Pennies turn to Nickles?
Before you get too excited about the copper shortages and the fact that if you could melt down your pennies you would make more money per pound of copper ($4.16 per pound) than a pound of pennies, here is a few points to consider:
- Where are you going to get a smelter?
- Pennies are not pure copper. There is close to 90% zinc and other bits of metals in a penny.
- Pennies and fountains. A match made in heaven really.
- Penny. A nice name indeed.
A story on this penny shortage can be found here:
http://news.yahoo.com/s/nm/20070122/us_nm/usa_pennies_shortage_dc_1
The nutty math on pennies is found here:
http://home.att.net/~numericana/answer/trivia.htm#pennybulk
xo
- Scrooge mcDuck