Penny Problem: Not Worth Metal It's Made Of

The saying goes, "See a penny, pick it up, all day long you'll have good luck." But these days, the penny itself isn't having much luck. Not only is there nothing you can buy with a penny, it's literally not worth the metal it's made of. With the rising cost of metals like copper and zinc, that one red cent is literally putting us in the red. "It costs almost 1.7 cents to make a penny," said U.S. Mint director Ed Moy. Each year, the U.S. Mint makes 8 billion pennies, at a cost of $130...Full Story
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