Re:The last-ever penny will be minted today in Philadelphia
by mulmen on Thursday November 13, 2025 @01:44AM
(#45911535)
No, you can't. According to [1] the scrap value of a penny is $0.0084771. The cost of production is $0.037. The relevant question is if a penny creates more than $0.037 of economic value before it is lost or destroyed.
Re:The last-ever penny will be minted today in Philadelphia
by axiolite on Thursday November 13, 2025 @02:44AM
(#45911938)
Okay, metal prices are low at the moment, but post-1982 pennies did have a melt value of approx 2c not long ago. And it shows nickels are still currently worth more than 5c.
[1]: http://coinapps.com/base-metal/coin/calculator/