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<p>[QUOTE=&quot;dbblsanta, post: 288613, member: 9189&quot;]I think people are missing my point. The Mint makes more pennies each year than all other denominations combined. The Mint makes very little profit from this, if any. What I&#039;m saying is take the current mintage of pennies: devote 3/4 of that to minting 2 cent pieces, a coin that is worth twice the amount of the penny (and hence the government might actually make money minting them). The remaining 1/4 will remain pennies.</p><p><br /></p><p>Unlike the 1/2 dollar coin, people will be forced to use the 2 cent coins because the pennies won&#039;t be there. If the government seriously reduced its mintage of quarters, then people would also be forced to use halves. There will be an insufficient number of pennies needed for circulation that there would be a serious penny shortage if businesses didn&#039;t use the 2 cent piece. Or, if people abandon the 2 cent piece, nobody will use 2 cent pieces OR pennies, and the prices would be rounded to the nearest nickel anyway, which is a policy many here seem to advocate. The consumers would decide.</p><p><br /></p><p>This idea is meant to be an alternative to the &quot;keep the penny/abolish the penny&quot; debate. It&#039;s a third option that I think could be very viable.</p><p><br /></p><p>P.S. To the poster who suggested a 3 cent coin: that would be not cool. Do you know how hard that would be to make change counting by threes? Because 10 is not a multiple or factor of 3, it would just be too difficult.[/QUOTE]</p><p><br /></p>

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