Sunday, July 02, 2006

Retire the Penny

There has been more interest in retiring the U.S. penny, with copper prices costing the mint 1.2 cents to make it. There is a website Citizens for Retiring the Penny, which links to Jim Kolbe's bill that seeks to phase out the penny. I think we could find a way to honor Abe Lincoln's face on a coin and the sentimentality of penny candy that seems to be important to folks I respect, but am personally ready to move on. I've been in favor of retiring the penny for years, but am now considering hoarding them and all my scrap copper wire for recycling at a profit.

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