We aren’t here to praise the penny, but rather, to bury it. The penny, and its counterparts, have been vanishing all around the world as the cost of minting one far outweighs its value. But hackers had already lost a big asset: real copper pennies, and now even the cheaply made ones are doomed to extinction.
If you check your pockets and find a pre-1982 penny, it’s almost all copper. Well, 95% of its slightly-more-than-3-gram heft is pure copper. Since then, the copper penny’s been a fraud, weighing 2.5 g and containing only a 2.5% copper plate over a zinc core. During WWII, they did make some oddball steel pennies, but that was just a temporary measure.
