Why do we still have pennies? They cost more to make than they’re worth!
I’ve often wondered about the penny debate. It’s a puzzle that we keep making these small coins. The U.S. Mint has been losing money on penny production for almost 20 years. In 2023, it cost 3 cents to make a penny. That’s more than the penny is worth! Nickels are even more expensive, costing 11.5…