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Talk:Penny (United States coin)

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Move to cent?

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The US Mint defines the 1/100 dollar coin as a cent, not a penny. Cent (United States coin) redirects to this page but I think this should be reversed. Urban Versis 32KB(talk / contribs) 18:35, 21 January 2024 (UTC)[reply]

Penny is probably the more common name. Qzekrom (she/her • talk) 14:19, 3 February 2024 (UTC)[reply]
APMEX says "The terms “penny” and “cent” are used interchangeably in the United States to refer to the coin representing one-hundredth of the value of the U.S. dollar." and "There is no difference between the penny and the cent in the United States. Either can be used when referring to the coin representing one-hundredth of the U.S. dollar." [1] CodeTalker (talk) 02:32, 1 April 2024 (UTC)[reply]
Just to be clear, I also oppose move. My comment was mainly directed toward recent changes by User:LookWhatJesFound which introduce confusing language attempting to use "penny" only as a name for the coin and "cent" only as the name of the monetary unit. CodeTalker (talk) 04:46, 1 April 2024 (UTC)[reply]
Oppose move - "Penny" is the WP:COMMONNAME for the coin by a large margin. - ZLEA T\C 03:31, 1 April 2024 (UTC)[reply]

End of production

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Since the announcement that the USDT has been instructed to halt production of the penny, the infobox's "Years of minting" parameter has been changed twice to show an end-of-production date of 2025. I am against such changes to the infobox at the moment for a variety of reasons, especially WP:CRYSTAL. First of all, Production has not yet ended. Second, as of this post, it hasn't even been an hour since the announcement; not nearly enough time for anyone to seriously challenge the decision. - ZLEA T\C 03:36, 10 February 2025 (UTC)[reply]

I'm pretty sure the president can't just will the penny out of existence with an order. Something like this would have to be approved by congress. One of the reasons why the penny has been around do long is lobbyists in the zinc/copper industry. Knowledgekid87 (talk) 03:47, 10 February 2025 (UTC)[reply]
Hard to say how things might work, but we should wait for a confirmation that penny production has stopped, rather than just relying on the announcement. CMD (talk) 03:57, 10 February 2025 (UTC)[reply]
Well, the last attempt was through the Legal Tender Modernization Act which failed. I fully agree that we need to wait. Knowledgekid87 (talk) 05:04, 10 February 2025 (UTC)[reply]
Maybe not complete elimination like in Canada but he effectively can, the relevant code is 31 USC 5111 and 31 USC 5112 which authorizes coin types and directs the Secretary to "shall mint and issue coins described in section 5112 of this title in amounts the Secretary decides are necessary to meet the needs of the United States". There's likely some regulatory process involved for the Secretary to make a determination that pennies are no longer necessary to meet needs (and I suppose that could be challenged), but there's no mandate for a particular amount of production. It would likely still be minted for numismatic purposes so the infobox should obviously not have an unconfirmed end date, but I don't believe Congress would have to pass a law here. Reywas92Talk 15:09, 10 February 2025 (UTC)[reply]
Completely agree, there's no reason to hastily edit anything here. Trump telling the treasury secretary to stop producing pennies does not mean the US Mint has halted production. It is Congress, not the Treasury or Federal Reserve, that authorizes the minting of coins. — Grey (talk) 13:45, 10 February 2025 (UTC)[reply]
Not to say Trump has power not to do what Congress directs, but Congress's authorization does not require minting 3 billion coins a year, it could be reduced to a few million for collectors, etc. That's what happened for the Presidential dollar coins#Stockpile and suspension of production, but indeed, very dumb to add an end date. Reywas92Talk 15:17, 10 February 2025 (UTC)[reply]