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<p>[QUOTE=&quot;cladking, post: 2327686, member: 68&quot;]A business needs a steady flow of coins.&nbsp; Without a sufficient number of pennies they&#039;ll have to round ALL cash transactions.&nbsp; When all the stores are rounding there will be no place in the cash register for pennies and no mechanism for people to get rid of their cents. </p><p>&nbsp;</p><p>There&#039;s really only a single solution and this is to cut off penny use through fiat or edict and recall the pennies.&nbsp; They wouldn&#039;t have to announce a time limit but without a time limit fewer would come back and more would end up as litter and waste.&nbsp; The infrascructure is already in place to move these coins around and it won&#039;t exist in a few years after the cessation of penny production.&nbsp; So they&#039;ll probably put a time limit on how long you can return pennies. The time limits are usually long enough that there is no mad rush to dump coins.&nbsp;&nbsp; I doubt there will be an extremely large number returned because most of these have already been destroyed. Pennies just don&#039;t have much value now days and many people will want to keep them as a memento or because they think they&#039;ll be valuable.&nbsp;&nbsp; I&#039;d guess the FED, mints, and banks&nbsp; could hardly scare up 10 billion of them and there are another 40 billion held by the public of which fewer than half would be redeemed. </p><p>&nbsp;</p><p>Penny drives near the end of the redemption period should be very highly effective.&nbsp; &quot;Penny&quot; drives in the future will be more profitable because they&#039;ll get lots of nickels and dimes.&nbsp; Pennies today are an albatross.&nbsp; They are an anachronism that reminds us of a time that not only dollars had value but even one cent had value.[/QUOTE]</p><p><br /></p>

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