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<p>[QUOTE=&quot;Conder101, post: 26057671, member: 66&quot;]Nope, they have been investigating replacement metals for the one and five cent for over ten years now, issuing a report every two years which basically says the same thing each time.&nbsp; They have investigated the possibility of using aluminum but it has problems.&nbsp; It is actually harder on the dies, and when you run the coins through high speed counting machines they have a tendency to cold weld themselves together wrecking both the coins and the machines.</p><p><br /></p><p><br /></p><p>And when the businesses find they have to buy cents at four cents apiece (Possibly more since they will start losiing economy of scale making the cents cost even more.) they won&#039;t do it and instead will just start rounding prices.</p><p><br /></p><p><br /></p><p>Nothing, they will remain.&nbsp; 99 cent item plus in my area 7% sales tax makes it 1.06 which gets rounded to $1.05</p><p><br /></p><p><br /></p><p>And your competitor down the street DOES round so his prices are always lower and he takes all your customers.&nbsp; Your greed runs you out of business while your competitor makes out like a bandit.</p><p><br /></p><p><br /></p><p>Well steel would be cheaper than zinc, say .3 cents instead of .7 cents, but since the manufacturing cost is still 3 cents each......</p><p><br /></p><p><br /></p><p>Once they are discontinued the Fed will ship any that come in back to the mint for recycling.&nbsp; Once people realize they are going to be made anymore some people will hoard them in the hopes that they will be &quot;rare and valuable&quot; some day.&nbsp; other just won&#039;t bother with trying to return them because &quot;they aren&#039;t worth fooling with&quot;&nbsp; Some will find their way back to the stores and banks.&nbsp; The stores will ship any they get back to the bank, and the banks will ship them back to the Federal Reserve.&nbsp; Within less than a years time the cent will be gone from circulation for all practical purposes.</p><p><br /></p><p>And you can&#039;t set prices so they will always round up unless you forbid you customers to buy more than one item at a time.&nbsp; Yes you can set your prices so that ONE item always rounds up, but once customers start buying multiple items you start getting random amounts again and once the tax is applied to the total once again sometime it will round up and sometimes it will round down.</p><p><br /></p><p>Also most business with just use the rounding feature that is already built into their electronic cash registers, and it will round up and down.&nbsp; Now you could try sticking with your current setting and round up yourself manually.&nbsp; But you are now in the position of having one price showing on the register while you look them in the eye and quote a higher price.&nbsp; That isn&#039;t going to go over well with you having to explain to each customer why you are &quot;overcharging them&quot;.&nbsp; (While you competitor down the street is letting his register do the rounding so his prices are lower and he isn&#039;t having to make these explanations.)[/QUOTE]</p><p><br /></p>

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