From the category archives:

penny

Have a problem with too many leftover coins (yeah, you could have worse problems)?  Too lazy to roll up your coins and deposit them in a bank account? Or do you toss aside your coins because they’re so heavy to carry around, and then find yourself breaking bills all the time just to get a [...]

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Let’s say you earn $1,000 per paycheck – you want to have all $1,000 of that, don’t you?  But unless you use a debit or credit card to make your purchases, cash payments mean you’re going to be left over with a bunch of coins.  Many of these will be pennies, and who pays attention [...]

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Here’s another example of inflation.  When the coins are worth more for their metal value than they are worth as money.  It’s already happened with the US pennies produced from 1909-1982. They’re made of 95% copper and worth 117% more than “one cent.”  Check it out here.
Needless to say, pennies made after 1982 have been [...]

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