When penny becomes obsolete

[Jay R. Ashworth]

On Fri, Jul 07, 2006 at 02:29:10PM -0400, Fairlight wrote:
> On Fri, Jul 07, 2006 at 08:58:44AM -0400, SmittyUSN1 may or may not have
> proven themselves an utter git by pronouncing:
> > What with the list being so slow I thought I would ask the list a question
> > about what to do when the .01 cent is obsolete.   I am sure that just the
> 
> There's no denomination of one one-hundredth cent in physical circulation
> to become obsolete.  One has ever been minted.

Smartarse.  :-)

And while I thought you were wrong, Cecil agrees with you:

	http://www.straightdope.com/classics/a1_336b.html

though there was in fact legislation for the coinage in 1786:

	http://en.wikipedia.org/wiki/Mill_(currency)

and Hong Kong had one:

	http://en.wikipedia.org/wiki/Hong_Kong_coinage

Cheers,
-- jra
-- 
Jay R. Ashworth                                                jra at baylink.com
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