Seem to vaguely remember that was under consideration but due to % on sales Taxes did not go through? Bit ridiculous; be easy enough to just round out prices & make that a non-isue, as the EU did. Oh, oh...feel another "side-search" coming up! Ha, ha.
If we get rid of the penny, then phrases like "a penny saved is a penny earned" will make no sense. People make wishes throwing pennies into fountains. If they throw nickels or larger coins people will be more inclined to steal them. Then they'll slip and fall in the fountain and you're looking at a $100 Million law suit. People have named their daughters 'Penny'- and again when pennies disappear their names will have no meaning. I love penne pasta - but nickel pasta?...hmm
P.S For all of you that want to kill the penny, if you think they are worthless, i will be more than happy to take them off your hands. You want to give away free money i will take it.