The US Mint lost $69M making pennies last year

Re:The US Mint lost $69M making pennies last year by swanson on Friday June 29, 2018 @03:28PM (#17427068)

They should sell ads on the back of the penny.

"A Penny Save is a Penny Earned - Chase Bank"

A durable, historical, innovative new channel that also makes minting pennies profitable. Everyone loved collecting those state quarters they made a few years back.

Of course, if this is successful we can move upstream to other coins and eventually dollar bills. Alternatively, we could allow rich people to put their face on the penny instead of that old president guy on there now.

Just the media exposure alone to be the first company to sponsor the penny would probably yield a positive ROI.

And think about how jealous the CEO of McDonalds will be when forced to dispense Burger King branded coins from their automated robot cash registers.

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Re:The US Mint lost $69M making pennies last year by antcas on Friday June 29, 2018 @04:41PM (#17427694)

This is one of the best terrible ideas I've ever heard.

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Re:The US Mint lost $69M making pennies last year by los_angeles on Friday June 29, 2018 @07:16PM (#17428571)

In Hong Kong paper money is designed and issued by private banks. Works fine.

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Re:The US Mint lost $69M making pennies last year by antcas on Sunday July 01, 2018 @08:56AM (#17435415)

Are consumer brands advertised on those notes?

Having private banks print money is a lot different than selling ad space to McDonald's on your dollar bill.

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Re:The US Mint lost $69M making pennies last year by los_angeles on Tuesday July 10, 2018 @12:24PM (#17499527)

Yes, the consumer brand (HSBC in this one for example) is printed and advertised heavily on the money:

https://www.leftovercurrency.com/wp-content/uploads/2016/11/...

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Re:The US Mint lost $69M making pennies last year by mechanicalpulse on Friday June 29, 2018 @04:59PM (#17427824)

And think of all the chuckles to be had when asking the corporate sponsor how many "impressions" they're looking for!

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Re:The US Mint lost $69M making pennies last year by avar on Friday June 29, 2018 @06:20PM (#17428291)

    In <your company name here> We Trust

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Re:The US Mint lost $69M making pennies last year by devin on Friday June 29, 2018 @06:31PM (#17428342)

Minted in the year of the trial size Dove bar

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Re:The US Mint lost $69M making pennies last year by anonymous5133 on Friday June 29, 2018 @05:42PM (#17428064)

Genius idea

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