"Kill the 1˘ and 5˘ coins in America!"
It's one of those things you hear quiet often, but why? Well the main reason is because it costs more to manufacture both these damn coins then it's actually worth to have them around.
To manufacture a penny, it costs roughly 2.5˘ - 3.5˘. We waste almost 3˘ to manufacture a worthless coin that everyone hates with a burning passion. It doesn't end there either... To add some more petrol to the fire we also waste 11.2˘ to manufacture the 5˘ piece[Nickle]. I'm unsure of how much we waste manufacturing the dime/quarter, but the 1˘/5˘ have to go.
At the same time though we have to wonder whats the cons of not manufacturing the penny/nickle. So... What's everyones opinions on the 1˘ and 5˘ being removed from circulation and banned from usage?