penny

The End of the Penny: Impact on the Economy, Prices, and Your Savings

by
The End of the Penny: Impact on the Economy, Prices, and Your Savings

The discussion of discontinuing the penny (1 cent coin) in America was going on for several decades. Recently the government decided that now the production of new pennies will be stopped. The biggest reason behind this decision is that the cost of making a penny had reached 3 cents, which was making it economically disadvantageous. … Read more

The Lincoln Wheat Penny Valued at $1 Million, Still in Circulation

by
The Lincoln Wheat Penny Valued at $1 Million, Still in Circulation

Well, referred to as one of the most renowned coins in American history, the Lincoln Wheat Penny is usually overlooked by most who consider it an ordinary penny, but shockingly some rare versions are worth millions. A special Lincoln Wheat Penny is worth $1 million, and some other such rare coins that have been in … Read more