Saturday, December 17, 2011

2012 nickels and pennies likely to be steel

Yesterday bills were entered into the House of representatives to change the metals of the penny and nickel to steel. Nickels cost over 9 cents to make and the metal is worth about 5.1 cents a coin currently and this is with depressed commodities prices. I do not think it will be long until you have to start looking through the nickels to get the good ones. Hay at least the Chinese aren't counterfeiting these! See yesterdays post about the fake silver from China.

No comments:

Post a Comment