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The last-ever penny will be minted today in Philadelphia

(www.cnn.com)
349 points andrewl | 1 comments | 12 Nov 25 16:10 UTC | HN request time: 0.208s | source
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nayuki ◴[12 Nov 25 16:41 UTC] No.45902294[source]▶
We eliminated pennies in Canada in 2012 and the transition was a non-issue. The vast majority of retailers would round cash transactions to the nearest $0.05, but a few would round down to the nearest $0.05 in favor of the customer. https://en.wikipedia.org/wiki/Withdrawal_of_low-denomination...

Canadian cash is better than American cash in several ways: No penny, durable polymer banknotes (instead of dirty wrinkly cotton paper), colorful banknotes (instead of all green) that are easy to distinguish, $1 and $2 coins in wide circulation (instead of worn-out $1 bills).

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ahmeneeroe-v2 ◴[12 Nov 25 17:50 UTC] No.45903260[source]▶
American banknotes have numbers on them to easily distinguish the different values!
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1. ajmurmann ◴[12 Nov 25 17:57 UTC] No.45903364[source]▶
From dealing with Euro notes, I like being able to look down at the money in the wallet and pull the right notes out based on color. With USD I need to take the bills out of the wallet.