Daily News Article - December 16, 2014
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1. a) How has the cost to make a penny changed in the last few years?
b) Why can’t the U.S. Mint reduce the cost to make the penny to below face value?
2. How is the government still making money on coin production if it costs more than the value to make pennies and nickels? Be specific.
3. a) What order did Congress give the Mint in 2010?
b) What options has the Mint considered to further comply with Congress?
4. Why are some groups opposed to the idea of changing the metallic content of coins - who are these groups)?
5. Why doesn’t the Mint recommend adopting any of the options available to save money on penny production at this time?
6. a) How have other countries saved money on penny production?
b) What do you think of this idea for the U.S.?
c) Ask a parent and also a grandparent the same question.