To: basil
I read that the treasury is taking a loss on pennies even though they're mostly zinc.
50 posted on
03/08/2007 8:35:43 AM PST by
mysterio
To: mysterio
I read that the treasury is taking a loss on pennies They make it up in volume.
132 posted on
03/08/2007 8:24:38 PM PST by
Lonesome in Massachussets
(When I search out the massed wheeling circles of the stars, my feet no longer touch the earth)
To: mysterio
I read that the treasury is taking a loss on pennies even though they're mostly zinc.
But it only costs about thirty cents for them to make a dollar (if people will use them) ...and pennies last a long time.
141 posted on
03/08/2007 8:41:16 PM PST by
Smokin' Joe
(How often God must weep at humans' folly.)
To: mysterio
"Coins cost more to make than face value"
http://www.usatoday.com/money/2006-05-09-penny-usat_x.htm
157 posted on
03/09/2007 2:43:42 AM PST by
OrthodoxPresbyterian
(We are Unworthy Servants; We have only done Our Duty -- Luke 17:10)
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