An Explanation Why Pennies Still Exist in the US

Vox explains why pennies still exist in the United States, even though they are basically worthless.

Pennies may hold sentimental value to Americans, but they are basically useless. It is not uncommon for people to leave them in a loose-change container when receiving money after a transaction. Americans for Common Cents, a pro penny group in Washington DC, is fighting to keep the penny in circulation. They are backed by Jarden Zinc Products, a company that sells the zinc-based coin blanks to the US Mint.

Scott Beale
Scott Beale

Scott Beale founded Laughing Squid in 1995 in San Francisco and is currently based in New York City. When not running the blog, Scott can be found posting on Threads and sharing photos on Instagram.