Blogs ·  Liveblogs ·  Capture Kansas ·  Widgets ·  13 On Your Cell ·  Desktop Alert ·  In the Community ·  My Rewards
Home  ·   Local  ·   U.S. & World  ·   Weather  ·   Sports  ·   Political  ·   Money/Stocks  ·   Blogs  ·   Meet the Team  ·   Jobs  ·  
Mr. Food Recipes · KS Prep Zone · Shopping Plaza · Classifieds · Coupons · Programming · 13 On Your Cell
The Price of a PennyWIBW Blog Listing
The Price of a Penny
Topic Author: Melissa Brunner
Posted: 11:16 AM May 7, 2008
Replies Posted: 3 comments
Save Email Print
 del.icio.us   Google   Yahoo  digg
Recent Blog Topics
Parades and Politics
SSG 10k Training Log: I Run Because....
Ummmm....What just moved in that drawer?
Going Once... Going Twice... Sold!
Country Stampede Fun without the Music!
SSG 10k Training Log: On the Surface
Post Your Comments
First Name:
Email (optional):
Location:
Enter Comments:  
   characters left
Email will not be displayed on site. For station contact purpose only.

The Price of a Penny

Turns out those pennies are more valuable than you think! With the surging prices of copper, zine and nickel, the Associated Press reports that, as of Tuesday, it cost 1.26 cents to make a penny. Nickels are also more valuable than the five cents the store will give you credit for - they cost 7.7 cents to make. Seems a penny is 97.5 percent zinc, and prices for zinc have quadrupled since 2003. The other 2.5 percent is copper, which also makes up 75 percent of a nickel, and copper prices have tripled in that same time frame. Congress is considering adding more steel to the mix to bring down the cost, but meantime, what should we do? I was thinking about taking my pennies and nickels to the store and asking them to give me their actual market value, but somehow, I don't think that will fly!

Read Comments
Posted by: joe Location: overbrook
maybe congress should look into stop making coins and round everything up or down like they do on are taxes just think of all the money they could save by not making coins and applying the saving to the national debt

Posted by: RS Only in America would it cost more to make a coin than it's face value is worth. It doesn't make "cents" does it? I absolutely hate pennies and stores that set prices so that it requires them to give you back a pocket full of them at the register.

RESPONSE: And doesn't always seem whenever you need a penny, you discover you must have just used your last one?!


Posted by: Anonymous Location: topeka
cool, I have a bunch of the old wheat pennies. I think I'll hold on to them a little longer

RESPONSE: Love looking for wheat pennies! My husband doesn't let me hand over any coins without first looking at them for age and other features!