Or will they be devalued right away and become little more than decorative collector items?

Thank you for finding and sharing that!

they could be sold as scrap metal. Zinc and copper are more valuable than the actual penny.

I wonder (I'm sure I could find it online) if the US is the last country to discontinue its "penny" (and equivalent) coin.

I wish our dollar coin was smaller... making it more useful (but a frog wishes it had wings... so that's not going to happen).

in US currency is still considered legal tender.

had a limited life span after the changes went into effect. Those who failed to act by redeeming them (or spending them) ended up losing the value of the coins.

For example. gold coins were demonetized in 1933 but remonetized in 1965. Trade Dollars were demonetized for a time in the 1880s because they were minted with cheap silver for trade with China and not for domestic use. Today, both of those coin groups are worth far in excess of their face value.

At one time, pennies were legal tender only up to 10 cents. Supposedly, they are worth full value today. However, who knows what will happen if Trump is allowed to continue to issue executive orders against established US law

Now it will have to be at least a nickel for your thoughts.

They cost nearly 14 cents each.

Here in Europe we have 1 cent, 2, 5, 10, 20, 50 cent coins. Plus the 1 and 2 euro coins.
The smallest bill is a 5.

if they really want to save money.

We are one of the few nations that issue paper currency for their base denomination.

and the public generally rejected them (they were used quite a bit in vending machines - I know here in Philly a bunch of years ago, that is what was given out in change from many of the parking lot kiosks) - probably because the size was too close to that of a quarter.

And launching a dollar coin at the same time like they did in Canada in the late 80's.

While it may have cost 4 cents to produce a penny they were used thousands of times. Divide 4 cents by the number of times used and the number is far right of the decimal.

M to mint pennies. Talk about being pennywise and pound foolish.

It'll buy you safe secure comfortable housing, hot showers, self-service laundry, healthy meals, and a pint of Guinness.

And everyone gets at least a dollar a day whether they are employed or not.

Inflation is eliminated by taxing affluent and wealthy people at steeply progressive rates. The people who benefit the most from our society ought to pay the most for its maintenance.

In that universe a penny is worth something.

In our universe inflation is caused by the affluent and wealthy people who don't like paying taxes; people who are oblivious to or even relish the misery of others.