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Penny and Nickel Coins to be Phased Out in 2013
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[quote:Brian Moser:MV8yMDYzMDQwXzM0NzA3MTk3XzdDNUYyMjI5] [quote:mrmuffins69:MV8yMDYzMDQwXzM0NzA3MTUxXzM5ODlDODEw] [quote:Brian Moser:MV8yMDYzMDQwXzM0NzA3MTM3Xzg2QjBDQUEz] [quote:mrmuffins69:MV8yMDYzMDQwXzM0NzA3MDYwXzY0NjFDMTcy] [quote:Brian Moser:MV8yMDYzMDQwXzM0NzA3MDQwXzU2NTdBM0Yw] This doesn't have much\anything to do with the thread per se, but about a month ago, I cashed in my proverbial jar of pennies and nickels and ended up with an extra $53.23. Cool story, eh? [/quote] did you use those coin machines or did you roll up the coins by hand? [/quote] I'm lazy and used the Coinstar machine. [/quote] how long did it take you? i still have my piggy bank from when i was a youngling thing weighs at least 20 lbs, i can either use coinstar which saves time but will be charged 10 cents for every dollar or spend hours rolling coins. [/quote] It couldn't have been more than 5 minutes. I want to say the charge is 9% but I don't remember exactly. I mean, for the time it saved, it was worth it in my opinion. Edit: It's 9.8% here unless you get a store credit (which I believe waives the fee). [/quote]
Earlier this week Canada announced that they would be phasing out their penny coin. On the heels of the Canadian announcement, U.S. Treasury Secretary, Tim Giethner stated in a press conference today that the U.S. Mint will remove the penny and nickel coins from circulation, starting early in January 2013.
link to skewnews.com
that the U.S. Mint will remove the penny and nickel coins from circulation, starting early in January 2013
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