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Because it costs more than a penny to produce a penny.

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15y ago
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Q: Why does the us mint want to stop making pennies?
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Are wheat pennies worth more than regular ones?

In most some cases, no. They are worth their face value of one cent unless they were minted from a rare lot. 1943 wheat pennies are somewhat rare because they are made of steel as an emergency wartime measure, to save the copper for radio wires. Some other wheat pennies have value if they are in good condition. An honest coin collector can tell you, but even if yours are not valuable you can still hold onto them for luck. There are some people who want to stop making pennies altogether, in which case their value will probably increase someday.CorrectionsIt's not that simple. Some wheat cents from the 1920s and earlier can be worth considerable amounts of money depending on their date, mint mark, and condition while others can be quite inexpensive. For example, retail prices for a worn 1924 cent without a mint mark might be 10 to 15 cents, the same date with a D (Denver) mint mark could sell for $20! Also, copper was removed from cents in 1943 because it was needed for bullets and shell casings, not radio wires.And finally, wheat cents were "regular" cents for fifty years because that was the only design minted from mid-1909 till the end of 1958.


Why do you want to be a hairdresser?

In order to want to be a professional hairdresser, you will need to love working with hair. You also will need to love interacting with customers and making small talk!


Why would businesses skip the fifth step of the decision making model?

because they just want the money


What does the D and the E mean on a penny?

A "D" under the date means a Lincoln cent was struck in Denver. No letter means it was struck in Philadelphia(*). Older cents (1909-55 and 1968-73 may have an S, indicating they were made in San Francisco. The US never used "E" as a mint mark. Please check again with a small magnifying glass. (*) Even though all other coins made in Philadelphia since 1980 carry a "P" mint mark, the Mint decided that cents from Philly would continue to be struck without mint marks. The reason at the time was that demand for cents was so high (>14 billion a year) that the 2 major mints sometimes couldn't keep up with demand. The smaller mints in San Francisco and/or West Point would occasionally be called on to strike extra cents. However these "helper" runs produced comparatively fewer coins and the Mint didn't want to create instant rarities.


What was the cause of the Confederate leaders persuaded most southern planters to stop exporting cotton?

Because of the blockade the Union troops forced on the Southern ports. They did not want to risk the goods they were shipping to be destoryed.

Related questions

Where can you buy a pennies enlargement product?

Why would you want to make pennies any biger? They're not worth any more by making them bigger, they're still only a penny


How many pennies to make 1000?

1000 pennies = 1000 pennies. Or what do you want to convert it to?


How much money is 23 pounds of penny's if each of my penny's weigh 3.11 grams?

The question is ambiguous.Is 23 pounds the value of the pennies and you want the weightoris 23 pounds the weight of the pennies and you want the value?The question is ambiguous.Is 23 pounds the value of the pennies and you want the weightoris 23 pounds the weight of the pennies and you want the value?The question is ambiguous.Is 23 pounds the value of the pennies and you want the weightoris 23 pounds the weight of the pennies and you want the value?The question is ambiguous.Is 23 pounds the value of the pennies and you want the weightoris 23 pounds the weight of the pennies and you want the value?


What made people want to stop making Harry Potter movies?

Jk Rowling stoped making books


What happened to Kraft yellow mustard?

I can't find it anywhere did Kraft stop making it? I want to start making it my self.


When adults want kids to stop making noise they might tell them to cut out that what?

Racket


Why are your friends making fun of your body?

The number one reason why is because they want to have your body they are jealous. to stop it tell them you feel uncomfortable and if they don't stop you don't want to be friends.


Are pennies with an S or D worth more?

The "S" and the "D" are called mint marks which identify which US Mint produced the coin. Coins with no mint mark prior to 1980 were minted at Philadelphia. Just having an "S" or a "D" mint mark does not mean the coin is worth more. The value of a coin is generally determined by the demand collectors and investors have for the coin. The more people who want to own it, the more it is worth.


How many dollars equal to 1 million pennies?

$10,000why you would want 10K in pennies though is another matter....50 pennies to a roll...that's 20,000 rolls...


How do you get popular kids to stop making fun of you without making them think you're even more of a geek?

Well you don't tell them to stop. you try and become better then them by proving something about them that they know is true but they dont want to admit, like how insecure they are for making fun of you.


Are wheat pennies worth more than regular ones?

In most some cases, no. They are worth their face value of one cent unless they were minted from a rare lot. 1943 wheat pennies are somewhat rare because they are made of steel as an emergency wartime measure, to save the copper for radio wires. Some other wheat pennies have value if they are in good condition. An honest coin collector can tell you, but even if yours are not valuable you can still hold onto them for luck. There are some people who want to stop making pennies altogether, in which case their value will probably increase someday.CorrectionsIt's not that simple. Some wheat cents from the 1920s and earlier can be worth considerable amounts of money depending on their date, mint mark, and condition while others can be quite inexpensive. For example, retail prices for a worn 1924 cent without a mint mark might be 10 to 15 cents, the same date with a D (Denver) mint mark could sell for $20! Also, copper was removed from cents in 1943 because it was needed for bullets and shell casings, not radio wires.And finally, wheat cents were "regular" cents for fifty years because that was the only design minted from mid-1909 till the end of 1958.


Linda evans had a perfume out called foreverkrystal you cant find it in stores did they stop making it?

I want to buy foreverkrystal