RE: Death to the Penny

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(Edited)

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From a nostalgic and collector pov, I'd miss the penny. But from a practical point of view, it really should have been terminated September of 1982, when the US mint abandoned the copper penny and replaced it with a (fake) copper-coated zinc penny.

Another perfect (and graceful) time to end the penny was 2009 at the 100 year anniversary of the Lincoln cent. I remember 2009 when there were various new designs considered, one being disqualified because of it's uncanny resemblance to German coins minted during the rise of the Third Reich.

Come to think of it, all of our current change is fake:

Fake copper penny (really zinc)
Fake nickel (really 75% copper)
Fake silver dime and quarter (really copper clad)
Fake golden dollar (really copper)



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You forgot to mention fake Fiat USD's... Our Pennies, Nickels, Dimes and Dollar Coins will still have Legal Tender Status, long after the Paper Fiat Dollars are removed from Circulation...

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Depends... if the US is able to right the ship quickly enough and we avoid a hyper-inflationary situation. Then the intrinsic value of coins would be cost many, many paper "notes".

I have a feeling with this fed dismantlement, we may topple this house of cards by accident. A country propped up 40% by fraud, will devalue 40% by removing the fraud.

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I hope you're not cashing in your Piggy Banks...lol.. If you want to cash anything in, cash in your Fiat USD's for U.S. Coinage...

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Totally agreed. I will miss it, but that also won't stop be from applauding something that should have happened a long time ago.

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