Watch This — Why the Penny Must Die

Advertising Disclosure: When you buy something by clicking links on our site, we may earn a small commission, but it never affects the products or services we recommend.

Aperture51 /

The history of the U.S. penny dates back to 1792, making the little copper coin 225 years old. But some people believe it’s time to put the penny out to pasture. After all, it costs the U.S. Mint 1.8 cents to make one penny.

Do the math: Something is wrong with that picture.

Proponents of killing the penny point to other reasons why the coin is bad for the U.S. and its citizens. To learn more, check out CGP Grey’s video that explains the pros and cons of the penny.

OK, it’s pretty much all cons, but you get the picture.

What do you think of the idea of killing the penny? A penny for your thoughts: Share them by commenting below or on our Facebook page.

Get smarter with your money!

Want the best money-news and tips to help you make more and spend less? Then sign up for the free Money Talks Newsletter to receive daily updates of personal finance news and advice, delivered straight to your inbox. Sign up for our free newsletter today.