Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Uncirculated $1 coins?
>
Reply to Thread
Message:
<p>[QUOTE="Mike Thornton, post: 4563785, member: 105289"]Who remembers, the early 1970's when copper prices were spiking and the mint experimented with other metals, including aluminum. There was a call to eliminate the Cent all together. I recall strong push back from the public, primarily retailers, on how do you conduct cash business? Would prices become rounded to the nickel? Who took the loss, customer or retailer? Then the novel idea, of placing a large jar of "Penny (cent) Candy" by the counter. If the customer didn't like the rounding, they could take a piece of candy, or two, or three to make up the difference. Another belly flop. Can you imagine the money that could be saved if the government didn't mint Cents? I had to go back to 2015 to find mintage numbers on cents. Philly produced 4,691,300,000 and Denver produced 4,674,000,000 Zincolns.[/QUOTE]</p><p><br /></p>
[QUOTE="Mike Thornton, post: 4563785, member: 105289"]Who remembers, the early 1970's when copper prices were spiking and the mint experimented with other metals, including aluminum. There was a call to eliminate the Cent all together. I recall strong push back from the public, primarily retailers, on how do you conduct cash business? Would prices become rounded to the nickel? Who took the loss, customer or retailer? Then the novel idea, of placing a large jar of "Penny (cent) Candy" by the counter. If the customer didn't like the rounding, they could take a piece of candy, or two, or three to make up the difference. Another belly flop. Can you imagine the money that could be saved if the government didn't mint Cents? I had to go back to 2015 to find mintage numbers on cents. Philly produced 4,691,300,000 and Denver produced 4,674,000,000 Zincolns.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Uncirculated $1 coins?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...