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<p>[QUOTE="playpossum0985, post: 26101087, member: 23806"]If I remember History correctly, our money originally was intended to hold a metal value as well was it not? Copper, Brass, Bronze, Nickel, Silver, Gold... all hold their own value, therefore even if melted, they were still worth their weight. Paper money used to be backed by, and exchanged for, Gold & Silver... Now, just for goods, services, and taxes. </p><p><br /></p><p>I see a fairly simple solution to this upcoming lack of "Cents". Just as we are seeing now, it's sometimes a good thing to re-evaluate and reflect on what has worked more efficiently in the past, a get back to basics approach if you will. </p><p><br /></p><p>I would simply propose a Copper/Nickle or Bronze, Alloy mix, minted in 2 Cent & 3 Cent denominations and eliminating the 1 Cent & 5 cent Nickel entirely. Or just do a 2-1/2 Cent coin. This also keeps the math closer to correct for us simpletons.</p><p><br /></p><p>I'm sure there are ways to streamline the minting processes as well, from the Mines to the Refineries and the Mint's. We have plenty of copper, and nickel, it just needs to be dug up or remelted from old coins. It's all just basic supply and demand. But the cost of fuel is the largest contributing factor to the cost of everything nowadays.[/QUOTE]</p><p><br /></p>
[QUOTE="playpossum0985, post: 26101087, member: 23806"]If I remember History correctly, our money originally was intended to hold a metal value as well was it not? Copper, Brass, Bronze, Nickel, Silver, Gold... all hold their own value, therefore even if melted, they were still worth their weight. Paper money used to be backed by, and exchanged for, Gold & Silver... Now, just for goods, services, and taxes. I see a fairly simple solution to this upcoming lack of "Cents". Just as we are seeing now, it's sometimes a good thing to re-evaluate and reflect on what has worked more efficiently in the past, a get back to basics approach if you will. I would simply propose a Copper/Nickle or Bronze, Alloy mix, minted in 2 Cent & 3 Cent denominations and eliminating the 1 Cent & 5 cent Nickel entirely. Or just do a 2-1/2 Cent coin. This also keeps the math closer to correct for us simpletons. I'm sure there are ways to streamline the minting processes as well, from the Mines to the Refineries and the Mint's. We have plenty of copper, and nickel, it just needs to be dug up or remelted from old coins. It's all just basic supply and demand. But the cost of fuel is the largest contributing factor to the cost of everything nowadays.[/QUOTE]
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