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#1
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Banning Pennies
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#2
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Hope not I have a whole barrel of them.
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For the Saved, this world is the worst it will ever get. For the unSaved, this world is the best it will ever get. Clk's Ebay Stuff BUY SOMETHING NOW!!! |
#3
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LOL, mikes bikes is across the street from my old work. I can totally see it in the owner.
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CENSORED due to not family friendly words |
#4
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You can still buy penny candy around here, why ban them?
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1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200 |
#5
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why not ban the 9/10th of a penny on gas???what is the purpose?maybe in 1920 when a tenth of a penny actually was worth something but nowadays it is just a pain in the ass!
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#6
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You can never buy exactly one gallon of gas and pay cash.
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#7
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I'd support this. They are kinda pointless aren't they....
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1982 300GD Carmine Red (DB3535) Cabriolet Parting Out 1990 300SEL Smoke Silver (Parting out) 1991 350SDL Blackberry Metallic (481) "The thing is Bob, its not that I'm lazy...its that I just don't care." |
#8
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If you think about it as a way for the government to cut some needless spending, it seems like a promising idea.
Material costs for metals is way up there. I think I read somewhere that a single penny can cost 1.5-2 cents to make depending on metal prices. If they were still all copper it would be a whole lot more. They put 7 million into production every year. Its not going to make a huge dent in the deficit obviously, but any "token" cut back to something with almost no adverse effect worth doing. Electronic transactions can still go by the nearest penny. Heck, stores can choose to still accept pennies, who cares. Just quit making them. About 5 years ago we found a secret closet within a closet at my grandmother's house. Inside my long deceased grandfather (1926-2000) had stashed some documents, a few gold/silver bars, old coins and $200 worth of pre-1982 95% copper pennies; he methodically labeled what he paid for all of them in the mid 80s. It wasn't like we amassed a hidden fortune, just a small stash he kept as a hobby. I believe the pennies had just about doubled up. The Gold and silver did much better obviously. If we had hung on to the gold, nowadays...
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1985 500SL Euro w/ AMG bits 130k 1984 300SD Turbodiesel 192k 1980 240D Stick China 188k 2001 CLK55 AMG 101k 2007 S600 Biturbo 149k Overheated Project, IT'S ALIVE!!! |
#9
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Find some change machine service and see if you can sell them. I read once that the mint spends some large amount - around $100 million - every year to make new pennies to replace the ones people store in coffee cans.
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1986 300SDL, 362K 1984 300D, 138K |
#10
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We'd save more money by eliminating the one dollar bill and using a coin. I believe I read the average longevity of the bill is about 18 months. It's pretty common to find 40 year old pennies.
Initial cost would be a bugger but the long term pay off would be huge savings. |
#11
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Do away with currency - everyone gets a chip in their arm!
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BENZ THERE DONE THAThttp://www.peachparts.com/shopforum/...c/progress.gif 15 VW Passat TDI 00 E420 98 E300 DT 97 E420 Donor Car - NEED PARTS? PM ME! 97 S500 97 E300D 86 Holden Jackaroo Turbo D 86 300SDL (o\|/o) |
#12
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There is one at the local Krogers, but they want 10% and I am NOT going to give them 10% of my pennies.
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For the Saved, this world is the worst it will ever get. For the unSaved, this world is the best it will ever get. Clk's Ebay Stuff BUY SOMETHING NOW!!! |
#13
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Quote:
Umm...just stop printing dollar bills and...umm...only make dollar coins and voila!
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1980 300TD-China Blue/Blue MBTex-2nd Owner, 107K (Alt Blau) OBK #15 '06 Chevy Tahoe Z71 (for the wife & 4 kids, current mule) '03 Honda Odyssey (son #1's ride, reluctantly) '99 GMC Suburban (255K+ miles, semi-retired mule) 21' SeaRay Seville (summer escape pod) |
#14
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Quote:
We call the dollar coin a '' loony '' because it has a loon on the back side. The two dollar coin ended up with '' toony '' for obvious reasons even though it has a polar bear on the back side. The Queen is on the front side. |
#15
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NOT ME.
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For the Saved, this world is the worst it will ever get. For the unSaved, this world is the best it will ever get. Clk's Ebay Stuff BUY SOMETHING NOW!!! |
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