Does anyone think that pennies should stop being produced? Maybe in the 1950's a kid can go buy...

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Does anyone think that pennies should stop being produced?

Maybe in the 1950's a kid can go buy a piece of candy for a nickel or five pennies but now it literally seems as if pennies are just there just to be there. Maybe it would be better if their production stopped and those materials are put to a better...

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ezhinikaazo · 31-35, M

Here in canada they are discontinued. Rumour has it that lucky ones can still be found

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ezhinikaazo · 31-35, M

Banks take em i think

ozgirl512 · 26-30, F

We stopped 1,2 cent pieces around 20 years back... Don't need them and don't miss them.. Cheaper on the government too

DaughterOfTheDust · 22-25, F

Well... without pennies your candy bar would be $2 instead of $1.99 Plus tax on a dollar is 9 cents here. Without pennies that tax would be 10 cents. Seems like a small amount but it adds up over time.

SW-User

True. Even the slightest increase or decrease in U.S tax amount can cause economic shifts.

littleblackbird · 22-25, F

They're not pure copper. I think they only serve the purpose to help you make exact change these days lol

canusernamebemyusername · M

@littleblackbird Yeah the copper is really minimal. I think the ones before the 40's or 50's were pure copper. Those would be valuable.

SW-User

Ok I read up on it. Only pennies before 1983 were mostly copper. Now they're mostly zinc but with a thin copper layer. Thanks for telling me that and yeah exact change is a must.

SW-User

In AU we stopped using copper coins (1c and 2c pieces) at the start of this century, we had the $1 and $2 note until 1985 now they are gold coins.
It does make pricing a lot easier rounding to the nearest 5c but it did jack prices up prices and cost of living. Now they are taking about phasing out the 5c coins.

Tracos · 51-55, M

I think physical money is obsolete in general.... Coins have been around for millennia... Can we please move into the 21st century ??

canusernamebemyusername · M

@Tracos Bitcoin!

SW-User

Idk. When I get change and it's pennies I tell them to keep them.

ViciDraco · 36-40, M

The pennies are worth more melted down than minted, so yeah it's time to stop producing them. Speaking of the plus tax thing, we need to catch up with the rest of the world and have all of our prices displayed as after tax anyways.

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