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A Penny is Worthless Until Someone Begins to Value It

A slight defect in the 1995 penny went unnoticed until an inspector realized that “In God We Trust” was slightly blurred. This caused the mint to shut down production until this issue was fixed as these coins received a double die. For those of you who have an area in your house or vehicle to collect spare change, you might want to check if you possess one of these flawed coins. The latest retail value of these rare pennies is $255.

Or what woman, having ten [silver] drachmas [each one equal to a day’s wages], if she loses one coin, does not light a lamp and sweep the house and look carefully and diligently until she finds it? – Luke 15:8

In recent years, there is a movement to eliminate pennies. One reason for this change is due to the cost of production. Each modern penny costs 1.5 cents to make which results in a losing proposition. United States Representative Jim Kolbe of Arizonia introduced the Price Rounding Act of 1989, H.R. 3761, to eliminate the penny in cash transactions, rounding to the nearest nickel in 1990. Thirty years later, the penny has survived for now.

And when she has found it, she summons her [women] friends and neighbors, saying, Rejoice with me, for I have found the silver coin which I had lost, Luke 15:9.

The parable of the Lost Coin refers to a sentimental item that is misplaced within a house. One scholar eludes to this lost piece of silver as a former wedding gift. Whatever the reason for this perceived value, a frantic search begins, scanning and sweeping every area of her home. When a coin is given a special value, the owner does not rest until this is found. Thus, the next time you discover a penny lying on the floor, you never knew how one coin can alter your perspective. Thus, give thanks when a lost item is found.

by Jay Mankus

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