Wednesday, May 7, 2008

1 1/4 cents for your thoughts ...

The 7 1/2 cent and 1 1/4 cent coins
Now that we know it costs 1 1/4 cents to produce a penny and 7 1/2 cents to produce a nickel, have we seen the last of the $3.99 and $4.95 sales? Or will the Mint switch to steel?

3 comments:

John Ettorre said...

That article (I assume you're referring to the recent on in the New Yorker) was indeed an eye-opener. It's certainly not an issue that I or most people would ever think about, but I found it fascinating nonetheless.

Mike said...

I shouldn't admit it, but the only time I read the New Yorker is when I fish one out of our condo's recycling bin. I do subscribe to Handball Magazine, though.

John Ettorre said...

Your secret's safe with me. At least you're being environmentally responsible.