Benefits Of Banning The Penny

277 Words2 Pages
We should not ban the penny I think we should not ban the penny charities rely on pennies they keep the cost low and they honor Lincoln and out of all the benefits of penny's people still want to ban them. We should not get rid of the penny because Charities rely on them.They can collect the pennies.They are unwanted by many people so they might give them away.They aren't worth much that might also cause people to give. They keep costs low because they are only 1 cent. All cash transactions will have to be rounded off to the nearest nickel.The nickel would cost more to produce. According to wall street journal the cost to make a nickel is 8 cents.But it only takes 1.7 cents to make a penny “While many people are aware that it costs more