Comments on: All post WWII cents are now worth more than face value http://www.mightybargainhunter.com/2006/10/19/all-post-wwii-cents-are-now-worth-more-than-face-value/ Helping readers to use bargains wisely since 2005 Sun, 12 Feb 2012 16:24:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mike http://www.mightybargainhunter.com/2006/10/19/all-post-wwii-cents-are-now-worth-more-than-face-value/comment-page-1/#comment-20433 Mike Thu, 14 Dec 2006 07:41:55 +0000 http://www.mightybargainhunter.com/2006/10/19/all-post-wwii-cents-are-now-worth-more-than-face-value/#comment-20433 "It will be interesting to see how the U.S. government reacts to this." <a href="http://www.usatoday.com/money/2006-12-14-melting-ban-usat_x.htm?POE=NEWISVA" rel="nofollow">Here's your answer</a>. Looks like they reacted quickly and harshly. “It will be interesting to see how the U.S. government reacts to this.”

Here’s your answer.

Looks like they reacted quickly and harshly.

]]> By: Joe W http://www.mightybargainhunter.com/2006/10/19/all-post-wwii-cents-are-now-worth-more-than-face-value/comment-page-1/#comment-10302 Joe W Wed, 25 Oct 2006 16:51:47 +0000 http://www.mightybargainhunter.com/2006/10/19/all-post-wwii-cents-are-now-worth-more-than-face-value/#comment-10302 Paper bills (i.e. $5, $10, $20, $50, $100) cost the mint only 4.5-5.5 cents per bill (yes, less than 6 cents per bill) depending on the denomination. So the gov't "makes" a "profit" on those bills. I've noticed that the media and people get their panties in a bunch over a penny, nickel, or dime costing more than the face value, but never mention the "profit" the gov't makes on paper bills which more than cancels out many, many times over any losses incurred stamping out metal coins. Paper bills (i.e. $5, $10, $20, $50, $100) cost the mint only 4.5-5.5 cents per bill (yes, less than 6 cents per bill) depending on the denomination. So the gov’t “makes” a “profit” on those bills. I’ve noticed that the media and people get their panties in a bunch over a penny, nickel, or dime costing more than the face value, but never mention the “profit” the gov’t makes on paper bills which more than cancels out many, many times over any losses incurred stamping out metal coins.

]]> By: Matt http://www.mightybargainhunter.com/2006/10/19/all-post-wwii-cents-are-now-worth-more-than-face-value/comment-page-1/#comment-10073 Matt Thu, 19 Oct 2006 15:17:33 +0000 http://www.mightybargainhunter.com/2006/10/19/all-post-wwii-cents-are-now-worth-more-than-face-value/#comment-10073 That's hilarious! I wonder what they'll start making pennies out of? I collect coins (well used to) and I've got a bunch of money from when they still used silver instead of nickel in dimes, quarters and nickels. That’s hilarious! I wonder what they’ll start making pennies out of? I collect coins (well used to) and I’ve got a bunch of money from when they still used silver instead of nickel in dimes, quarters and nickels.

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