Comments on: The Death of the Penny – US Mint to Cease Penny Production in 2011

By: John Moyer

John Moyer — Mon, 16 Apr 2012 21:13:53 +0000

I have a 5 gallon bucket of the copper pennies[not the zinc crap] now who will pay me the $3.77 per pound ,which is about 151 pennies per pound.

By: Arthur

Arthur — Fri, 30 Mar 2012 11:58:44 +0000

Funny thing is, that Canada just did away with it’s penny.
Now that is pretty close to home.

By: Ryan

Ryan — Thu, 22 Sep 2011 17:35:51 +0000

Zachary, this post was originally published Apr 1, 2009 as an April Fool’s Day joke.

By: Zachary

Zachary — Thu, 22 Sep 2011 16:10:06 +0000

I am going to use this article as a source for a Debate Team evidence project, can someone tell me when this article was published? I can’t find it.

By: Ryan

Ryan — Thu, 15 Sep 2011 19:02:46 +0000

I wasn’t aware that Australia did this, but I have been in other places where they do it. It was surprising at first, then liberating. Though I can certainly understand why many people would be upset if the US did away with the penny.

By: Rach

Rach — Thu, 15 Sep 2011 16:21:21 +0000

Just as a note, Australia definitely does this. They don’t have less than a 5 cent coin. If something costs $2.56 or $2.57 they’ll round down to $2.55 and if it’s $2.58 or $2.59, they’ll round up to $2.60. It’s a workable system, though surprising if you’re not expecting it.

By: TTT

TTT — Sat, 29 Jan 2011 21:11:45 +0000

Um, this makes no sense. You can’t make a profit on something that costs more to make than you sell it for. Let’s say you make a billion pennies ($10 million face value) which costs you $16 million to make–a $6 million loss. If they all fall out of circulation you have to make another billion pennes, at a cost of another $16 million, and a loss of another $6 million.

By: Wayne

Wayne — Sun, 09 Jan 2011 19:07:39 +0000

Kind of figured a joke when I saw Abes’ mouth open in display.