The Penny do we need it?

Question

The penny now cost 1.2¢ to make. So is it now worth more? Should we cash in our bills for rolls of pennies? Or should we get rid of the penny from our currency? Could we get rid of it from our day to day life? With out the penny being currency would people bend over to pick them up? Would there be no more penny banks? Would there be no good luck from finding them on heads. President Lincoln how would he fell about this dismissal of the penny? 
 In economical times of inflation our national currency of a penny has exceeded its own worth. Looking to the future I say we change the penny to 2.5¢. :)

SnowWhite7 · Accepted Answer

Its part of our history, but change occurs over time, and the time has came to change (no pun intended) the penny. Take it away. But everything will change. What will WAL-MART do? They couldn't have $9.97 anymore.

jedimastercurtis · Answer

Australia got rid of 1 cent and 2 cent pieces a lont time ago, and it didn't cause an major problems. We still get by without it just fine.

Martin · Answer

Yes! and by the way I have a Sparklets water bottle full of pennies-any offers??? You will have to pay shipping too!!

smokingstonersweetheart · Answer

Whoa, that would be wierd without the penny o my lol.. so is this really happening or a what if?

Man · Answer

Although it cost 1.2¢ it is only worth .008¢ less then a penny.

What we need to do is change its composition to aluminum or plastic.

Anonymous · Answer

that's extremely interesting, maybe we SHOULD. it's more money, so what's the harm in switching to rolls of pennies?

CoC · Answer

the nickle also cost more than its worth

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The Penny do we need it?

7 Answers