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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: 0s | 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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totallykvothe ◴[12 Nov 25 17:59 UTC] No.45903401[source]▶
I'll agree on all but one point. The cotton/linen notes feel so much better in the hand than the candy wrapper plastic of Canadian bills. I know it's a dumb reason, but I just hate the feeling.
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SCUSKU ◴[12 Nov 25 18:06 UTC] No.45903486[source]▶
Plus US dollars just have that smell to them. I wouldn't mind though if we rotated out some of the faces on the bills, e.g. Andrew Jackson
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1. verdverm ◴[12 Nov 25 18:19 UTC] No.45903725[source]▶
let's wait a few years before rotating faces to avoid debating another blatantly illegal thing Dear Leader would propose (actually he already did but it was out of the news rather quickly)