Sunday, July 02, 2006

Pity the poor penny!

It packs so little value that merry kids chuck
pennies into the fountain near the candy store,
just to watch them splash and sink.
Stray pennies turn up everywhere: in streets,
cars, sofas, beaches, even landfills with the
rest of the garbage.

A penny bought a loaf of bread in early America,
but it's a loafer of a coin in an age of inflation
and affluence, slowly sliding into monetary

For the first time, the U.S. Mint has said pennies
are costing more than 1 cent to make this year,
thanks to higher metal prices. "The penny is
going to disappear soon unless something
changes in the economics of commodities,"
says Robert Hoge, an expert on North American
coins at The American Numismatic Society.

Read this article at Yahoo

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