1 billion $

[eg6sir]

hmm.. recycle it.. lol

 

[DarkHand]

Just wondering, would $1mil in pennies actually be worth more than $1mil?

It would depend on the current price of zinc (you'd think copper, but pennies are only copper coated zinc nowadays).

 

[K2e2vin]

Yeah, I realized that. I was just curious because I heard somewhere that it was illegal to melt coins.

Anyways, I found the answer: [FONT=Arial, Helvetica][FONT=Arial, Helvetica] [FONT=Arial, Helvetica]$0.0027843[/FONT] is the melt value for the 1982-2009 zinc cent on January 30, 2009.


Also came across this: http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUST25901920090130
[/FONT][/FONT]

 

[DarkHand]

[FONT=Arial, Helvetica]$0.0027843[/FONT] is the melt value for the 1982-2009 zinc cent on January 30, 2009.

Doh!

Guess it's time to save up all those copper pennies instead

 

[Briansol]

1864 to 1942 3.11 g 19 mm 95.0% Copper and 5.0% Zinc & Tin (bronze mix)

1943 2.70 g 19 mm Steel with Zinc coating

1944 to 1946 3.11 g 19 mm 95.0% Copper and 5.0% Zinc & Tin (bronze mix)
but made from cartridge casings and slightly off color

1947-1962 3.11 g 19 mm 95.0% Copper and 5.0% Zinc & Tin (bronze mix)

1963-1982 3.11 g 19 mm 95.0% Cu and 5.0% Zinc

1983-2002 2.50 g 19 mm 97.5% Zinc and 2.5% Copper (20% lighter)

 

[phyregod]

I've heard that it costs them slightly more than a penny to make a penny.

 

[E_SolSi]

I've heard that it costs them slightly more than a penny to make a penny.

snopes.com: Penny Manufacture Cost

 

[Briansol]

there's more to making a penny than just the metal in it.

you need to pay for the engravers, the machinery, the people making them, all the rolls, the power to run them, etc etc.

 

[Briansol]

there's more to making a penny than just the metal in it.

you need to pay for the engravers, the machinery, the people making them, all the rolls, the power to run them, etc etc.

 

[MthaFuknGreen]

maybe thats why this country is going downhill..
they are spending more then they are making..
lol

 

[E_SolSi]

:disgust1:

 

[dacheat]

lol. that smiley gets me every time.

 

[whiterabbit06]

100 million pennies displayed in NYC | Curious? Read

 

[capricefrk013]

I heard that they wanted to do away with all together. How weird would that be?

 

[MthaFuknGreen]

the penny?
i heard that too.

 

[capricefrk013]

ya cause I heard that it costs 1.2 million to make 1 million pennies and because of that they were thinking of just doing away with it.

 

[MthaFuknGreen]

they should stop making them..

 

[phunky.buddha]

i love how there is so much money it actually has to be moved on pallets. PALLETS people. how many of us had more than a stack from selling a car or something?

I asked a potential buyer to pay for my house in 1 dollar bills... and he promptly did the math and figured out that it would all fit in a large briefcase. Car sale = not too large.

 

[MthaFuknGreen]

lol
i didnt even see nicks post saying that when i posted something similar to that effect.