3 ms·

I think Ambani (the Indian billionaire) actually made some of his money in early fays melting down coins, and did it at such a scale government officials had to

I think Ambani (the Indian billionaire) actually made some of his money in early fays melting down coins, and did it at such a scale government officials had to investigate what was going on

throwawaycities 4y ago
In the US it’s not illegal to melt pennys, but it’s illegal to melt pennys to profit on the raw materials.
Koffiepoeder 4y ago
Interesting side story: for centuries coins were intentionally made to have a ribbed side surface because otherwise people would sand/cut off the sides and sell the obtained metal. Nowadays coins are usually not made of pure and/or very valuable metals, but the notches have stayed to help impaired people and automatic identification of coins.