It is considered “good luck” to find a penny on the sidewalk. However, today, many people consider it useless. Pennies are worth so little now that by taking five seconds to pick one up, you’re earning just $7.20 an hour – less than the federal minimum wage. Personally, I love those new shiny coins, and here is a great way to use them to create something gorgeous that looks chic but actually is not expensive. Please, SHARE this great idea.
You can create so many different decorative pieces with this technique: jewelry boxes, plates, bowls, even benches.
Today, there’s literally nothing you can buy with a single penny, and you can’t do much else with it either. Vending machines, public transportation and even parking meters don’t accept them. Even automatic toll booths won’t take them, except in Illinois (the home state of President Abraham Lincoln). If you try paying for something in a store with pennies, you are most likely to receive dirty looks from both the cashier and the other customers.
Representative Jim Kolbe of Arizona has twice introduced bills in Congress to eliminate the penny, and in February 2014, President Barack Obama argued during a YouTube chat that pennies were obsolete and a symbol of U.S. government waste.
Pennies today are worth almost nothing, but they still cost money to produce and consume vast quantities of natural resources. It takes energy to extract the zinc from the ore, to roll it out and stamp it into coins, and to transport the coins to banks. It costs 1.7 cents to make one cent. That means whenever the Mint produces a penny, it’s actually losing money. Dimes cost only $0.039 to make, so the Mint could produce more of those without losing money.
Besides all the above, pennies are bad for the environment. A penny contains 97% zinc, the copper surface of a penny accounts for only 2.5% of its content. Zinc itself is harmful in high doses to both humans and animals.