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<p>[QUOTE="Conder101, post: 3741182, member: 66"]Because as long as banks request cents from the Federal Reserve, and the Fed requests them from the Mint, the Mint has to keep making them. The Mint HAS to make coins to fulfill Fed requests, the Fed does NOT have to order coins to fill bank orders.</p><p><br /></p><p>There are two ways that the cent could be discontinued for circulation. The Congress could vote to end the authorization for the cent, or the Fed could simply stop ordering them. If Congress says stop that it they are done. If the Fed stopped ordering, but then say five years later ordered them again, the mint would strat making them again. There is precedence for the Fed ending orders and the coin production ending. In 2001 the stopped ordering half dollars. In 2009 they stopped ordering nickels and dimes and the Mint stopped making them. When the Fed ordered them again in 2010 the mint started making them again. If the Fed stops ordering cents we would get rid of the cent without having to have the Congress end them. And since they are still authorized, the mint could still make them for collector sets.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 3741182, member: 66"]Because as long as banks request cents from the Federal Reserve, and the Fed requests them from the Mint, the Mint has to keep making them. The Mint HAS to make coins to fulfill Fed requests, the Fed does NOT have to order coins to fill bank orders. There are two ways that the cent could be discontinued for circulation. The Congress could vote to end the authorization for the cent, or the Fed could simply stop ordering them. If Congress says stop that it they are done. If the Fed stopped ordering, but then say five years later ordered them again, the mint would strat making them again. There is precedence for the Fed ending orders and the coin production ending. In 2001 the stopped ordering half dollars. In 2009 they stopped ordering nickels and dimes and the Mint stopped making them. When the Fed ordered them again in 2010 the mint started making them again. If the Fed stops ordering cents we would get rid of the cent without having to have the Congress end them. And since they are still authorized, the mint could still make them for collector sets.[/QUOTE]
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