Apparently, the U.S. Mint is considering revaluing pennies as five cent pieces. The value of the metal in nickels has made them the target of metal speculators. To keep enough five cent pieces, and due to the decreased value put on pennies by most Americans, including me, the mint is considering doing away with the one cent piece altogether, and revaluing them all as five cent pieces.
While that might be initially confusing, it will make all those people who have hoarded piles and piles of pennies suddenly more wealthy. Now, where DID I burry those ammo boxes full of pennies last year?
Tuesday, January 23, 2007
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