Ed Moy

In this discussion, Ed Moy, the former director of the U.S. Mint, shares insights on the end of penny production after 232 years. He explains the fiscal challenges posed by rising costs and declining demand, revealing that minting pennies became unsustainable over time. Moy also touches on Congress's indifference to penny losses and failed attempts to find cheaper materials for production. Additionally, artist Robert Wexler discusses his creative tribute to the penny, emphasizing its unique cultural value and history.