Why Keep Pennies

"The Penny Debate " by Brad Andrew is an article written to inform Americans about an ongoing conflict. Both sides are supported with good reasons; However, I think It would be beneficial to keep the penny. Based on the article, which implies that fellow Americas would lose much more than we're gaining. Things such as; Getting rid of the penny, Charities ran on coins will lose profits, putting U.S. Mint further in debt, and prices would rise. Many may think that eliminating the penny will be a plus, but aren't looking at both pros and cons in-depth for future references. Rather than getting rid of the penny altogether we could use a cheaper metal to produce

The three reasons to keep the penny in circulation has to do with the culture that is behind the penny, the added cost to the consumer and the history that is shrouded in the Lincoln penny. In Source 1, it states “On average, the customer will lose two and a half cents in each transaction.” This means that if the penny is taken out of circulation consumer will lose 2.5 cents a transactions. On Source 3 it also states “In truth, it is more than a coin—it is a piece of American culture.” This shows that the coin has evolved to be more than a coin, it has become a part of American Heritage. Also in Source 2 it states the “first penny in the series was created to commemorate the 100th anniversary of Abraham Lincoln's birth. His face has remained

The U.S. penny has been a standard in our currency system for almost as long as our country has existed as a sovereign nation, but due to inflation, production costs, and the changing times we live in, it is no longer a sustainable unit of currency and only serves to increase our national deficit and waste our time. When the penny was produced for the first time in 1792 by the U.S. Mint, it was made of pure copper, featured a woman with flowing hair, and was inscribed with the words “Liberty”. Since then, the design and composition have changed numerous times to reflect our changing nation. Despite its fading glory, the penny has been kept alive by numerous false lobbying fronts and a stubborn ideology, but

In 2011, it cost 2.4 cents to produce the penny. The penny was first minted in 1857. It cost 2.4 cents to make the penny. Also the United States loses 1.8 cents for every penny being made. In conclusion we should get rid of the penny. The United States should get rid of the penny because it is people are not using them, cost to much, and other countries have already dropped the penny.

Pennies are used by Americans more than they realize. Parents give pennies to their children to throw into fountains in hopes of having their wish come true. Others rely on finding a penny on the ground for good luck. Despite the little value a penny holds, it may impact the economic status of Americans and charities, has importance in the pricing system, and remains as a part of American history.

Pennies are worthless. According to the spruce.com, “They don’t buy anything, many people just throw them away, and nobody wants to use them so let’s just get rid of them”. Charities need pennies. According to the spruce.com, “Many small charities depend on penny drives to bring in donations”. According to the spruce.com, “People think nothing of pouring out their old penny jars to support these drives, but they won’t part with nickels s easily”. Most Americans use pennies to pay for most of their stuff and donations.

Even though the penny has large sentimental value in the U.S. I feel that the penny is way more trouble than it’s worth. They take up tons of unnecessary space, cost Americans millions of dollars a year, and it costs more to make than it’s even worth. But if we got rid of the coin, it would lower the prices of a lot of goods and services, save up to $700,000,000 a year nationwide, and would save a lot of room for other, more valuable coins in our wallets, purses, and on our dressers. Together, we can stop the penny being minted, and make silver coins great

“A penny saved is a penny earned,” to quote Benjamin Franklin. Unfortunately a penny saved is not worth a whole lot anymore. Like many other once useful things the penny has become obsolete. The production and use of the penny in the United States monetary system should be abolished.

The shiny deep chocolate brown colored coins that we may all tend to use on the daily are in consideration of being eliminated by the US Congress from the United States currency system. Although the possible elimination of pennies may mean more to some than others, it does not mean that pennies should be fully removed from the United States currency system. It just does not seem reasonable to remove a coin that is used by many American civilians each and every day. For starters, pennies can be used for many good causes and to help many different people. At Washington Middle School, a penny drive was held to donate to charity and as a result, $3000 was raised in just one week.

The penny debate has been going on for many years. Many people want to get rid of the penny, but others want to keep the penny. We should keep the penny. The penny is a benefit in our society.

The penny is practically worthless to many people in our country. In a Gallup Poll of 1,002 adults conducted from June 11 of this year displayed shocking results. Nearly 75% of those adults would stop and pick a penny that is present on the ground. About 40% of men and 35% of women would walk passed a penny that is on any type of surface. This poll also found that 58 percent of Americans stash their pennies in piggy banks, jars and drawers. Some Americans redeem their cents at banks or coin-counting machines, but 2 percent admitted they toss them into the trash. They consider the penny a nuisance to many fellow Americans. This sentiment has been growing through recent years. The penny is basically obsolete and should be removed from American currency.

On top of not having a use, the penny is a big waste of time, literally. Gore, a graduate student at the University of California at Berkeley has made a calculation that approximately “four hours per person per year” is wasted on rummaging for pennies which in turn costs the nation “over $15 billion per year.” (Kahn) These $15 billion could be used to create jobs, invest in renewable energy, or invest in education, all of which would greatly improve the nation while at the same time getting rid of a pointless coin.

“Should we abolish the penny?”, is a question that a lot of people have ask. I think that we should abolish the penny, because it is costing the US more to make the penny than it is even worth. Every year the U.S. Treasury produces 12 to 14 billion pennies at a cost of $90 million. If we abolished the penny, instead of paying $39.99, we could round it up to $40.00, or round it down to the nearest nickel, and make it $39.95.

The penny,has history, and it can help with charities, people are trying to get rid of the history and more that the penny has made through the 200+ years. Even though the penny costs more than its own value it can change the world. It has made many different communications though the world. Although the penny cost more to make then its price, the penny should stay, to help with charity,A middle school raised over $3000 in a week from a penny drive. The Penny also shows world history because of how long they’ve been around.

The Penny is essentially a vital part of our money system. There has been many speculation about whether or not the United States should abolish the penny from being minted any longer. Although the penny has been a part of the American culture since 1787, it has such a small value, it will always be a part of American history. So as the years go on we should realize that the penny is everything to the United States. The penny should not be eliminated from the money system due to the fact that it is a part of the American culture and has earned its respect over the years.