Thread: Money A new penny, but why?
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Old 09-24-2008, 06:41 AM   #11
luv luv is offline
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Quote:
Originally Posted by chief husker View Post
Why? Collectors. The US government is bolstered with every coin taken out of circulation by collectors. The amount of money held by collectors and not in the normal currency flow is staggering. Billions of dollars. It is like a company buying back it's stock.
But just think of how much more a collectible penny would be worth if they stopped making them.
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