Should the U.S. dump the Penny?

Discussion in 'General Off Topic Forums' started by tyeeslayer, Oct 1, 2017.

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Should the U.S. dump the penny?

  1. Yes

    43 vote(s)
    68.3%
  2. No

    20 vote(s)
    31.7%
  1. tyeeslayer

    tyeeslayer Super Member

    Messages:
    2,967
    Location:
    Abbotsford, British Columbia
    A few years ago we here in Canada got rid of the penny. Not only because it was worthless but it cost more to produce then it was worth.
    Yes at first we had the nay sayers but years later I have not heard anyone say they miss it.
    Is it time our southern neighbors follow suit?
     
  2. SuperjazzyJa

    SuperjazzyJa 18 Wheel Member Subscriber

    I had to vote no. For starters, Penny was born in the U.S. and is therefore a citizen. So, we can't dump her. Besides that, it's impossible to date an entire country and being dumped by all of us would be seriously demoralizing. :D

    Seriously, it doesn't matter to me. I flipped a coin. Heads: no, tails: yes. Came up heads. It would take a little getting used to at first, but after a while it would probably be fine.
     
    Champco and stish like this.
  3. loopstick

    loopstick AK Subscriber Subscriber

    Messages:
    4,597
    Location:
    Shit 'n' Piss, Texas
    Weimar Republic.
     
  4. slow_jazz

    slow_jazz Lunatic Member

    Messages:
    14,026
    Location:
    SE Michigan, Downriver....
    If I drop one in store I won't pick it up
     
  5. gslikker

    gslikker Super Member

    Messages:
    1,640
    Location:
    Close to Alkmaar, Netherlands
    While guilders situation the cent was already not used anymore, introducing the Euro one was forced to use the eurocent again in my country.
    Apart from the cost, it is very inefficient to have so much different coins. It takes time each transaction.

    Nowadays in the Netherlands the 1 cent and 2 cent coins are out of use. I think a few coutries did not use the Eurocents right from the beginning.

    They were a bit smarter, since over here, some shops had to adapt for more coins at the moment Euro was introduced. Some other Euro countries they still do cents.
    Now, the system works fine this way.

    Although we see small amounts wireless paying coming up, so less and less coins, anyway.


    It would destroy "the big bang theory" ;)
     
    SuperjazzyJa and boza like this.
  6. DrumminDaddy

    DrumminDaddy Hit it, Baby !! Subscriber

    Messages:
    2,060
    Location:
    Lost in musing circumstances
    I was stationed on Crete in the 80's. The BX on base had dropped the use of pennies back then already. We survived.
     
  7. Poultrygeist

    Poultrygeist Addicted Member

    But what would we put in our loafers?
     
  8. BigElCat

    BigElCat AK Subscriber Subscriber

    Messages:
    6,295
    Location:
    Paola, Kansas, USA
    Why is the nickel twice the size of the dime, and worth only half as much ?

    The 'powers that be' should consult us about these things.
     
  9. c5corvette

    c5corvette AK Subscriber Subscriber

    Messages:
    630
    Location:
    Palm Beach County
    A nickel for your thoughts.
     
  10. sregor

    sregor AK Subscriber Subscriber

    Messages:
    3,098
    Location:
    Mass
    Penny's are mostly zinc, and cost more than a penny to make. The only people who profit from this is the metal industries. You do the math.
     
  11. Ohighway

    Ohighway Wannabe Minimalist Subscriber

    Mmmm.... I don't know. Feet maybe ? :rolleyes:

    To the question at hand, certainly the penny can be dumped. For that matter maybe nickles and dimes too.

    I've gotta say over the past 5 years or so my use of any cash in regular transactions has tapered off drastically. I hardly ever use cash at stores. i think i'm still carrying around the same $80 (4 x $20) in my wallet that have been in there since August.
     
  12. MannyE

    MannyE Exterminate! Subscriber

    Messages:
    3,271
    Location:
    Miami Beach
    I haven't used coins to pay for something in years. Sure, I get them back on the few cash transactions I make, like buying a soda, but I haven't pulled one out of my pocket since Bazooka bubble gum was one cent. They pile up in a jar until I go to the grocery store and dump them in the machine for Amazon credit.
     
  13. Sandy G

    Sandy G Spiteful Old Cuss Moderator Subscriber

    Messages:
    48,597
    Location:
    Rogersville, Tennessee
    I can see both side....Yeah, they ARE a PITA, & if you have a pocketful of 'em, you still have hardly any value at all. However, getting/collecting a complete"Penny Book" is still a kick for us budding "Numismatic" types... Back then, a "Short Set" was like from 1959 on.. A Kid could raid yr Mama's pocketbook & do fairly well..
     
  14. electronjohn

    electronjohn Plug it in & see!! Subscriber

    Messages:
    18,478
    Location:
    minnesota
    Just stop minting new ones until we start running low. BTW, I think the use of the $2 bill should be promoted. What the heck can you buy for a buck anymore? And, deuces are lucky, too.
     
  15. datafone

    datafone Super Member

    Messages:
    2,194
    Location:
    Bris', Australia
    We did away with the 1 cent and 2 cent piece a while back, 5 cent pieces gather in folks draws,glove boxes and astray and rarely do people bother with them so they might go next. We changed from notes to coins for the $1 and $2 a while ago also.

    Penny for ya' thoughts?

    'Get out or here!', that's the only thought you get for a penny.
    ;)

    BTW, when are you guys going to switch to the metric system? :biggrin:
     
  16. SA-708

    SA-708 Appalachian-American Subscriber

    Messages:
    5,133
    Location:
    NE Tennessee
    Jarden Zinc manufactures the zinc blanks for US pennies in Greeneville TN. The local economy here in NE Tennessee would suffer if production stopped.
     
    John James likes this.
  17. Poinzy

    Poinzy Super Member

    Messages:
    1,361
    Location:
    SE Michigan
    I think the first time I heard this question I was about 10 years old. My other favorite: Should the US switch to the metric system?
     
    parman likes this.
  18. fredgarvin

    fredgarvin Well-Known Member

    Messages:
    575
    No. The minute you ban the penny, prices will rise on everything. What used to be $9.99 will become $10.00 overnight.
     
    stish and musichal like this.
  19. MannyE

    MannyE Exterminate! Subscriber

    Messages:
    3,271
    Location:
    Miami Beach
    Wow and it doesn't even rate correct spelling... will a nickle do it??? :jump::rflmao:
     
    datafone likes this.
  20. MannyE

    MannyE Exterminate! Subscriber

    Messages:
    3,271
    Location:
    Miami Beach
    What are we waiting for??? I do voice-overs for local commercial spots and I hate having to say "499.99" over and over again... It would also do away with the pesky 88 prices... 1188.88 it's a nightmare...... and that's English! Try doing them in Spanish!!!!!!! I want to kill people after having to say "noventa y nueve" (that's SIX syllables) and "ochenta y ocho" at the end of all the prices.
     
    fredgarvin and datafone like this.

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