The Born Loser by Art and Chip Sansom for February 19, 2025

Pennies for your thoughts?

Well that was fast. Cutting it pretty darned close to the deadline, are we?

What will throw into the fountains?

3 cents to make a penny but 14 cents to make a nickel. Penny not used anyway. Dump penny and round up or down. And get rid of DST one way or the other.

It costs 13.8 cents for the US Mint to make a nickel. Cheaper to keep the penny and drop the nickel.

Nice pun uncle Ted

I took my grandson to the store today. I told him about the pennies. He found one on the floor and was playing with it. It fell and rolled under a shelf. He bent down to try to get it and found an Iphone. I told him he was a hero for taking it to the Service Desk and that the penny was a lucky one.

No opinion, I never carry cash anymore. BUT I’m going to because sometimes I see homeless people that I believe could honestly use a few bucks. Saw one yesterday and I had no $$. Certainly not all, When I go to Summerfield there is a lady sitting on an island at an intersection with her baby EVERYDAY…She does not appear disabled…she doesn’t convince me

Money for nothing

After 90 days in a wheelchair, this morning I begin rehabilitation physiotherapy for my fractured femur and hip. Finally!

Canada stopped making pennies in 2013 for the same reason.

Say goodbye to those $4.99 deals.

Quick, stockpile, now, incredibly valuable, can’t wait for the infomercial.

lol! Good one, Chip!

They’ve been talking about this for how many decades now? I’ll not hold my breath waiting.

They could save 2 cents by making the pennies worth a nickle. Then make nickles worth a dime, turn dimes into quarters. convert quarter to half dollars, half dollars to dollar and finally make the dollar coin out of paper.

Except they are legally required to keep minting until CONGRESS changes the law since Article I of the Constitution reserves it for them.

How about, the cost must end in a 0 or a 5. Everything would round up by adding 1, 2, 3 or 4 cents. That would be the tax. No other taxes allowed. Honestly, pennies make good spacers and washers, for a lot less than spacers and washers actually cost.

Good one uncle Ted! I’ve been saving pennies for years. Are they going to be worth more or worthless?!?

Leave it to Uncle Ted .

Many here have mentioned what it costs to mint a Nickel, but what does it cost to mint Quarters, or print our money using special inks and paper?

Canada stopped producing pennies years ago.

maybe the pennies are worth three instead of just one. :D

A penny not minted is three cents earned.

Stopping production of pennies is not the same as taking the penny out of circulation. You will still be able to use the gazillion already in existence.

Good one Uncle Ted! And welcome back – it’s been too long. So much nicer seeing you in that chair than the bat’s nest haired old bat we usually suffer through!

I think trump’s idea is, for each penny not minted he gets three cents.

Yes Brutus just smile at that answer…….

Canada dropped the penny (figuratively speaking) years ago.

Retail will go into a tailspin….OY

I’m trying to make cents of the whole thing.

And it takes 14 cents to make a Nickel. If the penny is eliminated we’ll need to make more Nickels. This makes no cents

American coins should be the same as in Europe, 2c, 5c, 10c, 20c, 50c, 1 dollar and 2 dollars.

I put my two cents in and got a penny for my thoughts. Also I heard that they aren’t making yard sticks any longer. Soon the Ruler will have a short life span.

…and immediately make old “pennies” (cents, actually) collector’s items worth millions

Canada has done that for years. They just round the sales amount to the nearest 5 cent piece after the sales tax tabulation. Sometimes you win and sometimes you lose in the rounding process. It may be necessary; it may save some money, but it still is sad, as it represents the end of an era……

They’re getting some backlash over that, I mean how are stores supposed to have 99 cent sales, and what are you supposed give people for there thoughts.

I agree with Uncle Ted. He has wisdom.

No pennies up here since 2012. Prices are based on cash or card usage. Say an item’s final price is $4.03. If you pay by card you will be charged the $4.03. If you pay cash you will be charged $4.05. If it were $4.02 you would be charged $4.02 if card and $4.00 if cash. It evens out, and more and more are using cards rather than cash. And we don’t have to see King Chuckles every time we buy something.

They should revalue the dollar so that a new penny is worth five cents and a new nickel is worth a quarter and the new dollar is worth $5, etc. Some billionaires might whine, a lot! But I can live with that.

Up here in Free Canada, we got rid of the CENT years ago. (A penny is 1/100th of a pence. 1 Cent is 1/100th of a dollar fyi…)

If the price with taxes is 1 or 2 cents, it rounds down to 0. If it’s 3 or 4, it rounds up to 5.

If it’s 6 or 7, rounds down to 5, if it’s 8 or 9, rounds up to 0.

Waa-waa-waa-waaaaaaa…LOL Rim shot

yeah but it costs 13 cents to mint a nickel…but 6 cents to mint a dime…what sense does this make? (see what i did there?)

So what’s going to happen to Lincoln, are they going to come up with a new coin to put his face on?

Another tax added to the people. How many times has your total came to a 0, or 5. No, it’s always 2 or 3. That means they will round up to 5 and its added another 2 to 3 % on the taxes you already have to pay. So what if it costs the government more to make a penny, than it is worth! In the long run it is going to cost the consumer thousands of dollars each year.

if we give up pennies we’d just be centsless…

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The idea isn’t that it takes more than a penny to make a penny. You can use a penny more than once. It’s that so few pennies are reused in a timely manner.