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Posted
  Beerball said:
The country is getting itself into a pickle.  It now costs more than a penny to mint a penny.  Perhaps they will be outlawed.

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It only costs an extra few million a year. The cost to consumers if the penny was outlawed would be FAR greater as you can be sure that retailers will make sure things round up a nickel instead of down.

CW

Posted

I's the cost of copper. Pennys for a long time have been a veneer of copper over some zinc alloy. In the late 70's I thin, the veneer got really thin. Take a penny from the 60s and one from now. Drop them on a table. You can hear the difference.

Make them out of steel (or some other metal)like in 43 when all the copper went to the war efort.

Posted
  Wacka said:
I's the cost of copper.  Pennys for a long time have been a veneer of copper over some zinc alloy. In the late 70's I thin, the veneer got really thin. Take a penny from the 60s and one from now. Drop them on a table. You can hear the difference.

Make them out of steel (or some other metal)like in 43 when all the copper went to the war efort.

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Actually, the main penny cost is zinc, not copper... :D

 

http://www.1728.com/projects.htm

 

CW

Posted
  BILLS4LIFE said:
A. Its obvious...

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Knew to look for In God We Trust, Liberty, and the year. Only thing that threw me was which direction was Abe facing? Had a 50/50 chance and I guessed right

Posted
  /dev/null said:
Knew to look for In God We Trust, Liberty, and the year.  Only thing that threw me was which direction was Abe facing?  Had a 50/50 chance and I guessed right

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That was my mistake as well.

Posted

I guessed right, my wife guessed g.

 

As to the penny dillemma, I think they should make pennies every five years instead of yearly, and make it illegal to hoard pennies. I know I have a gallon in the other room. The fine for hoarding...Your pennies.

Posted
  Buffal0 Bill5 said:
As to the penny dillemma, I think they should make pennies every five years instead of yearly, and make it illegal to hoard pennies.  I know I have a gallon in the other room.  The fine for hoarding...Your pennies.

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I hope that last part was a joke--last thing we need is another pointless law that restricts people's actions.

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