~The Penny~

[
Colby
]

Did you know that it costs more money to make a penny then a penny is worth?

According to the US Mint, it costs 1.7 cents to make a penny. Now they are trying to find a new material to make penny's.
See the full article.

 

[Barrett]

They dont care...they make the money back with taxes....

 

[Shmoe14]

yeah i heard that

 

[
Colby
]

oh, i didn't know that, weel it is still pretty interesting, saw this yesterday in the newspaper.

 

[Mad-moose]

thats weird..i thought pennies were made of like copper, i think they are right?

 

[peanuts]

old news i learned this in about 7th grade very old. Its because the value of the dollar is dropping..

 

[juvenilepunk]

Ill bet the penny will be extinct in less than 50 years

 

[Shredderbeam]

Did you know that it costs more money to make a penny then a penny is worth?

According to the US Mint, it costs 1.7 cents to make a penny. Now they are trying to find a new material to make penny's.
See the full article.

I did know that. It's true for nickels also.

 

[
Colby
]

Ill bet the penny will be extinct in less than 50 years

lol, it will probably be extinct in like less than 10 years, 5 years perhaps.

 

[peanuts]

are you sure about the nickel shredderbeam32? never heard that one. But the penny is old news beleive me kindergarden old.

 

[Shredderbeam]

are you sure about the nickel shredderbeam32? never heard that one. But the penny is old news beleive me kindergarden old.

I'm quite sure. I researched it a little bit, and it apparently takes 5.7 cents to make a nickel.

 

[Immortality]

Hmm. How intelligent to process something you lose money on...

 

[Kabal]

Why do you guys still have a penny anyway :s

 

[##Zach##]

Lol, I knew this before from discovery channel when I was 10...lawlz...