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U.S. Mint PSA Urges Coin Redemptions
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<p>[QUOTE="yakpoo, post: 4713176, member: 18157"]Well, perhaps I didn't express myself well. The cafeteria in the building where I last worked, stopped taking cents a few years ago. I asked about it and they said that handling cents was more time and effort than they were worth. They simply adjusted their back-end prices/portions to be revenue neutral. </p><p><br /></p><p>For years before that, people would just put their cents (and nickels) in a cup at the register...they didn't want them, either. If you needed a cent or two, you would pull from the cup. This simply ended all the time and commotion of dealing with these worthless coins.</p><p><br /></p><p>There's ZERO (0) reason the same can't be done for nickels and dimes; they're obsolete. There's a reason why we retire the Half Cent. Today's Dime has a purchasing value less than a 1960 cent...so why do we continue with cents, nickels, and dimes today...there's no valid requirement for them and no one wants them.[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 4713176, member: 18157"]Well, perhaps I didn't express myself well. The cafeteria in the building where I last worked, stopped taking cents a few years ago. I asked about it and they said that handling cents was more time and effort than they were worth. They simply adjusted their back-end prices/portions to be revenue neutral. For years before that, people would just put their cents (and nickels) in a cup at the register...they didn't want them, either. If you needed a cent or two, you would pull from the cup. This simply ended all the time and commotion of dealing with these worthless coins. There's ZERO (0) reason the same can't be done for nickels and dimes; they're obsolete. There's a reason why we retire the Half Cent. Today's Dime has a purchasing value less than a 1960 cent...so why do we continue with cents, nickels, and dimes today...there's no valid requirement for them and no one wants them.[/QUOTE]
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