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Friday, 20 June 2025

As the Penny goes, so goes the Dollar .........................from Rico

 The decision to stop making pennies was long overdue.

- It's simply NOT worth spending $60 million annually to produce what has become a worthless zinc slug.

 

RECOGIZE THE PATTERN.

 

Once pennies were monetary coins.

- In 1793 the first penny was minted of pure copper and weighed 13.48 grams.

- It was reduced to 11 grams in 1795, and in 1856 reduced further to 5 grams.

- In 1864 it was reduced to 3 grams and included 5% tin and zinc.

 

From coins to tokens.

- In 1982 ALL the copper was replaced with zinc disguised with a 'copper wash' while most never noticed that they had become worthless slugs with no intrinsic value.

 

The Dollar is in the batter's box, and is next up.




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