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.
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!
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
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.
Keep the penny!
In Mexico, I haven’t gotten any coin as change that was worth less than 50 centavos(worth less than three red cents).
In Mexico, divide prices by 20 to get a good estimate of the cost in US dollars.
Everybody blathers their mundane thoughts all over the world for free, no need to pay.
Still a penny. So damn many of them sitt’n around in jars and what not. We won’t run out for a long while.
A nickle for your pickle? Likely to be misconstrued.
A dime for your time?
A hill of beans?
-PJ
The Civil War broke out four years after they stopped production of the half cent.
Post hoc ergo propter hoc?