Comments on: US Coin Production Nears 1.3 Billion in October

By: Mammoth

Mammoth — Tue, 15 Nov 2016 17:19:55 +0000

A follow-up comment:
I just found another wheat back penny – a 1937 in fine condition – in a roll.

By: Mammoth

Mammoth — Mon, 14 Nov 2016 01:32:26 +0000

Stuart, I disagree that the $50 and $100 banknotes should be discontinued. I prefer to do my day-to-day financial transactions in cash, and do not want Big Brother tracking what I spend my money on – ad can be done with plastic credit/debit cards.

Speaking of pennies, I pick through rolls of pennies from the bank, and save the pre-1982 cents for when I can sell them for their copper value once production is discontinued. The other day I was pleasantly surprised to find a wheatback penny – a 1956-D – in a roll. Still a few of them out there in circulation!

By: tom thumb

tom thumb — Sun, 13 Nov 2016 21:05:12 +0000

Maybe Trump can get rid of the penny, and The $1.00 bill !

By: Munzen

Munzen — Sat, 12 Nov 2016 16:32:42 +0000

Stu –
I agree completely about getting rid of the $1 and $2 bill in favor of coins! It’s ridiculous that we Americans are so perversely resistant to a $2 denomination (in ANY form) when it works well in nearly every other major country on the planet. And it’s offensive that Congress has bent to Crane Paper’s lobbying to preserve their profits by mandating continued production of oceans of wasteful $1 bills.

That said, the half dollar may not be dead in Canada. There’s been recent talk of eliminating the 5¢ piece as well and revising denominations along the lines of New Zealand’s system. Denominations would follow a true decimal pattern of 10¢, 20¢, 50¢, $1, and $2. Without nickels it would be very difficult to make change for a quarter and in any case there aren’t many Spanish 2-bit pieces still being used, haha!

By: Stuart J. Wheeler

Stuart J. Wheeler — Fri, 11 Nov 2016 22:29:47 +0000

The question should be, when will the US catch up with Canada and stop making pennies; stop making halves; stop making $1 banknotes and return the $1 coin to circulation status; stop making $2 banknotes and replace them with a $2 coin like Canada. Dare I say stop production of $5 banknotes also and replace them with a $5 coin. In addition, the $50 and $100 banknotes should be discontinued as well since plastic credit/debit cards are now used for most transactions nowadays.

By: Brian Y

Brian Y — Fri, 11 Nov 2016 20:50:32 +0000

When will the US catch up with Canada & stop making the 1 cent coin?