If you’re like most Americans, somewhere in your home there is a bucket or jar overflowing with spare change. While there might be a few dimes, nickels and even quarters in the mix, chances are the majority are pennies. How do I know? In today’s economy, pennies are not only a hassle – they’re utterly worthless.
Believe it or not, minting a single penny currently costs the U.S. Department of the Treasury roughly two and a half cents. Since 1990, Congress has been divided on whether or not to abolish the penny altogether, but despite recent support from President Barack Obama, the debate rages on. On one side are those who point to historical precedent, such as the discontinuation of the half-cent in 1857. On the other is Jarden Zinc, sole supplier of “penny blanks,” who has fiercely fought to preserve the penny for decades.
While feeling nostalgic about the penny is understandable, keeping it around in an economy where they take the average worker only two seconds to earn and are difficult to spend simply doesn’t make sense. However, that doesn’t mean we can’t make good use of them while they are still around. With the value of pennies so low, some creative DIY experts have found some crafty ways to repurpose them. After all, what better way to make use of 43,758 pennies than renovating an entire floor?
It probably wouldn’t have been my first idea either, but Gina Dagastino clearly has an eye for style and design. What she and her family have created is incredibly stunning, and, as it turns out, cheap. Take a look.