Did you ever notice that the flip side of a coin is flipped? You probably don't know why. The big heads and tails at the U.S. Mint don't know why either. They just say it's tradition.
BTW, since 2006 when metal prices skyrocketed, the Mint has lost more than $20 million producing pennies.
Word of the day: seigniorage.
Monday, June 23, 2008
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