Still picking up pennies


We asked the other day about the future (or not), of pennies, and why the United States still mints them.

One reader reminded us that “both Australia and New Zealand eliminated pennies more than 16 years ago.” Not just Canada, then.

This from Barb Deschapelles: “What about the 9/10th of a cent that gas stations still charge? They haven’t rounded up the tenth of a penny posted prices because people perceive the price to be the whole number rather than the actual, even though they round up the final total to a payable amount. ( Does anyone ever check to see if they ever round down when they should be?) When we eliminate pennies, the gas stations, and almost every one else, will consistently round up but not down. Checking on that will cost money, perhaps more than the current losses from minting pennies. Does paying a few cents more matter? To some people it probably does. Why not mint the pennies from a less expensive metal?”

Good questions. You? Email rrollins@coxohio.com.


Reader Comments ...


Next Up in Opinion

COMMENTARY: The feds who spied on King will spy on you, too

“This is about foreign terrorists on foreign soil. That’s what this is about.” These were the words of House Speaker Paul Ryan on Thursday as he urged members to renew and increase unwarranted mass government surveillance powers, which the House did pass. Opponents of this legislation, Section 702 of the FISA Amendments Act, believed...
Opinion: What is the real message of #MeToo?

The feminist website Babe published an account of a date gone bad. The pushback has been swift and sharp. I share some of the concerns of the critics, but I also think young women are sending a message that is being missed. The account by the anonymous “Grace” about a bad date with comedian Aziz Ansari was, if not “3,000 words of...
COMMENTARY: You can’t go wrong with Ben Franklin’s wisdom

When I used to teach American literature as part of our sophomore curriculum, I always looked forward to teaching the Ben Franklin excerpts from “Poor Richard’s Almanac.” Why? First of all, these proverbs and aphorisms reflect a way of thinking that gives great insight into the American psyche and identity of a certain age &mdash...
Opinion: Choosing immigration criteria is a Sisyphean task

WASHINGTON — In 1790, the finest mind in the First Congress, and of his generation, addressed in the House of Representatives the immigration issue: “It is no doubt very desirable that we should hold out as many inducements as possible for the worthy part of mankind to come and settle amongst us.” Perhaps today’s 115th Congress...
70 years of focusing on diplomacy, global affairs
70 years of focusing on diplomacy, global affairs

For 70 years, the Dayton Council on World Affairs has been working to engage and educate in our region on the intricacies and importance of global events. As the group readies for its anniversary celebration, we spoke with Monica Schultz, its board president, and board member Carolyn Rice about the history and mission of the council. To learn more...
More Stories