Frank and Ernest by Thaves for April 28, 2013

A penny for your thoughts.

We haven’t used 1 and 2 cent coins in Oz for well over 20 years.

We got rid of $1 and $2 notes in the 1980’s and replaced them with coins. The smallest Oz note is the $5 bill.

In for a penny…

I say it’s OK … most people who give you their 2 cents end up giving you half a dollar more than you wanted …

I don’t like change.

If this happens in the US there will be a lot of problems. I have seen people stop a whole store and tie up the cashier over a few cents more times than I can count. If this happens I do see a way that stores could get around it. They could print ‘cent’ coupons on the receipt. Or credit the “cents” to the bonus buy cards that every store seems to be using now.

How about a penny for your thoughts?

Nice visual history of the one cent piece there. Even had a Flying Eagle. Impressive.

I expect any attempt by Congress to do away with the $1 bill would be strongly opposed by the powerful exotic dancing lobby.

The solution is simple, price the specials at $19.95 or $20.00. If there were no pennies I imagine merchants would catch on and stop pricing items so pennies were necessary in making change. The cost of minting a penny is 2.41 cents, seems wasteful to continue making them.

I gave someone my 2¢ worth….and was offered change….

If they eliminate the $1 bill and replace it with a $1 coin, that coin had better be bigger than the current ones are now. They are way too close in size with the quarter.

Will JCPenney have to change their name?

As far as I’m concerned they killed off the penny when they removed the Lincoln Memorial and replaced it with that cheesy looking shield and banner that looks like it was made for a cheap arcade token. What an ugly design!

Rickapolis: They might have to go to JCP. The C is for cash. His name was James Cash Penny.