Tiffibunny Posted October 19, 2005 Report Share Posted October 19, 2005 http://www.mtulode.com/index.php?issuedate...n=12&artid=4716 Link to comment Share on other sites More sharing options...
Art Posted October 19, 2005 Report Share Posted October 19, 2005 I like pennies. I like them a lot. I'd hate to see them go. We have 28x billion to spend on New Orleans and billions in Iraq, so what is the whole big deal with the gov't saving a few bucks by not doing cents. 280,000,000,000 That's 280 billion. It's a lot..... They think they could save 2 million by stopping penny production. It makes me laugh. 280,000,000,000 000,002,000,000 big deal. Link to comment Share on other sites More sharing options...
2coins Posted October 19, 2005 Report Share Posted October 19, 2005 Yes!, They are agravating they are everywhere!in your car, desk,floor,pockets,ground, ect..... Maybe a 2 or 3 cent peice??? Link to comment Share on other sites More sharing options...
bobbycoin Posted October 19, 2005 Report Share Posted October 19, 2005 What would we do with all those non-taxable 99 cent items? Pay $1... No. -Bobby Link to comment Share on other sites More sharing options...
SugarCheryl Posted October 19, 2005 Report Share Posted October 19, 2005 For a long time I was under the impression that they were going to get rid of the penny. But obviously when 2005s came out I was sorely misstaken. Although I would agree that pennies are everywhere, they are sorta cool. I cant even remember the last time I just happened upon a wheatie....and metal detecting doesnt count. LOL! I used to find them all the time on the ground when I was younger, and of course I thought how ugly they were....HA! Now I wish I could find one. No one really ever wants to pay more then they have to for things and if its 99 cents you bet people will stand there and wait for their "change" I think pennies are just gonna be with us for a long long time. Link to comment Share on other sites More sharing options...
UncleBobo Posted October 20, 2005 Report Share Posted October 20, 2005 I love pennies! I love cents too!! Link to comment Share on other sites More sharing options...
gpnyc Posted October 20, 2005 Report Share Posted October 20, 2005 I didn't know we had "pennies." Link to comment Share on other sites More sharing options...
tabbs Posted October 20, 2005 Report Share Posted October 20, 2005 Not that this matters much in a US context, but Switzerland is about to do away with the 1 and 5 rappen/centime coins. The central bank and Swissmint have been suggesting that for a while, since with both denominations the production costs exceed the face value. The Department of Finance will do some more hearings until shortly before Christmas, but it is fairly safe to say that in CH the 10 rp/ct coin will soon be the smallest denomination. Christian Link to comment Share on other sites More sharing options...
jtryka Posted October 20, 2005 Report Share Posted October 20, 2005 Not that this matters much in a US context, but Switzerland is about to do away with the 1 and 5 rappen/centime coins. The central bank and Swissmint have been suggesting that for a while, since with both denominations the production costs exceed the face value. The Department of Finance will do some more hearings until shortly before Christmas, but it is fairly safe to say that in CH the 10 rp/ct coin will soon be the smallest denomination. Christian I thought I read on the Swiss central bank website that you actually had to pay more than face for those coins and they were only good for tax payments. So they really circulate anyway? When I was in Geneva in 1995 I only encountered 10-cent coins in change. Link to comment Share on other sites More sharing options...
tabbs Posted October 20, 2005 Report Share Posted October 20, 2005 I thought I read on the Swiss central bank website that you actually had to pay more than face for those coins and they were only good for tax payments. So they really circulate anyway? When I was in Geneva in 1995 I only encountered 10-cent coins in change. The 1 centime/rappen coin does not actually circulate. Currently it still is legal tender, but I have never seen one "in the wild". (I don't live in CH but go there from time to time.) As for what you pay for them, well, the central bank gives the rolls away at face value only if one provides good reasons why they are needed for payment purposes. In all other cases it charges about 5 rp/ct per piece. The 5er can, from time to time, be found in circulation but is not terribly popular. So I do not think that many people will lament the piece being phased out ... Christian Link to comment Share on other sites More sharing options...
ccg Posted October 24, 2005 Report Share Posted October 24, 2005 I'm not suprised about the 5rp coins, I rarely see the modern brass 5rp in collections of people who've travelled through Europe, usually the 20p-1fr are the most common. Link to comment Share on other sites More sharing options...
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