Faith Salie offers her two cents on the end of the penny

In a world where everything seems to have a price tag, there is one item that is deemed worthless yet priceless, overlooked yet treasured, ubiquitous yet ephemeral. That item is the humble penny.

The Treasury recently announced that new pennies will no longer be produced by early next year. This decision marks the slow disappearance of a coin that has been a part of our daily lives for centuries. While it may seem like a logical move due to the inefficiency and cost associated with producing pennies, it also signals the end of an era.

Pennies hold a special place in history. Did you know that the first penny in 1792 featured Lady Liberty? It wasn’t until 1909 that President Lincoln’s face graced the coin, thanks to the iconic design by Victor David Brenner, a Lithuanian-born Jewish immigrant. Even during World War II, pennies were made of zinc-coated steel to conserve copper for the war effort.

But why should we hold on to a coin that seems outdated and inefficient? Perhaps because of the symbolism it carries. The phrase “a penny for your thoughts” dates back nearly 500 years, signifying that one’s thoughts and musings are valuable. In a world dominated by digital currencies like Bitcoin, the tangible nature of a penny reminds us of a simpler time.

While it may be tempting to discard pennies as a thing of the past, there is something magical about tossing a penny into a fountain and making a wish. In a society where everything is virtual and intangible, the physical act of holding a penny in your hand can bring a sense of nostalgia and connection to the past.

As we move towards a cashless society, the disappearance of the penny may seem inevitable. But for those who still believe in the power of a lucky penny or the charm of a simple gesture, the humble coin will always hold a special place in our hearts.

So, the next time you see a penny on the ground, don’t just pass it by. Pick it up, make a wish, and hold on to the tradition that has been passed down for generations. Because in a world full of uncertainty, a penny can still bring a glimmer of hope and a touch of luck.

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Story produced by Liza Monasebian. Editor: Ed Givnish.

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