Argumentative Essay On The Penny

As illustrated, by Maria Story “ The one-cent piece, commonly referred to as the “penny” has been apart of United States history for over two-hundred years” (Story). As can be seen, the American penny has been around for centuries. Who’s to say that phasing out this coin won't affect America? To dig even deeper, Story describes how the penny has affected the U.S. “ The history of the penny reveals more than just a coin-it exposes a piece of American culture. The one-cent piece has influenced our languages…” (Story). As noted, the penny has not only shaped America's culture, but the language too. Taking away the penny will tear a piece of American identity. To conclude, the penny should remain a part of U.S. economy because of its influence in American language and culture.

The United States needs the penny today so they can get exact change. If someone owed three cents how do they pay it? The person would need a nickel, but they wouldn’t get two cents back in change. People would have more coins of higher value. If someone bought something for $1.97 they wouldn’t get change back, because there would be no 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

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.

“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 penny is important to many because it can help with charity , sentimental and historic value.

The pennies production cost is worth more than the penny itself, It would cost less to just eliminate the penny completely. Pennies cost everybody money, including taxpayers. Even though production costs are slightly lower today, the penny still costs the United States over 1.8 cents to produce and costs 60.2 million in the year of 2011 (source 1). The 60.2 million dollars that's used for a coin a year can be used for better things in the world, like charities. Pennies are worth so little, but costs so much. We would be saving a lot of money by not producing pennies at all. Pennies will still be around, but no longer minted. The production cost of a penny adds up to a lot of money a year basically wasted.

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.

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.

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

There are many more reasons as to why the penny should be kept, such as the fact that it is a reminder of Lincoln’s history in the U.S., but why expand on all of those when it is already obvious the penny should be kept in circulation. Yes, perhaps the penny can be seen as worthless and a waste of currency, but it holds a lot of worth when you add up that it is liked by the public, that it aids in providing jobs, and added with other pennies, it really can be worth a lot. Besides, how could America give up their lucky penny? It’s lucky for a

To begin with, the penny has been around for a long time, it has influenced our culture and has created many sentimental sayings. “The history of a penny reveals more than just a coin, it exposes a piece of American culture.” (Story) The penny has changed many times. There have been many designs all of which reflect the time they were made. There are also idioms that were created because of the penny, some of which are still used to this day. The saying “ A penny for your thoughts” for

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.

The penny has been the lowest domination for 154 years. The United States started using the penny in 1793. President Abraham Lincoln is on the penny. The penny is made out of copper. The average penny last twenty-five years.

These people also argue that because the penny bears the face of President Lincoln, the man who abolished slavery in the United States, it should be kept alive forever (Murphy). While these points are definitely patriotic, it is important to note that patriotism alone will not help the economy. Each penny costs about a penny and a half to make and doing without it could save taxpayers millions of dollars (Whaples) and if saving taxpayer money is not patriotic, then what is? If need be, Congress can decide to make a new one dollar coin (replacing the dollar bill with a coin might save the U.S. government an additional $500 per year)(Whaples) with Lincoln’s face, and he will always be immortalized on the face of the five dollar bill. Also, as sad as it may be, no matter how many times one throws a penny into a fountain, ones wish will not be granted. This is just another reason to eliminate the penny due to people’s wastefulness