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YOUR BALANCE
T his Makes Cents
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T his Makes Cents


Sep 27, 2020, 11:11 AM

First, I hope most of you have been able to overcome your grief over the Gamecock's loss last night. But there is good news. If they can win two of their next nine games, they will probably be bowl eligible.


Now this from the current issue of the American Legion Magazine.

60% of the coins produced by the US Mint are pennies

7 Billion pennies produced by the Mint in a typical year.

2 cents. Cost of producing a penny.

2 seconds. Time it takes a typical US worker to earn a penny.

$72 million+. Money the Mint lost making pennies in 2019

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Re: T his Makes Cents- so we R


Sep 27, 2020, 11:14 AM

losing money on very penny produced but hoping to make up for it in volume. the American way

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Must be gouging people on shipping charges


Sep 27, 2020, 2:51 PM

And also giving the 2nd penny for free with a $4.95 p&h fee and separate shipping charge

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Re: T his Makes Cents


Sep 27, 2020, 11:18 AM

From my limited experience in the United Kingdom, I was impressed with the pricing of goods. The price was inclusive of taxes and usually an even amount. Used coins very little!

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Class of '87


^ BINGO!


Sep 27, 2020, 11:22 AM

you smart Waynesville Tiger Boy.

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The UK has been taxing people to death much longer than US


Sep 27, 2020, 11:36 AM [ in reply to Re: T his Makes Cents ]

They're good at it

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“poor kids are just as bright and just as talented as white kids.”


Re: T his Makes Cents


Sep 27, 2020, 5:40 PM

However, it is good business in Gatlinburg and Myrtle Beach for those who are endlessly amused by smashing these pennies into another form. Brilliant idea!

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