Penny and Nickel Coins to be Phased Out in 2013 | |
BRIEF User ID: 28454476 United States 11/26/2012 07:27 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 28269986 Australia 11/26/2012 07:36 AM Report Abusive Post Report Copyright Violation | 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. Quoting: Huckelberry [link to skewnews.com] that the U.S. Mint will remove the penny and nickel coins from circulation, starting early in January 2013 We got rid of them 20 years ago. They're no longer in circulation but they're still legal tender. |
Anonymous Coward User ID: 28508707 United States 11/26/2012 07:37 AM Report Abusive Post Report Copyright Violation | As long as gasoline is priced to the TENTH of a cent, the penny will survive. Quoting: Anonymous Coward 1306067 PERIOD I have about a billion of them stored in buckets... Me too. I estimate my net worth at about 35 trillion dollars. So doubt they'll ever do me much good. But I'll have ALL the money eventually. I am also holding 17 trillion in $2 bills. Not sure why I do this but... My story is more exaggerated than yours. |
Anonymous Coward User ID: 28269986 Australia 11/26/2012 07:39 AM Report Abusive Post Report Copyright Violation | 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. Quoting: Brian Moser Cool story, eh? did you use those coin machines or did you roll up the coins by hand? I'm lazy and used the Coinstar machine. 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. Roll them by hand? What the? We just take coins into the bank, they count it for us by weighing it. |
Anonymous Coward User ID: 28269986 Australia 11/26/2012 07:41 AM Report Abusive Post Report Copyright Violation | Ok so when you go to the store and buy things..stuff always doesn't come out even..how would they make "change" if there isn't any pennies or nickles? Quoting: Anonymous Coward 16553491 We round up or down. 3 cents becomes 5 cents. 7 cents becomes 5 cents. Etc. if you're paying with card then there is no need to round off. |
Anonymous Coward User ID: 24392638 United States 11/26/2012 07:42 AM Report Abusive Post Report Copyright Violation | 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. Quoting: Brian Moser Cool story, eh? did you use those coin machines or did you roll up the coins by hand? I'm lazy and used the Coinstar machine. 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. Take it to your own bank where they will count it for nothing on their coin machine. |
Anonymous Coward User ID: 28508707 United States 11/26/2012 07:45 AM Report Abusive Post Report Copyright Violation | Ok so when you go to the store and buy things..stuff always doesn't come out even..how would they make "change" if there isn't any pennies or nickles? Quoting: Anonymous Coward 16553491 We round up or down. 3 cents becomes 5 cents. 7 cents becomes 5 cents. Etc. if you're paying with card then there is no need to round off. I would like to apologize for all of us stupid Americans! We will through pennies on the ground but then can't figure out how we would handle not having them. Do the Arab places always just round up? |
Anonymous Coward User ID: 28508707 United States 11/26/2012 07:47 AM Report Abusive Post Report Copyright Violation | Ok so when you go to the store and buy things..stuff always doesn't come out even..how would they make "change" if there isn't any pennies or nickles? Quoting: Anonymous Coward 16553491 We round up or down. 3 cents becomes 5 cents. 7 cents becomes 5 cents. Etc. if you're paying with card then there is no need to round off. I would like to apologize for all of us stupid Americans! We will throw pennies on the ground but then can't figure out how we would handle not having them. Do the Arab places always just round up? |
Anonymous Coward User ID: 28269986 Australia 11/26/2012 07:48 AM Report Abusive Post Report Copyright Violation | Ok so when you go to the store and buy things..stuff always doesn't come out even..how would they make "change" if there isn't any pennies or nickles? Quoting: Anonymous Coward 16553491 We round up or down. 3 cents becomes 5 cents. 7 cents becomes 5 cents. Etc. if you're paying with card then there is no need to round off. I would like to apologize for all of us stupid Americans! Lol. I was actually surprised to hear that you still have them when we got rid of them so long ago. |
Anonymous Coward User ID: 28508707 United States 11/26/2012 07:56 AM Report Abusive Post Report Copyright Violation | It's funny, people are constantly talking about hyper inflation. But can't understand we can move the decimal point and pennies are gone (and no need for them) Just like the half penny before. If you were at a store and the cashier said comes to $1.505 you would be like wtf! I'll give you the $1.50, so it will be the same with a full penny soon enough. If you can get stupid ass people to understand may be a different question. |
BRIEF User ID: 381742 United States 11/26/2012 08:41 AM Report Abusive Post Report Copyright Violation | As long as gasoline is priced to the TENTH of a cent, the penny will survive. Quoting: Anonymous Coward 1306067 PERIOD I have about a billion of them stored in buckets... Me too. I estimate my net worth at about 35 trillion dollars. So doubt they'll ever do me much good. But I'll have ALL the money eventually. I am also holding 17 trillion in $2 bills. Not sure why I do this but... My story is more exaggerated than yours. You're retarded...the point is that many people like me that collect coins are holding them out of circulation...I always grab a bill instead of digging for the change, because I want the coins to sort through... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 22687793 United States 11/26/2012 08:48 AM Report Abusive Post Report Copyright Violation | 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. Quoting: Huckelberry [link to skewnews.com] that the U.S. Mint will remove the penny and nickel coins from circulation, starting early in January 2013 You're the perfect example of what is wrong with most of society. You believe everything you read on the Internet when the truth is staring you in the face. Look at the web site URL again. Doesn't its name SKEW NEWS set off any buzzers? Why not go to its home page? What do you see? That it's a parody web site of course! Moron. Moran. Or as the elites call you, "useless eater". |
Anonymous Coward User ID: 21300769 United States 11/26/2012 08:56 AM Report Abusive Post Report Copyright Violation | |
ParallaxPam User ID: 15366249 United States 11/26/2012 09:03 AM Report Abusive Post Report Copyright Violation | 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. Roll them by hand? What the? We just take coins into the bank, they count it for us by weighing it. Yes, U.S. banks put them in a machine and sort and count them. If you have an account with a bank they do it for free. I don't know why anyone would pay those CoinStar machines. Most banks won't take them if they are rolled. That rolling idea always seemed stupid to me. Think how easy it was to add objects that were same size as the coins in that paper roll. metal washers, buttons, etc. |
Anonymous Coward User ID: 22213691 United States 11/29/2012 05:34 PM Report Abusive Post Report Copyright Violation | 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. Quoting: Huckelberry [link to skewnews.com] that the U.S. Mint will remove the penny and nickel coins from circulation, starting early in January 2013 You're the perfect example of what is wrong with most of society. You believe everything you read on the Internet when the truth is staring you in the face. Look at the web site URL again. Doesn't its name SKEW NEWS set off any buzzers? Why not go to its home page? What do you see? That it's a parody web site of course! Moron. Moran. Or as the elites call you, "useless eater". Sadly, a lot of people don't know or comprehend that SkewNews, the Onion, and others are parodies or satire, and they take it as gospel truth. so I understand your frustration and rant about morans. But, the penny-nickle issue was also in Wall Street Journal. of course mainstream media is just as much of a joke and parody as Skew News or the Onion, so that doesn't actually help much. :) [link to blogs.wsj.com] |
Undestroyer Truth User ID: 21232567 United States 11/29/2012 10:20 PM Report Abusive Post Report Copyright Violation | 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. Quoting: Huckelberry [link to skewnews.com] that the U.S. Mint will remove the penny and nickel coins from circulation, starting early in January 2013 You're the perfect example of what is wrong with most of society. You believe everything you read on the Internet when the truth is staring you in the face. Look at the web site URL again. Doesn't its name SKEW NEWS set off any buzzers? Why not go to its home page? What do you see? That it's a parody web site of course! Moron. Moran. Or as the elites call you, "useless eater". Sadly, a lot of people don't know or comprehend that SkewNews, the Onion, and others are parodies or satire, and they take it as gospel truth. so I understand your frustration and rant about morans. But, the penny-nickle issue was also in Wall Street Journal. of course mainstream media is just as much of a joke and parody as Skew News or the Onion, so that doesn't actually help much. :) [link to blogs.wsj.com] Nice You cannot destroy my vision when you see my vision undestroyed because I am just an undestroyer. Thread: Food Combining Made Easy by Herbert Shelton a progenitor from the Natural Hygienist Movement "I am a hunter of peace, one who chases the elusive mayfly of love... errr something like that." -Vash the Stampede |
Kirk User ID: 25384388 United States 11/29/2012 10:37 PM Report Abusive Post Report Copyright Violation | That's what they said about the two dollar bill, so I bought a brick of them...all sequential and still in the shrink wrap...still worth $2 each... Quoting: BRIEF Paper is still paper. Metal value changes constantly. Dum Dum The point is retard, the value of items usually goes up when they stop making them... No dumbass! When copper prices soar and people melt pennies and eventually nickels, it reduces the amount of said coins therefore increasing the value on those coins. But figure you and a bunch of other people bought a bunch of $2 bills and no one melted them. Since melting paper just doesn't seem to work. There is still as many $2 bills out there just not being used (therefore 90% are still mint condition) pennies are not copper anymore. Government is a body largely ungoverned. |
Anonymous Coward User ID: 28256524 United States 11/29/2012 10:38 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 28538950 United States 11/29/2012 10:58 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 12361189 United States 11/29/2012 10:58 PM Report Abusive Post Report Copyright Violation | 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. Quoting: Brian Moser Cool story, eh? did you use those coin machines or did you roll up the coins by hand? I'm lazy and used the Coinstar machine. 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. Don't be a fool, check out all coins from 1964 back. The silver content is not much, but after that date they made silly money, no silver content at all. Particularly quarters and di mes. |
Anonymous Coward User ID: 28614102 United States 11/29/2012 11:03 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 8915967 United States 11/29/2012 11:04 PM Report Abusive Post Report Copyright Violation | 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. Quoting: Huckelberry [link to skewnews.com] that the U.S. Mint will remove the penny and nickel coins from circulation, starting early in January 2013 |
Anonymous Coward User ID: 28751060 United States 11/29/2012 11:12 PM Report Abusive Post Report Copyright Violation | 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. Quoting: Huckelberry [link to skewnews.com] that the U.S. Mint will remove the penny and nickel coins from circulation, starting early in January 2013 story I read earlier today said that they are going to start in 2013 making the coins out of stainless steel, because they cost to much now. If they are going to remove them from circulation, then it is to inflate prices....make everything cost more, probably |
Anonymous Coward User ID: 28751060 United States 11/29/2012 11:14 PM Report Abusive Post Report Copyright Violation | they all add up. Besides, they have "In God We Trust" stamped on them....shouldn't throw that away. Also, check them out...many of them have "errors" on them which makes them worth a lot of money. Check it out! |
Anonymous Coward User ID: 27428056 Canada 11/29/2012 11:17 PM Report Abusive Post Report Copyright Violation | |
BRIEF User ID: 381742 United States 11/30/2012 10:26 AM Report Abusive Post Report Copyright Violation | I thinks that's funny, because I pick them up...I have buckets full of pennies... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 28404778 United States 11/30/2012 10:57 AM Report Abusive Post Report Copyright Violation | |