A report on the BBC website states that the value of metal in copper coins is now more that the coin is worth and people are melting them down! This leads to shortages of small denomination coins in circulation. It costs the American government 10 cents to produce a nickel worth 5 cents. The value of pre 1992 British 2p coins (97% copper) appears to be significantly more than 2p!
Anybody caught melting down coins faces massive fines and long jail sentences.
http://news.bbc.co.uk/1/hi/programmes/moneybox/7065183.stm
Next time you pay for a train use bags of pre 1992 2p coins and ask for a discount!
Happy modelling
Gary
Anybody caught melting down coins faces massive fines and long jail sentences.
http://news.bbc.co.uk/1/hi/programmes/moneybox/7065183.stm
Next time you pay for a train use bags of pre 1992 2p coins and ask for a discount!
Happy modelling
Gary