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A Dunkin' Donuts Sort Of Abolishes Pennies
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<p>[QUOTE="medoraman, post: 1025102, member: 26302"]The billions lost every year has nothing to do with minting costs, it is the lost efficiency due to handling large numbers of coins that slow everything down. That cost is 100x mintage losses.</p><p><br /></p><p>Coleguy, my point is that transactions should be rounded to the nearest nickel, meaning I would keep my money thank you, but would simply have them in nickel denominations not in one cent pieces.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1025102, member: 26302"]The billions lost every year has nothing to do with minting costs, it is the lost efficiency due to handling large numbers of coins that slow everything down. That cost is 100x mintage losses. Coleguy, my point is that transactions should be rounded to the nearest nickel, meaning I would keep my money thank you, but would simply have them in nickel denominations not in one cent pieces.[/QUOTE]
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