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In the late 1990s, you don't see many cent signs. Why? Because hardly anything costs less than a dollar anymore? Actually, the demise of the cent sign has little to do with inflation, and everything to do with computers. And therein lies a tale.
The Demise of the $.01 Sign [charlieanderson.com]
This story made me drag out the old Underwood #5. No, I never used the old beast, but it's a nice conversation piece. There in all its glory was the ¢ sign, looking frail and dated, but still proud. ; )