Our coinage system is completely bonkers

[elmo_iscariot]

I've bitched about the US coinage system on this blog before, but in case I wasn't clear, it's completely bonkers. Michael Zielinski at Coin Update sums up, in a gently-worded article about the "unusual" state of our circulating coinage:

The cent and nickel each cost more than their face value to produce and distribute. The quarter dollar is in

Comments

[jaimefeu]

You'd be taking Lincoln off the penny AND the five dollar bill. Those Church of Lincoln folk are gonna kick yo ass.

[elmo_iscariot]

We'll give him a stamp. One dying medium is as good as another, right?

[theladyliberty]

You'd be taking Lincoln off the penny AND the five dollar bill. Those Church of Lincoln folk are gonna kick yo ass.

The arguments from both sides regarding the penny are entertaining. :D

I've posted about the dollar coin versus the dollar bill a few times myself.

the Buck Stops Here
Dollar Bill vs Dollar Coin