Loading ...as the cost of minting exceeds the value of the coin .
As we did back in the 60s when we stopped issuing silver coins .
I can still remember a student assembly from that era , with Hubert Humphrey ‘defending’ that move . His words ” put different global denominations on a table and turn out the lights . The US dollar will be the one that has disappeared when the lights come on .” He was right , thanks to the petrodollar .