{"id":29335,"date":"2025-06-01T14:40:19","date_gmt":"2025-06-01T14:40:19","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/faith-salie-offers-her-two-cents-on-the-end-of-the-penny\/"},"modified":"2025-06-01T14:40:19","modified_gmt":"2025-06-01T14:40:19","slug":"faith-salie-offers-her-two-cents-on-the-end-of-the-penny","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/faith-salie-offers-her-two-cents-on-the-end-of-the-penny\/","title":{"rendered":"Faith Salie offers her two cents on the end of the penny"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p>What is worthless, but priceless? Overlooked, but treasured? Ubiquitous, but ephemeral? <\/p>\n<p>What makes us stop in the street to transcend our pride and stoop to pick it up? <\/p>\n<p>It&#8217;s the humble, shiny, tiny penny.<\/p>\n<p>The Treasury announced <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/treasury-penny-mint-to-stop-making-pennies\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">it will cease making new pennies by early next year<\/a><\/span>. Will they disappear immediately? No. But like so many things in our lives \u2013 reliably snowy winters, face-to-face conversations, books whose pages we can <em>turn<\/em> \u2013 pennies are fading away.\u00a0<\/p>\n<p>Before you shrug me off as a sentimental fool old enough to remember visiting <a href=\"https:\/\/www.tripadvisor.com\/Attraction_Review-g41492-d7185450-Reviews-1856_Country_Store-Centerville_Cape_Cod_Massachusetts.html\" target=\"_blank\" rel=\"nofollow noopener\">the penny candy store on Cape Cod<\/a>, I do understand that pennies are <a href=\"https:\/\/mcclain.house.gov\/press-releases?id=F5AD3C4A-B5AC-4320-8CE3-830D399917D4\" target=\"_blank\" rel=\"nofollow noopener\">&#8220;outdated&#8221; and &#8220;inefficient.&#8221;<\/a>\u00a0The government spends about 3.7 cents to make 1 penny. That&#8217;s a loss of $85 million last year alone. And around half of us don&#8217;t even carry cash anymore. I don&#8217;t think the Tooth Fairy believes in pennies nowadays. So, canceling them makes &#8220;cents.&#8221;<\/p>\n<p>But in a world where it seems like everyone&#8217;s looking down, a penny can remind us things might be looking up &#8230; you know, pennies from heaven? <\/p>\n<p>You know who was on the first penny in 1792? A woman! It was deemed un-American back then to depict a ruler on a coin, so pennies featured Lady Liberty. <\/p>\n<figure class=\"embed embed--type-image is-image embed--float-none embed--size-medium\">\n<p>      <span class=\"img embed__content\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/05\/31\/786b479b-8f18-492d-a21e-19bd0ef5dc4b\/thumbnail\/620x310\/ab0906caeb384c12f4eaf751cc41c628\/1793-penny-with-lady-liberty-us-mint.jpg?v=15603985a4508c8e7bc83d8e4e73c5d0#\" alt=\"1793-penny-with-lady-liberty-us-mint.jpg \" height=\"310\" width=\"620\" class=\" lazyload\" srcset=\"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/05\/31\/786b479b-8f18-492d-a21e-19bd0ef5dc4b\/thumbnail\/620x310\/ab0906caeb384c12f4eaf751cc41c628\/1793-penny-with-lady-liberty-us-mint.jpg?v=15603985a4508c8e7bc83d8e4e73c5d0 1x, https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/05\/31\/786b479b-8f18-492d-a21e-19bd0ef5dc4b\/thumbnail\/1240x620\/8dff84f998b326489aee60d1bed17fbb\/1793-penny-with-lady-liberty-us-mint.jpg?v=15603985a4508c8e7bc83d8e4e73c5d0 2x\" loading=\"lazy\"\/><\/span><figcaption class=\"embed__caption-container\">\n<p>                  <span class=\"embed__caption\">A 1793 &#8220;flowing hair&#8221; penny with Lady Liberty.<\/span><\/p>\n<p>                  <span class=\"embed__credit\"><\/p>\n<p>                U.S. Mint<\/p>\n<p>                          <\/span><br \/>\n              <\/figcaption><\/figure>\n<p>It wasn&#8217;t until 1909 that President Lincoln&#8217;s face graced the coin. His iconic profile was designed by a Lithuanian-born Jewish immigrant, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Victor_David_Brenner\" target=\"_blank\" rel=\"nofollow noopener\">Victor David Brenner<\/a>, who created what&#8217;s thought to be the most reproduced piece of art in history.<\/p>\n<p>1943 pennies were made of zinc-coated steel, because copper was needed for World War II. <\/p>\n<p>Should we just throw that history away? Well, yes! As long as we imbue each toss with our wishes.<\/p>\n<p>&#8220;A penny for your thoughts&#8221; was coined nearly 500 years ago by Sir Thomas More, back when offering someone a penny meant their musings were really worth something. <\/p>\n<p>These are just my two cents, but &#8230; nobody throws a <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/bitcoin-atm-scams-ftc-cryptcurrency-fraud\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">bitcoin<\/a><\/span> into a fountain. <\/p>\n<p>Call me a numismatic nostalgic, but in a world full of crypto and virtuality, I&#8217;ll keep my eyes peeled for the tarnished, tangible, inefficient promise of luck.<\/p>\n<p><strong>\u00a0 \u00a0 \u00a0\u00a0<br \/>For more info:<\/strong><\/p>\n<p><em>\u00a0 \u00a0 \u00a0 \u00a0<br \/>Story produced by Liza Monasebian. Editor: Ed Givnish.\u00a0<\/em><\/p>\n<p><strong>\u00a0 \u00a0 \u00a0\u00a0<br \/>See also:\u00a0<\/strong><\/p>\n<figure class=\"embed embed--type-video embed--type-content_video is-video embed--float-left embed--size-medium\"><figcaption class=\"embed__caption-container\">\n                              <a href=\"https:\/\/www.cbsnews.com\/video\/the-history-of-the-penny\/\" class=\"embed__headline-link\" data-invalid-url-rewritten-http=\"\"><\/p>\n<p>          <span class=\"embed__icon\"><br \/>\n            <svg viewbox=\"0 0 32 32\" aria-hidden=\"true\">\n              <use xlink:href=\"#icon-video\"\/>\n            <\/svg><br \/>\n          <\/span><\/p>\n<p>          <span class=\"embed__headline\">The history of the penny<\/span><\/p>\n<p>          <span class=\"embed__video-duration\">04:25<\/span><\/p>\n<p>                      <\/a><\/p>\n<\/figcaption><\/figure>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n        <\/aside>\n<p>    <!-- tags --><\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/faith-salie-offers-her-two-cents-on-the-end-of-the-penny\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is worthless, but priceless? Overlooked, but treasured? Ubiquitous, but ephemeral? What makes us stop in the street to transcend<\/p>\n","protected":false},"author":1,"featured_media":29336,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-29335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Faith Salie offers her two cents on the end of the penny - World News<\/title>\n<meta name=\"description\" content=\"The U.S. Treasury announced that, by early next year, it will cease making new pennies, which cost almost four times to make what they are actually worth. But Faith Salie says that, while phasing out the one-cent coin might make sense, its loss is more than what we can calculate.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/site.itshrt.com\/worldnews\/faith-salie-offers-her-two-cents-on-the-end-of-the-penny\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Faith Salie offers her two cents on the end of the penny - World News\" \/>\n<meta property=\"og:description\" content=\"The U.S. Treasury announced that, by early next year, it will cease making new pennies, which cost almost four times to make what they are actually worth. 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