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Posted on 05/27/2025 9:46:39 AM PDT by DallasBiff
Grandpa Brooks counted his pennies.
He owned a little pharmacy in Chicago and he liked to sift through the till, hunting for interesting coins. Wheat pennies. Indian head pennies. Buffalo nickels. The steel pennies they minted during World War II when America needed its copper for ammunition.
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Anyway a personal anecdote, I always check my coin change, for possible rare coins.
For some many decades, nothing really interesting, but in the last week a 1945 wheat penny with no mark(coined in Philadelphia) and a 1946 wheat penny with a D-mark(Denver).
Haven't seen a wheat penny in change for a while, weird.
I know they are worth less than a dime.
Coincidentally, I was just given a 1936 Wheat penny for change at the grocery store this morning.
Suspect that pennies are going to be with us for a long time to come.
The old Wheat cents will stay around. They last. The newer zinc cents/ (pennies) self destruct and corrode rather quickly.
In Canada pennies have disappeared from cash transactions completely... The amount is rounded up if it’s 3... Down it’s 2... Electronic transactions still maintain the exact amount of the transaction. No rounding up or down.
Precisely...
A week ago everyone lost their minds over at DU at the thought of eliminating the penny. It was a clear assault on the lower class. Minorities were going to be hurt the most. Everything will be more expensive rounding up.
Then some poor SOB mentioned Canada had already done this years ago and it was totally fine. The thread expoded absolutly assaulting the guy.
Another poor SOB mentioned this wasn’t Trumps idea. It was bi-partison and had been in the works for years under Democrats as well. Again, he was verbally eviscerated.
TDS is still thriving well.
If the unconstitutional federal agencies and spending are abolished, inflation will go WAY DOWN and we’ll need to mint those pennies again. Don’t destroy those casts and molds yet.
Pennies won’t be missed by me. It’s noisy, messy, heavy weight money. The Nickle Coin may want to start getting it’s affairs in order, as well.
Cursory review online indicates that a penny in 1948 had the buying power of about 13 cents today.
So if we see ongoing inflation in the years ahead, nickels and dimes and even quarters could be eliminated.
I hope Daylight Savings Time is still on Trump’s first-year Chopping Block. Terminate it!
Steel pennies(WW2) gotta be worth a lot.
Where do we turn them in?
Will groceries be billed in 5 cent increments?
I’m waiting for personal vehicles to become obsolete with driverless cars being the norm. Nobody will need one. Parking lots converted to Roman Coliseums for duels and Shakespeare theaters.
I have wondered why they just don’t revaluate new mintings of the penny coin to 3 cent value (not eliminate the decimal .01 value from our financial transactions).
Value of a thought.
Tens of millions of people voted for Biden and then for Kamala.
The penny paid for their thoughts was overcharged.
Nickel for your thoughts
I'm pretty sure that the price of every grocery item will be rounded up to the next nickel, never rounded down. Including penny candy, if there still were such a thing.
Couldn’t pay me enough to listen to the media’s thoughts.
Just like the half-penny, the penny will eventually disappear from circulation. Electronic payments will stay rounded to the penny but eventually cash transactions will be rounded to the nearest nickel.
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