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Melting US Coins Now Illegal

superbrose (1030148) writes | more than 7 years ago

United States

superbrose (1030148) writes "In addition to Iran's recent decision to drop the US dollar in favour of the euro, it looks like there's another good reason to get paranoid. The Funny Money Report writes that

The United States Mint has implemented regulations to limit the exportation, melting, or treatment of one-cent (penny) and 5-cent (nickel) United States coins, to safeguard against a potential shortage of these coins in circulation. The United States Mint is soliciting public comment on the interim rule, which is being published in the Federal Register.
Currently the face value of these coins is lower than the value of their metal content."

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