That doesn’t quite have the ring of “a penny for your thoughts”, does it? Will we be saying “A Starbucks saved, a Starbucks earned” in the future?
The American penny died last week in Philadelphia. It was 232 years old.
The cause was irrelevance and expensiveness, the Treasury Department said.
Nothing could be bought any more with a penny, not even penny candy. Moreover, the cost to mint the penny had risen to more than 3 cents, a financial absurdity that doomed the coin.
The final pennies
were minted in Philadelphia. Top Treasury officials were on hand for its final journey. No last words were recorded.
In its heyday, the penny had immense cultural impact. It was the going rate for thoughts. It was a symbol of frugality, saved and/or earned. It could sometimes be pretty and other times arrive from heaven. And how many ideas would never have come to light without a penny dropping?
For extra credit, what building is shown on the back of a penny?
Courtesy NY Times , Clipart, and PngTree.
The Historical Society of Sarasota County 