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Timewas

(2,724 posts)

24. Really?

Reply to Historic NY (Reply #4)

Thu Mar 12, 2026, 07:18 PM

10 hrs ago

T he cost of a nickle has nothing to do with pricing to round thigs up or down when they eliminate the penny...It pretty much has always cost more to mint money than it is worth....

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State lawmakers rush to set rounding rules for when there are no pennies [View all] BumRushDaShow 18 hrs ago OP

When I do pay cash I tell the clerk to keep the pennies. twodogsbarking 18 hrs ago #1

Pricing Timewas 18 hrs ago #2

A nickle costs 13.8 cents each Historic NY 18 hrs ago #4

That's true! I looked it up. 70sEraVet 17 hrs ago #13

Depends on how you define cost as the money spent is money that also flows into the economy. cstanleytech 15 hrs ago #18

Really? Timewas 10 hrs ago #24

I wondered about that also - how do you make the taxes always end in a nickel? rurallib 18 hrs ago #6

Because of our regressive sales taxes IbogaProject 17 hrs ago #11

My 2 cents Historic NY 18 hrs ago #3

It seems like they were always rounding up and keeping the extra. mackdaddy 18 hrs ago #5

Can we round it up to a nickel and give that extra to the billionaire class? rurallib 18 hrs ago #7

It honestly would not surprise me if they try doing something like that. cstanleytech 15 hrs ago #19

My local McDonald's has adopted nearest nickel for cash transactions. hay rick 18 hrs ago #8

I find it more than pathetic that we need a law to clarify rounding up or down in the marketplace zeusdogmom 17 hrs ago #9

30 Years ago I could buy small resses PB cups for 3 cents. Today if I droped 3 cents no one would pick it up. Jacson6 17 hrs ago #10

Yes, but 30 years ago a gum ball cost 2 cents . . . Journeyman 17 hrs ago #12

WOT????!!! Jacson6 16 hrs ago #16

And then a dime. And then a dollar... Torchlight 13 hrs ago #22

Our monetary system should be based on something of a tangible value 70sEraVet 16 hrs ago #14

Did you look closely at the cents that would be rounded up or down? slightlv 16 hrs ago #15

Canada Maninacan 16 hrs ago #17

A cent coin is not a commodity, it's a token, like a certificate. It's worth what it is by fiat, not by cost. eppur_se_muova 14 hrs ago #20

Next up...that $19.95 thingamabob will be rounded up to 3825-87867 14 hrs ago #21

Stores are rounding down, not up Deminpenn 13 hrs ago #23