In a bid to save hundreds of millions of dollars, the U.S. government is looking closely at its small change.
The government now spends 1.7 cents to make a penny and 10 cents to make a nickel because of global surges in the prices of precious metals, according to the House Financial Services Committee. Pennies are made almost entirely of zinc, while nickels are made of a blend of copper and nickel...
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Friday, August 17, 2007
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