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To: freepatriot32
For the first time, the U.S. Mint has said pennies are costing more than 1 cent to make this year, thanks to higher metal prices.

Not true! In 1982, the one cent piece was changed from 95% copper to 97% zinc with only a thin copper coating, because there was more that 1¢ worth of copper in the coin.

28 posted on 07/02/2006 10:54:20 PM PDT by mwyounce
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To: mwyounce
Not true! In 1982, the one cent piece was changed from 95% copper to 97% zinc with only a thin copper coating, because there was more that 1¢ worth of copper in the coin.

Sorry, you are wrong. It is true. The price of zinc has increased so much that the bullion value of the penny is now worth more than 1¢.

59 posted on 07/03/2006 3:21:24 PM PDT by FreedomCalls (It's the "Statue of Liberty," not the "Statue of Security.")
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