No more pennies will be minted

[22lcidw]

How rediculous ....it should be stopped

Maye hoarding them will be an investment.

 

[Dekster]

President JB Pritzker will bring back the Lincoln penny on day 1.

 

[candycorn]

It kind of reflects how desperate MAGA dolts are to put a skin on the wall doesn’t it? The whole celebration is silly... “Look at what we’re saving....now we can all retire in Palm Springs!”

So, just like USAID and the farmers....assuming we imported that zinc from American mines; the mines no longer have the US government as a customer just like the farmers no longer have the US Government as a customer. The railcars that transported the zinc to the mints no longer have that freight. The workers in the mines and railway now have less labor to perform. Then there is the mint operations...that wil lbe curtailed.

Hard to see the economic win to this since for a million pennies, the government has saved $32,000 ($0.032 x 1M). $32K...essentially 15 minutes of flight time for AF! for the blob to go golfing.

 

[Toddsterpatriot]

Those 43 zinc ones were neat.

Steel, not zinc.

 

[Cellblock2429]

The store chain I work for stopped charging pennies on cash transaction about a month ago, and rounding them down to the nearest nickel. We do however continue to use cents in credit and debit card sales. The "take a penny, leave a penny" dishes are gone from the counters, and those little plastic donation boxes on the counters are filling up with nickels, dimes, and quarters.

I still see customers come in with pennies once in awhile, and sometimes there are wheat pennies in with them. I try to keep some newer pennies in my pocket so I can exchange them for the older ones when I find them.

/—-/ There are currently 300 billion pennies in circulation. They have a long life span. Yesterday I received a 1964 penny in change. No need for all the hub bub.

 

[Mr Natural]

About time!

Now if they’ll finally do away with that twice a year time changing crap.

 

[my2¢]

/—-/ There are currently 300 billion pennies in circulation. They have a long life span. Yesterday I received a 1964 penny in change. No need for all the hub bub.

The lack of pennies already has been felt at fast food joints, with some posting signs that exact change may not be available. At least that what I've read a few weeks back and have seen for myself one instance of it.

President JB Pritzker will bring back the Lincoln penny on day 1.

I've seen pictures of John Wilkes Booth's gravestone where visitors place Lincoln pennies atop as means to express their loathe.

There hasn't been a copper penny minted since 1982.

Back when LBJ announced that he didn't intend to do away with the silver dimes and quarters, my dad didn't trust him. Heck, he had absolutely no use for LBJ on most everything. So before they made the switch to the new sandwiched coins he started hoarding the old ones using empty paint cans in the basement.

I'm not sure where they ended up. I was out on my own back in 1979 and '80 at the time when the Hunt Brothers were cornering the silver market and driving the price to astounding heights.

 

[Dekster]

The lack of pennies already has been felt at fast food joints, with some posting signs that exact change may not be available. At least that what I've read a few weeks back and have seen for myself one instance of it.



I've seen pictures of John Wilkes Booth's gravestone where visitors place Lincoln pennies atop as means to express their loathe.



Back when LBJ announced that he didn't intend to do away with the silver dimes and quarters, my dad didn't trust him. Heck, he had absolutely no use for LBJ on most everything. So before they made the switch to the new sandwiched coins he started hoarding the old ones using empty paint cans in the basement.

I'm not sure where they ended up. I was out on my own back in 1979 and '80 at the time when the Hunt Brothers were cornering the silver market and driving the price to astounding heights.

I have LOTS of pennies. I'll cash them in as soon as my bank does a coin machine for free and not until. I am not paying coinstar 13% plus a dollar to count them for me. I probably have close to a 5 gallon bucket of change if I gathered all of the cache's up. Being Mr. Mom, I have been fishing them out of the washing machine for years.

 

[Cellblock2429]

I have LOTS of pennies. I'll cash them in as soon as my bank does a coin machine for free and not until. I am not paying coinstar 13% plus a dollar to count them for me. I probably have close to a 5 gallon bucket of change if I gathered all of the cache's up. Being Mr. Mom, I have been fishing them out of the washing machine for years.

/——/ Check for old pennies made of copper and silver coins. They are worth more than face value.

 

[my2¢]

I have LOTS of pennies. I'll cash them in as soon as my bank does a coin machine for free and not until. I am not paying coinstar 13% plus a dollar to count them for me. I probably have close to a 5 gallon bucket of change if I gathered all of the cache's up. Being Mr. Mom, I have been fishing them out of the washing machine for years.

I've seen the machine but never had need to use at the credit union where I belong.

 

[Dekster]

I've seen the machine but never had need to use at the credit union where I belong.

View attachment 1184155

I used to just give them to my parents whose bank had a machine (well technically I would get one of their deposit slips and drop it off with the change). Their machine broke and they never replaced it. My banks doesn't have one.

 

[Concerned American]

What do they use nowadays? Aluminum?

copper clad Zinc.

For pennies dated 1982, when the U.S. made copper and copper-plated zinc coins, weighing them is the best way to determine their composition. Solid copper pennies weigh 3.11 grams (+/- 0.130 g.), whereas the copper-plated zinc cents weigh only 2.5 grams (+/- 0.100 g.).


If you have a Lincoln Memorial penny with a date before 1982, it is made of 95% copper. If the date is 1983 or later, it is made of 97.5% zinc and plated with a thin copper coating.

How to Tell If Your Penny is Copper or Zinc

Find out when the U.S. switched to the copper-plated zinc penny, and how to tell if your penny is made of copper or zinc.

www.thesprucecrafts.com

 

[Stann]

Maye hoarding them will be an investment.

I'm sure it's already happening. There Are 300 billion of them out there and yet I already see signs saying they may not have pennies to give you. Ironically when I went to the grocery store the other day my bill was $40.00 even.. Coincidence ? I didn't check.
.

 

[Concerned American]

I used to just give them to my parents whose bank had a machine (well technically I would get one of their deposit slips and drop it off with the change). Their machine broke and they never replaced it. My banks doesn't have one.

I rolled hundreds of them before going to Tahoe years ago, only to be told to remove the wrappers so they could count them. After that, I just put them in an old sock and put them on the counter of the cashier at the casino. LOL

 

[OhPleaseJustQuit]

/—-/ There are currently 300 billion pennies in circulation. They have a long life span. Yesterday I received a 1964 penny in change. No need for all the hub bub.

.

Seems like I get a lot more good copper pennies in my change since I moved to the Midwest.

You should have seen my goof of a brother when I told him in 2011, that the copper pennies were worth considerably more than the post-'82 ones. Everywhere he went, he searched in the penny dish on the counter in the store.

.

 

[Concerned American]

.

Seems like I get a lot more good copper pennies in my change since I moved to the Midwest.

You should have seen my goof of a brother when I told him in 2011, that the copper pennies were worth considerably more than the post-'82 ones. Everywhere he went, he searched in the penny dish on the counter in the store.

.

I remember being on the hunt for silver dimes and quarters in the late 70s. I inadvertently had one in change that I tendered to a very observant clerk. She reached in her pocket to exchange it when I noticed. SMH, I have been a bit more careful since then, LOL.

 

[OhPleaseJustQuit]

I remember being on the hunt for silver dimes and quarters in the late 70s. I inadvertently had one in change that I tendered to a very observant clerk. She reached in her pocket to exchange it when I noticed. SMH, I have been a bit more careful since then, LOL.

.

I was behind an elderly lady in the customer service line at a Safeway store and I watched her proffer five Silver Certificates for a six dollar purchase. Had to hold my breath because the guy behind the counter was kind of big and didn't look too sweet looking.

.

 

[Concerned American]

.

I was behind an elderly lady in the customer service line at a Safeway store and I watched her proffer five Silver Certificates for a six dollar purchase. Had to hold my breath because the guy behind the counter was kind of big and didn't look too sweet looking.

.

You should have offered her a crisp new $5 federal reserve note telling her you needed ones. LOL

 

[Zebra]

Would be better if the currency was deflated back to the point that pennies were relevant again.

much better!

 

[Concerned American]

Would be better if the currency was deflated back to the point that pennies were relevant again.

All they have to do is remove a couple of zeroes from anything having to do with the US dollar. Sounds reasonable---LOL