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All Posts Tagged With: "One Cent"

Anti-Penny Video Rant . He Hates Nickels Too

Certainly it would be hard to logically justify the continued manufacture and use of the US penny from an economic standpoint.

The Penny costs 1.7 cents to produce and is worth only 1/26th of what it used to be worth when Lincoln was President.

In fact it is estimated that the US Mint loses over 70 Million dollars a year producing this denomination of US coinage.

Let us know what you think!  Is the Penny Useless? Should we get rid of it or Keep it?

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