Bending the Third Rail
Because We Should, We Can, We Do
Friday, December 15, 2006
Nickel and Dimed
WASHINGTON -- Given rising metal prices, the pennies and nickels in your pocket are worth more melted down than their face value -- and that has the government worried.

U.S. Mint officials said Wednesday they were putting into place rules prohibiting the melting down of 1-cent and 5-cent coins, with a penalty of up to five years in prison and a fine of up to $10,000 for people convicted of violating the rule. source

I have believed for several years that we are headed for a depression. Not a recession, but a depression. Stories like this one only serve to reinforce my belief. My only question is, how is anyone going to know where the copper in that bar came from?