Sales and Use Tax. The State levies a general retail sales and use tax of 4.75%. The general rate applies to purchases of tangible commodities, certain digital property, room and cottage rentals, admission charges to an entertainment activity, service contracts, and laundry and dry cleaning services.
For the first time in U.S. history, the cost of manufacturing both a penny and a nickel is more than the 1-cent and 5-cent values of the coins themselves. Skyrocketing metals prices are behind the increase, the U.S. Mint said in a letter to members of Congress last week. The Mint estimates it will cost 1.23 cents per penny and 5.73 cents per nickel this fiscal year, which ends Sept. 30. The cost of producing a penny has risen 27% in the last year, while nickel manufacturing costs have risen 19%. BACKGROUND:A brief history of the penny.
My quarter rocks. 1964 was the last year for coins minted entirely of .999 silver, however, some coins were still minted with ,90 silver up until I think 1982 or so. If you can find a 1982 dime with no mint mark it is worth about $350 in any condition. That was the year that somewhere between 30,000 and 300,000 coins were minted at the S.F. Mint but the die for the mint mark wore off. Making the coins valuable for having this flaw.