Lincoln Penny Research Paper

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 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 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.

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

“Penny candy” and similar selling strategies or products do not exist anymore. Not to mention what used to be worth one cent forty-five years ago costs ten cents today. Over time the value of the penny has depreciated with inflation rendering them useless. Furthermore, since the penny cannot function on its own in a purchase the production of the penny is pointless.

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

First, the penny cost too much to make. In the first source it says, “Pennies cost to much to produce than they are worth.” This quote says why make something if you are not making any money on them. Also the first source said, “ After the pennies are made they have to get

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

So, should we get rid of the penny? In my opinion we should not get rid of the penny. It is to precious to our nation. We shouldn’t get rid of something that has been here since the colonial times. So, if you're with me, go out and tell the world we shouldn't get rid of

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.

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.

The government should disband the penny as a currency of the United States of America. The nation will benefit quite substantially from this act. We need to follow suit with the other developed nations of the world. Removing the penny from our economy will save us countless dollars and resolve the inconveniences that the penny conceives. We need to do anything possible to help make the United States one step closer to the greatness that it once achieved.

“A penny saved is a penny earned,” Benjamin Franklin once said. He was one of America’s seven Founding Fathers. The first one-cent coin has been around since 1787 when it was first minted by a private mint company. Abraham Lincoln, our country’s 16th president, has been minted on the penny since the year 1909. Canada got rid of their penny in 2012.

Abe is also on the one cent and the five dollar bill. He is on the one cent also called the Lincoln Penny because of his bravery and good deeds in the United States, when in service as president. Lincoln is as well on the five dollar bill because of his singing of the emancipation approximation. On the five dollar bill, it is a picture of Abe on the front and then the Lincoln memorial on the back.