L'Ombre de l'Olivier

The Shadow of the Olive Tree

being the maunderings of an Englishman on the Côte d'Azur

15 December 2006 Blog Home : December 2006 : Permalink

Time to debase the currency

The metal value of the US 1¢ coin and 5¢ coin is greater than the face value of the coin. As a result the US Mint has issued a press release explaining that it is illegal to export very many of them or to melt them down. Having a quick look I reckon that the British 1p and 2p are probably getting close and I suspect the smaller copper eurocent coins may be approaching the same problem.

I despise l'Escroc and Vile Pin