ETers, what do you do with your pennies?

[hcour]

I rarely use cash anymore. I use my debit card for almost everything, unless some place won't take it. (To which my response to them is "You don't take debit cards? You do know this is 2006, right?") I carry around a few bucks at the most. I remember yrs ago when I was a kid all the talk about the future being a "cashless" society. We're pretty much there as far as I'm concerned. Of course, we still don't have the flying cars they promised us.

As for the few pennies I end up with, I throw them in the trash.

H

 

[Bearbelly]

I have a five gallon tin and have been throwing my change in there for several years. Its just about full and I need to get another one. Have no idea how much is in there. Figure I will need it some day.

 

[Pekelo]

I take it to the Treasury once a month. They pay 1.3 cents per penny, because it costs them 1.5, so everybody wins...

 

[Pa(b)st Prime]

Quote from Dr. Zhivodka:

I trade them for dimes.

I started saving dimes from my pocket change just as a lark about 2 years ago after reading about a guy who had been saving pennies for 20 years.

I roll them in rollers and put them in boxes in my garage. I put the boxes on a pallet because I figured one day it would be so heavy I'd have to move it with a forklift. I have over $6000 in dimes already.

Don't save pennies ...save your dimes. Ten times the value at half the weight.

Quote from riskarb:

I started saving quarters in a Hinckley and Schmidt 5 gallon jug while in kindergarten. By the time I was 18 I had >$16,000 in that jug. I opened a sub account in my parent's Oppenheimer account with the funds.

You guy's in IV are pikers. I started driving a Good Humor truck when I was seven. Nailed a shitload of 5 year old chicks with that gig. As a 15yo I had over 200k in change. My mom was a syndicate hat check girl and she'd saved over 50k on her own. We pooled our change and brought it down to Myron who ran the biggest pawn shop/juice loan/policy wheel joint in the neighborhood. Myron "reinvested" the money for us as loans to the schvartzes who bought 50 cent tickets on credit. Back then juice rates were Fed Funds+17,000bp. To this day we keep our money with Myron's sons Shelly and Syd who've gone "legit" as cigarette machine/restaurant linen suppliers. Their IPO is due in the next few weeks....

 

[romik]

recycle

 

[ElectricSavant]

Is this a joke? 30% on your money?...he he...there is a run on pennies!!!!

by the way when you melt them down for copper you better have a letter of origin and a room reserved in the prison system...

Quote from Pekelo:

I take it to the Treasury once a month. They pay 1.3 cents per penny, because it costs them 1.5, so everybody wins...

 

[ElectricSavant]

Finally an explanation of our deficit...!!!!

Quote from Pekelo:

I take it to the Treasury once a month. They pay 1.3 cents per penny, because it costs them 1.5, so everybody wins...

 

[Pekelo]

Quote from ElectricSavant:



by the way when you melt them down for copper

Who said anything about melting? I am definiatelly not melting anything, and why would the Treasury do that? They already got the little used pennies from me. Maybe a little acid bath but that's it, ready to go...

P.S.: When was the last time I joked?

 

[riskarb]

Quote from Pa(b)st Prime:

Back then juice rates were Fed Funds+17,000bp.

hahaha

 

[peilthetraveler]

Quote from riskarb:

I started saving quarters in a Hinckley and Schmidt 5 gallon jug while in kindergarten. By the time I was 18 I had >$16,000 in that jug. I opened a sub account in my parent's Oppenheimer account with the funds.

Im calling Bullshit on this. I put ALL my change for real in a coin counter and cash it out every 6 months or so. I usually get around 100 bucks or so for it.

so you in 13 years had to have put 13 to 14 quarters a day in that thing everyday for 13 years. Im sorry, but nobody gets that much change in quarters a day, every day for 13 years.

I do know someone who put all their change in a 10 gallon water container all the time for i think it was 10 or 15 years. They only had a few 1000 dollars and they bought a car with it (back in the 80s)