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It's a funny sort of "buying" when you can print money. Be careful not to confuse the value of a coin with value of the metal the physical token contains.
by eli 13y ago
It's a funny sort of "buying" when you can print money. Be careful not to confuse the value of a coin with value of the metal the physical token contains.
- rahimnathwani 13y agoAh... I think your point is similar to paulgb's: "So if the metal in 100 pennies is worth more than the metal in a loonie they make a profit." Is that what you mean?
- eli 13y agoI think so... but the profit is a lucky bonus that happens because the coins we decided we don't want any more happen to have some intrinsic value. They would need to take the pennies back even if it was at a "loss" in terms of manufacturing cost vs recycled value.