Should We STOP Making Pennies?
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Published on ● Video Link: https://www.youtube.com/watch?v=WT8FPBcni-I
Have you ever wondered if it’s time to stop making pennies? In this video, we break down the real cost of producing a penny in the United States, from the raw materials to the minting process. Discover why the penny costs more than its face value, according to official reports from the U.S. Mint and U.S. Treasury Department.
With the cost of production exceeding the value of the coin itself, is it time for the U.S. to stop minting pennies? Watch now to learn about the economic impact and the historical significance of the penny in the modern age.
📊 Sources:
U.S. Mint 2023 Annual Report
U.S. Treasury Department 2021 Report on Coin Production Costs
London Metal Exchange (for current zinc and copper prices)