Benjamin Franklin once said that a penny saved is a penny earned, but if the pennies are older, they can be worth more. At current copper prices, the melt value of older pennies is well over two cents, and you don't even need to melt them down to extract that extra value.
A Massachusetts man who long ago pledged to make his last mortgage payment with pennies has fulfilled that promise, dropping off 800 pounds of them for the final payment on the Milford home he and his wife bought in 1977.
America has a debt problem. We don't bring in enough revenue, and we spend too much money. But don't fret. Our government has a plan to fix all this by ... cutting the cost of coining pennies and nickels.
