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Penny and Nickel Coins to be Phased Out in 2013
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[quote:Anonymous Coward 28508707:MV8yMDYzMDQwXzM0NzA4MzMxXzM0MzRBQkFF] [quote:BRIEF:MV8yMDYzMDQwXzM0NzA4MjkyXzU2MTA3OEE5] [quote:Anonymous Coward 28508707:MV8yMDYzMDQwXzM0NzA4MjgxX0Q2MDIxODUy] [quote:BRIEF:MV8yMDYzMDQwXzM0NzA4MjY3X0ExRTI5MEU5] That's what they said about the two dollar bill, so I bought a brick of them...all sequential and still in the shrink wrap...still worth $2 each... [/quote] Paper is still paper. Metal value changes constantly. Dum Dum [/quote] The point is retard, the value of items usually goes up when they stop making them... [/quote] No dumbass! When copper prices soar and people melt pennies and eventually nickels, it reduces the amount of said coins therefore increasing the value on those coins. But figure you and a bunch of other people bought a bunch of $2 bills and no one melted them. Since melting paper just doesn't seem to work. There is still as many $2 bills out there just not being used (therefore 90% are still mint condition) [/quote]
Earlier this week Canada announced that they would be phasing out their penny coin. On the heels of the Canadian announcement, U.S. Treasury Secretary, Tim Giethner stated in a press conference today that the U.S. Mint will remove the penny and nickel coins from circulation, starting early in January 2013.
link to skewnews.com
that the U.S. Mint will remove the penny and nickel coins from circulation, starting early in January 2013
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