Pennies
The penny,has history, and it can help with charities, people are trying to get rid of the history and more that the penny has made through the 200+ years. Even though the penny costs more than its own value it can change the world. It has made many different communications though the world. Although the penny cost more to make then its price, the penny should stay, to help with charity,A middle school raised over $3000 in a week from a penny drive. The Penny also shows world history because of how long they’ve been around.
Washington Middle School (WMS) Raised over 3000 dollars in a week just from a penny drive. Many people,schools, etc. do penny drives for charity, even though the penny cost 1 cent doesn't mean it's useless. As Michael Cooper, an eighth grader said, “If you asked for my quarters, I would have said ‘no’ because I use them for video games. Pennies don't really matter much, so I was happy
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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
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.
A third reason why the penny should be abolished is because it is a time waster. When making a purchase and an annoying penny is needed, precious seconds are wasted digging in pockets or purses. In a culture where time is money, why is an annoyance like the penny still used. The penny is a timewaster and its use and production should be halted immediately.
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.
The United States should get rid of the penny because it is people are not using them, cost too much, and other countries have already dropped the penny. The United States should get rid of the penny because we never use it, it cost to much to make and other countries have already dropped their penny. So if the United States gets rid of the penny it might affect the price in a increase but it also might affect them in a decrease so no matter what over this topic the world will not end and we will be
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
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 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 an important part of our past and they will be in our future. Pennies are a good thing to help with Contributions to Institutions. The penny would make a difference in your change. You would have to round up 5 cents. The penny is very important cent and we need
Even though the penny has large sentimental value in the U.S. I feel that the penny is way more trouble than it’s worth. They take up tons of unnecessary space, cost Americans millions of dollars a year, and it costs more to make than it’s even worth. But if we got rid of the coin, it would lower the prices of a lot of goods and services, save up to $700,000,000 a year nationwide, and would save a lot of room for other, more valuable coins in our wallets, purses, and on our dressers. Together, we can stop the penny being minted, and make silver coins great