For those of you who think that the penny is useless. You might be right, but someone thought enough of it give it, it's own day. 

(Photo Illustration by Tim Boyle/Getty Images)
(Photo Illustration by Tim Boyle/Getty Images)
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Who officially proclaimed April 1 as National One Cent Day? No one really knows. Were they just trying to make the ultimate April Fools joke? In researching the day, I could only find the following from Wikipedia (no kids it is not the worlds most reliable source of info).

“As of 2012, it costs the U.S. Mint 2.00 cents to make a cent because of the cost of materials and production.  This figure includes the Mint’s fixed components for distribution and fabrication, estimated at $13 million in FY 2011. It also includes Mint overhead allocated to the penny, which was $17.7 million for 2011. Fixed costs and overhead would have to be absorbed by other circulating coins without the penny.  The loss in profitability due to producing the one cent coin in the United States for the year of 2012 was $58,000,000. This was a slight decrease from 2011, the year before, which had a production loss of $60,200,000.” (Wikipedia)

If you have a few moments, watch the video... It will tell you more. Don't forget, that yes they might be annoying to some people, but they do add up. -Brandi

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