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<p>[QUOTE=&quot;yakpoo, post: 715597, member: 18157&quot;]The topic at hand is whether or not to retire the penny. If the valuation of the penny is less than the needs of Commerce, then it should be retired...(imho).</p><p>&nbsp;</p><p>I lived in South Korea from 1986 to 1991. When I got there, you could still find 1 and 5 won coins...you could buy an egg for 5 won. When I left, the lowest denomination in circulation was 100 won. </p><p>&nbsp;</p><p>The South Korean&#039;s adjusted their currency to meet commercial needs. Why don&#039;t we do that in this country when coins lose their commercial value...as has the penny?[/QUOTE]</p><p><br /></p>

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