Anne Barry
๐ค SpeakerAppearances Over Time
Podcast Appearances
pennies due to its cost of production, because the irony is it costs about four cents to make one cent.
Now, there was a time when pennies were valuable enough to buy penny candy like gumballs or feed parking meters and tall booths.
Now they're found mostly at the bottom of water fountains, coin jars, or just lost underneath car seats.
Well, even though we've stopped making pennies, they are still legal tender.
But the removal from circulation is causing a headache for some retailers on figuring out what to do if they actually have to give exact change.
Lots of things, by the way, are priced at like $4.99 just to be below that dollar mark.
So do they round to the nearest nickel?
Do they ask customers to pay with a credit card?
In any case, the government's phasing out of the penny has been a bit, quote, chaotic.
That's Mark Weller, executive director of Americans for Common Sense.
Great name, by the way.
Toby, will you be missing our little copper-plated friend?
I do wonder, when is the moment when these pennies become collectibles, right?
Because they're so rare.
Start collecting.
Start hoarding.
But literally before, I was talking to our producer, Ray, before we started filming, he said there's going to be a day where people are diving into fountains.
Yeah, I actually thought this had happened already.
I blink and I miss it.
I will say, though, my grandmother in the UK, she flies on Ryanair, and I worry for her because there is absolutely no way she's going to be downloading her mobile boarding pass.