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<p>[QUOTE="jnpjresq, post: 334185, member: 10353"]I said it before and I'll say it again, to make a decimal monetary system like ours work, you need the cent as the smallest denomination - if for no other reason to make change. A postage stamp is .41 - sales tax (in Buffalo, NY) is 8.5% rounding up to the nearest .05 is gonna cost ya. Electronic transactions have not slowed cent production in recent years. </p><p>The mint will have to make copper coated steel cents like Canada or make them smaller or both.[/QUOTE]</p><p><br /></p>
[QUOTE="jnpjresq, post: 334185, member: 10353"]I said it before and I'll say it again, to make a decimal monetary system like ours work, you need the cent as the smallest denomination - if for no other reason to make change. A postage stamp is .41 - sales tax (in Buffalo, NY) is 8.5% rounding up to the nearest .05 is gonna cost ya. Electronic transactions have not slowed cent production in recent years. The mint will have to make copper coated steel cents like Canada or make them smaller or both.[/QUOTE]
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