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Post by Deleted on Apr 17, 2023 7:07:17 GMT -5
To my American friends here, how would you feel if the one-cent coin was abolished? There's very little that you can get with a single penny anymore. A dollar seems to have superseded it as the base currency for pretty much everything
I wonder though what they're going to do with other oddball coins, they still make the JFK half-dollar and the Sacagawea Golden Dollar I believe, even the two dollar bill as well. They'll give them to you at the bank if you ask for them
The oddball stuff is fairly insignificant in terms of production numbers. They actually stopped the JFK half dollar minting for circulation purposes after 2001. There was enough collector demand to keep minting much smaller quantities after that, and while they are technically still legal tender and can be used as such (and occasionally do show up in circulation), again not really being produced for general circulation. This link shows production numbers by denomination and you can see that huge 2001 production dropoff: en.wikipedia.org/wiki/United_States_Mint_coin_productionInitially, the Sacagawea dollar followed the same path as the half dollar after 2001, only being minted in small numbers for collectors. But years later they tried bringing it back along with the Native American and Presidential series dollar coins, but none have stuck and after 2016, we're back to low mintings mostly for collectors as you can see again from the link above. The 2 dollar bill is always an interesting one, brought back in 1976 after a 10 year hiatus in an attempt to cut down on the costs of printing as many 1 dollar bills. Never popular in circulation, it does not even get printed every year and can run several years without new printings, and when it does they are much lower volume than other denominations. You can see these production numbers by years at this link: www.bep.gov/currency/production-figures/annual-production-reportsPeople mostly just save the ones they get versus circulate them. So overall, if you go back to the first link and see the volume of 1 cent coins still being minted each year, that shows how much more of a cost savings opportunity there is. And no reason they couldn't do very small "collector market" mintings after that similar to the half dollar and dollar of course.
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Post by Deleted on Apr 20, 2023 13:36:48 GMT -5
"rapid unscheduled disassembly" may be my new favorite phrase, and there are so many ways to apply it to different situations and still have it be relevant and appropriate.
-M
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Post by Mormel on Apr 22, 2023 5:47:34 GMT -5
Aw, man, Croatia introduced the euro this year and we're all just getting used to euro cents, and now you guys are talking about abolishing them?! More seriously, though, I think most people throughout the European Union want to get rid of the 1 and 2 cent coins...
...and probably the 5 cent coin as well. Personally, I've found it interesting to have smaller denomination coins that are actually useful in certain small sum transactions, like buying bread in bakeries or produce at the outdoor markets. Previously Croatia used to have six different coins, called lipa and denominated 1, 2, 5, 10, 20, and 50 units, for its currency, the kuna - which had a fixed value of about 7 to the US dollar or euro. So those coins were less than worthless and would often accumulate because few people could be bothered to count them. There were calls to phase them out for ages (introduction of the euro took care of that issue). I used to gather them up and use them to pay certain bills to their exact amounts at banks - much to the alternating chagrin and amusement of the tellers.
The Netherlands did just that, not accepting coins of 1 and 2 cents, shortly after introducing the euro some 20+ years ago. They did so because we had previously gotten rid of 1 cent coins for our old currency, the Dutch Guilder, and most Dutch people found them cumbersome. Only near the German border do Dutch stores accept 1 and 2 ct coins.
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Post by Deleted on Apr 22, 2023 8:41:40 GMT -5
Happy Earth Day! to all! -M
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Post by Deleted on Apr 23, 2023 7:37:55 GMT -5
This is a nice story:
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Post by Deleted on Apr 24, 2023 18:40:45 GMT -5
My wife is a banker, but she has to work at a different branch today because apparently after her branch closed on Friday, someone drove their vehicle through the front window, across the lobby into the half wall of the teller line, through that, through the wall behind it, and into the break room. Then somehow backed their vehicle up and drove away before police arrived.
-M
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Post by Prince Hal on Apr 24, 2023 21:19:28 GMT -5
My wife is a banker, but she has to work at a different branch today because apparently after her branch closed on Friday, someone drove their vehicle through the front window, across the lobby into the half wall of the teller line, through that, through the wall behind it, and into the break room. Then somehow backed their vehicle up and drove away before police arrived. -M Another chapter of "The Sticky Gas Pedal Chronicles." Glad Mrs. mrp is oaky.
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Post by Rob Allen on Apr 25, 2023 18:34:07 GMT -5
Some odd things rattle around in my head... here's one:
Considering that "pro" and "con" are opposites, here are some words that should exist but don't:
Procise - wordy, rambling, unfocused.
Convide - to take something away.
Prosider - to ignore or be unaware of.
Contect - to attack.
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Post by Deleted on Apr 26, 2023 0:28:00 GMT -5
To my American friends here, how would you feel if the one-cent coin was abolished?
I wouldn't miss it....the physical coin serves no purpose and its production cost is excessive.
Just as long as it's not abolished on ebay....I've won many auctions by a margin of 1c
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Post by Cei-U! on Apr 26, 2023 4:27:23 GMT -5
Heading out later today for my first appointment with the urologist my doc referred me to. Is it weird that I'm hoping he'll recommend surgery (a non-invasive outpatient procedure, if I accurately understand what I've been told)?
Cei-U! I summon the abnormal anticipation!
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Post by Deleted on Apr 26, 2023 5:53:49 GMT -5
Heading out later today for my first appointment with the urologist my doc referred me to. Is it weird that I'm hoping he'll recommend surgery (a non-invasive outpatient procedure, if I accurately understand what I've been told)?
Cei-U! I summon the abnormal anticipation!
Hope it goes as well as it can.
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Post by Mormel on Apr 26, 2023 7:44:54 GMT -5
Some odd things rattle around in my head... here's one: Considering that "pro" and "con" are opposites, here are some words that should exist but don't: Procise - wordy, rambling, unfocused. Convide - to take something away. Prosider - to ignore or be unaware of. Contect - to attack. in this particular instance, con is short for contra, whereas usually as a prefix, con- means 'with, together '.
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Post by Deleted on Apr 26, 2023 19:03:36 GMT -5
Who remembers playing these back in the day? The bubble dome hockey table, I LOVED those things. Had an un-domed "home version" as well, not nearly the same as the real thing but still fun in between outings (except the puck would go flying out of that one all too often with "competitive play"). I love my video games too, but man, these are still the coolest to me.
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Post by tartanphantom on Apr 26, 2023 19:45:41 GMT -5
Who remembers playing these back in the day? The bubble dome hockey table, I LOVED those things. Had an un-domed "home version" as well, not nearly the same as the real thing but still fun in between outings (except the puck would go flying out of that one all too often with "competitive play"). I love my video games too, but man, these are still the coolest to me.
Don't ice the puck! Hey, at least the NHL got rid of the stupid 2-line pass rule years ago, but not when this arcade game was a thing.
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Post by Roquefort Raider on Apr 26, 2023 19:46:15 GMT -5
Who remembers playing these back in the day? The bubble dome hockey table, I LOVED those things. Had an un-domed "home version" as well, not nearly the same as the real thing but still fun in between outings (except the puck would go flying out of that one all too often with "competitive play"). I love my video games too, but man, these are still the coolest to me. I had an undomed home version circa 1970. The players wore no helmets (nor the goalies masks) and the teams were Montreal and Toronto. I wanted the Bruins vs the Rangers, dammit! A few years later my cousins had a hockey table with swappable players; I think they had six teams available. Great memories indeed, even if I was pretty lousy.
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