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PennySaved
1000+ Penny Miser Member


USA
1720 Posts

Posted - 05/10/2010 :  16:26:41  Show Profile Send PennySaved a Private Message

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SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson

wolvesdad
1000+ Penny Miser Member



USA
2164 Posts

Posted - 05/10/2010 :  17:05:06  Show Profile Send wolvesdad a Private Message
I love the mistakes these guys make on the metal content and history(on the bottom "Tinkering with Change" feature):
"The half dollar is also made of copper an..... ....of President John F. Kennedy, his profile took Benjamin Franklin's place on the coin. The half dollar is no longer in circulation." Oh it isn't is it?

AND
"The metal composition of the nickel hasn't changed since World War II, when the silver content was increased temporarily because nickel was needed for armament production." SO, the silver content was INCREASED? or the content was changed to 35% silver?????

Minor oversights, but you see them all the time when the uneducated are talking about US coins.

"May your percentages ever increase!"
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PointOmega
Penny Sorter Member



50 Posts

Posted - 05/10/2010 :  17:28:10  Show Profile Send PointOmega a Private Message
Wolvesdad...I had a chuckle too when I read the Wall Street Journal this morning at 6AM. But we can hardly say that the Journal reporters are "uneducated." It's the most comprehensive, insightful daily newspaper in the country. It's just a case of us at Realcent being experts in comparison. Give the Journal credit for even having heard of Coinflation. The world is catching on.
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totalcount
Penny Sorter Member



USA
77 Posts

Posted - 05/10/2010 :  22:05:14  Show Profile Send totalcount a Private Message
quote:
Originally posted by wolvesdad


"The half dollar is also made of copper an..... The half dollar is no longer in circulation." Oh it isn't is it?


Mostly true. It is after all, mostly copper, and it isn't minted for circulation anymore.

quote:

SO, the silver content was INCREASED? or the content was changed to 35% silver?????



Technically true, it was INCREASED from 0% to 35%.

I read the article this morning and it was great to see coinflation.com mentioned on the front page.
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