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<p>[QUOTE=&quot;Conder101, post: 1651182, member: 66&quot;]Actually there is no reason to set up an &quot;official&quot; redemption.&nbsp; As cents come into the central banking facility they are simply not shipped back out.&nbsp; Since cents are pretty much a one way circulation coin, from the mint to the consumer to the change jar, relatively few will be coming back.&nbsp; And as people see fewer of them or hear that they have been discontinued, the rumors will start &quot;that they are going to be rare someday&quot; and the public will&nbsp; will assist in causing them to disappear into hoards and NOT be returned to the banks.&nbsp; If they don&#039;t come back, they don&#039;t have to be redeemed.&nbsp; This cuts costs.&nbsp; Sure some will eventually come back, but most will be held for a long time which is basically a long term interest free loan to the government.&nbsp; And once they are out of circulation you can remove the melting ban and many will be melted by private business and the government will never have the expense of redemption.&nbsp; (On the down side private industry will get the copper cents and the relatively few that do come back to the government will mostly be the Zincolns.)</p><p><br /></p><p>The reason Canada is doing an active recall campaign it they are trying to buy a bunch of cheap copper, but that works best if the percentage of copper cent in circulation is still high. (So you can get a bunch before it goes into hiding.)&nbsp; In the US the percentage is already down to around 20% so an active recall would acqure more zinc than copper and negate the profit margin.[/QUOTE]</p><p><br /></p>

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