Treasury Dept. to stop producing pennies and nickels?
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Yup.
The answer is simple, as I've discussed: Put the under-5-cent amount on the receipt as a voucher. I don't think rounding up is legal in Gnu Yark; and an industry with a couple percents' profit margin can't afford to round down.
The dumb-bass state taxation offices should figure out a way to round out per-item totals with sales tax - but until they do, its scrip time.
Or else, closing time. Another crisis - made by, and beloved of, gubbermint.
The answer is simple, as I've discussed: Put the under-5-cent amount on the receipt as a voucher. I don't think rounding up is legal in Gnu Yark; and an industry with a couple percents' profit margin can't afford to round down.
The dumb-bass state taxation offices should figure out a way to round out per-item totals with sales tax - but until they do, its scrip time.
Or else, closing time. Another crisis - made by, and beloved of, gubbermint.
If rounding on prices, they'll break even. Half the prices get rounded down to the nearest 5 cents, the other half up. Most we're talkin' is 3 cents either way.
For most, the price of something being 1, 2 or 3 cents higher won't be a deal breaker. Especially if something else they are buying is 1, 2 or 3 cents cheaper.
In 5 years rounding change for a lack of one cent pieces will not matter. Either inflation will make it worthless or everything will have collapsed and nobody will have money to buy anything anyway.
Ask some of the.old.timers in here from the UK that used to get farthings in change from selling the London Times.
Ask some of the.old.timers in here from the UK that used to get farthings in change from selling the London Times.
It's not unreasonable for sales outlets - and tax collectors - to just round the amounts to the nearest ten cents.
Because at this point ten cents, are worth half a cent sixty years ago.
Remember the hokky 9/10-cent price breakdown STILL on gasoline pumps? Shows that values less than a cent are nothing new. And now that a cent is valueless, let's just move it over to the ten-cent limit.
The dollar is the new penny. Worthless. Why we stack...but that's another topic.
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The End Of The Cent: How Ditching The Penny Will Change Retail And Wallets
Nov 20, 2025 Forbes Daily BriefingAmerica’s oldest coin had been around since 1793. Now that Trump has stopped the minting of new pennies, will promotional 99 cent pricing disappear? And what about sales taxes?
5:11
The simple solution would be to move the decimal point over one, with New Dollars. One New Dollar, worth ten old, bad dollars.
Thus you'd have the penny worth 10x as much - now it would only cost a fifth of a cent to make, instead of five cents.
The problem with that, of course, is the base psychology. Like deflation...OMFG, my house value dropped! My stawk portfolio is worth less! IGNORING, how the cost of living ALSO dropped, how with the reduced value of a home, still, the money to receive from its sale would buy moar than in the past.
....people are...yeah, I'll say it. Stupid. Or, anyway, stupified. Compleat economic illiterates. And unable to critically-think, to reason this stuff out.
Bottom Feeder
Ground Beetle
Three-Coin Sets Featuring 24-Karat Gold Cent
US Mint
The United States Mint (Mint) is pleased to announce that Stack’s Bowers Galleries will auction the last circulating one-cent (penny) coins this December through a special sale of 232 three-coin sets. Each historic set includes two circulating pennies, one from each of the Mint’s production facilities in Denver and Philadelphia and, for the first time ever, a 99.99% 24-karat gold uncirculated penny, also minted in Philadelphia. The coins will bear a unique Omega (Ω) privy mark, signifying each coin is among the last of the circulating pennies ever struck by the Mint.
Live bidding for these three-coin sets will take place on Thursday, December 11, 2025, at 12 p.m. EST (9 a.m. PST). The auction will be hosted on the Stack’s Bowers Galleries website
US Mint
The United States Mint (Mint) is pleased to announce that Stack’s Bowers Galleries will auction the last circulating one-cent (penny) coins this December through a special sale of 232 three-coin sets. Each historic set includes two circulating pennies, one from each of the Mint’s production facilities in Denver and Philadelphia and, for the first time ever, a 99.99% 24-karat gold uncirculated penny, also minted in Philadelphia. The coins will bear a unique Omega (Ω) privy mark, signifying each coin is among the last of the circulating pennies ever struck by the Mint.
Live bidding for these three-coin sets will take place on Thursday, December 11, 2025, at 12 p.m. EST (9 a.m. PST). The auction will be hosted on the Stack’s Bowers Galleries website
Cigarlover
Yellow Jacket
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I'll start the biding at 4 cents.
No, it'll have an Omega privy mark. The back is the same shield design as current cent coins have. It has nothing to do with the obozo.
Bottom Feeder
Ground Beetle
One of the first things his people did, after taking over. Make that change.
That stupid shield is suspiciously like some of the promo stuff his cultists put up during the sElection march to coronation.
And I don't think it's cowinky-dink. IIRC, the Chocolate Jesus had no love to waste on Lincoln.
It actually was cowinky-dink that the change happened when it did in obozo's term.
The Shrub done it.
The change was ordered by Title III of Public Law 109–145, otherwise known as the Presidential $1 Coin Act of 2005
On a side note, that's a series with some seriously low mintage numbers.
....but no one wants them.
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Think of all the money the gov would save going cashless
Think of all the money you could save simply moving to California and making sure everything you steal is worth less than $950.
The change was ordered, then.
...THAT change? The Hopey-Changey Woke Mint officials had a year, by this time, to paste some Shepherd Fairey ("CHANGE!") art onto a die.
It doesn't really matter; but every time I see one of those new slugs, I'm reminded of what The Lightworker did to our world. We're still living through it, and it's gonna get worser.
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Penny for your thoughts: Military stores to modify change policies
After the U.S. Mint stopped producing pennies, various stores, including military shops, are running out of the coins.
www.navytimes.com