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Penny and Nickel Coins to be Phased Out in 2013
Ms Sans Serif
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[quote:bvndy:MV8yMDYzMDQwXzM0NzA4MTU5XzZGMzE1MDc0] [quote:Anonymous Coward 21416459:MV8yMDYzMDQwXzM0NzA4MDQyX0UwM0FEMjhB] BS coudnt be done,how would you buy things that werent exact dollar figures?????? [/quote] Round off to the nearest even amount, easy with computers. First sign of an inflationary collapse, this is probably being floated around, because the penny and nickel is just about useless. Wait until they get rid of the quarter, then dollar. Will happen sooner or later [/quote]
Earlier this week Canada announced that they would be phasing out their penny coin. On the heels of the Canadian announcement, U.S. Treasury Secretary, Tim Giethner stated in a press conference today that the U.S. Mint will remove the penny and nickel coins from circulation, starting early in January 2013.
link to skewnews.com
that the U.S. Mint will remove the penny and nickel coins from circulation, starting early in January 2013
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