The price of copper and of nickel is very important for the production of pennies and nickels for circulation. Despite the prohibition of melting or export of pennies and nickels, if the price of copper and nickel reaches a certain level, it will be necessary to stop making those coins or change their metal content…. the behavior of bitcoin prices and other such things doesn’t have much relevance, since the producers and consumers of copper and nickel deal in physical metal and not mythical digital whatever… you don’t manufacture stainless steal pots, or copper electrical components out of digital fantasy.

If you find an old jar of 1c and 2c coins, you can take them to the bank and get face value paid to you.

I’m certainly not telling America what to do, and as a coin collector, I really don’t want the physical currency to disappear, however it makes life much easier moving away from smaller denominations.

There’s even talk here of getting rid of the 5c coin … though I reckon it will kick around until we move to a totally cashless/digital payment platform.

That move to digital payments is much easier in Australia as we have 4 major banks, and standardised communication platforms between them, so paying for something is as easy as tapping your phone/watch against the reader and the payment is near instant.

I knocked a 5 cent coin into the bin next to my desk, and couldn’t be bothered reaching down to pull it out. Eventually guilt got to me and i fished around the bottom of the bin liner and retrieved it, but I don’t know why. My country has basically gone cashless, and its nearly impossible to get rid of 5c coins.

its not a $100.00 bag its a 100 coin bag

Kaiser —
I gave the young lady at my local Mexican Food Drive Thru 7 rolls of pennies and 4 loose ones to pay for my $3.54 Taco Tuesday order this week. She looked confused and said “excuse me” while she went back to talk with her supervisor … as she apparently had never seen rolls of coins. She then asked me “how much change do I owe you?”

Next week I’ll give her some additional education by using a roll of Nickels, 3 rolls of pennies, and 4 loose ones. I just don’t think she’s up to making change from a roll of quarters, a roll of pennies and 4 loose ones quite yet ….
— Mike.

Ok let’s take a step back you just said the hundred dollar bill is not even worth the paper its printed on, and then you question (questions are good) the physical manifestations of BTC. Both are built on Trust. There is no amount of physical backing that 100. We just trust it. BTC will go away when the internet goes away. We trust the internet doesnt go away. Please keep this a physical coin forum. LIBERTY! Keep pondering!

They can mint all the cents we want and there would be another coin shortage eventually for some unforsaken reason. Hmmm, after all, these coins, even a penny has more value than people utilize. If a penny is 1.7 cents to create today, but it’s used x amount of days x amount of times the value is astronomical. Almost every day I can get pennies over 50 years old, if that penny is used 100 times a day, everyday, its adds up to close to $20,000 in transactional value over 55 years or so, yeah yeah there is variables not included but I just want you to see there is a lot of value when you put your money to work. The mint does a good job of that.