The end of the penny?

The penny is the smallest unit of currency, but it’s expensive to make. In fact, it costs more than a penny to make a penny. There are even two opposing groups in the penny movement: the pro-penny Americans for Common Cents and the anti-penny Citizens for Retiring the Penny. So far the Common Cents group is winning, though that may be because of a lack of discussion on their part.

Well, unless you’re a this Dunkin’ Donuts. This business has already banned the penny in their normal business transactions. If you go there, you have to request a penny in your change if you want one.

The only thing I can think is that making sure their cash drawer isn’t short at the end of the day must be a nightmare. Sure, at the end of the day they’d probably be short just a few cents if at all. In order to assure this, they should redistribute their prices to make sure the prices aren’t skewed toward losing or gaining pennies.

Here’s an idea: why not make all the coins even-numbered? Two cents. Ten cents. Twenty cents. Fifty cents. Yes, it’d be ridiculously expensive, but it would get rid of the penny altogether.

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