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<p>[QUOTE=&quot;ewomack, post: 7850149, member: 15588&quot;]My understanding is that it takes an act of Congress to change coinage and any proposed legislation typically falls into the &quot;lower priority&quot; category and just gets dropped and ignored. Canada doesn&#039;t have that problem (or they at least have fewer problems), so they had an easier time abolishing the cent. </p><p><br /></p><p>As I said elsewhere, pretty much all modern coinage exists to make change. A quarter by itself buys very little to nothing these days (it apparently has the same purchasing power today that a half cent had in the 1840s). At some point the exceedingly irrelevant denominations in pocket change will become too excruciatingly irrelevant to ignore and something might just happen.</p><p><br /></p><p>Until then, or until someone with enough power in Congress gets behind coinage reform, nothing will change. The Mint remains profitable overall despite the strange seigniorage of cents and nickels, so it won&#039;t rise to the level of an emergency anytime soon.[/QUOTE]</p><p><br /></p>

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