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Don't discontinue the penny. Wash the pennies. (Original Post) Skink Apr 2016 OP
If i get a wheat penny i keep it JI7 Apr 2016 #1
They are useless. Warren Stupidity Apr 2016 #2
Like your posts. Bye. Skink Apr 2016 #3
I remember when the Peabody in Memphis... Laffy Kat Apr 2016 #4
Coin washing machine yeah baby!!! Skink Apr 2016 #5
Well the machines were fun to watch. Noisy but fun. nt Laffy Kat Apr 2016 #6
The government loses money on every cent and five cent piece they produce. roamer65 Apr 2016 #7
And because something something Capitalism, wages will get rounded down and costs rounded up. Lancero Apr 2016 #12
Pennies make dollars! Jim Beard Apr 2016 #8
I always pick up penny's for the same reason!!! Cool! Nt Logical Apr 2016 #15
I dislike any coin besides the quarter. bigwillq Apr 2016 #9
Yes,wash those pennies, because God knows where that penny has been been... Heeeeers Johnny Apr 2016 #10
Not only pennies Jim Beard Apr 2016 #11
The obvious solution is to resize the coinage Spider Jerusalem Apr 2016 #13
"ass pennies" Warren DeMontague Apr 2016 #14
I'm guilty, I'm a hoarder... MrScorpio Apr 2016 #16

Laffy Kat

(16,383 posts)
4. I remember when the Peabody in Memphis...
Mon Apr 25, 2016, 10:45 PM
Apr 2016

Washed all of its coins; they had a coin-washing machine. My grandmother always washed coins before she gave them to us girls, lest we get germs and grime. My mother would role her eyes.

roamer65

(36,745 posts)
7. The government loses money on every cent and five cent piece they produce.
Mon Apr 25, 2016, 11:03 PM
Apr 2016

Time to eliminate them both and round up or down to nearest ten, just like New Zealand. Money should facilitate commerce, not impede it.

You can wash $1 and $2 coins just as easily.

 

Jim Beard

(2,535 posts)
8. Pennies make dollars!
Mon Apr 25, 2016, 11:35 PM
Apr 2016

That was told to me by an elderly hardware store owner. Texas had just started the sales tax and we were adjusting to all the pennies. I was about 16 and one day I bought something in their store and was in a hurry and told her to keep the change.

As I was leaving I herd her say, "Young man, pennies make dollars." I have taken that to heart

To me nowdays, it isn't the value of the penny, its my attitude about the penny. I still bend down and pick one up. It isn't the value, its the attitude. If I start disregarding the penny, what will I go to next? If the nickle and the dime become not of value, what is the attitude of your total money and earnings. Do you look for sale items or do you buy something very expensive to impress while not taking care of your other obligations. I quit doing that all because I remember what the woman hardware store told me.

Lets keep the penny until I kick the bucket.

 

Jim Beard

(2,535 posts)
11. Not only pennies
Tue Apr 26, 2016, 12:13 AM
Apr 2016

have you watched people handle while looking for the best ones. How many times is that done before some are sold.

I really do not like eating from an open plate or glass in a restaurant. Have you seem what is floating in the air. All those "silent" farts and coughs of whatever. What has the table not been cleaned. I have only seen them use damp towels before I am seated. Yeah, there's lots of evil stuff out there. Remember the cook that spit in a guys food that he hated.

 

Spider Jerusalem

(21,786 posts)
13. The obvious solution is to resize the coinage
Tue Apr 26, 2016, 12:17 AM
Apr 2016

this has been done elsewhere (British coins were formerly larger than they are now for instance, the five pence piece was reduced in size from 23.5mm (a bit larger than a nickel) to 18mm (slightly larger than a dime). Changing the composition of the penny from copper-plated zinc (zinc spot price: $1700+ per tonne) to copper-plated steel (steel spot price: $50 per tonne) would also reduce production costs (the British penny went from 97% copper to copper-plated steel when copper prices made the older bronze penny unviable).

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