The U.S. Mint has reported that, for the first time in history, the cost of making pennies now eclipses the value of the coin (i.e., it now costs 1.2 cents to make a 1 cent coin). This is due to higher metal prices, specifically zinc.
So, do you consider the penny a "nuisance coin"? Would you rather get rid of it and round off prices to the nearest nickel? Oh, and by the way, the nickel now costs more to make than it is worth, as well. You can read more about all of this here: http://apnews.excite.com/article/20060702/D8IJV6UO0.html
2006-07-11
01:15:20
·
24 answers
·
asked by
MacSteed
7
in
Other - Politics & Government