May 07 2008

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Jonathan

Keep Your Pennies

Posted at 10:29 am under Finances

Apparently it costs more than 1 cent to make a penny these days with the rising costs of metals.  I wonder if the metal in the penny is actually worth more than 1 cent, though.

Congress is talking about bringing back the steel pennies they used back during World War 2, and maybe even using steel for nickels.  I don’t know that I’ve ever seen a steel penny, but if it costs me, the taxpayer, less, then I’m all for doing it.

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