Abolish The Penny Research Paper

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Should the penny be kept in the the US? In all reality the penny cannot procure any item in todays time. But, it does do a lot with helping those in need and those who cannot afford many things. The cost of making the pennies is higher than face value, and the melt value of pennies ranges from more than 2.4 cents for the pre-1982 copper pennies, to nearly a full cent for the zinc pennies. Still, the penny is a very sentimental coin for most Americans, and many individuals fear that abolishing the currency would increase values, fees, bills and much more because things would then be rounded to the nickel.

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