Penny: For or Against?

[shengmei]

Re: Penny: For or Against?

I used to pay with pennies all the time....Keeps me from spending money, you know?

[CheaplyClever]

Re: Penny: For or Against?

I think the big reason why the penny has endured is related to fair collection of sales taxes. The 100th anniversary of the Lincoln penny is in 2009 and I am sure if it is retained it will be made with cheaper materials.

Now, I have learned something. Thanks. I would like to see us leave the penny alone. It is all American like apple pie.

[vsjhoc]

Re: Penny: For or Against?

If we deep-sixed the penny, what would happen to gasoline prices which are priced to the nearest 9/10 of a cent???

[cschin4]

Re: Penny: For or Against?

For
I don't see the need to eliminate the penny. Then, things would be rounded up to the the nearest nickel. I would rather deal with the pennies.

[lrjohnson]

Re: Penny: For or Against?

People are so dismissive of the penny that it has been to my benefit. I accpet those discarded pennies. I adopt them, roll them, deposit them. So I would lose a few bucks a year helping people dispose of the unwanted pennies. I could live with it, but I would miss the kick of taking thrown away money and getting real money for it.

[markio26]

Re: Penny: For or Against?

i could do without the penny.... the grandkids seem to love them though.....

[HelloImnew]

Re: Penny: For or Against?

I'd miss the penny. I wish that vending machines would have the ability to take them! I believe someone mentioned that above.

[megy]

Re: Penny: For or Against?

I guess I wouldn't mind seeing the penny go . . . as long as we were still able to trade in the pennies we find lying around for nickels/quarters/etc after the change. I would hate to see all of my pennies go to waste!

[tgavin71]

Re: Penny: For or Against?

In Australia we haven't had 1 or 2 cent coins for years. Yet you still see items priced at $5.03 or $9.98 etc. 1 and 2's are rounded down to 0 and 3's and 4's are rounded up 5 . We have had no problems. There were report of a few people buying a lot of items that were marked at 12c for example. Paying for it which would be 10c. Doing a separate transaction for each. Supermarkets had to bring in a fair play policy.

[PrincessPerky]

Re: Penny: For or Against?

I recently found ou it costs moe to make one than it is worth, but I still like the amount, I would rather they figure out a way to make it cost less to make, than get rid of it.