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<p>[QUOTE=&quot;cladking, post: 2327205, member: 68&quot;]When they discontinue maintaining the cents in circulation they will most probably melt all the coins on hand and announce a redemption period during which people can return coins to the FED.&nbsp; Many voters would be quite angry to be stuck with hundreds or thousands of cents with no recourse.&nbsp; The number of these coins in FED inventory is not very high and few pennies would be redeemed anyway.&nbsp; But we&#039;re still talking many tons of zinc and copper so the FED isn&#039;t going to bury the coins in landfill.&nbsp; They will be sold to manufacturers who will use them as chill scrap in their various processes and alloy production.&nbsp; In less than a year all the cents in circulation will be turned into consumer products where they belong. </p><p>&nbsp;</p><p>This is the fate of all base metal coins, all coins now days.&nbsp; They are eventually inflated to having no value (like the penny ~1982) and then they are recalled and destroyed.&nbsp; Older coins were rarely recalled because they were just going to be debased meaning the public would hold onto their older coins.&nbsp; Try finding any specimens of the huge mintage old Indian coins.&nbsp; These coins were not only destroyed by the government as available but the public used them as fodder for various purposes as inflation ate away theiur face value.&nbsp; Many modern coins are actually quite elusive despite their enormous mintages for this reason.&nbsp; The Japanese hauled South American coins to Japan by the boat load all through the end of the last century. </p><p>&nbsp;</p><p>The same thing must happen to the penny and nickel.&nbsp; Eventually it will even happen to the cl and some sad day to the small dollar.&nbsp; So long as government spends far more than it has the currency must erode and every material has some value by the billions.[/QUOTE]</p><p><br /></p>

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