Getting rid of the penny coin?

[X*Cell]

Re: Getting rid of the penny coin?

do you have to pay a fee when you dump your coins in??? (like when you take out money from an ATM that isn't your bank's atm).

[prvev2]

Re: Getting rid of the penny coin?

do you have to pay a fee when you dump your coins in??? (like when you take out money from an ATM that isn't your bank's atm).

The machine takes a certain percentage of what you dump into the machine and keeps it.

[23]

Re: Getting rid of the penny coin?

I'd rather keep the cash and coins than to completely abandon it. If its not broke, dont fix it. Pennies make dollars, sorry, wont be throwing them away

[BigRed]

Re: Getting rid of the penny coin?

The machine takes a certain percentage of what you dump into the machine and keeps it.

If you don't want to pay the fee, which isn't that high to begin with, then you can always roll your coins and cash them in at the bank.

No fee.

[ComfortablyLomb]

Re: Getting rid of the penny coin?

I'll happily pick up a penny.

And a move to a worldwide currency is called socialism. I hope it never happens in my lifetime.

...what?

I wouldn't worry about it happening in your lifetime though so I guess you may resume wearing your tin foil hat.

[Dallasin2K3]

Re: Getting rid of the penny coin?

One of the reasons people are thinking of dumping the Penny is that it actually costs 1.4 cents to make one penny. You know you have problems when the production costs more then the final product.

The same is now true of the Nickel as well.

[The C]

Re: Getting rid of the penny coin?

I say we go back to pieces of gold and other precious medals.

[LiquidCrash]

Re: Getting rid of the penny coin?

If you don't want to pay the fee, which isn't that high to begin with, then you can always roll your coins and cash them in at the bank.

No fee.

At my bank they told me I didn't even have to roll them, still no fee. I used to go to Coinstar, but now I just go there, obviously.

I don't really like pennies, but I don't see a reason to just throw my money away, even if it's only a penny.

[mgoblue]

Re: Getting rid of the penny coin?

I hope the US doesn't move to dollar coins instead of bills...i hate having a pocketful of change that jingles all the time

[BatsareBugs]

Re: Getting rid of the penny coin?

Hmm. I guess it runs in the Knowles' then .

He should've checked if any of those were old wheat pennies or something.

[Kevin26385]

Re: Getting rid of the penny coin?

My daughter gets all my change from pennies to silver coins. She racked up almost 40 bucks in just 5 months and we counted it almost 5 months ago. I would say 5-10 bucks were from pennies. You guys must be silly to throw away any lose change. Coinstar is your friend.

I agree

My parents collected change for awhile, just to see what would happen. Well we went to florida and they counted up all the change.

All 3 kids ( including me, obviously) got 80 dollars..From a bunch of change.

[ODogg]

Re: Getting rid of the penny coin?

Why don't we just go back to the barter system? So like when we go to buy Madden we'd give EBGames a guinea pig, 24 hamsters and a head of week old lettuce instead of $60.

[GeePee20]

Re: Getting rid of the penny coin?

Seems stupid to get rid of the penny. Everything would have to be rounded off to numbers divisible by 5.

[RandyMoss84]

Re: Getting rid of the penny coin?

Seems stupid to get rid of the penny. Everything would have to be rounded off to numbers divisible by 5.

yeah everything would easier to add up then

[BigRed]

Re: Getting rid of the penny coin?

yeah everything would easier to add up then

If adding is your problem, then counting money is the last thing you should be in charge of.

Seems stupid to get rid of the penny. Everything would have to be rounded off to numbers divisible by 5.

Actually, everything would be rounded UP.