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To: Jack Black
Oh, yeah, if the treasury hadn't decided to couterfit pennies in 1981 (ie: make the zinc look almost exactly like the copper ones) it would be easy to sell the old ones for scrap. $1,411. of pennies would get you $4,000. Not a bad profit.

But because the zinc pennies are perfect forgeries there is no easy way for a scrap metal dealer to know what they are getting.

I think some private mints are starting to make copper coins now that an oz of Silver is almost $30 bucks that makes sense. (And they have already started minting 1/2 and 1/4 oz silver coins too.)

$4.00, for a 1 troy oz coin. (1 pound = 14.583 Troy Oz)

19 posted on 11/09/2010 8:39:55 PM PST by Jack Black ( Whatever is left of American patriotism is now identical with counter-revolution.)
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To: Jack Black

Why does it say AV OUNCE on the coin if it’s a troy ounce?


23 posted on 11/09/2010 9:00:00 PM PST by null and void (We are now in day 658 of our national holiday from reality. - 0bama really isn't one of US.)
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