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<p>[QUOTE=&quot;justafarmer, post: 26052040, member: 3926&quot;]Not necessarily - breakage, absent of Federal guidelines, would more than likely be determined by State Law with a possibility of the State itself claiming all breakage as their money. Sort of transforming the breakage into a hidden sales (transaction) tax. </p><p><br /></p><p>While there is no doubt the US Government would save money doing away with the production of the cent. I think the cost savings is probably overstated. All the allocable expenses such as overhead, indirect labor and other such non-variable fixed cost absorbed by cent production would have to be absorbed by the production of the other denominations causing the per unit cost for producing these go up accordingly. </p><p><br /></p><p>Then there is the cost incurred by the general public due to eliminating the cent. Such as updating cash registers, payroll systems and such that are now programed based on the premise that 1 cent exists.[/QUOTE]</p><p><br /></p>

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