After penny retires next month, is nickel next to go?

There are 7 comments on the Jan 2, 2013, The Hamilton Spectator story titled After penny retires next month, is nickel next to go?. In it, The Hamilton Spectator reports that:

As the penny is set to begin retirement next month, there are already calls to put the nickel out to pasture as well.

Join the discussion below, or Read more at The Hamilton Spectator.

Ted

Toronto, Canada

#1 Jan 2, 2013
Force Majeure

Sweden

#2 Jan 3, 2013
Does that mean that the U.S. will stop advertising prices such as 4.99 dollars and simply sell the item for 5 dollars instead? Golly! Then Americans won't be to afford anything!
Joey

Winnipeg, Canada

#3 Jan 3, 2013
They should quit minting the nickel. Given the rate of inflation, it makes sense to eliminate the penny and the nickel, leaving the dime as the lowest denomination.

Any transactions can then be rounded off to the nearest tenth of a dollar instead of a hundredth.

Things can go on sale for $4.9 instead of $4.99; whoop dee doo!
JTF

Winnipeg, Canada

#4 Jan 3, 2013
Will this be the beginning of us 'rounding' to the quarter?

I'm not so sure I like that idea.
Joey

Winnipeg, Canada

#5 Jan 3, 2013
JTF wrote:
Will this be the beginning of us 'rounding' to the quarter?
I'm not so sure I like that idea.
More like rounding to the nearest dollar. It makes sense when you think about it. Coins are a nuisance and soon, you won't be able to buy anything under a dollar the way inflation keeps climbing.

Not even a welfare bum will pick up a nickel lying on the sidewalk. Leave one at a bus stop and it will probably be there tomorrow.
SHYKORA paul ARTs

Calgary, Canada

#6 Jan 7, 2013
...NO....
JONNY TWO SHIRTS

Winnipeg, Canada

#7 Jan 8, 2013
SHYKORA paul ARTs wrote:
...NO....
Sell me some crack

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