Valhalla Legends Forums Archive | Warcraft | /panda

AuthorMessageTime
Spht
http://www.worldofwarcraft.com/info/underdev/pandaren-xpress.html
April 1, 2005, 6:54 PM
UserLoser.
No more gold, silver, or copper (well, pennies are copper)?
April 1, 2005, 7:35 PM
Spht
In Canada, common currency consists of bills and coins, champ.
April 1, 2005, 8:21 PM
Thing
I like the Crown Royal bag hanging from this guys belt.  That's just too classy.

http://www.worldofwarcraft.com/info/underdev/images/pandaren-xpress/px-deliveryboy.jpg
April 1, 2005, 11:12 PM
UserLoser.
[quote author=Spht link=topic=11143.msg106815#msg106815 date=1112386863]
In Canada, common currency consists of bills and coins, champ.
[/quote]

In USA, common currency consists of bills and coins, champ.
April 2, 2005, 1:45 AM
hismajesty
[quote author=UserLoser link=topic=11143.msg106810#msg106810 date=1112384117]
No more gold, silver, or copper (well, pennies are copper)?
[/quote]

No, pennies aren't.
April 2, 2005, 3:33 AM
UserLoser.
[quote author=hismajesty[yL] link=topic=11143.msg106906#msg106906 date=1112412788]
[quote author=UserLoser link=topic=11143.msg106810#msg106810 date=1112384117]
No more gold, silver, or copper (well, pennies are copper)?
[/quote]

No, pennies aren't.
[/quote]

http://www.pennies.org/pennyfacts.html
April 2, 2005, 6:33 AM
hismajesty
Yes, but they're not pure copper their copper coated. They used to be all copper until the cost of making one was more than $0.01. We did a lab in Chemistry at the beginning of the year to determine it.
April 2, 2005, 9:47 AM
Adron
[quote author=UserLoser link=topic=11143.msg106916#msg106916 date=1112423590]
http://www.pennies.org/pennyfacts.html
[/quote]

Haha, that's one funny site. We abandoned the coin equivalent in value to a penny some 15 years ago or so.

Look at these reasons for keeping them:

[quote]
The importance of preserving the penny goes well beyond high public acceptance and historical significance. The penny makes a profit for the government. It only costs .7 cents to make; consequently, the U.S. Mint receives a .3 cent bonus on each penny produced. This "seignorage" reduces funds the government must borrow to finance the deficit. In the last 15 years, these profits from the penny have earned the Treasury over $500 million.
[/quote]


[quote]
In 1994, production of the penny generated over $40 million in revenue for the Treasury, which the government posts as a profit. (Revenue is a result of seigniorage - the difference between the face value of the coin and the costs of its mintage.)

In 1994, the U.S. Mint produced over 13 billion pennies to meet broad public demand.

The penny costs only .7 cents to make, so the Treasury makes .3 cents on each penny minted.
 
In the last 15 years, seigniorage from the penny has earned the Treasury over $500 million.

Eliminating the penny would increase government borrowing to finance the deficit and increase the deficit by almost $4 million a year; there would not be budget savings.

With its substantial manufacturing volume, the Mint's penny production supports metals, mining and related industries. Tax payments from these supporting industries to the government would be lost if the cent was not produced.
[/quote]


Makes you wonder why they don't replace the penny with $100 bills, which would surely generate a larger profit per bill produced. They could solve the budget deficit problem in no time! :P
April 2, 2005, 12:35 PM
Rule
Before 97 or 98, Canadian pennies used to be about 98% copper.
http://www.pennycollector.com/faq.html
Click "Can I use Canadian Pennies?"

Apparently in the states, pre-1982 pennies were about 95% copper.
April 2, 2005, 5:31 PM
hismajesty
An online publication is better than science?

I was referring to modern day pennies.
April 2, 2005, 10:37 PM
UserLoser.
[quote author=hismajesty[yL] link=topic=11143.msg107052#msg107052 date=1112481452]
An online publication is better than science?

I was referring to modern day pennies.
[/quote]


[quote]
The composition of the penny is 97.5% ... copper.
[/quote]
April 3, 2005, 5:42 AM
hismajesty
Nice one. Now for the real quote:

[quote]The composition of the penny is 97.5% zinc and 2.5 % copper.[/quote]
April 3, 2005, 10:54 AM
JoeTheOdd
If you would mind getting back on topic *cough* userloser *cough* trust *cough*, this was an April fools joke.
April 3, 2005, 11:05 PM
UserLoser.
[quote author=hismajesty[yL] link=topic=11143.msg107144#msg107144 date=1112525653]
Nice one. Now for the real quote:

[quote]The composition of the penny is 97.5% zinc and 2.5 % copper.[/quote]
[/quote]


Still copper, no?
April 4, 2005, 1:21 AM
JoeTheOdd
No, its zinc. The 2.5% is less than a milimetre of coating.
April 4, 2005, 8:28 AM
KkBlazekK
So 2.5% = nothing?
April 4, 2005, 5:51 PM
hismajesty
It's something, but it's negligible. It was said by UserLoser that pennies are copper, when they're not. They're coated in copper, but they aren't copper. (He implied they were full copper.)
April 4, 2005, 9:25 PM
Rule
Actually, a majority of pennies in circulation probably are made predominately of copper.  When someone says "pennies are made of copper" that doesn't necessarily mean the pennies rolling out of the "money making factory" at that particular instant.  It could mean many things.


[quote author=hismajesty[yL] link=topic=11143.msg107337#msg107337 date=1112649935]
It's something, but it's negligible. It was said by UserLoser that pennies are copper, when they're not. They're coated in copper, but they aren't copper. (He implied they were full copper.)
[/quote]
April 5, 2005, 12:22 AM
Myndfyr
My favorite note:

[quote]There are over 130 billion one-cent coins currently in circulation. [/quote]

Sadly, if you had EVERY penny in circulation, you'd only have US$1.3b.  Bill Gates would still own you.
April 6, 2005, 12:53 AM
JoeTheOdd
Remember that final warning Grok gave us? Seeing regulars, Trust, and vL members themselves, Rule, going off topic doesn't help get the new people on topic, sad to say.

Also, 82 was a while back. 23 years, by my count. Of course there are millions of pennies that are mostly copper, but the vast majority aren't. Now, are we done?
April 6, 2005, 12:57 AM
Myndfyr
[quote author=Joe[x86] link=topic=11143.msg107522#msg107522 date=1112749049]
Remember that final warning Grok gave us? Seeing regulars, Trust, and vL members themselves, Rule, going off topic doesn't help get the new people on topic, sad to say.
[/quote]

However, being that I *am* a regular, and Rule is a vL member, we are -- well, not exempt -- but certainly seen in a much more forgiving light than those who have not established themselves as helpful, respectful members, but rather pissed off some of the members.

Calling the people who run this forum hypocrites doesn't really help your situation, either.  Haven't you ever heard the expression "Don't slap the hand that feeds you"?

Stop acting 14.
April 6, 2005, 1:11 AM
UserLoser.
[quote author=hismajesty[yL] link=topic=11143.msg107337#msg107337 date=1112649935]
It's something, but it's negligible. It was said by UserLoser that pennies are copper, when they're not. They're coated in copper, but they aren't copper. (He implied they were full copper.)
[/quote]

I didn't imply that
April 6, 2005, 3:54 AM
Adron
[quote author=MyndFyre link=topic=11143.msg107526#msg107526 date=1112749862]
However, being that I *am* a regular, and Rule is a vL member, we are -- well, not exempt -- but certainly seen in a much more forgiving light
[/quote]

You shouldn't count on that... Relaxing, being annoying, and trusting that everyone forgives you is a bad attitude ;)
April 6, 2005, 4:36 AM
Myndfyr
[quote author=Adron link=topic=11143.msg107572#msg107572 date=1112762183]
[quote author=MyndFyre link=topic=11143.msg107526#msg107526 date=1112749862]
However, being that I *am* a regular, and Rule is a vL member, we are -- well, not exempt -- but certainly seen in a much more forgiving light
[/quote]

You shouldn't count on that... Relaxing, being annoying, and trusting that everyone forgives you is a bad attitude ;)
[/quote]

I wasn't making a blind assumption, though; I based that statement on:
[quote]Overall most of the permanent long-time forum members are superb.  No problem.  I'm not addressing them.[/quote]
as well as a PM correspondence I held with Grok.
April 6, 2005, 7:07 AM

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