Persuasive Essay On Pennies

The cost to produce the current pennies design cost way more than what its worth. The way the penny is made now it costing the U.S. way too much money. “On average, the penny cost 2.4 cents to make but is only worth one”. The design of the penny isn't great either, it's bulky and not very pretty. Its bulkiness makes it more weighted and takes up more space. In source 4, “for 30 years, pennies have not been used on foreign military bases because they're too heavy and not cost effective to ship”. The pennies metal content is not very effective and costs too much. Some people believe that all we have to do is change the metal content. According to source 4, “ the current metal composition of the penny is copper and zinc”. Overall, if there's any chance we are going to keep the penny, the cost and way its made needs to be drastically changed.

To begin with, pennies aren't the only coins that cost too much to make. According to Jeff Sommer, who wrote the article “Penny Wise,or 2.4 Cents foolish?” he states “Each

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

The United States either seems to be unaware or choose to be unaware of every other nation not only eliminating pennies, but some also eliminating coins, even their neighbor Canada. It's true our past have taught us a lot and brought us here. We can't turn our backs on our past as a nation because we have to reflect back in order to move on, successfully. However, in the case of this nation, our past is in our way of moving on, the sentimental attachment to the penny will lead us astray if we hold on to it. Other countries have eliminated pennies because it's both a waste of time and money, so I suggest we do the same. Instead of eliminating the penny to make a greater use of the

“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.

Charities all across the US would love to have pennys come in as a donation.For some people the penny is a worthless coin however when you get a lot of them then there valuable. A school in Washington did a penny drive and raised over $3,000 in one week(Source 3). Alone the penny is a worthless coin but if you get a lot of them they can add up like the school in washington raised a few thousand in pennies alone(Source 3). Also a student

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.

The penny cost more to make then it,s actually worth. According to Maria Story “In 2011, it cost cost the U.S. Mint more than 2.4 cents to produce one penny.” Spending that money on a penny is not worth it.

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.

In America, there is still a debate if the penny should be eliminated. If it was to be eliminated it would still be used, but in a minimal way. In Canada, the Canadian penny was eliminated due to cost, time, and the country believed it was a waste of money, “inflation reduced its purchasing power by 95% since it was first minted domestically in 1908: back then the cent could buy goods of the cost of $0.20, today in other words.”(The Economist). Once a small coin can no longer be used to buy individual items at that price, but it is only used to make change, it becomes more trouble than it is worth. Canadian pennies cost “1.6 Canadian cents to manufacture, and the government expected to save $11 million a year by eliminating them”(The Economist). But that sum equivalent to 0.0006% of GDP is small change. Canadians feel that eliminating pennies is that their feeble purchasing power means dealing with coins,

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

Not only has the penny been around for more than one millennia, but it has become very important to our society, even if its cost doesn’t mean a whole lot unless in a large group. It has worked its way into the zinc

The penny should be eliminated because it cost about 2 cents to makes. That’s double its value. The penny may cost more to make then it is worth but the nickel does too. So if we are only banning the penny for how much it cost to make then we should ban the nickel too. The penny has already been eliminated in Australia, New Zealand, Brazil, Finland, the Netherlands, Norway, Sweden, Switzerland, and Britain (Sommer). So we should eliminate them too. If we eliminate them we could damage our economy. Those countries don’t have the same economy as we do. So it may work for them but not necessarily for us. Pennies don’t help us in any way. They are useless and a waste of space. Pennies actually do help. People don't mind donating pennies since they are so low in value. The kids at WMS raised over 3,000 dollars in pennies (Waterhouse). So some may say pennies are worthless but they really aren’t.

The penny costs 1.4 cents to manufacture each time at the mint. This is causing the mint to lose money for the treasury. Last year, the mint earned $730 million dollars in profit. Many mint officials claim the estimation will be about $45 million due to the cost