Penny debate in the United States

[Copper Catcher]

http://en.wikipedia.org/wiki/Penny_deba ... ted_States

[cupronickel]

So , if the silver coin melt ban wasn't lifted until 1969 ( five years after the change),
how long will take to lift the cent/nickel melt ban ?

[penny pretty]

quite educational. TY.

[dannan14]

I found the fourth point in the "Arguments for Preservation" to be interesting,

Deflationary effects — Some have argued that because inflation raises production costs of the penny to exceed its value, this imposes limits on the amount of inflation that can be caused by central banks.

Unfortunately, no source was cited so i have no idea of the qualifications of those some who have made this argument.

[Copper Catcher]

Americans for Common Cents http://www.pennies.org/
VS
Citizens for Retiring the Penny http://www.retirethepenny.org/

[henrysmedford]

Americans for Common Cents http://www.pennies.org/

They are a front group for Jarden zinc who makes the planchets for the cents. http://www.allzinc.com/

From http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=8DE7EAF8-2B94-46EC-BEE8-EC6860F678AF



Americans for Common Cents and SNR Denton have the same address.

See http://www.snrdenton.com/locations/united_states/washington,_dc.aspx

SNR Denton is a client-focused international legal practice delivering quality and value.
We serve clients in key business and financial centers from more than 60 locations worldwide, through offices, associate firms and special alliances across the US, the UK, Europe, the Middle East, Russia and the CIS, Asia Pacific and Africa, making us a top 25 legal services provider by lawyers and professionals.

And
http://www.pennies.org

Americans for Common Cents
1301 K Street NW
Suite 600, East Tower
Washington, D.C. 20005-3364
Phone (800) 561-7909