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The last-ever penny will be minted today in Philadelphia

(www.cnn.com)
481 points andrewl | 1 comments | 12 Nov 25 16:10 UTC | HN request time: 0.284s | source
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hrimfaxi ◴[12 Nov 25 16:17 UTC] No.45901988[source]▶
I watched a video on the demise of the penny and its predicament was so succinctly explained: everyone gets pennies as change but few carry them around let alone spend them, so we are stuck producing ever more. One news outlet even did an "experiment" where they threw hundreds of pennies on the ground in a city on a busy morning and not one person stopped to pick any up.
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1. gniv ◴[12 Nov 25 18:59 UTC] No.45904425[source]▶
Random anecdote: I go to a boulangerie almost daily (as one does here in France). There is one close to me that started charging 12 centimes for slicing the bread. I got annoyed with this and nowadays make a point to take lots of small change from the coin jar and use it. They don't seem to mind.