Trump says he has directed Treasury to stop minting new pennies, citing cost

Re:Trump says he has directed Treasury to stop minting new p... by toast0 on Monday February 10, 2025 @10:56PM (#43008776)

Presumably we could come up with a reformulated nickel that is much less costly to produce. It hasn't been changed outside of war issues in a long time.

The reformulated penny didn't take too long to be accepted. A new nickel would probably be accepted well too.

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Re:Trump says he has directed Treasury to stop minting new p... by btreecat on Tuesday February 11, 2025 @07:42AM (#43012119)

> The reformulated penny didn't take too long to be accepted. A new nickel would probably be accepted well too.

Part of the problem is with how vending machines detect valid currency

Story about when the dollar coin was updated https://www.oklahoman.com/story/news/2000/06/13/vending-chan...

Pennies aren't accepted by vending machines generally.

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Re:Trump says he has directed Treasury to stop minting new p... by Salgat on Thursday February 13, 2025 @04:00AM (#43034107)

I can't imagine nickel fraud for snacks and beverages is particularly lucrative.

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Re:Trump says he has directed Treasury to stop minting new p... by btreecat on Sunday February 16, 2025 @02:03PM (#43070634)

The issue isn't a much fraud for nickels as it would be failure to accept the coin, and just taking your money.

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