(quote) Paul-1049651 said: Canada sensibly abolished the penny a year or so ago, though they still turn up now and then. So I'll amend this to "will I pick up nickels". Not usually, nor dimes. But sometimes I find myself worrying that some little kid will pick one up and swallow it, so I'm not sure that my decision is the right one. On the other hand, it's not like one hears of this happening very often.
That's a new one on me about pagan dieties--fascinating! Unless you intend to worship said dieties when you pick up the coin, I can't see any danger, since I don't believe in magic.
BTW, the Romans, with their penchant for turning everything into a god or goddess, issued coins showing a female divinity standing with a set of scales and a cornucopia, and bearing the words "Sacra Moneta". Cash is King, as they say :)
My best argument for NOT abolishing the penny (in the U.S.) is that it would cause the price of everything to go up. No one is going to round the prices for their product to the nearest nickel. They will round practically all prices UP to the nearest nickel. Not a good thing in my book.
A product selling in the grocery store for 81 or 82 cents will be rounded to 85 cents. Any sales taxes on that item would be rounded up too. The state certainly isn't going to accept 5 cents of sales tax on an item that would otherwise have a sales tax of 6 or 7 cents. They will require 10 cents. Thus, an item could have it's price inflated twice.... Once for the actual price of the item and again for the taxes paid on the item.
Keep the (other-wise nearly worthless) noble penny!
I sound like U.S. President Gerald Ford's campaign manager... Their campaign slogan was "WIN" (Whip Inflation Now). en.wikipedia.org