us mint

Canada Does Away With Penny; America To Follow?
Canada Does Away With Penny; America To Follow?
Canada Does Away With Penny; America To Follow?
According to reports, the Canadian penny costs 1.6 cents to produce, prompting the Canadian Government to cut funding for production of the coin, beginning this year. Now get this: the American penny costs 2.4 cents to mint, almost 2 1/2 times the value of the coin...