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Retire the U.S. penny.

Created by T.C. on April 04, 2013

According to the U.S. Mint 2011 annual report, the current cost of a penny is 2.4 cents per coin. With nearly 5 billion pennies minted in 2011, the U.S. spent almost $120 million to produce less than $50 million of circulating currency.

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