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Old 02-13-2009, 01:32 PM   #23
Kevy Baby
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Join Date: Jan 2005
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Quote:
Originally Posted by SacTown Chronic View Post
A penny that costs 2 cents to produce, no doubt.
Snopes' take on the cost of penny production.

Quote:
Originally Posted by Capt Jack View Post
I thought they were considering removing the penny from general circulation

no? just a rumor?
Quote:
Originally Posted by flippyshark View Post
I haven't taken the time to look, but as I've been hearing about the pending penny-removal since I was eight years old, and always as a spoken word notion from friends and family members, I'm inclined to treat it as an urban legend until further notice.
There has been talk of it, but mostly just speculation and support one way or the other (some links here).

The GAO did some research on the subject and you can review the 24-page PDF version of the report here.
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