quarters as well.
51 posted on 05/22/2025 8:34:50 PM PDT by clearcarbon (Fraudulent elections have consequences.)
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To: marcusmaximus

We need to have the old look of coins from past years like the Indian penny, Buffalo nickle, Liberty quarter, Morgan silver dollar.


52 posted on 05/23/2025 12:08:11 AM PDT by minnesota_bound (Need more money to buy everything now)
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