Comments on: The Slow Death of U.S. Circulating Coins https://www.coinnews.net/2008/09/25/the-slow-death-of-us-circulating-coins-4370/ CoinNews delivers the latest World and US coin news Sun, 08 May 2011 13:41:11 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Ryan Hackel https://www.coinnews.net/2008/09/25/the-slow-death-of-us-circulating-coins-4370/#comment-4955 Fri, 26 Sep 2008 17:29:09 +0000 http://www.coinnews.net/?p=999#comment-4955 If you look at the mintage figures of pennies versus dimes from 1967 to 2007, you will see two different trends. Penny production grew steadily in the 1970s, plateaued in the 80s and 90s, and in this decade has fallen back to 1970s levels. Yet during that same time, dime production has generally continued to trend upward.

If cashless transactions were really the culprit of diminishing coin usage, wouldn’t the dime production trends mirror that of pennies?

]]> By: Derek https://www.coinnews.net/2008/09/25/the-slow-death-of-us-circulating-coins-4370/#comment-4930 Thu, 25 Sep 2008 21:00:59 +0000 http://www.coinnews.net/?p=999#comment-4930 People would use coins and currency more often if items were priced to make them easy to pay for in cash. For example, in a state with 6% sales tax, 94 cents plus tax would be exactly $1.00.

]]>