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Please, Finally, End the Penny

PostPosted: Sun Jun 17, 2012 7:08 pm
by Copper Catcher
http://www.nytimes.com/roomfordebate/20 ... -the-penny

By David Owen, a staff writer for The New Yorker, is the author of "Green Metropolis" and "The Conundrum." April 4, 2012

Re: Please, Finally, End the Penny

PostPosted: Sun Jun 17, 2012 7:18 pm
by inflationhawk
Amen.

Re: Please, Finally, End the Penny

PostPosted: Sun Jun 17, 2012 7:25 pm
by John_doe
let's say they do pull the nickel and penny from circulation. do you think the sorters/hoarders will see more liquidity and even spot plus premium for these coins?

Re: Please, Finally, End the Penny

PostPosted: Sun Jun 17, 2012 10:38 pm
by Sheba
John_doe wrote:let's say they do pull the nickel and penny from circulation. do you think the sorters/hoarders will see more liquidity and even spot plus premium for these coins?
:D


Well, I can't speak for the nickle, but it sure seems to me that the copper penny would do well if the US quit minting them. I suppose the nickle would do as well or better based on spot prices. Just my uninformed opinion :D