Takeaways:

• The US Mint has stopped producing pennies, but they are still part of our lives.
• The government estimates that halting penny production could save over 50 million dollars annually!
• Questions arise about how prices will be set—will everything just end in fives and zeros now?
• There are concerns about the fate of wishing wells and whether they’ll be left empty without pennies.
• Phrases like 'a bad penny' might become obsolete; what else will change with this coinage shift?
• And finally, what should we do with all those pennies we've hoarded over the years?

This is the Daily Note.

I'm James A.

Brown.

Just because the US Mint is done with pennies doesn't mean pennies are done with the rest of us.

The government says we'll save more than 50 million bucks a year after the change because each penny costs nearly 4 cents to make.

Now all that makes sense.

But I have a few questions about how all this will play out.

Will prices only end in fives and zeros now?

Some fast food restaurants are already rounding up.

And what about wishing wells?

Will they go empty?

Or maybe we'll throw nickels into them?

Now, what about phrases like a bad penny or an honest penny?

Will they go away, too?

And what should I do about the giant bucket of pennies behind my desk besides holding on the hope that a penny is no longer worth just a penny anymore?

What do you think?

Tell me your two cents.

On that note, I'm James A.

Brown and as always, be well.