On 05/10/2008 06:03 PM, John W Kennedy wrote: > On May 10, 2008, at 4:38 PM, Michael Adams wrote:
>> >> Can you immagine the size of one dollar gold coins nowadays, You'd >> have >> to have holes in them so you could thread them into love beads. > > > The pre-depression gold dollar was already smaller and thinner than a > dime, so small you had to lick your finger to pick it up. At today's > gold prices, a $20 dollar gold piece would roughly meet that > description. Even a silver dollar would be smaller than a dime. > Sorry, I couldn't resist after reading this the other day: http://seattletimes.nwsource.com/html/politics/2004402326_watch09.html <quote> Friday, May 9, 2008 - Page updated at 12:00 AM Capital Watch Steel-based coins clear House vote WASHINGTON — The House voted for cheaper change Thursday, the kind that would make pennies and nickels worth more than they cost to make and save the country $100 million a year. The unanimous vote advanced the legislation to the Senate, but its prospects are muddled by objections from the Bush administration and some lawmakers. The bill would require the U.S. Mint to switch from a zinc and copper penny, which costs 1.26 cents to make, to a copper-plated steel penny, which would cost 0.7 cents to make, according to statistics from the Mint and Rep. Zack Space, D-Ohio, one of the measure's sponsors. It also would require nickels, made of copper and nickel and costing 7.7 cents to make, to be made primarily of steel, which would drop the cost to below its 5-cent face value. </quote> --------------------------------------------------------------------- To unsubscribe, e-mail: [EMAIL PROTECTED] For additional commands, e-mail: [EMAIL PROTECTED]
