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Should the United States bring back the 2-cent piece?
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<p>[QUOTE="cladking, post: 289328, member: 68"]The cost of fabrication is probably over one cent for any metal. There is no material cheap enough when you add in the cost of making the coin.</p><p><br /></p><p>More importantly the fact still remains that it costs more to use a penny than to round off. There is still a loss of time and effort even if pennies were free. Even if the metal were free and it was made into a coin for free it's still a waste of space. Many things are priced in 1/3 or 1/10 cent. Are we next going to look for a material to make .1, .333..., and .23 cent coins to even out purchases? Where does it end? The Lincoln was a lot of money when it started back in 1909. It is far less than the lowest common denominator now. There are no consumer goods that cost less than about 8.5c any longer so why have a coin that is needed in piles to buy the cheapest item in the world? This is the 21st century and gumballs cost a quarter now.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 289328, member: 68"]The cost of fabrication is probably over one cent for any metal. There is no material cheap enough when you add in the cost of making the coin. More importantly the fact still remains that it costs more to use a penny than to round off. There is still a loss of time and effort even if pennies were free. Even if the metal were free and it was made into a coin for free it's still a waste of space. Many things are priced in 1/3 or 1/10 cent. Are we next going to look for a material to make .1, .333..., and .23 cent coins to even out purchases? Where does it end? The Lincoln was a lot of money when it started back in 1909. It is far less than the lowest common denominator now. There are no consumer goods that cost less than about 8.5c any longer so why have a coin that is needed in piles to buy the cheapest item in the world? This is the 21st century and gumballs cost a quarter now.[/QUOTE]
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Should the United States bring back the 2-cent piece?
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