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92CelicaHalfTrac
92CelicaHalfTrac MegaDork
4/3/12 11:53 a.m.

"2."

1988RedT2
1988RedT2 SuperDork
4/3/12 12:23 p.m.

Ever notice how few of the pennies in circulation today were minted before 1982? That's the year they went from copper to copper-coated zinc. Care to guess what a solid copper penny is worth? Nutballs pull them out of circulation and hoard them. Apparently it will soon become worthwhile to do the same with the zinc ones. Pennies don't actually circulate. They get used once and then sit forever in somebody's penny jar. It's time we got rid of it, and the dollar bill along with it. If they quit making dollar bills and only have dollar coins available, people will use them whether they like it or not.

Appleseed
Appleseed PowerDork
4/3/12 12:24 p.m.

Why not make them out of a cheaper metal?

1988RedT2
1988RedT2 SuperDork
4/3/12 12:27 p.m.
Appleseed wrote: Why not make them out of a cheaper metal?

There really isn't much that's cheaper than zinc. Maybe they could use plastic?

RossD
RossD UltraDork
4/3/12 12:30 p.m.
1988RedT2 wrote:
Appleseed wrote: Why not make them out of a cheaper metal?
There really isn't much that's cheaper than zinc. Maybe they could use plastic?

Yeah like plastic with a little magnetic strip... hmmmm and my name on it...

pinchvalve
pinchvalve PowerDork
4/3/12 12:32 p.m.

While you are at it, ditch the dollar bill...it is the paper penny. Give me a dollar coin any day.

stuart in mn
stuart in mn UberDork
4/3/12 12:36 p.m.

I don't mind pennies at all.

1988RedT2
1988RedT2 SuperDork
4/3/12 12:50 p.m.

I don't mind them either, but why should the US Govt be spending 2 cents to make a 1 cent coin? It's just one more way they're pissing away taxpayer dollars. We should demand an end to it, not defend it.

JoeyM
JoeyM GRM+ Memberand SuperDork
4/3/12 1:09 p.m.
z31maniac wrote: ^Add in to that, the American economy is only about 6% cash based. So not really a big deal.

[vows to start spending more cash]

93EXCivic
93EXCivic UltimaDork
4/3/12 1:10 p.m.
pinchvalve wrote: While you are at it, ditch the dollar bill...it is the paper penny. Give me a dollar coin any day.

Bills are sooooo much more useful then coins. You can't shove coins in your wallet and they get annoying rolling around in your pocket and they fall out etc.

MG Bryan
MG Bryan Dork
4/3/12 1:12 p.m.

http://www.youtube.com/watch?v=DO1Q7F23DxM

slantvaliant
slantvaliant Dork
4/3/12 1:15 p.m.
93EXCivic wrote:
pinchvalve wrote: While you are at it, ditch the dollar bill...it is the paper penny. Give me a dollar coin any day.
Bills are sooooo much more useful then coins. You can't shove coins in your wallet and they get annoying rolling around in your pocket and they fall out etc.

Try using that bill to turn a screw. Or to make a front sight.

Streetwiseguy
Streetwiseguy SuperDork
4/3/12 1:16 p.m.
carguy123 wrote:
mtn wrote: So if something is $5.02, I pay $5.00.
REALLY? You honestly believe any company will round down? Companies are going to volunteer to cut prices? No, they'll manipulate their price so that you always pay more.

Anyone who understands the law of averages will accept it.

ValuePack
ValuePack Dork
4/3/12 1:19 p.m.

Well, I for one welcome our penny overlords. You turds hate them and literally toss them into wastebaskets, on the ground, leave them at the counter where you recieved them... I pick them up. Roll it all once the jar is full every few months, it goes directly to my kids' college funds. Few thousand in each over the last 7 years or so.

I'll take my free money, please.

Appleseed
Appleseed PowerDork
4/3/12 2:34 p.m.
slantvaliant wrote:
93EXCivic wrote:
pinchvalve wrote: While you are at it, ditch the dollar bill...it is the paper penny. Give me a dollar coin any day.
Bills are sooooo much more useful then coins. You can't shove coins in your wallet and they get annoying rolling around in your pocket and they fall out etc.
Try using that bill to turn a screw. Or to make a front sight.

Or try and get candy out of a vending machine. Ever go berserk because you've been trying to stuff a tattered bill in one? I haven't had that happen with a coin.

JoeyM
JoeyM GRM+ Memberand SuperDork
4/3/12 2:34 p.m.

I save all my pennies; actually I save all my change. I put it all into a big jar....last time I spent it, I bought an xbox, wheel and forza. The time before that, I bought the band saw that I used to cut all the tube for the chassis in my datsun replica. (That's why I called my build site "Penny Ante Racing"....of course, I update my thread here more often than the website.)

Otto Maddox
Otto Maddox SuperDork
4/3/12 2:36 p.m.

Why don't you penny savers put all your dollar bills in a jar when you get home each day. You'd get ten times as much E36 M3 when you emptied the jar?

carguy123
carguy123 PowerDork
4/3/12 2:37 p.m.
Anyone who understands the law of averages will accept it.

You presume businesses would operate that way, but unfortunately the prices would change by a cent to 2 so that they got to take advantage of the averaging laws. Guess who will come out on the short end of the stick?

Giant Purple Snorklewacker
Giant Purple Snorklewacker UltimaDork
4/3/12 2:37 p.m.
Otto Maddox wrote: Why don't you penny savers put all your dollar bills in a jar when you get home each day. You'd get ten times as much E36 M3 when you emptied the jar?

Did the accountant just say a dollar is only 10x a penny?

Otto Maddox
Otto Maddox SuperDork
4/3/12 2:40 p.m.

In reply to Giant Purple Snorklewacker:

Yes, yes I did. And while I was being an ass.

Osterkraut
Osterkraut UltraDork
4/3/12 2:40 p.m.
ValuePack wrote: Well, I for one welcome our penny overlords. You turds hate them and literally toss them into wastebaskets, on the ground, leave them at the counter where you recieved them... I pick them up. Roll it all once the jar is full every few months, it goes directly to my kids' college funds. Few thousand in each over the last 7 years or so. I'll take my free money, please.

When I was in primary school, the local high school was right across the road. Kids would drop pennies from the change from their lunches in all the "hangout" spots, so before school I'd always go and collect them so I could afford to get ice cream with my lunch sometime. To this day I never leave a coin on the ground.

JoeyM
JoeyM GRM+ Memberand SuperDork
4/3/12 2:43 p.m.
Giant Purple Snorklewacker wrote:
Otto Maddox wrote: Why don't you penny savers put all your dollar bills in a jar when you get home each day. You'd get ten times as much E36 M3 when you emptied the jar?
Did the accountant just say a dollar is only 10x a penny?

I occasionally do. If my wallet is too full of ones, I'll toss a few in. I occasionally drop a 10 or 20 in, too.

Otto Maddox
Otto Maddox SuperDork
4/3/12 2:45 p.m.

I pick up pennies when I run. My little one loves the clink into her piggy bank. Other than that, I have no use for pennies. And by that measure, running is paying at most a penny per mile. And most of that happens on big money days, like yesterday when I find a dime.

Giant Purple Snorklewacker
Giant Purple Snorklewacker UltimaDork
4/3/12 2:46 p.m.
Otto Maddox wrote: In reply to Giant Purple Snorklewacker: Yes, yes I did. And while I was being an ass.

I missed the sarcasm flags.

If they take away the pennies what will I clean model railroad and slot car tracks with? What will we throw at ugly strippers to let them know we are displeased with their C-section scars?

SillyImportRacer
SillyImportRacer HalfDork
4/3/12 2:50 p.m.

Do we loose enough pennies out of circulation to actually need to make more every year?

Also, I see this the same way I see nationalized health care and the desire of some political groups to want to make the U.S.A. Like European countries. If I wanted to live like a European, I'd move to Europe.

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