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<p>[QUOTE=&quot;Conder101, post: 2851918, member: 66&quot;]Stores will not stop accepting them, but the cent is pretty much a one way coin, Mint - bank - Merchant -&nbsp; Customer - Change jar.&nbsp; If the stop making them the merchants will not be able to get them from the banks to make change, Fairly quickly this will result in rounding to the nearest five cents.&nbsp; Yes there will be a small amount of cents&nbsp; moving in the reverse direction Jar - Customer - Merchant, but at first those will go right back to customer and jar.&nbsp; There will not be enough of that back flow to allow the merchants to be able to make excat change and stop the eventual rounding.</p><p><br /></p><p>Once the rounding occurs then the merchants don&#039;t need the cents.&nbsp; Yes they will still take them if they come in, but then they will be a one way trip in the other direction.&nbsp; Since the merchant no longer needs them to make change they will go back to the banks. and since the merchants don&#039;t need them they will not be requesting them from the banks.&nbsp; They will pile up there and then be shipped back to the Federal Reserve.&nbsp; And this reverse flow will still be a trickle.&nbsp; Face it who is going to go out an buy something with rolls of cents?&nbsp; Sure some jars will be deposited at the banks, but if the merchants are no longer requesting cents where are they going to go?</p><p><br /></p><p>Final thing, during the early stages where they are still being used to make change and the merchants are desperate to get them, the average man on the street gets the idea that cents are becoming rare, and they WILL start hoarding them.&nbsp; Thus making it even more difficult for merchants to make change and accelerating the change to five cent rounding.&nbsp; (At first merchants and banks will offer premiums for rolls of cents, but that will not shake many loose, and may even increase hoarding hoping for even higher premiums.&nbsp; I&#039;ve lived through two cent shortages and seen this happen, and that was with the mint still making cents.)</p><p><br /></p><p>Remember the mint isn&#039;t making six to nine billion new cents every year because&nbsp; the economy has expanded so that we need that many more, they make them because all the ones they made last year have disappeared.&nbsp; (That is a bit of an exaggeration, but the average household of four only has to put aside, lose, or throw away four coins per week to consume the entire annual production of the mint, and then some.)[/QUOTE]</p><p><br /></p>

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