What were they thinking?
- Only a government thinks like this.
The pre-1982 US penny was composed of 95% copper and 5% zinc. The current "melt value" for the copper content is $0.016291...for Common Core math students and anyone holding public office at the moment...that's 1.63 cents, or worth more than the face value of the coin.
- Roughly a cent and a half.
The post-1982 US penny has been composed of 97.6% zinc and 2.4% copper (it's essentially a copper-washed token). The current "melt value" is $0.0062522...with the same caveats as above...that's 0.63 cents.
- Roughly worthless.
The most recent data from the US Mint (2015) tells us that it costs 1.67 cents to make a penny.
- And some people are distressed at the idea of a failed "community organizer" being replaced by a successful "businessman?"
This blog is looking for wisdom, to have and to share. It is also looking for other rare character traits like good humor, courage, and honor. It is not an easy road, because all of us fall short. But God is love, forgiveness and grace. Those who believe in Him and repent of their sins have the promise of His Holy Spirit to guide us and show us the Way.
Wednesday, January 04, 2017
A penny for your thoughts
At Theo Spark, Rico would like a penny for your thoughts:
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