Readers of this blog may recall my posting on 19th May this year regarding the rising price of copper which is used in 2p coins in the UK.
Well, two metals are used to make the one cent coin in the USA (zinc, as well as copper), and according to the Quincy Herald Whig, it now costs 1.23 cents to make a 1 cent coin. The article goes on to question whether 1c coins should remain in circulation in the US, and introduces readers to two wonderfully named organisations:
Citizens for Retiring the Penny, who want the 1c coin removed from circulation in the US, and prices rounded to the nearest nickel, and;
Americans For Common Cents, who believe that 70% of Americans want to hang onto 1c coins.
Its great to see that competition is alive and well in America!
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