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Bid Farewell to Pennies and Nickels

 
betterlivings
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User ID: 11246146
United States
11/27/2012 03:15 PM
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Bid Farewell to Pennies and Nickels
The penny has run out of luck, both in Canada and in the United States. Back in March, the Royal Canadian Mint announced that they were phasing out the penny due to “low purchasing power and rising production costs”, according to CBC News.


The Mint currently spends about 4.8 cents per penny due to the rising costs of zinc and copper. A nickel valued at five cents now costs approximately 16.2 cents to make due to inflated nickel prices.


[link to www.wealthwire.com]
Anonymous Coward
User ID: 28590391
United States
11/27/2012 03:17 PM
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Re: Bid Farewell to Pennies and Nickels
If they ban pennies and nickles,how are us guys going to be paying our crack ho's for their services?
betterlivings (OP)

User ID: 11246146
United States
11/27/2012 03:21 PM
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Re: Bid Farewell to Pennies and Nickels
If they ban pennies and nickles,how are us guys going to be paying our crack ho's for their services?
 Quoting: Anonymous Coward 28590391


I guess the crack ho's would have to raise there price to a dime.

Last Edited by betterlivings on 11/27/2012 03:22 PM
Anonymous Coward
User ID: 989190
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11/27/2012 03:21 PM
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Re: Bid Farewell to Pennies and Nickels
roll out the new currencey~

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