Tag Archives: penny

Is this the end of the penny?

It could be. President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin. “For far too long the United States has minted pennies which literally cost … Continue reading

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Et tu, nickels?

I’ve blogged a few times before about pennies and the effort some people have made to eliminate them. Now it looks like we may need to add the nickel to the endangered coin list. The U.S. Mint has some good … Continue reading

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Don’t kill the penny, revalue it

Ryan Cooper proposes a big idea to make coins more useful so that people start spending them again instead of hoarding them in jars for months at a time. Here’s my solution: multiply the face value of every U.S. coin … Continue reading

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The case for keeping the penny

The Canadian penny is about to become a collector’s item. They clutter your dresser and cost too much to make. They’re a nuisance and have outlived their purpose. Finance Minister Jim Flaherty was talking about the Canadian penny and why … Continue reading

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