Letter Re: Obsolescence in American Coinage
Dear Mr. Rawles, I read your article about US coinage and the opportunity to save nickels. I must admit that your post about nickels is the first thing I linked to and that it introduced me to the many other valuable and useful topics on your blog. I have two concerns about modern coinage. The first is obvious and refers to the decreasing value of the coins themselves. The penny is now essentially worthless and should be abolished. We spend time making change. We spend money creating, transporting counting and wrapping them. Our tax dollar could be better used. The …