R.I.P. U.S. Penny

[Vagabond]

U.S. Mint Presses Final Penny After More Than 200 Years

A long decline into irrelevance ended on Wednesday in Philadelphia.

www.nytimes.com

The American penny died on Wednesday in Philadelphia. It was 232.

The cause was irrelevance and expensiveness, the Treasury Department said.

Nothing could be bought any more with a penny, not even penny candy. Moreover, the cost to mint the penny had risen to more than 3 cents, a financial absurdity that doomed the coin.

"A nickel saved is a nickel earned" and ""Love is like a magic nickel / Lend it, spend it, give it away / It comes right back to you" do not have the same ring to them.

 

[Taso]

U.S. Mint Presses Final Penny After More Than 200 Years

A long decline into irrelevance ended on Wednesday in Philadelphia.

www.nytimes.com

"A nickel saved is a nickel earned" and ""Love is like a magic nickel / Lend it, spend it, give it away / It comes right back to you" do not have the same ring to them.

I love Malvina Reynolds' Magic Penny song. My goodness, for her sake I am glad she isnt around for this era we are in, but I would love to know what songs she would've written in response to it.

 

[emason]

Everyone in my family saves pennies; I have a sentimental attachment to them.

My grandfather saved pennies in a galvanized bucket; when I was born the bucket and pennies reportedly weighed 40 lbs. My grandfather took the bucket of unwrapped pennies to the bank and cashed them in; it was enough to buy me a baby carriage.

 

[MacMadame]

Farewell, penny. I will not miss you!