In order to provide the best user experience, we had to abandon support for Internet Explorer versions prior to IE9. Upgrade your browser.

Article 2 (Feb 2018): Getting Rid of the Penny

February 23, 2018
Eliminating the penny from circulation would save everyone time and money, according to the Brookings Institute.  As recently as the 1940s a penny had the purchasing power of about 66 cents in today's money and allowed stores to price a lot of cheap goods at that denomination. Fast forward to the year 2018 and almost nothing can be bought for a penny.  They take up space in registers and pockets and create unnecessary wastes of time in the checkout line.
More egregious is that pennies currently cost about two cents to make at today's costs, so the government and taxpayers are effectively losing money with every minted coin.
International: 856-762-0172
Domestic: 800-822-9190

Repco Quick Contact

If you do not see what you need, please let us know what it is and we''ll do our best to help you.

First name required.
Last name required.
Company required.
Valid email required.
Phone number required.
Send your inquiry now and we will respond promptly.
Interest is in general information for pagename=articles/Article_2__Feb_2018___Getting_Rid_of_the_Penny
Comment required.

Site Search

OEM, Product, Repco ID #s or Terms