Melting Coins Now Illegal In the U.S.

A number of readers have noted the action by the U.S. Mint to outlaw the melting down or bulk export of coins. This has come about because the value of the precious metals contained in coins now exceeds their face value. The Mint would rather not have to replace pennies (at a cost of 1.73 cents per) or nickels (at 8.74 cents). The expectation is that Congress will mandate new compositions for some U.S. coins in 2007.

Comments

Pennies on a Railroad Track, Anyone?

[Ranger]

I'll bet there's nothing keeping you from placing all those pennies on railroad tracks and having a train stomp those suckers flat.

And stop linking New York Times, you [expletive deleted]s. I don't want to fucking register nor do I want to have to take the goddamn time to go to bugmenot.com to get a NY Times uid & pwd. Here's some links that don't require registration to read: here , here , here , and here . Anyway, now that they said don't melt those coins, guess what they are going to do? Melt those coins.