BF2S Forums Redesign the US Dollar?

(oh, and an alternative to abolishment would be to debase the materials used in the production of a penny)

unnamednewbie13 wrote:

(oh, and an alternative to abolishment would be to debase the materials used in the production of a penny)

They're already debased as is. Zinc is pretty useless except as diodes and it makes up 97.5% of the penny.

unnamednewbie13 wrote:

It costs more to make one than the value of one. Either the value has to be dropped further, the manufacturing process cheapened or further production delayed.

Oh, and for faces used...why does Woodrow Wilson get the 100k??

o.O

Why does JFK get anything?

DrunkFace wrote:

They hold next to no value and are just a waste of space, time and effort. Also it was more cost effective to melt down the copper coins and sell them as scrap then use them as currency.

If our pennies were made out of copper they would actually be worth something.

DrunkFace wrote:

I don't understand why you still want 1c coins, they such a pointless waste of time. We got rid of our 1 & 2c coins 20 years ago and it's nearing the time to remove 5c coins as well from the currency.

They hold next to no value and are just a waste of space, time and effort. Also it was more cost effective to melt down the copper coins and sell them as scrap then use them as currency.

qft. Can't remember the last time I actually used a 5c coin, such a pointless piece of metal

Last edited by Spark (2010-09-20 22:45:55)

Spark wrote:

DrunkFace wrote:

I don't understand why you still want 1c coins, they such a pointless waste of time. We got rid of our 1 & 2c coins 20 years ago and it's nearing the time to remove 5c coins as well from the currency.

They hold next to no value and are just a waste of space, time and effort. Also it was more cost effective to melt down the copper coins and sell them as scrap then use them as currency.

qft. Can't remember the last time I actually used a 5c coin, such a pointless piece of metal

Every 5c coin I get ends up in the head of one of those guide dogs

Most vending machines don't even accept them, they're useless 90% of the time.

Spark wrote:

Little BaBy JESUS wrote:

Spark wrote:

qft. Can't remember the last time I actually used a 5c coin, such a pointless piece of metal

Every 5c coin I get ends up in the head of one of those guide dogs

Most vending machines don't even accept them, they're useless 90% of the time.

I heard a rumour once that if you taped two of them back-to-back then a vending machine would think it was a $2 coin but I doubt it works (vending machines don't quite work like that and a $2 coin is much more than twice as heavy as a 5c coin)

3 5 cents worked for my friend once.

Last edited by Cybargs (2010-09-21 01:34:20)

You can't get rid of the little coins, it'd make gang initiations easier. Do you want more kids in gangs? I don't think so.

Trotskygrad wrote:

ghettoperson wrote:

You can't get rid of the little coins, it'd make gang initiations easier. Do you want more kids in gangs? I don't think so.

Logical Fallacy: Non Sequitur

GTFO

Member phallusy

STFU

Morpheus wrote:

So... What's the real opposition to getting rid of the penny?
is it.... the "change"?

If wiki is to be beleaved

Arguments for preservation

    * Charity — Some organizations raise donations in change jars, predominantly in pennies.[13]
    * Historical sentiment — The cent was one of the first coins authorized to be minted by the American government and the first to be put into production.
    * Presidential history — Many admire Lincoln as a president and the penny bestows an honor on Lincoln.[14]
    * The zinc lobby — The sole provider of zinc "penny blanks", Jarden Zinc Products, has hired lobbyists to make the case for preserving the penny, and therefore, the company's profits.[15]
    * Collections — Pennies are often collected as coins and as elongated coins.

They all sound like bull shit excuses imo.

JohnG@lt wrote:

Precision.

That was my opinion too, until I sat down and thought about it. When was the last time you paid anyone with pennies? These days, people look upon penny-pushing customers at the front of the line as time-wasting jackasses, and it exasperates the cashiers.

Sure, I'll put them in my pocket if given as change, but if I'm paying attention, I'll decline them or drop them into a donation box. Besides which, real precision is handled at the electronic level in fractions of a cent.

I could see changing them to limited-use currency and increasing the half-dollar to a wider use.

Another forgotten movie.

unnamednewbie13 wrote:

JohnG@lt wrote:

Precision.

That was my opinion too, until I sat down and thought about it. When was the last time you paid anyone with pennies? These days, people look upon penny-pushing customers at the front of the line as time-wasting jackasses, and it exasperates the cashiers.

Sure, I'll put them in my pocket if given as change, but if I'm paying attention, I'll decline them or drop them into a donation box. Besides which, real precision is handled at the electronic level in fractions of a cent.

I could see changing them to limited-use currency and increasing the half-dollar to a wider use.

Just about every day I hand over pennies. Then there are other issues like stock and currency valuations, sales tax rates etc on down the line that all depend on the penny as an incremental. Why anyone would bitch about pennies is beyond me anyway. It's not like anyone but my girlfriend is carrying around a 10 lb bag full of them. They sit in a jar until they get turned in. Not a big deal, and definitely not worth the hassle and unintended side effects of doing away with it.

Understand when I say all this that I am not one of those guys that believes in custom or doing things 'because thats the way they've always been done'. Really, no line of thinking infuriates me more. In this instance the side effects of doing away with the penny really don't outweigh the benefits.

Last edited by JohnG@lt (2010-09-21 16:21:49)