Trading up

How is this for a scheme?:

My name is Kyle MacDonald and I am trying to trade one red paperclip for a house. I started with one red paperclip on July 12th, 2005 and I am making a series of trades for bigger or better things.  My current item up for trade is one year in Phoenix.  Do you want one year of FREE rent in Phoenix?  Pop your offer over to me at ([email protected])… You can see the current offers here.  I live in Montreal Canada but will go anywhere in the world for the right offer.

But has he melted down his pennies?  Here is the web site, which chronicles the trades so far.  No, I cannot prove this is real but the story seems to pan out.  Thanks to Robert Saunders for the pointer.


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