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February 5
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Open Penny by WurdBendur Open Penny by WurdBendur
U.S. pennies currently cost 1.83 cents to mint. Last year, the U.S. lost $55,000,000 in profitability due to the manufacture cost of pennies. The solution is simple and obvious: We should stop making pennies. They are virtually worthless, and there are more than enough in circulation already. But Americans have a pathological attachment to pennies and anything with the face of Lincoln, so getting rid of them is not a popular idea. So here's an idea I had. If we're going to keep making them, we should waste less material.

I suppose you could also interpret the hollow silhouette of Lincoln as a symbolic representation of the loss of traditional something something art.

It doesn't look very nice because I threw it together in about an hour, based on an image from Wikipedia. There's also the issue of the portrait taking up the back as well, which requires a medal turn instead of a coin turn like every other American coin. Oh well. It's an idea.
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:iconsiochanna:
Siochanna Featured By Owner Feb 6, 2014   Photographer
Fifty five thousand dollars just isn't a big deal.  Our budget deficit may fall to just over five hundred billion dollars, which would be a seven year low  (ref: www.bloomberg.com/news/2014-02… ).  So, not really a lot of outrage at the penny. 

And they're not such awful little coins, afterall.  I collect them. 
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:iconwurdbendur:
WurdBendur Featured By Owner Feb 6, 2014
You're right that it's a relatively small amount. But the thing is that it's totally unnecessary, and not at all political, which should make it easy to solve, whether that means getting rid of pennies or just changing them.

I don't really hate pennies, though. But we already have more than we need sitting around in people's coin jars, and it's pointless to continue making more coins that barely get circulated. But if we do keep making them (which we will), I see no reason not to do so in a more cost-effective way, as we should for anything.
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:iconsiochanna:
Siochanna Featured By Owner Feb 7, 2014   Photographer
Actually, come to think of it, you might get some traction with Tea Party guys.  They care about the budget, and unlike most people they actually take the time to vote in primaries. 
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:iconsiochanna:
Siochanna Featured By Owner Feb 7, 2014   Photographer
I just don't think you'll get a lot of movement on something that small. 

But if you want to go after this, I say elliminate them altogether.  I've got a lot of pennies, and they'll totally explode in value :icontrollmemeplz:
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:iconsiontix:
Siontix Featured By Owner Feb 5, 2014

The problem I've found with the penny, is that no one wants them anyways. You find pennies everywhere. I probably see pennies on the streets on a daily basis, because no one likes having that extra change bouncing around in their pockets.

 

I never keep my pennies, I usually just put them in the 1 cent charity boxes most gas stations have in my area. I just can't think of any circumstances where I've needed a penny to afford something.

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:iconwurdbendur:
WurdBendur Featured By Owner Feb 5, 2014
Yeah, they really are worthless. And even if you keep them, they're hard to spend. You're right that nobody seems to want them, which is why it seems so strange to me that there isn't more serious consideration for stopping production of new ones.
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