Archive for April 24th, 2012

The article and youtube video was about how the penny has lost its worth. I talks about other countries that have abolished there one cent coin and also how everything is now being rounded to the next 5 cents.

I think that the penny is getting to be useless. Coming from a retail background i do not like having the old ladies come in an count out exact change using pennies or the annoying people that do come in and pay there whole purchase in pennies. The penny as a whole lost its value after it was made out of 95% zinc instead of copper. The only thing that we will really lose is the luck we get when we find a penny heads up on the ground. I think this metal could be used to make something else instead of a coin which has no face value. The only reason that i actually keep pennies is that in the end ill be able to trade it in after i get so much of them. I have noticed another trend when i actually do give change. When it is less then a nickels worth of change most people tell me to keep it. If we lose the penny what will we be able to do with all that metal?

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