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Bid Farewell to Pennies and Nickels!
Wealth Wire ^ | , November 26th, 2012 | Brittany Stepniak

Posted on 11/27/2012 1:30:24 PM PST by angelcindy

The U.S. is following Canada's footsteps regarding the production of pennies and nickels. According to U.S. Treasury Secretary Tim Giethner, our U.S. Mint intends to remove the penny and nickel coins from circulation beginning early in January 2013.

(Excerpt) Read more at wealthwire.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events
KEYWORDS: coincirculation; coins; giethner; january2013; markofthebeast; nickels; nickles; obamasfault; pennies; usmint; ustreasury
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Let the collecting begin....I wonder how long it will take before you can't find a nickel or penny...
1 posted on 11/27/2012 1:30:38 PM PST by angelcindy
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To: angelcindy
You mean let the inflation begin...
2 posted on 11/27/2012 1:33:58 PM PST by Smittie
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To: angelcindy

They should get rid of the filthy one dollar bills!
Pennies,,, okay,,, but why nickels?


3 posted on 11/27/2012 1:33:58 PM PST by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: angelcindy

Methinks ‘twould be a much better decision to end production of liberals/progressives.

Following a reasonable amount of time (which can be productively be used incinerate all vestiges of liberalism), the penny and nickel will once again be worth something.


4 posted on 11/27/2012 1:34:01 PM PST by Da Coyote
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To: angelcindy

I have a one gallon jar full of nickels and a big bag of pennies. I just keep throwing them in there and never seem to take to time to get rid of them.


5 posted on 11/27/2012 1:34:51 PM PST by Bryanw92 (Sic semper tyrannis)
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To: angelcindy

Soon the dollar will be the new penny.


6 posted on 11/27/2012 1:34:56 PM PST by Track9
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To: angelcindy

so what happens if something costs $1.99?
Does one pay $2.00 or $1.90?


7 posted on 11/27/2012 1:35:12 PM PST by 1_Rain_Drop
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To: angelcindy

Turbo Tim is sticking around?

JMJ!


8 posted on 11/27/2012 1:35:22 PM PST by onyx (FREE REPUBLIC IS HERE TO STAY! DONATE MONTHLY! IF YOU WANT ON SARAH PALIN''S PING LIST, LET ME KNOW)
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To: Dr. Bogus Pachysandra

The year 2011 marked the sixth consecutive year that pennies and nickels cost more to produce than they were worth in the market.


9 posted on 11/27/2012 1:35:49 PM PST by angelcindy ("If you follow the crowd ,you get no further than the crowd!")
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To: FReepers; Patriots; FRiends

FR really needs your help!

Please Contribute Today.

FReepathon Day 58!!

10 posted on 11/27/2012 1:36:14 PM PST by onyx (FREE REPUBLIC IS HERE TO STAY! DONATE MONTHLY! IF YOU WANT ON SARAH PALIN''S PING LIST, LET ME KNOW)
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To: angelcindy

inflation is going to hurt.


11 posted on 11/27/2012 1:36:15 PM PST by GeronL (http://asspos.blogspot.com)
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To: Dr. Bogus Pachysandra

Nickels are 75% copper and 25% nickel. The “melt value” of today’s nickels is higher than the face value. They will go for the same reason silver was taken out of circulation decades ago.


12 posted on 11/27/2012 1:36:23 PM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: 1_Rain_Drop

merchants are preparing to round all transactions to the nearest ten-cent increment,


13 posted on 11/27/2012 1:36:31 PM PST by angelcindy ("If you follow the crowd ,you get no further than the crowd!")
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To: angelcindy
Meanwhile, merchants are preparing to round all transactions to the nearest ten-cent increment

Someone should alert Timmy "Turbo Tax" that this contributes to inflation.

14 posted on 11/27/2012 1:36:43 PM PST by The Sons of Liberty ( Fast and Furious , Benghazi - What's 0bama's current body count?)
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To: angelcindy

What this country needs is a good five cent......nickel!............


15 posted on 11/27/2012 1:36:56 PM PST by Red Badger (Lincoln freed the slaves. Obama just got them ALL back......................)
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To: angelcindy

Oh Joy! /sarc


16 posted on 11/27/2012 1:37:40 PM PST by txnativegop (Fed up with zealots)
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To: 1_Rain_Drop

do you really think its going to be $1.90?


17 posted on 11/27/2012 1:38:15 PM PST by GeronL (http://asspos.blogspot.com)
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Comment #18 Removed by Moderator

To: Smittie

Exactly. What more evidence do people need?


19 posted on 11/27/2012 1:38:32 PM PST by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
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To: Track9

Bingo!

And those hard earned dollars in your savings and any equity in your belongings are now worth?


20 posted on 11/27/2012 1:39:03 PM PST by haffast (Books serve to show a man that those original thoughts of his aren't very new at all. -Abe Lincoln)
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