A penny ain’t worth a cent anymore. The cost to produce the copper coin rose to a penny and a half this year, The Wall Street Journal reported Tuesday.

That news lands close to home in Colorado. The U.S. Mint in Denver, and its counterpart in Philadelphia, churned out 9.16 billion pennies in 2015. Through Dec. 7, Denver had minted nearly 4.3 billion bronze Lincolns this year.

The mint tends to lose money on its pennies and nickels and make it up on dimes, quarters and half-dollars, according to the U.S. Mint’s 2015 annual report.

Despite the loss, America makes more pennies than nickels (1.48 billion), dimes (2.87 billion) and quarters (2.65 billion) combined. As of three weeks ago, the Denver mint had produced more than 7.5 billion coins in total.

“We produced 16.2 billion circulating coins in FY 2015-an increase of 23.9 percent from the previous year,” Matthew Rhett Jeppson, the U.S. Mint’s principal deputy director, stated in the report. “We have not seen this rate of circulating coin production since the pre-recessionary levels of 2006. To meet this increased demand, we added a third shift to the Philadelphia and Denver Mints and hired additional personnel.”

Before you bad mouth the money-losing penny, the website Money Crashers examined eight reasons to dump them and eight to keep them.

The points for keeping them? They keep prices low; charities rely on them; they honor Lincoln by jingling in our pockets and filling our car consoles; plus, Americans say they like them.

Read Money Crashers arguments here.

The coins are so ubiquitous that no one is truly penniless.

As Lincoln said in 1861, “Labor is the true standard of value.”

And if you’re still worked up about losing money on pennies, recall Lincoln also said, “We expect some new disaster with each newspaper we read.”