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<p>[QUOTE="ErolGarip, post: 2874075, member: 88736"]99,9999% of people do not have the cent in their pockets. You are one of very very few people doing that. You are a good guy for those who have been trying to circulate the cent. But, you too probably know that circulation of the cent has never worked and will never work, either. </p><p><br /></p><p>Some people, many people say that its material value of the cent is higher than its face value that is the numeral on the cent coin that is "1". For example, they are saying that its material (cupper zinc alloy) costs nowadays 1.5 cents or even more. So, somehow, if it is really circulated in mass volume, there is 50% or more profit for "whole collectors" and this is another obstactle in the circulation of cent. The cent coin is around 2 grams, but, lets say it is lowered to 1 gram. Even if it is made of cheap steel, material cost of the cent coin will exceed its face value in some years. There are also some other obstacles that prevent circulation of the cent. </p><p><br /></p><p>So, while it is a waste of effort to try to circulate the cent it is nonsense to do so. But, the cent has to exist. It is still money even if it is not circulated. So, the only way is to keep the cent in your pocket and you don't need to use it in purchase etc and you don't need to receive it at every purchase. Having at least one 1cent always in the pocket is sufficient. When everybody does this this 2500 years old historical cent problem will have been solved.[/QUOTE]</p><p><br /></p>
[QUOTE="ErolGarip, post: 2874075, member: 88736"]99,9999% of people do not have the cent in their pockets. You are one of very very few people doing that. You are a good guy for those who have been trying to circulate the cent. But, you too probably know that circulation of the cent has never worked and will never work, either. Some people, many people say that its material value of the cent is higher than its face value that is the numeral on the cent coin that is "1". For example, they are saying that its material (cupper zinc alloy) costs nowadays 1.5 cents or even more. So, somehow, if it is really circulated in mass volume, there is 50% or more profit for "whole collectors" and this is another obstactle in the circulation of cent. The cent coin is around 2 grams, but, lets say it is lowered to 1 gram. Even if it is made of cheap steel, material cost of the cent coin will exceed its face value in some years. There are also some other obstacles that prevent circulation of the cent. So, while it is a waste of effort to try to circulate the cent it is nonsense to do so. But, the cent has to exist. It is still money even if it is not circulated. So, the only way is to keep the cent in your pocket and you don't need to use it in purchase etc and you don't need to receive it at every purchase. Having at least one 1cent always in the pocket is sufficient. When everybody does this this 2500 years old historical cent problem will have been solved.[/QUOTE]
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