Pennies Are Too Damn Expensive

I’ve been trolling my back catalog of links I wanted to share and came across this. Pennies cost 1.8c a piece to make and are sorta useless.

via the Atlantic. But one note on that – just because a coin’s production cost is higher than it’s face value doesn’t make it inherently bad, because it will recirculate likely thousands of times over its lifespan, which the Mint estimates at 25 years.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: