I agree with what you say about the penny and nickel Big T. All in all, the US Mint is not losing money as the others coins cover the losses of the penny and nickel.

Got nuthin’ on the hip hop hippotamus, his rhymes are bottomless. (Conchords) 😉

Uncle Sams Nephew for President!

What’s all this talk and balk about the nickel and penny go-away.

We’re the coin guys who squawk and hawk cents and that makes sense because they were found as bonus coins in sets, with hopes and bets that their value increases while the mint fleeces us with a free bonus if you are hooked on the mint’s phone-us or the predictable “no-way Jose” on the mint’s bad gateway any day for a nickel or penny, even after Rider called it a day, they still up-price us, yes, they fleece us.

I’m willing to let the mint make a killing while my orders are filling and in the future my pennies will bump up in value if I get off my rump and I don’t dump my old and new pennies into a clump sale on eBay, as long as the obverse displays our best president….Lincoln.

(Pretty bad, huh?)

Sierra Hotel! Kaiser all the way!!

Royal Mint currently has Queen, David Bowie, Elton John and The Who coin ranges and came out in that order. I have Queen and Bowie coins Kaiser.

Guess when Disney runs low on quarterly performance rolls out a new Marvel hero for some quick bucks? 😉

There are still tremendous amount of people under-banked in USA. COVID has forced many to use cards or some form of electronic payment lowering coin usage to sector specific Industries for the most part.

I am with you that some of those Industries going digital / electronic to help with maintenance. Suspect those sectors will either have a machine to take in currency and provide a cash card and/or accept credit debit cards.

There’s a population that will not get cards be it because of lack/bad credit, distrust of banking system, newly arrived aliens (legal or illegal) etc., etc.

There are definitely still slot machines that use coins. If youre in Vegas you can look them up, its only a couple places but theyre not extinct like phone booths. And I’m not even going to address the other stuff. You realize $63 million dollars in coins are thrown in the trash(sometimes vacuumed up, or myself, I throw pennies away often times. Not always but sometimes. Or they will otherwise go extinct around the country (thrown in the ocean, dropped in the middle of the forest, buried under somebodys grass)…so no, getting a few million pennies from coin jars is not going to do jack squat. That would be gone in a matter of months.

And trust me, you dont want everything to go digital. Good luck paying or getting paid for anything independently/without being taxed every transaction. Paying your buddy to help you move your apartment? Youll be paying taxes on it. First a transaction fee, and then youll have to tell them why youre paying him, and he’ll be taxed on his income. No, nevermind, we should trust the government to make a good digital currency system, they always have great ideas to equally improve the country. Not.

Sir Kaiser, you are really on a roll today (LOL)! That has to be the best explanation of inflation ever.