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COIN RESEARCH Please turn in your "spare change" that clogs your space. It could be better invested and would reduce the metal consumption by the US Treasury, and would save the government more money than the entire Rosemont payroll over the life of the mine. Read about and support the new HR-5512 act in congress read about HR 5512 - the Coin Modernization and Taxpayer Savings Act of 2008 Interesting points made in the bill: "Given the current cost to make a penny and volume of pennies minted, by simply reducing penny production costs to face value, the United States will save nearly $600,000,000 dollars in the next 10 years alone.""Commodity metal prices are often cyclical in nature, and can be inflated by speculation, so it is important that a solid trend in the rising price of a commodity metal be established before any change in the metal content of a coin is made." From the Copper.org report in 2001 Read the entire report Sheet, Strip and Plate More Coin Facts The 1909-1982 Cent is 95% copper. Current value of materials is almost 2.5 cents The 1946-2008 Jefferson nickel is 75% copper Current value of materials is just over 6 cents To learn about the value of all coins click here it takes 154 pennies made from 1909 to 1982 for a pound of copper , for pennies made after 1982 it takes 7296 for a pound of copper. 91 Jefferson nickels contain a pound of copper Click here to find out Coin Production Facts To see all years production figures click here
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