Showing posts with label A Penny Saved. Show all posts
Showing posts with label A Penny Saved. Show all posts

Sunday, June 27, 2010

Good Cents


As an experiment I went to the bank and asked for four rolls of pennies. It came as no surprise to me that all two hundred were cheap and shiny, minted in 2010.
Up until 1982 pennies were copper. Now copper is worth more than a penny so the government is doing what governments usually do, substitute cheap currency for the real thing.
I placed a pre-1982 penny on top of this pile zinc pennies coated with copper.
I would guess that fifteen percent of the pennies in circulation are copper. They will all be gone soon.