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<p>[QUOTE="Sholom, post: 799854, member: 17753"]From the point of view of the Mint -- it <i><b>is </b></i>only exchanged once. </p><p><br /></p><p>Bottom line is this: over the last three years: they made & distributed over 15 billion pennies at a cost of 1.5 cents each, and exchange them for the 1.0 cents each, losing $82 million. (Overall, they made lots of money -- mostly on quarters and dollars -- but they lost $82 million on cents, and $85 million on nickels)[/QUOTE]</p><p><br /></p>
[QUOTE="Sholom, post: 799854, member: 17753"]From the point of view of the Mint -- it [I][B]is [/B][/I]only exchanged once. Bottom line is this: over the last three years: they made & distributed over 15 billion pennies at a cost of 1.5 cents each, and exchange them for the 1.0 cents each, losing $82 million. (Overall, they made lots of money -- mostly on quarters and dollars -- but they lost $82 million on cents, and $85 million on nickels)[/QUOTE]
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