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Posted

Vietnam nabs Internet cable thieves

Hanoi (dpa) - Police in Vietnam have arrested three fishermen for stealing underwater telecommunications cable to sell for scrap, the newspaper Tien Phong reported Saturday.

The paper said police in southern Ba Ria - Vung Tau province arrested Tran Van Hoang, Nguyen Dang Quang and Pham Van Ke on Friday.

seems to me that it's got to be bloody hard work ,

surprised there is a return in it .

Posted (edited)

Copper is worth a "fortune" today. Many construction sites and electrical utility companies are getting ripped off all the time. In the US I believe I heard that 142 pennies ($1.42) is worth something like $4. Many folks are collecting the coins to sell overseas, which is causing the US mint to have to produce more of these coins. It costs more to produce the coin than the actual "face value" of the coin.

Anyhow, it comes as no surprise that thieves were stealing cable in Vietnam. It happens all over the place. I think there was a story of thieves stealing a huge cache of cable in Thailand a year or so ago.

Edited by Gumballl
Posted
In the US I believe I heard that 142 pennies ($1.42) is worth something like $4. Many folks are collecting the coins to sell overseas, which is causing the US mint to have to produce more of these coins. It costs more to produce the coin than the actual "face value" of the coin.

Hard to imagine. For the last 25 years pennies have been a zinc core with just a 2% copper plating.

Posted
In the US I believe I heard that 142 pennies ($1.42) is worth something like $4. Many folks are collecting the coins to sell overseas, which is causing the US mint to have to produce more of these coins. It costs more to produce the coin than the actual "face value" of the coin.

Hard to imagine. For the last 25 years pennies have been a zinc core with just a 2% copper plating.

Perhaps collecting pre-1982 pennies.

"Before 1982, the American penny was made of pure copper. In 1982, the U.S. government altered the composition of the penny to copper-coated zinc due to the high cost of copper."

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