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<p>[QUOTE=&quot;ewomack, post: 2635336, member: 15588&quot;]As has been said many times before, the mint is an extremely profitable government agency and any loss from the cent is more more than made up for by the profits of other coins, especially the quarter. When I toured the Denver mint last year, the tour guide told our group that the nickel actually loses more money than the cent. He added that the focus on the cent derives mainly from sensationalistic media stories that don&#039;t tell the whole story. In any case, as long as the mint stays very profitable, there isn&#039;t really any pressure to dump the cent, at least internally.</p><p><br /></p><p>Coins may turn into bits before the cent disappears. This hasn&#039;t happened yet, and may not happen for some time, but the digitization of money has really taken hold and will likely continue to do so. Of course entire sections of the economy still work exclusively with cash, so something will have to happen there before physical money vanishes (if it actually ever completely vanishes, it may just diminish). But for now, eliminating the cent appears to be a pretty low priority.</p><p><br /></p><p>Of course one never knows what will happen in interesting times...[/QUOTE]</p><p><br /></p>

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