By Steve Haynes, Nor'West Newspapers
Why on earth do we still make and use the copper penny?This tiny coin costs nearly twice as much to make as it’s worth, but the mint keeps cranking them out. It made 8.4 billion of them in 2017 at a cost of 1.82 cents each, and an estimated 150 billion of the little guys are in circulation today.That figures to a cost of $152.9 million – and a straight-out cash loss of about $84 million. Some will say that’s just how the government does business. If Gener...
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