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Coin Composition Changes Proposed Yet Again, but Now in Obama’s Budget
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<p>[QUOTE="cladking, post: 808753, member: 68"]OK. This can work but it works against the consumer to round up all the time. Some stores will take advantage by not having quarters and always rounding up. How many people will slow a line up looking for enough dimes to complete a transaction so that 5c doesn't get rounded up. I might. </p><p><br /></p><p>Why not just issue a cheaper nickel and solve this problem completely so it doesn't work out against anyone? You never need more than a single nickel in a transaction so it's not like it's a big pain. </p><p><br /></p><p>I do agree with you that 5c isn't much money but neither was a penny forty years aqgo when they used to make sense. 10c is plenty fine enough a division but 5c is still needed to make a fair exchange when there are dimes and quarters circulating.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 808753, member: 68"]OK. This can work but it works against the consumer to round up all the time. Some stores will take advantage by not having quarters and always rounding up. How many people will slow a line up looking for enough dimes to complete a transaction so that 5c doesn't get rounded up. I might. Why not just issue a cheaper nickel and solve this problem completely so it doesn't work out against anyone? You never need more than a single nickel in a transaction so it's not like it's a big pain. I do agree with you that 5c isn't much money but neither was a penny forty years aqgo when they used to make sense. 10c is plenty fine enough a division but 5c is still needed to make a fair exchange when there are dimes and quarters circulating.[/QUOTE]
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Coin Composition Changes Proposed Yet Again, but Now in Obama’s Budget
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