yeah this is the real issue 4 debate! can we poor americans get rid of pennies? somehow this gives me giggle. from http://money.cnn.com/2002/04/11/pf/q_pennies/index.htm
(Representative Kolbe wants 2 get rid of penny)
And many note the interests of the copper and zinc industries. Pennies are made of 97.5 percent zinc, with a copper coating. To confuse you further, nickels aren't made of nickel -- they're actually made of 95 percent copper.
"Kolbe is from Arizona, the largest-copper producing state. The nickel is made predominantly of copper, as is the dollar coin, which he also supports. If we introduced a rounding bill, we would need more nickels. The whole proposal is special-interest lobbying at its worst," said Mark Weller, president of Americans for Common Cents.
The folks at the Coin Coalition counter that the zinc industry funds Americans for Common Cents.
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