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A comment on Bank of Canada: The New $100 Note. Parent comment

Re:Bank of Canada: The New $100 Note by warfangle on Friday June 24, 2011 @08:33PM (#2694516)
The weirdest thing about the penny is that it costs more than one cent to manufacture. Given, they last for quite a while.

That's why it's illegal to melt them down, and the US restricts exporting them.

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Re:Bank of Canada: The New $100 Note by rkowalick on Saturday June 25, 2011 @10:06AM (#2695667)
According to Wikipedia:

1982-present US pennies, which weigh 2.5 grams, are 97.5% zinc and 2.5% copper (coated over the zinc) by weight and have a metallurgical value of 64.376% of the face value

So, while the production costs are more than 1 cent, the actual value of the metal inside is still below 1 cent.

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