Buying drinks or food at stores, in return, change goes back into our society’s pockets. People of all ages keep jars of useless coins, with pennies filling up most of the space. Places like Australia, New Zealand, Brazil, Finland, the Netherlands, Norway, Sweden, Switzerland, Britain, and recently Canada have all dropped their lowest coin(The New York Times). The United States should stop using the penny because it costs more than a penny to make a penny, and there is minimal use for the penny. ENDING SENTENCE
A penny is a small coin that is only worth one cent, but many people do not know that a penny costs more than 1 cent to make. “According to the Mint, it costs 1.8 cents to make a penny...”(My News 13) For the little use of the penny, it should not cost extra money to make money. “Last year alone, the U.S. Mint lost — that's right, lost — $105 million just producing pennies and nickels.”(My News 13) The United States is losing millions of dollars on money that we keep under our beds, and in our drawers. We could fix the …show more content…
Maybe to get them out of our pockets or purses, or to give them to kids to throw into a fountain to make a wish. Everyone would agree that no one likes when someone pays with all coins at a store, which takes forever, plus some stores won’t accept all coins as a method of payment.(The New York Times) “Still, you can't use a penny in most vending machines, or to pay your fare on most public transportation.”(CNN) When taking the bus, paying with all pennies does not work, so the final destination is back to the bus stop bench. So, pennies have little use in the real world to pay for items or transportation.
However, if the United States were to get rid of the penny, people may say prices would rise. It would be true that when you purchase items, they will be rounded to the nearest nickel. But, it can also be rounded down, not just up. “Pennies may not be big money, even if you add them together.”(New York
A penny is a small coin that is only worth one cent, but many people do not know that a penny costs more than 1 cent to make. “According to the Mint, it costs 1.8 cents to make a penny...”(My News 13) For the little use of the penny, it should not cost extra money to make money. “Last year alone, the U.S. Mint lost — that's right, lost — $105 million just producing pennies and nickels.”(My News 13) The United States is losing millions of dollars on money that we keep under our beds, and in our drawers. We could fix the …show more content…
Maybe to get them out of our pockets or purses, or to give them to kids to throw into a fountain to make a wish. Everyone would agree that no one likes when someone pays with all coins at a store, which takes forever, plus some stores won’t accept all coins as a method of payment.(The New York Times) “Still, you can't use a penny in most vending machines, or to pay your fare on most public transportation.”(CNN) When taking the bus, paying with all pennies does not work, so the final destination is back to the bus stop bench. So, pennies have little use in the real world to pay for items or transportation.
However, if the United States were to get rid of the penny, people may say prices would rise. It would be true that when you purchase items, they will be rounded to the nearest nickel. But, it can also be rounded down, not just up. “Pennies may not be big money, even if you add them together.”(New York