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The last-ever penny will be minted today in Philadelphia

(www.cnn.com)
334 points andrewl | 1 comments | 12 Nov 25 16:10 UTC | HN request time: 0.001s | 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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SoftTalker ◴[12 Nov 25 17:48 UTC] No.45903233[source]▶
I honestly don't know why we don't get rid of nickels and dimes as well. What can you still buy that costs less than $0.25?
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kevin_thibedeau ◴[12 Nov 25 18:04 UTC] No.45903459[source]▶
My employer has a 55¢ vending machine with a dodgy bill validator.
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1. RandomBacon ◴[12 Nov 25 18:21 UTC] No.45903765[source]▶
I was once at a place that had a vending machine that accepted U.S. Currency as well as coupons. I wish I saved one of those coupons and reverse-engineered it and see if it worked on other machines, oh well.