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Re: Ditching Pennies. [Re: Macthediver] #8339265
02/11/25 04:12 PM
02/11/25 04:12 PM
Joined: Dec 2008
Posts: 31,264
Eastern Shore of Maryland
HobbieTrapper Offline
"Chippendale Trapper"
HobbieTrapper  Offline
"Chippendale Trapper"

Joined: Dec 2008
Posts: 31,264
Eastern Shore of Maryland
Melt them down and make little statues of DJT. That’ll drive the media and TDS sufferers nuts.


-Goofy
Re: Ditching Pennies. [Re: Macthediver] #8339268
02/11/25 04:14 PM
02/11/25 04:14 PM
Joined: Dec 2006
Posts: 4,102
coastal ny
G
gcs Online content
trapper
gcs  Online Content
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Joined: Dec 2006
Posts: 4,102
coastal ny
Take em...and you can make nickels out of whatever metal is cheapest...along with dimes and quarters why is this an issue,? lol grin

Re: Ditching Pennies. [Re: BigBob] #8339336
02/11/25 05:28 PM
02/11/25 05:28 PM
Joined: May 2013
Posts: 3,367
Green Bay, Wisconsin
tlguy Offline
trapper
tlguy  Offline
trapper

Joined: May 2013
Posts: 3,367
Green Bay, Wisconsin
Originally Posted by BigBob
As I understand it, The penny ain't going anywhere because Lincoln's likeness is on it, and Illinois has a great deal of influence in that decision.


Where was Illinois vast influence when Lincoln's statue was removed in Boston in 2020? I don't think Trump gives to poos who's face is on the coin.

Re: Ditching Pennies. [Re: Tommyran] #8339428
02/11/25 07:21 PM
02/11/25 07:21 PM
Joined: Dec 2006
Posts: 3,857
Moved to Fbks, Ak.
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martentrapper Offline
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martentrapper  Offline
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Joined: Dec 2006
Posts: 3,857
Moved to Fbks, Ak.
Originally Posted by Tommyran
The man is mentally defective. He proves it every time he opens his mouth. Musk and Vance are no better.

You voted for Kamala?

Re: Ditching Pennies. [Re: martentrapper] #8339456
02/11/25 07:43 PM
02/11/25 07:43 PM
Joined: Nov 2011
Posts: 5,408
Idaho Falls, ID
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Grandpa Trapper Offline
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Joined: Nov 2011
Posts: 5,408
Idaho Falls, ID
Originally Posted by martentrapper
Originally Posted by Tommyran
The man is mentally defective. He proves it every time he opens his mouth. Musk and Vance are no better.

You voted for Kamala?


People with TDS are going to have a long four years. Thats okay, we Conservatives just had a long four years with the man with Dementia

Re: Ditching Pennies. [Re: tlguy] #8339530
02/11/25 08:47 PM
02/11/25 08:47 PM
Joined: Feb 2008
Posts: 1,712
WI
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BvrRetriever Online content
trapper
BvrRetriever  Online Content
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B

Joined: Feb 2008
Posts: 1,712
WI
Originally Posted by tlguy
Something to consider... yes pennies cost almost $0.04 to mint, but a nickel costs closer to $0.14. So if you're rounding to the nickel, those cost almost an extra dime to mint. Maybe we need to *gasp* follow the Canadian model and re-think the metal content of our nickels. The Canadian nickel is mostly zinc.

I believe Canada stopped minting pennies in 2012 and stopped using them in 2013. Did the Canadian government buy back pennies that were already in circulation? Would the US government buy back american pennies at face value?


Why not eliminate the nickel too? Who cares who buys back what if it increases prices? Maybe we should go to card only….there’s only a 3-4% charge for that.

Re: Ditching Pennies. [Re: KeithC] #8339655
02/11/25 10:12 PM
02/11/25 10:12 PM
Joined: Jan 2014
Posts: 8,313
Virginia
5
52Carl Offline
trapper
52Carl  Offline
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Joined: Jan 2014
Posts: 8,313
Virginia
Originally Posted by KeithC
Originally Posted by 52Carl
The last coin that was discontinued was the half cent. If you adjust for inflation, that would be synonymous with ditching the dime today. Penneys represent an insignificant digit. You haven't been able to buy anything for a penny for many years now. Same can be said for the nickel.
You can drill a hole in a nickel to make a rust free washer. A stainless steel washer will cost you half a dollar.


Trimes and two cent pieces were discontinued in 1873. Half cents were discontinued in 1854. Trimes and 2 cent pieces were discontinued 19 years after half cents were. I have about a dozen trimes including both the silver and nickel ones. I only have 3 two cent pieces.

The only smaller coins I have than trimes are Mexican, Maximillian I gold pesos.

Keith

Nice catch Keith. I shoulda knowd that. I have trimes and two cents pieces. Do you reckon they ditched those two coins just to simplify making change?

Re: Ditching Pennies. [Re: Macthediver] #8340024
02/12/25 11:15 AM
02/12/25 11:15 AM
Joined: Aug 2010
Posts: 11,339
Asheville, NC
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charles Offline
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charles  Offline
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Asheville, NC
The one dollar bill could be next, in favor of a coin.

Re: Ditching Pennies. [Re: Ron Marsh] #8340030
02/12/25 11:20 AM
02/12/25 11:20 AM
Joined: Feb 2020
Posts: 11,855
Indiana
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Providence Farm Offline
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Providence Farm  Offline
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Indiana
Originally Posted by Ron Marsh
pennies are to pay sales tax. I am for keeping them. Gas prices would change by the dime instead 0f a cent. good by $9.99 welcome $10.00


this and my states sales tax is 7% hard to do that without pennies.

Re: Ditching Pennies. [Re: charles] #8340034
02/12/25 11:24 AM
02/12/25 11:24 AM
Joined: Dec 2006
Posts: 19,295
Rodney,Ohio
SNIPERBBB Offline
trapper
SNIPERBBB  Offline
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Joined: Dec 2006
Posts: 19,295
Rodney,Ohio
Originally Posted by charles
The one dollar bill could be next, in favor of a coin.

They tried that with the dollar coins not too long ago and didn't catch on. People rather deal with with folding money. Plus it's cheaper to make folding money though the lifespan is shorter.

Re: Ditching Pennies. [Re: martentrapper] #8340044
02/12/25 11:29 AM
02/12/25 11:29 AM
Joined: Dec 2006
Posts: 17,267
MN, Land of 10,000 Lakes
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Trapper7 Offline
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T

Joined: Dec 2006
Posts: 17,267
MN, Land of 10,000 Lakes
Originally Posted by martentrapper
Originally Posted by Tommyran
The man is mentally defective. He proves it every time he opens his mouth. Musk and Vance are no better.

You voted for Kamala?

Mentally defective? Considering it costs almost 4 cents to make a one cent coin, it's called common sense, a term the left isn't familiar with.


My doctor suggested I start doing squats, so I moved all the beer to the bottom shelf of my fridge.
Re: Ditching Pennies. [Re: Providence Farm] #8340054
02/12/25 11:48 AM
02/12/25 11:48 AM
Joined: May 2013
Posts: 3,367
Green Bay, Wisconsin
tlguy Offline
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tlguy  Offline
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Posts: 3,367
Green Bay, Wisconsin
Originally Posted by Providence Farm
Originally Posted by Ron Marsh
pennies are to pay sales tax. I am for keeping them. Gas prices would change by the dime instead 0f a cent. good by $9.99 welcome $10.00


this and my states sales tax is 7% hard to do that without pennies.


Pennies are for change, don't tell me ypu walk around with a pocket full of change and pay with it. It's been done successfully in other countries, no reason we can't figure it out also. It all works out in the end with rounding. Final prices ending in 1, 2, 8 and 9 get rounded to 0, prices ending in 3, 4, 6 and 7 round to 5. And when you pay with card you pay the exact amount.

Re: Ditching Pennies. [Re: Macthediver] #8340056
02/12/25 11:54 AM
02/12/25 11:54 AM
Joined: Feb 2020
Posts: 11,855
Indiana
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Providence Farm Offline
trapper
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P

Joined: Feb 2020
Posts: 11,855
Indiana
tlguy. you notice when rounding you always round up. And some of us like paying with cash. Yes I pay with a card more than I like since I don't get to the bank often or collect rent from the rent house that always pays in cash.

Going to a cashless society I figured would be brought up. you can be locked out of buying and selling with the push of a button. That's the direction we are headed And if you enjoy freedom cash needs to be keep alive.

Re: Ditching Pennies. [Re: KeithC] #8340059
02/12/25 11:57 AM
02/12/25 11:57 AM
Joined: Nov 2014
Posts: 2,145
east central WI
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Dirty D Offline
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Joined: Nov 2014
Posts: 2,145
east central WI
Originally Posted by KeithC
I spend all pennies made after 1982 and keep all made before. I've done that since the late eighties.

Keith


reminds me of my Dad. Every time he got change he'd stow away any wheat pennies. Been doing that since the '40's.
Of course he never did anything with them. After hoarding for 6 decades he couldn't let go.
So after he died my Mom told me to get rid of all his coins that he squirreled away.
I got .02 for every wheat penny and I got a list of desirable ones. Went thru all those pennies to find the desirable ones.
End up with about 1/2 dozen "desirable" ones. Trouble is they were all worn and not worth much. After all like most rare collectable stuff its all about condition.

End result of all his hoarding was just over $200. Yes, he had over 10,000 wheat pennies.
6 decades of hoarding for what? $100. Not worth the effort in my mind.

The argument could be made that he lost money on his hoarding due to inflation.

a penny on 1975 is now worth six of them. If he'd used them instead of hoarding them he'd gotten more value out of them.


Last edited by Dirty D; 02/12/25 11:58 AM.
Re: Ditching Pennies. [Re: Tommyran] #8340107
02/12/25 01:06 PM
02/12/25 01:06 PM
Joined: Aug 2008
Posts: 17,356
ny
U
upstateNY Offline
trapper
upstateNY  Offline
trapper
U

Joined: Aug 2008
Posts: 17,356
ny
Originally Posted by Tommyran
The man is mentally defective. He proves it every time he opens his mouth. Musk and Vance are no better.

Tommy didnt run far enough. grin


the wheels of the gods turn very slowly
Re: Ditching Pennies. [Re: Providence Farm] #8340108
02/12/25 01:07 PM
02/12/25 01:07 PM
Joined: May 2013
Posts: 3,367
Green Bay, Wisconsin
tlguy Offline
trapper
tlguy  Offline
trapper

Joined: May 2013
Posts: 3,367
Green Bay, Wisconsin
Originally Posted by Providence Farm
tlguy. you notice when rounding you always round up. And some of us like paying with cash. Yes I pay with a card more than I like since I don't get to the bank often or collect rent from the rent house that always pays in cash.

Going to a cashless society I figured would be brought up. you can be locked out of buying and selling with the push of a button. That's the direction we are headed And if you enjoy freedom cash needs to be keep alive.


Not even close to "always rounding up." For purchases ending in 1 and 2 you round down to 0. For purchases ending in 6 and 7 you round down to 5. So you round down literally half the time. I think someone from Canada posted that they always stop the gas pump on a price ending in 2 or 7 so they get that 2 cents of gas for free!

Re: Ditching Pennies. [Re: upstateNY] #8341323
02/13/25 06:23 PM
02/13/25 06:23 PM
Joined: Dec 2006
Posts: 22,684
St. Louis Co, Mo
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BigBob Offline
trapper
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trapper
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Joined: Dec 2006
Posts: 22,684
St. Louis Co, Mo
Originally Posted by upstateNY
Little old lady with her change purse would go crazy if your took the penny away. laugh

You mean the one your standing behind in the checkout line? LOL

When I was a kid we had metal, then little plastic coins for mills, .1 and. 5 cents, supposed to have been for paying taxes, like on gasoline.


Every kid needs a Dog and a Curmudgeon.

Remember Bowe Bergdahl, the traitor.

Beware! Jill Pudlewski, Ron Oates and Keven Begesse are liars and thiefs!
Re: Ditching Pennies. [Re: Macthediver] #8341372
02/13/25 07:18 PM
02/13/25 07:18 PM
Joined: Mar 2020
Posts: 9,086
W NY
Turtledale Online happy
trapper
Turtledale  Online Happy
trapper

Joined: Mar 2020
Posts: 9,086
W NY
I remember these for pennies and other change [Linked Image]


NYSTA, NTA, FTA, life member Erie county trappers assn.,life member Catt.county trappers
Re: Ditching Pennies. [Re: Turtledale] #8341578
02/13/25 10:24 PM
02/13/25 10:24 PM
Joined: May 2009
Posts: 19,022
Champaign County, Ohio.
K
KeithC Offline
trapper
KeithC  Offline
trapper
K

Joined: May 2009
Posts: 19,022
Champaign County, Ohio.
Originally Posted by Turtledale
I remember these for pennies and other change [Linked Image]


I remember those little coin purses used to have bank and other business logos on them, to advertise the companies that gave them to you. I don't think Ive seen a new one of those since the late seventies.

Keith

Re: Ditching Pennies. [Re: Macthediver] #8341603
02/13/25 10:57 PM
02/13/25 10:57 PM
Joined: May 2013
Posts: 3,367
Green Bay, Wisconsin
tlguy Offline
trapper
tlguy  Offline
trapper

Joined: May 2013
Posts: 3,367
Green Bay, Wisconsin
My dad still has one of those from the bank his father in law worked at back in the day. He uses it to hold his nickels, dimes and quarters for playing cards at the mens club. No pennies allowed.

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