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There’s still time to put in your 2 cents worth to save the penny.
The days may be numbered for the half dollar, and the silver dollar may be in for a squeeze. But the penny—as old as the nation itself—can still be saved from extinction.
The penny-pinchers in the Treasury Department are taking aim at it because before long it will cost more to make one than it’s worth. When that happens, the penny will have to go. Or it will have to be made out of something cheaper.
Not Worth A Red Cent
A penny was often called a “copper” a hundred years or more ago. In fact, it is 95 per cent copper and 5 per cent zinc, and it is worth about two-thirds of a cent.
But by about 1982 a penny
94.9%