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Author: Subject: Easy money
Jon Ison

posted on 18/1/08 at 03:53 AM Reply With Quote
Easy money

Found out today the 1 cent (us penny) is worth around 3 1/2 melted.
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markyb

posted on 18/1/08 at 06:13 AM Reply With Quote
it is probably in their constitution that it is illegal to melt the currency - if found guilty the yanks will probably invade !!!!
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Mr Whippy

posted on 18/1/08 at 06:32 AM Reply With Quote
you could buy them in bulk, smelt them into billets. Then export the billets back to the states selling them to the mint who'd make them back into coins while you are creaming off the profit





Fame is when your old car is plastered all over the internet

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speedyxjs

posted on 18/1/08 at 07:18 AM Reply With Quote






How long can i resist the temptation to drop a V8 in?

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ceebmoj

posted on 18/1/08 at 08:21 AM Reply With Quote
it has been true of some uk coins in the past and I beleave the 1p coin is marginal






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Nick Skidmore

posted on 18/1/08 at 08:57 AM Reply With Quote
Some years back (10 or so) our 1p and 2p ceased to be copper/bronze and became plated steel due to material costs.

1p and 2 p in copper/bronze is now worth more than face value.

It is illegal to deface legal tender.

NOTE:This user is registered as a LocostBuilders trader and may offer commercial services to other users
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indykid

posted on 18/1/08 at 09:00 AM Reply With Quote
it may be for other countries, but it's not in the UK.

as long as you don't plan to use it as legal tender again, it's fine.

are billets classed as legal tender?
tom






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MikeR

posted on 18/1/08 at 09:35 AM Reply With Quote
and the cost of smelting is ....?
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speedyxjs

posted on 18/1/08 at 01:15 PM Reply With Quote
quote:
Originally posted by MikeR
and the cost of smelting is ....?


Idea for new book - build your own smelter for less than £250 and make a profit
No?

[Edited on 18-1-08 by speedyxjs]





How long can i resist the temptation to drop a V8 in?

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thunderace

posted on 18/1/08 at 01:33 PM Reply With Quote
ill buy that for a doller

(name the movie)

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David Jenkins

posted on 18/1/08 at 01:36 PM Reply With Quote
quote:
Originally posted by MikeR
and the cost of smelting is ....?


LINK






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Rek

posted on 18/1/08 at 03:58 PM Reply With Quote
quote:
Originally posted by thunderace
ill buy that for a doller

(name the movie)


Robocop

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alanr

posted on 18/1/08 at 04:18 PM Reply With Quote
apparently just after the 50p coin was launched some clever people were filing the corners off to make 10p coins !!!!!
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StevieB

posted on 18/1/08 at 06:26 PM Reply With Quote
quote:
Originally posted by indykid
it may be for other countries, but it's not in the UK.

as long as you don't plan to use it as legal tender again, it's fine.

are billets classed as legal tender?
tom


As long as it doesn;t have the Queen on it, in which case you're defacing the Queen and it becomes treason.

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rusty nuts

posted on 18/1/08 at 07:12 PM Reply With Quote
I believe that treason still carries the death penalty??
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Confused but excited.

posted on 18/1/08 at 08:24 PM Reply With Quote
IIRC So does arson in a naval dockyard and raping a member of the Royal family. Perhaps that's why Philip left the greek navy, to protect his shipmates.
Oops, is that special branch I can hear knocking?
No they have gone to the wrong house again.





Tell them about the bent treacle edges!

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