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  • No need to produce

    Waste of money and fuel. To make 5 pennies is 2.40 dollars; to make a nickel it is 2.20. And the mint makes 20.27 million pennies a day. That concludes that it is a waste of time. Why waste your time on making pennies when you could be making dollars and other stuff more important than the penny?

  • We should get rid of the penny.

    We should get rid of pennies because pennies are worthless, they only cost 1 cent. I think we should get rid of pennies because it cost more to make a penny than what it is worth, It cost 2 cents to make a penny and a penny is 1 cents. No more pennies because people throw pennies on the ground and that is bad for the environment because they are littering. Pennies are worthless. When a kid see a wishing well they would ask for money and their parents would give them a penny because they're not that important. Pennys are a waste to the world

  • It costs more to make than it is worth.

    The penny should not exist any more because it costs (0.02) cents to make the penny. What's the point if its only 1 cent? Prices are going to be rounded to the nickel but its only 4 cents less. It doesn't really matter if the prices at the stores are rounded to the nickel. Pennies are good for people in need or children in need, but we can start doing that with nickels.

  • It costs too much.

    The penny is not worth the money to make it. It costs US tax payers too much money to make it and therefore should be done away with. In addition more pennies are thrown away each year than are spent. The US government has a lot more things to waste money on than this archaic piece of useless money.

  • It cost more to make.

    It costs 1.7 cents to make a penny yet it is only worth 1 cent . This adds up to about 70 million a year in tax payer money to afford to make pennies for a year. Use common sense and get rid of the one cent piece and maybe we could start to draw back this debt we have built up.

  • Lincoln still has the $5 bill.

    I'm sure that if Lincoln were still alive today he'd fully support the removal of a coin that takes away from America's budget. It seems ridiculous that we're obsessed with the idea that Lincoln is a part of our history, only because we have the penny. We have plenty of records of Lincoln, he won't be forgotten.

  • Some Filling Details

    Firstly, I'd like to begin with costs.
    The US penny costs roughly over 2 cents to make-that's double the amount the coin is worth.
    If you were to couple that with the lack of pennies in circulation (thus causing more manufacturing), that can lead to a large worth of taxpayers' money being spent.
    Money that can be used to pay other causes, like jobs, or restorations.
    Secondly, I'd like to address some objecting arguments.
    "Charities will suffer if the penny is removed!"
    Now first of all, people donate their pennies not usually because they care-it's because they don't want it in their lives anymore.
    When it comes to charity, you think of people who care for the cause donate.
    If that were to be applied, then people would have no problem putting in a ten-dollar bill rather than a jar of pennies.
    "If the coin were to be removed, prices will go up."
    This annoys me in a large way, this just shows how people can't think things through sometimes.
    Other than that, prices can also be rounded down.
    Of course, there are some businesses that will round up-but who would buy from that? It's a dumb business move, especially if there's a rival business in hand.
    "The penny is an American symbol."
    This is a worthy argument to battle, as it really is an important symbol.
    ...If you think that way, of course.
    This argument is going to be put forward as opinion-as-fact if I tread forward, so I'll stop here for this one.
    "People will lose money if the penny is removed."
    If the businesses were to be constantly rounding up, the average American will lose $18.25 annually against the other timeline keeping their pennies.
    That's minuscule compared to the $100 million lost to the US treasury.

  • Makes no cents.

    Almost all economists agree that we stop should minting pennies. It takes roughly two cents just to produce a penny. Therefore seventy millions of federal tax money goes to producing these pennies. Not to mention that most Americans either have their pennies stock up in a jar, or inside couches just sitting there. As a result, this makes pennies an economically inefficient currency for us Americans. Countries such as Canada, the Netherlands, and Australia have gotten rid of their pennies and their price ranges hasn’t increased. Although it is a small issue, this may help our economy and hopefully lead to a better future for America.

    Most Americans don’t want to get rid of the penny simply because it affects them emotionally. Everyone has had a time where they would stock up on coins to save up for a few bucks. Don’t fuss over if Lincoln is gone; he still has his spot on the five dollar bill. Subsequently, I don’t think he would his face on something that is worthless. In addition, it’s not a political issue. You and the people in Congress probably discussed more about political issues rather than this small dilemma. Despite it being a small issue, I think they may drastically impact American’s economy. The penny isn’t as efficient anymore due to inflation. We’re just spending money making them when it’s worthless and no one is using them. Most vending machines, parking meters, or anything that requires coins don’t accept pennies simply because they’re worthless. By and large, getting rid of pennies can help save time, resources, and essentially, millions to billions of dollars per year! Please consider this idea and notify Congress.

  • Makes no cents.

    Almost all economists agree that we stop should minting pennies. It takes roughly two cents just to produce a penny. Therefore seventy millions of federal tax money goes to producing these pennies. Not to mention that most Americans either have their pennies stock up in a jar, or inside couches just sitting there. As a result, this makes pennies an economically inefficient currency for us Americans. Countries such as Canada, the Netherlands, and Australia have gotten rid of their pennies and their price ranges hasn’t increased. Although it is a small issue, this may help our economy and hopefully lead to a better future for America.

    Most Americans don’t want to get rid of the penny simply because it affects them emotionally. Everyone has had a time where they would stock up on coins to save up for a few bucks. Don’t fuss over if Lincoln is gone; he still has his spot on the five dollar bill. Subsequently, I don’t think he would his face on something that is worthless. In addition, it’s not a political issue. You and the people in Congress probably discussed more about political issues rather than this small dilemma. Despite it being a small issue, I think they may drastically impact American’s economy. The penny isn’t as efficient anymore due to inflation. We’re just spending money making them when it’s worthless and no one is using them. Most vending machines, parking meters, or anything that requires coins don’t accept pennies simply because they’re worthless. By and large, getting rid of pennies can help save time, resources, and essentially, millions to billions of dollars per year! Please consider this idea and notify Congress.

  • Just use the rounding rule.

    Pennies are worthless, and prices won't skyrocket without them. If we adopt Canada's rounding rule, we would round to the nearest 5 cents on all cash transactions. If you use a credit card, then the rounding rule won't apply. Of course, in some cases you win and some cases you lose, but a one or two cent difference isn't something to complain about. They cost too much to make, they waste people's time and are worth less every year due to inflation. Plus Lincoln won't go away. His five dollar bill and monument and contributions to our country aren't going anywhere.

  • No.

    Although a penny is pretty much worthless on its own, it would be impossible to give exact change without it. Pennies are necessary. If we got rid of the penny, we would need something else to replace it, which would be pointless.

  • Prices would increase

    For example, you buy a pack of baseball cards for $2.91, the average Joe would pay with three dollar bills. There is no possible way he couldn't get 4 pennies back in change. If there were no penny anymore, the price of that back of baseball cards would skyrocket to 3 bucks, a nine cent increase due to the government and economy of the dope Obama is in office, so even though it takes about two cents to make one cent, it is still better than the banishment of the penny.

  • They shouldn't because pennies are awesome!

    Pennies are an American tradition. Everybody loves throwing a penny into a fountain or a wishing well. Your kids will never know how that feels if they get rid of the penny. And who doesn't love a bright shiny new penny?! Also, pennies are a way of honoring Abe Lincoln.

  • Don't abolish the penny.

    Banning the penny would affect the poor. According to About.Com, the poor use the penny to make more frequent, smaller purchases. If we get rid of the penny, the poor would have to suffer even more because of the lack of pennies. Mark Weller, executive director of ACC, argues that the nickel would be used more often if the penny is taken out of circulation. This would make the nickel become the least used coin, because a nickel is five cents. It is then possible that the nickel would be taken away because it is used less than the other coins. All around the U.S., polls have been taken about abolishing the penny. More people want to keep the penny than abolish it . If we abolish it, many people would be pretty unhappy and, possibly, boycott.

  • No, if you save up pennies it adds up, and they are fun to collect too!!!!!

    I do not think we should get rid of the penny because it is valuable. Many people think that the penny is worth nothing but, if you keep the pennies you get over a lifetime they can add up to be a lot of money. A man even once paid off his mortgage with pennies! That is really cool. The last thing is that pennies can change some peoples lives because many people only donate pennies to charities and if they stopped making pennies people wouldn't donate to the homeless and the sick as often. Also if they get rid of pennies stores will have to round everything to a nickle and if you add that up it can be a lot of money. So now you can see that the penny is very valuable.

  • Abraham Lincoln was an important part of our history.

    The penny represents our 16th President. The penny may seem worthless but it's not. If you were to go to the store and you had no pennies and you had to pay $15.61 cents you would most likely pay $15.65 cents. The saying "a penny saved is a penny earned" is very relevant to this day. Eliminating the penny would hurt customers. It is a good coin.

  • Say no to letting pennies go!

    We should not get rid of the penny. It has a presidents face on it, it is still a U.S coin, you won't have the right amount of money to buy something. For example: say you wanted to buy some gum and it was 51 cents, but if you get rid of the penny you would not have the exact amount of change so you could not get the gum.

  • No, they should not get rid of the penny.

    If you are getting rid of the penny you are basically throwing money away. People have been collecting pennies for a long time and all that time would have just been a waste of time. The penny has been around for a long time and money is money. You don't want to have to round to the nearest nickel and pay more. The penny is a great coin because one cent is better than no money.

  • If we get rid of the penny, prices might go up.

    If we get rid of the penny, prices might go up. Stores would probably want more money so they will round up prices. Like if something was $35.71, they would round up the number to $35.75. And we do not want to throw away something that has honored Abraham Lincoln for a long time. "A penny saved is a penny earned" someone once said. If you go to the store every day and pay 15 cents more because the prices went up, in a year, you will lose $44.75!

  • Stop using old data, people.

    The melt value of a penny at the current makeup (97.5% zinc, 2.5% copper) is approximately half a cent. Pre-1982 pennies had a higher copper content and usually have a melt value of two to three cents. It's been a long time since the intrinsic value of a penny has been higher than the perceived value.

    Also, while individual pennies are of negligible worth, they add up. As it is, we get the benefit of the extra pennies. While merchants could easily adjust their prices to five-cent increments, the sales tax system would not be able to conform to that format, and the government would probably work that to their advantage. All those pennies add up more quickly than you might think. I want to be able to take my jar of change to the bank at the end of the month...and that includes my pennies.

    The fact that this is even a discussion is a huge testament to the amount of inflation the dollar has experienced.


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Anonymous says2013-03-02T05:17:12.173
Yes!!! I loved it so much and it was so wonderful
Anonymous says2013-03-02T05:17:48.413
I loved it so much!
Anonymous says2013-08-29T16:09:47.230
You people that agree with yes, you guys will have harder times in life. The way it is now is great so why change it.