The Value Of A Penny: Mass Lab

Did you know the first penney the u.S. has ever seen was created and produced in the year 1857? The penny we know of has been in the states for 161 years. In the year 2012 there was a proposal that the United States get rid of the penny, the least valuable coin in the money system. The penny has so little value, but cost too much to make. Although the U.S. loses millions of dollars a year to the production of pennies, American pennies should not be ceased minting because of the risk of economic changes,the piece of culture they each possess and their “ power in numbers”.

In this experiment, we are trying to figure out how many droplets of water a penny can hold while face up. Before we began the experiment, we already knew that water molecules stick together as long as gravity isn't stronger than the water. In the experiment we had water, soapy water, and rubbing alcohol.

"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

People admittedly do not favor change. Many have seen the statistics concerning how much it costs to maintain making pennies, the time it wastes and the overall problem it creates, but they still would not want to get rid of the penny. The Harris Poll has data supporting that

In our Penny Lab, we wanted to extend what we were told to do with experimental design. We’re doing this because we wanted to prove what he thought our hypothesis had been, and a hypothesis can not be true unless it can be tested. We investigated what variables made the Penny Lab easier, or harder. As a class we decided to investigate variables like, dropping the penny from the same height, and applying the same pressure to the penny for each drop. But first we had to know what variables were, and which variables we needed to use in the experiment. The variables were, the independent variable, dependent variable, the experimental group, and the control group. We investigated this to show how much water a penny could hold, but we introduced

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.

“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 continuation of minting the penny is costing the U.S more than it should, additionally many other countries have already given up their lowest cent. Production cost is a huge deal and is costing the government and taxpayers money. Many countries, including the military dropped the penny. So why shouldn't we?

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.

This experiment was performed to observe differences in density based on the chemical makeup of an object. Pennies minted before 1982, pennies minted after 1982, and an unknown metal sample was tested to see if there were any differences in their densities. Ten pennies from each category and the metal sample were weighed using a scale to find mass and the displacement method was used to find their volumes. The masses and volumes were then used to calculate the densities of the pennies (D=m/v). The density of the pre-1982 pennies were 8.6 g/mL while the post-1982 pennies were 6.9 g/mL. The metal sample’s density was 1.7 g/mL. Following the experiment we were given the real densities of each item to calculate the percent error with the formula

The penny has a lot of history, through the 200 years the penny changed design and value. Based on the article “The Ever-Changing Penny.” The first pennies were minted in 1857, they were very large, larger than a modern day quarter and had different images of the statue of liberty on the front(4). With this example, one can see,there were several visions for the penny before the final product of the Abraham Lincoln penny in 1909. The history of the penny reveals more than just a coin, it exposes a piece of american culture. The penny has influenced our language, giving us a number of idioms, such as “A penny for your thoughts” And “Not one red cent”(4). Despite its cultural influences the penny is under attack currently, the reason? Because making the penny also costs money, more than its worth,in 2011, it costs the U.S. more than 2.4 cents to produce the penny. The History of the One-Cent piece is a curious one. How long it will remain a part of your spending currency is yet

Between 2001 and 2006, there has been an increase of .6 cents for the reproduction of the penny. This increase displays economic problems that may lead to fatal ones. The penny is composed of 2% copper and 98% zinc. These elements are exponentially in demand causing the price of these materials to skyrocket. Many Americans think the penny is putting our country in jeopardy with financial losses. This meaningless coin is losing money for the mint, and should be abolished.

United states produces 13 billion pennies each year. The Penny coin in America played a role to our economy/without people noticing too much. People most likely don’t recognize it due to inflation of prices. To public eyes the penny has always been heated debate topic. Which leads into my paper here. Should the penny be eliminated or kept? The penny should not be eliminated from our “coins system” because the prices would be rounded(making prices mostly going up), the penny has need to stay for economy. And the “public”(average american citizen) view matters and need to be heard. Even the penny kept costing United States to make then it is worth, but the benefits of the penny beats out the cost.

But, there are some people that like the penny very much and don't want the penny to go away. people like how the penny had so many faces and changes because of how meaningful the penny was and how the penny went through 21 changes. But this a false because the penny costs the government money to change it every time. Though, the pennies value dropped a lot, people still say it has the same sentimental value then what it did in the 1900. But it ends up that people just keep them in their home and dont use them as actual

Eliminating the penny would impose a significant and regressive rounding "tax" on the American public. The public appears to recognize this possibility and strongly opposes elimination of the penny.