Anonymous Coward User ID: 29692837
United States 12/13/2012 06:46 AM Report Abusive Post Report Copyright Violation | Nickles and pennies to be taken out of circulation Jan 2013 Bid Farewell To Pennies And Nickels! wealthwire.com NOVEMBER 26, 2012 The U.S. is following Canada's footsteps regarding the production of pennies and nickels. According to U.S. Treasury Secretary Tim Giethner, our U.S. Mint intends to remove the penny and nickel coins from circulation beginning early in January 2013. 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 goldsilver.com] and good riddance. |
Anonymous Coward User ID: 21416459
United States 12/13/2012 06:57 AM Report Abusive Post Report Copyright Violation | Re: Nickles and pennies to be taken out of circulation Jan 2013 so how do i get change for something that say costs 9.94 and i pay with a 10 ???????? |
luc tate User ID: 3560831
United States 12/13/2012 07:03 AM Report Abusive Post Report Copyright Violation | Re: Nickles and pennies to be taken out of circulation Jan 2013 so how do i get change for something that say costs 9.94 and i pay with a 10 ????????
Quoting: Anonymous Coward 21416459 That will come to be known as a 'rounding tax!' |
Anonymous Coward (OP) User ID: 29692837
United States 12/13/2012 07:05 AM Report Abusive Post Report Copyright Violation | Re: Nickles and pennies to be taken out of circulation Jan 2013 Such items will no longer be priced like that. It will always be in .10c or 9.90 |
BRIEF Rebel with morals
User ID: 29589303
United States 12/13/2012 07:09 AM
 Report Abusive Post Report Copyright Violation | Re: Nickles and pennies to be taken out of circulation Jan 2013 So my buckets of pennies and nickles will be going up in value? Nuke the Muzzies! With freedom comes responsibility. Heterosexual pride!  |
Anonymous Coward User ID: 13968314
United States 12/13/2012 07:10 AM Report Abusive Post Report Copyright Violation | Re: Nickles and pennies to be taken out of circulation Jan 2013 its just the start, next is the dime, Quarter, and $1, till we are paperless, and equal the same as a fucking Iraq Dinar |
Anonymous Coward User ID: 23907595
United States 12/13/2012 07:12 AM Report Abusive Post Report Copyright Violation | Re: Nickles and pennies to be taken out of circulation Jan 2013 This is the result of inflation. A penny is almost worthless |