The E-Sylum:  Volume 5, Number 39, September 29, 2002, Article 8

EUROPEAN COIN SCRAP PILE

  In with the new, out with the old.  It's a common situation
  when a new coinage system is put into place.  It's happening
  again with the introduction of the Euro. Kavan Ratnatunga
  sends this link to an article from BILBAO, Madrid, Spain:
  http://www.theage.com.au/breaking/2002/03/09/FFXYURLAKYC.html

  "A little bit of Europe's history is disappearing into the
  melting pots of a small firm in the Basque country of
  northern Spain.  The firm, Elmet, in Bilbao's industrial
  suburbs, is making a handsome profit out of melting down
  millions of Irish pennies delivered in denominations of one,
  two, 10 and 20 pence.  So far more than a million coins
  have been shipped here for recycling."

  Wayne Homren, Editor

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