There is a lot of debate about this issue.
On one hand, some people say that prices would stay the same and you'd only round total bills up or down. It would save a lot of money because between 1/3 and 1/2 of all coins produced are cents.
Others say that individual prices would all be rounded upwards, so you'd pay more for each item, not just the total. Plus, sales taxes would be difficult to calculate because states and cities wouldn't want anyone to round down, only up.
There are also proposals to create a 2¢ coin like other countries use, to cut down the need for pennies.
This is also related to the question of replacing $1 bills with $1 coins, because doing that would save far more money than discontinuing pennies. Estimates are that replacing the bill with a coin (instead of trying to have both) would save 500 million to a billion dollars a year.
It's just a penny, the date is still in circulation today.
2 years
432 months
Yes, 1 cent. It's an ordinary circulation coin. Billions were struck.
Any US cent dated 1982 and before is mostly copper, billions are still in circulation and are face value.
12 years
The oldest British Penny potentially still in circulation would be the 1971 New Penny.
an uncirulated penny is a penny from that of which has never been used in everyday circulation
1909
They are not old, they are still in circulation and worth 1 penny each.
It's just a penny so spend it. 1973 Lincoln cents are still in circulation.
It's just a penny, the date is still in circulation today.
Look harder. In 1973, Britain minted - * Two New Penny (Proof FDC) * One New Penny (Proof FDC) * One New Penny for general circulation * Half New Penny (Proof FDC) * Half New Penny for general circulation
Face value the date is still in circulation.
The coin is still in circulation and is face value.
7 different pennies
Un-circulated probably quite a bit. In circulation and worn with age it is worth a penny.