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DENVER – The U.S. Mint says it has a problem. The nickel coins it is making are now costing them more than a dime each to turn out. That is because the cost of the nickel used to make the coins has skyrocketed in the last year.
That is mostly due to the building boom in China.
Rocky Mountain Coin, Inc. says some stores are cashing in on the change.
Not Just Yogurt in Aurora is willing to give customers 25 percent off a purchase if they are made entirely in nickels. The owner would then turn around and sell the nickels to coin collectors.
And while you're at it introduce the chip-embodied credit and debit cards, that are pretty well universal everywhere else, to prevent identitiy theft and fraud.
I'm very surprised the U.S. lags behind on that one.
We should get rid of Tim Geithner and end the FED....
Nickels are the only coins that are actually worth anything, no surprise they want to get rid of em
No I say we should do away with fiat $$$ and return to real $$$, that would mean real copper, nickel, silver and gold coins and silver and gold certificates...
So call cashless fiat $$$ schemes are just another way for our out of control government to further keep us under watch and keep us enslaved...
"Canada has decided to stop minting its one-cent value coin later this year, following the lead of countries like Great Britain, Brazil, Switzerland and Australia. Nearly a third (31%) of American Adults favor a proposal for the United States to stop making pennies. But a new Rasmussen Reports national telephone survey finds that 51% oppose such a proposal, while 19% more are not sure about it."
Canada is getting rid of their one cent coin claiming it's a nuisance to small businesses (wasn't it a nuisance before?) but is issuing a quarter with dinosaurs whose skeletons glow in the dark at the same time they claim it costs 1.5 cents to make a 1 cent coin.
I don't think the support would fall along conservative or liberal lines but it could be controversial if you thought merchants would charge more if that happened here? (Rounding up or charging enough to make them round up instead of down.) What do you do with your pennies now and what would you do with them if the government stopped minting them and merchants refused to accept them??
It's really a moot point. The real goal is to get rid of ALL paper and coin currency in favor of electronic payment. That way every transaction we make can be tracked. It's already largely happened.
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you can have all my post-1987 pennies 
