Economy
When a five-cent coin is worth more as scrap
HERE’S THE INTERESTING PART
Arbitrage is fun until it becomes a federal crime. Thanks to wildly fluctuating commodity markets, the copper and nickel composition inside a five-cent coin frequently exceeds its face value. Recognizing that clever citizens might just melt down truckloads of nickels to sell as scrap metal for guaranteed profit, the US Mint quickly made it illegal to melt pennies and nickels, carrying a hefty prison sentence.
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