Question:

Why does America still have one cent coins when they are nearly worthless nowadays?

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Why does America still have one cent coins when they are nearly worthless nowadays?

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5 ANSWERS


  1. Look at how items are priced in the stores here. Does it make sense to price an item like this : $1.99...$1.59 etc




  2. I think what will ultimately end penny production and use is when no material to make a decently sturdy coin is less expensive than the penny it would yield.  

    It already happened once with pennies about 10-15yrs back - they had to change the metal compound that constituted the coin - it was costing nearly 2 cents to make a penny.

  3. They make good washers if you drill a hole through the middle.

  4. Put two or three dollar's worth in an old tube sock and they make a great weapon.  

  5. Sentimentality.

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