I bet you faggots can't solve this

i bet you faggots can't solve this

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it'll be 1 big penny dildo I can stick up your ass

No.

Because of fucking socialists and keynesians decided for all of us that money will be never be based on gold or any other metal.

Illegal destroying money. H& urself ovrr to the V& ppl

No because it's not recognised as a penny, just a mess of zinc with a low copper content

saves money to do it that way too, you take the ink off a 100 dollar bill, the paper isn't worth anything just the imprint.

OP ignore this unfunny shit. Fuck off faggot if you can't contribute to the thread you unfunny fuck.

Samefag alert. Pic related.

If you print on it that it is, yes.
It will not be usable as currency of any worth tho.
But it will possibly be worth a little more than $3 because of material worth

8 replies + OP =9
9 posters
check bottom right.

metal backed currencies have flaws. you are limited by how much metal you have. Additional found reserves changes value of currency etc.

If you must have commodity currency go for the KWh. Fewer flaws.

checked

This post is retarded. It's got two interpretations as far as I can tell.

>A 3 dollar penny
As in it costed $3.00 to make? Then the answer would be yes, not counting the cost of the equipment and/or labor needed to get the copper-plated zinc to its melting point.

>A 3 dollar penny
In terms of value? It's still a penny, $.01. However, due to the fact that the penny now contains more copper, it could be worth more than $.01, depending on the year the smelted pennies were made. Considering the fact that most modern pennies are made of mostly Zinc, it's unlikely to be worth $3.00. To get a "giant penny" to the size where the copper would be worth $3.00, you might need more than $3.00 worth of pennies.

>3 dollar penny

No, you have a large penny shaped object.

No, it would be £26.46

>the paper
confirmed for knowing nothing

As long as you draw Lincoln on it.

yeah its only illegal to deface currency if it is for the sake of monetary gain, like turning a nickel into a quarter or a $1 bill into a $100 bill, in his case what hes doing isnt illegal because hes not posing it as a legitimate form of currency, just a large coin that resembles a penny

It would be a federal offense.

see

what paper aint worth shit, the picture is what matters.

I think the point is that it's not paper, and if you don't even understand what your currency is made of, you should probably shut up

it isn't paper underageb&

Depends...will I still get my scooby snacks?

actually if you sold it you might make 5 bucks, id buy a massive penny as a cool thing to have.

No because pennies are relatively worthless. In fact they're hardly copper any more. They're copper plated.

If the penny was full copper, the copper would be worth more than the penny itself.

As it stands, the melted down monster would be about worthless still.

Who the fuck are you? The thread police? Get the fuck out dumb bitch

Then you're just a tard I'm afraid..

yer but the metal/whatever currency is made of is not worth anything either, currency is valued at its picture, not its material.

currency is only valuable because we say it is

novelty item, op would be a millionaire.

No you idiots it would be worth more than $300 because it costs more to make a penny than its value. That's why they stopped making pennies

yer thats what i said.

a 1 dollar bill is worth about $60 in materials....

just simplifying what you said

Coins as currency are worth more than the material they are made of. If you melted down 300 pennies into something else, you destroy the currency and create something else that has no value apart from the material it is made of.

did they stop? it's about damn time. I wish they could do some sort of turn-in

A dollar bill is made out of old clothes....

So what is it made of, wiseass?

It's paper with a ton of additives and shit, but it's still paper.

>inb4 polymer banknotes which no important country uses

kek, yer right, printing money would be pointless, you would never be able to print more than what you had.

check'd and kek'd

The government lost 100 million dollars in 2013 making pennies and nickels because it cost 2 pennies to make one and about a dime to make a nickel. So they stopped since last year

No they're not. Pennies and nickels cost more, in materials, than what they're worth as currency.

A new report shows the cost to produce a penny was 1.7 cents in the 2014 fiscal year. So if 300 were melted down their face value would be lost, due to the the fact that they would have been modified. therefore it would cost about $5.10 or the cost of the metal.

However, there is a problem, the cost of melting it down would have to factor in as its value isn't based on a face value it is the cost of the metal, but if this were instead to be sold as a product its price tag would include the cost of production.

If these were mass made then over time the cost of reusable tools would become irrelevant (if a $10 tool made 1 product then it costs an extra $10 to produce, but if a $10 tool was used to produce 1000 products then it would cost $0.01 per product.) this means the only cost we really have to factor in is the casting that happens every time.

so we need to know the cost of melting the metal.

- - - -

>assuming the penny is practically pure copper (i know it isn't but it shortens the equation) then their melting point is 1,085 degrees Celsius.
>each penny weighs 2.5 grams so the pennies weigh 750 grams or 0.75 kg.
>For scientific calculations, room temperature is taken to be roughly 20-25 degrees Celsius.
>coppers specific heat capacity is 0.444 J/gC at room temp

To work the energy required to melt this mass we CAN use q=mcdeltat*
>q is energy, m is mass, c is specific heat capacity, and delta t is temperature change in degrees Celsius

so energy required = 750*0.444*(1085-25)
energy required = 352980 J
energy required = 352.98 KJ

this is 0.09805 kWh

assuming that all energy used is 100% transferred to the metal (in reality it would be much, much lower) this costs:

£ 0.154 per unit (1 kWh) in average us home
at 0.09805 kWh
=
$1.570627231

which i'm sure is wrong but i cant see any mistakes (it seems to low a figure)
so the complete price is around $508.47

* not best method but one i'm fairly familiar with

Fuck.... money is not made from paper.... it's cloth.

Where?

en.wikipedia.org/wiki/Banknote#Materials_used_for_banknotes

Why do they say that all money has cocaine on it?

...

The US can't mint a fucking penny out of copper, not due to the value of copper, but due to the JEW BANKERS who have inflated the US dollar to the point where it's virtually worthless.

Paper money = Jew scheme. You know what paper is worth? Jack shit. But a Roman coin from thousands of years back is STILL worth something intrinsically.

Jews should be banned from banking altogether.

The zinc will melt long before the steel which comprises 94% of a penny will. The zinc is so the copper will stick to the steel
learn something first

Yes it is, it just contains cotton fibers instead of wood fibers