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<p>[QUOTE=&quot;scyther, post: 1708946, member: 42170&quot;]A successful attempt.&nbsp; Are you jealous of my great success?&nbsp; I can&#039;t see why else you would attempt to discredit it.</p><p><br /></p><p><br /></p><p><br /></p><p>How am I supposed to know you meant &quot;young numismatist&quot;?&nbsp; Who in the world outside of this forum has ever even heard that phrase?&nbsp; I think you really did mean young noob and won&#039;t admit it because you see how immature you were being.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>The situation was very different for silver.&nbsp; Silver is a precious metal, and a mere handful of coins has an appreciable value.&nbsp; Copper only really has value in bulk.&nbsp; That&#039;s why copper cents haven&#039;t disappeared from circulation yet.&nbsp; Most of the silver was already gone by the time it reached 2x face, as copper has been for years now.&nbsp; You&#039;re right in saying that an increase in zinc prices will make zinc pennies worth melting, but it will <i>never</i> be worthwhile to strip the copper of off zinc pennies for scrap.&nbsp; If copper ever increases in price enough to make that worthwhile, then the zinc will also be well above face value.&nbsp; They&#039;ll just melt the whole thing.</p><p><br /></p><p>I consider Gresham&#039;s Law a good thing, while you apparently think it&#039;s something to be feared and prevented under threat of imprisonment.&nbsp; If a coin is worth 2 cents, why should it continue to be valued at one cent?&nbsp; It&#039;s economic idiocy.&nbsp; Copper pennies should be allowed to be melted, since they are more valuable as scrap copper than as coins.&nbsp; If zinc pennies end up being worth more than face value, then they should be melted too.&nbsp; If the government wants to continue making pennies for tradition or whatever other reason, it can make them out of steel.&nbsp; Then their metal value will be almost zero, and the government won&#039;t have to worry about people melting them.&nbsp; The nickel should also change to steel (although I guess zinc would be fine too for the nickel).</p><p><br /></p><p>But I still say it would be better to just stop making pennies, since they have very little value, and aren&#039;t really necessary anymore.[/QUOTE]</p><p><br /></p>

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