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echo: coffee_klatsch
to: CINDY HAGLUND
from: LEE LOFASO
date: 2007-04-06 20:02:00
subject: Something to ponder from

Hello Cindy,

>BA>In the case of pennies, one could just melt down the whole coin - but
>BA>pennies aren't made entirely of copper any more.

CH>Nod. Make jewelry, age it, sell it as Authentic Ancient Native American
CH>Indian wear. Does good business in New Mexico.

Years ago, in Tennessee, a elderly Cherokee Indian used to make
jewelry out of copper pennies and sell it to tourists.  But he was
later arrested on charges of defacing U.S. currency.  The judge found
the charges so frivolous he threw it out of court, to the surprise of
the U.S. agents who had arrested him.

In any event, it looks like the penny will soon become a thing of the
past, since it costs more to make a penny than a penny is worth.  As a
result, everything will soon be rounded off to the nearest nickel.
Probably rounded up, rather than rounded down.  IOW, if an item costs
$1.37, you will pay $1.40 for that item.  And when it comes to change,
it it shows $1.39, you will get $1.35 in change.  Kind of a consumer
rip off both ways.

--Lee


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