|
Cerulean
Penny Hoarding Member
USA
993 Posts |
 Posted - 07/29/2007 : 21:25:34
|
From the Standard American Encyclopedia, c. 1937:
"In the United States the term penny is commonly used for "cent", the 100th part of a dollar. It consists of 95 per cent of copper and 5 per cent of tin and zinc. Copper blank sheets are bought by the government large enough to cut 100 cents. On reaching the mint the sheets are cut into strips, from which round blanks called planchets are punched, and these run directly through the stamping machines. Then they go to an automatic weighing machine, which throws out all the imperfect coins. Pennies are counted at the mint by a counting board which enables the operator to count 500 at a time, the board being an inclined plane with troughs the exact width of a cent, separated by copper partitions in height exactly equal to the thickness of the coin. The cents are poured over the board and fall into grooves prepared for them, while the surplus ones roll off. The board is then emptied."
RUNNING TOTAL
--------------------------
3217 zincs (1982-2007) 75.5%
1012 coppers (1959-1982) 23.8%
25 wheats (1920-1958)
6 Canadian (1968-1995)
1 dime (2004)
Wanna take money away from the Fed? Spend dollar coins!
|
|
Automatic penny sorter, circa 1937
Forum Locked
