Wednesday, July 9, 2025

Saving the taxpayer by stopping the penny

What No One Says About Ending the Penny

Not to worry, intrepid readers! I've decided to dive into the weeds and figure out if the government is wasting money by making money*

What seems to have been completely lost in discussions of ending the manufacture of the penny (and the nickel, which is an even bigger money-loser) is...all the other coins the Mint produces every year.

Image of uncirculated coin set from
U.S. Mint website https://www.usmint.gov/uncirculated-coin-set-2024-24RJ.html