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<p>[QUOTE="ewomack, post: 7834066, member: 15588"]I agree. I've read in a few places that half cents, which circulated between 1793 and 1857, were created mostly to "make change" because the monetary system would often create a half cent gap in exchanges. Now it feels as if <i>all</i> modern coinage exists merely to "make change" because it really lacks any substantial purchasing power all by itself.</p><p><br /></p><p>For the first time in a long time I bought something with a $20 bill yesterday. I only bought a bottled water and a "protein bar" and it came to maybe $2 and something, I don't remember the exact amount. In change I received a $10 bill, a $5 bill, a few $1 bills, a dime and 2 cents. When I looked at the bundle of change, the first I had seen in a long, long time, I realized that I could really do anything meaningful with only the bills. The change was just that, all change. Nothing more than left over fractions. Alone, it would buy me nothing. Even the $1 bills arguably have little value anymore all by themselves. Add a quarter or two to the pile and the situation wouldn't alter at all.</p><p><br /></p><p>The coins went into a long neglected change jar where they will likely sit forever because my bank removed their change counters. And why would I ever put 12 cents into my pocket or take it with me? If I did, it would only be to "make change."</p><p><br /></p><p>I agree that the effort put into modern coinage has become a little difficult to appreciate.[/QUOTE]</p><p><br /></p>
[QUOTE="ewomack, post: 7834066, member: 15588"]I agree. I've read in a few places that half cents, which circulated between 1793 and 1857, were created mostly to "make change" because the monetary system would often create a half cent gap in exchanges. Now it feels as if [I]all[/I] modern coinage exists merely to "make change" because it really lacks any substantial purchasing power all by itself. For the first time in a long time I bought something with a $20 bill yesterday. I only bought a bottled water and a "protein bar" and it came to maybe $2 and something, I don't remember the exact amount. In change I received a $10 bill, a $5 bill, a few $1 bills, a dime and 2 cents. When I looked at the bundle of change, the first I had seen in a long, long time, I realized that I could really do anything meaningful with only the bills. The change was just that, all change. Nothing more than left over fractions. Alone, it would buy me nothing. Even the $1 bills arguably have little value anymore all by themselves. Add a quarter or two to the pile and the situation wouldn't alter at all. The coins went into a long neglected change jar where they will likely sit forever because my bank removed their change counters. And why would I ever put 12 cents into my pocket or take it with me? If I did, it would only be to "make change." I agree that the effort put into modern coinage has become a little difficult to appreciate.[/QUOTE]
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