US EditionThe US penny costs nearly 4 cents to make. But for one sector of souvenir sellers, it’s a living
- President Donald Trump ordered the Treasury Department to stop making pennies, stating it costs almost 4 cents to produce one penny.
- Critics believe stopping penny production would have little impact due to the rise of electronic commerce and a surplus of pennies in circulation.
- Supporters like Aaron Zablow argue that pennies are vital for the economy and expressed hope to keep them despite concerns over their future.
- Joseph Menna, the Chief Engraver of the United States Mint, mentioned pride in having his initials on the penny, highlighting its importance in American culture.
29 Articles
29 Articles
San Diego Union Tribune
The US penny costs nearly 4 cents to make. But for one sector of souvenir sellers, it’s a living
By MICHAEL WEISSENSTEIN and JOSEPH B. FREDERICK NEW YORK (AP) — President Donald Trump talks of big change in his second term of office. But he’s not forgetting small change, either. Trump ordered the Treasury Department to stop making pennies with a Feb. 10 sentence on his social media account that followed years of conservatives pointing out that putting a copper-coated zinc disc in your pocket costs the government more than a cent — almost 4 …
US penny costs nearly 4 cents to make
NEW YORK — Donald Trump talks of big change in his second term of office. But he’s not forgetting small change, either. Trump ordered the Treasury Department to stop making pennies with a Feb. 10 sentence on his social media account that followed years of conservatives pointing out that putting a copper-coated zinc disc in
U.S. penny costs nearly 4 cents to make, but for one sector of souvenir sellers, it's a living
A little-known world that depends on buying pennies wholesale, loading them into machines and persuading parents to feed a few dollars into machines that stamp designs on the pennies as they are stretched between metal rollers at fun fairs.
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