Monday, 28 September 2020

Get Smart

The Coin Shortage: Fact or Fiction?

Some people have strong feelings about the penny. And others think it should just go the way of the silver half dollar – a seldom seen sentimental coin that is largely passed on from a grandparent to a grandchild to evoke the “good old days.” The penny, as annoying as it is, has been an important coin in a world where prices often end in .99, and more important when most people paid in cash. However, a penny, because of inflation, costs two cents to make, which makes its demise more likely than the silver half dollar.

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