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== Historical Precedent ==

It has been so long since I last edited a wiki page, I will not not edit the page now. However, I wish to point out to other editors that back in the 1940s, in Missouri, I "circulated" one and five mill, green and red plastic coins to buy an ice cream cone. Note the Wikipedia page https://en.wikipedia.org/wiki/Mill_(currency).


== Tax drain ==
== Tax drain ==

Revision as of 16:06, 2 May 2018

Historical Precedent

It has been so long since I last edited a wiki page, I will not not edit the page now. However, I wish to point out to other editors that back in the 1940s, in Missouri, I "circulated" one and five mill, green and red plastic coins to buy an ice cream cone. Note the Wikipedia page https://en.wikipedia.org/wiki/Mill_(currency).

Tax drain

the idea it hurts poor people is stupid, it makes them have more tax. —Preceding unsigned comment added by Phil Ian Manning (talk • contribs) 08:13, 14 January 2008 (UTC)[reply]

I definitely agree. I have been in poverty for the past year, almost becoming homeless a few times, so obviously money is important to me. However, if something I buy is $1.61 or $108.28, do you REALLY think it affects me to round it to $1.65 or $108.30? No! Not at all. All together, that is a savings of SIX cents. Sorry, but that isn't going to make or break me. There is a reason why I only put silver change in my coin jar. MegaZega93 (talk) 12:22, 1 January 2014 (UTC)[reply]

Salvation Army and UNICEF

"Both the Salvation Army and UNICEF support eliminating the penny due to processing costs."[[1]]— Preceding unsigned comment added by Gadget850 (talk • contribs) 13:52, 7 May 2011‎ (UTC)[reply]

The actual COST of making a penny, *does not matter*

People constantly state with a gasp that we're creating a 1 cent unit of exchange that costs 2.4 cents, as if that means something. It does not. The problem isn't with the cost of making the penny at all. If the penny were an integral part of keeping our system running, then 20 cents each would be a supportable argument. The point is, even if it took 0 cents to make a penny it is still impeding the economy. It's entire job is to be put in a jar or otherwise groaned at. There is a what I consider a slight risk of the raw material being melted down (a different issue), but that's hardly the primary point here. The penny needs to go, and it has nothing to do with the cost of making it---let's not confuse people further with this. Currency is just not required to turn a profit in itself.Tgm1024 (talk) 16:15, 9 July 2013 (UTC)[reply]

Unreliable sources tag

I've added the above mentioned tag since many points have been raised by the accuracy of referenced material, and also because some references have been removed by their information is still on the text. I personally still believe this article should be turned into a section of History of Coinage in the U.S., but let's see if any reliable sources are presented in order to improve it. Ebacci EN (talk) 03:27, 13 January 2014 (UTC)[reply]

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