Tuesday, January 02, 2007

U.S. Criminalizes Coin-Melting: Bad Sign for Dollar? (theTrumpet.com, OK)

Your pennies and nickels are now worth more melted down for their metal content than their face value. This has the government worried about more than just the most obvious, publicly stated reason.

On December 13, United States Mint officials said they were making it illegal to melt pennies and nickels and to take large amounts of the coins outside the country. Under the new law, anyone convicted of melting the coins or leaving the country with more than $5 in pennies and nickels or shipping more than $100 worth could be punished with five years in prison and/or a fine of up to $10,000. . . .

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