this post was submitted on 03 Apr 2025
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Those 3 pennies cost ~12 cents to make.
And stay in circulation for sixty years evidently. I’d say we got our money’s worth.
Oh I wasn't making a comment on the value. I just think it's funny that it costs more than a penny to make a penny.
I'm no expert coin collector, but I do call myself paying a little attention here and there.
Sure, the pennies might only be worth face value at places right now, they might be worth way more in years to come...
Middle penny appears to me MS-67 grade, which basically means it's hardly been in circulation, and barely has any wear on it.
Hell, even the back side of the middle penny still has rigid steps on it. According to my research, it's worth more dollars than I would have expected.
That's actually interesting. I probably have some low circulation coins in my coin jar. How much are they worth?
I am most definitely not an expert, I've just collected what's crossed my way over the ~~years~~ decades..
Though I'm no expert, I'm not coin stupid either.
You flick the coin fast enough, if it's a good coin, it'll ring..
Well now I'm even more interested in pennies...
https://coins.thefuntimesguide.com/valuable-pennies/
Who do so many people think that matters at all? It's not like they are consumable.
I didn't even state any opinion. I literally just said shared a fact I find entertaining. Chill out.
Apologies, that wasn't specifically aimed at you. Many people seem to use the manufacturing cost vs the face value of a penny as a reason to eliminate it. Those were the people that I was aiming the question at.
I mean I do think that given where inflation is at (and heading) that perhaps the penny and nickel don't need to really be made anymore, but I also know that many people love coins.
Realistically we could just stop buying washers at 10k a pop for our military and then we could afford to make coins forever, but that's a different conversation about government spending...