No, the reliance on the penny is deeper rooted then sentimental value. Everyday stocks are traded worldwide and changes in penny values can mean thousands or even millions of dollars in profit or loss. The penny mark cannot be done away with. It never will. They may change the penny to steel but .01 is an important number economically.
they still make pennies
The last year for wheat pennies was 1958.
Yes, in May 2012.
they stoper making it in 1958
Not really, as there are billions of them already in circulation.
The last year for wheat pennies was 1958.
Due to the rising price of copper, pennies were worth more than face value.
Not any time soon. There are billions of them in circulation.
1943-45
Because it costs more than a penny to produce a penny.
Pennies were never PURE copper. Those made before 1982 were 95% copper with 5% zinc (or zinc with tin in older ones).
they werent silver. they are refered to as steel pennies, and they were issued for several years during the war because the government need the copper for ammunition and other war related things, so they quit making pennies from copper