The penny, serving as the United States' lowest denomination, should not be abolished. Pennies are often ignored, or regarded as inconsequential in the grand scheme of life. However, considering the ties between the public's perception of currency and their confidence in the American economic system, it is clear that the penny is indispensable. It is both a vital part of economic transactions and a reminder of American history.
The penny represents the metaphorical golden age of the United States. The Lincoln administration, now forever memorialized by the penny, was one of the most positively influential to date. Michael Bishop, director of the Lincoln Bicentennial Commission, feels so passionately about the importance of the penny that he claims it is "the most visible and tangible reminder of Lincoln's significance in American history." (Source F). These patriotic feelings towards the penny can surely save our beloved coin. However, William Safire of the NY Times does not appreciate the penny, calling it worthless and wasteful. He also argues that Lincoln himself would be ashamed to have his face on the coin. Safire concludes by saying that the Americans will be the
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The penny is the U.S.'s lowest denomination coin, and is used diligently in economic transactions. The penny is so popularly used, in fact, that the European Union adopted "a one-cent euro coin or 'euro penny'" (Source D). The ratification of the euro penny only endorses the use of the American penny. This runs counter to Source A's argument, which claims that "the penny is practically useless in everyday life"(Source A). Clearly not, if the European Union is adopting its own smaller coin. Furthermore, the penny enjoys similar popularity to all other coins, with the majority of adults opposing its abolition (according to source E). The penny has an important function throughout the United States' economic