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Old 18th July 2006, 05:10 AM
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Post Time to kill off the penny?

I thought this was pretty interesting.

In May, the U.S. Mint informed Congress that the cost of making a penny and a nickel will soon exceed the actual value of each coin. Thanks to the high cost of materials that go into the making of the coins -- zinc, copper and nickel -- the Mint estimates that by the end of the fiscal year, the cost of producing one penny will come to around 1.23 cents, and the cost of making a nickel will be 5.73 cents.

http://articles.moneycentral.msn.com....aspx?GT1=8376
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Old 18th July 2006, 05:36 AM
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Re: Time to kill off the penny?

You can't get anything for a penny anyhow. :p
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Old 18th July 2006, 05:38 AM
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Re: Time to kill off the penny?

Maybe I should drop 1¢.com? You'd be surprised at the amount of ads for the keyword 'penny' though.
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Old 18th July 2006, 05:58 AM
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Re: Time to kill off the penny?

25¢.com
75¢.com

here
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Old 18th July 2006, 06:17 AM
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Re: Time to kill off the penny?

Well, for me, 1¢.com has not made 1¢ (red or otherwise) but I like it anyway. Silly.
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Old 18th July 2006, 06:50 AM
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Re: Time to kill off the penny?

Quote:
Originally Posted by burnsinternet
Well, for me, 1¢.com has not made 1¢ (red or otherwise) but I like it anyway. Silly.
50¢.com was sold on afternic about 5 months ago for $500.
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