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<p>[QUOTE=&quot;Collecting Nut, post: 2208285, member: 74863&quot;]The flip side of that (penny) coin is the billions of dollars that would be lost due to collectors not having anything to collect. The mint sales alone would drop. People don&#039;t drop as many nickels as they do pennies. Sure I bend over more but I find a lager amount. Those little pennies add up.</p><p><br /></p><p>Ever give a sales clerk a penny after they opened the cash drawer? They can&#039;t figure out the correct change to give you. Imagine what would happen if you gave them a whole nickel. Without out cents the space for them would be taken up by the extra nickels that are required to give change. Not to mention the number of jobs lost due to no pennies. Not just jobs at the mint but from the maker of those round blanks and the container that they are shipped in, the truckers that carry them to the mint, the miners and refiners that produce the metals necessary for minting, the designers of the coins.</p><p><br /></p><p>Since they will all be out of jobs, the money they have been spending will be lost to local economies. No more nights out, or going out to dinner. No need for a baby sitter so the sitter will stop shopping. Less stops at the local convenience store. Some of those people will loose their jobs in the trickle down effect. Before it&#039;s all over and done with we have a recession. Why? All because we stopped making the penny which I enjoy and love to collect as do millions of other Americans.</p><p><br /></p><p>I submit that the penny does more for commerce than what we think it does. We also stopped making the $.02, $.03, and $.20 cent coins. The public rejected them for use. If the penny was not in demand, we would not be producing hundreds of billions of them every year. The public demands their usage.[/QUOTE]</p><p><br /></p>

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