Even that is immaterial in the grand scheme of things. We have to have something to exchange as legal tender, and there will be a cost associated with that. The only way to eliminate the cost of making money is to do away with money entirely, which is the end goal, IMO.
No more pennies ?
- Thread starter caryc
- Start date
Even that is immaterial in the grand scheme of things. We have to have something to exchange as legal tender, and there will be a cost associated with that. The only way to eliminate the cost of making money is to do away with money entirely, which is the end goal, IMO.
And, ironically, cost less than a washer....
Does anyone have any info on the costs involved in printing paper currency, like a "per piece" figure? 
Here's what I got off Google:
- Production Cost Per Note (Variable Cost):
- $1 & $2: ~3.2 – 4.1 cents
- $5: 7.1 cents
- $10: 6.8 cents
- $20: 7.3 cents
- $100: 8.6 – 11.3 cents
- Purchasing Uncut Sheets (Collector Items):
- $1 (5-note sheet): $18.50
- $1 (20-note sheet): $43.00
- $1 (25-note sheet): $50.50
- $5 (10-note sheet): $86.00
- $10 (16-note sheet): $249.00
remshooter
Bearcat
yes i have one of those paper coin notes ,it says Military Payment Certificate .it says 10 Cents , found it laying on my street when i was in grade school .seems a guy up the street came home from Vietnam and just tossed a handfull of it into the wind ,I thought it was cool .I dont know how i did it being soo young ,but i still have it
In the last month I’ve seen half a dozen restaurants and coffee shops that are card only. They don’t accept cash.
OP
caryc
Hawkeye
I don't know if it is exactly true or not but, I heard when Vietnam first started up and they started issuing MPC, The guys over there were getting Monopoly money sent from home and spending it there. It seems the natives didn't know the different between it and MPC.
Why do you think they they quit using silver although years ago?
People ask me all the time if I take cash. I tell them absolutely! As a matter of fact for cash I round down to the nearest whole dollar.
Extended,
They are consecutively numberedExtended,
.
The 95, 98, 99 cent prices, a story i heard years ago, was invented by a merchant who figured you would buy the penny candy he kept right next to the cash register. The .9 on gas has so many stories i gave up thinking about it except that the roundup at the end of a volume sale leaves a few pennies for the candy, too.
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trebor44
Blackhawk
- Joined
- Dec 18, 2012
- Messages
- 912
- City & State/Province
- Idaho, East of Boisemento, or is it Boisangelos
Who exactly created "digital currency"?
The british called it that when they went away from sixpence and tuppence and shillings and bobs.
According to Google, there are approximately 114 billion pennies currently in circulation.
Right off the top of my head I'm going to say the shortage is made up.
Also I don't hoard pennies. I do save them in a jar along with other change until the jars almost full then I can go cash them in. And I'm one of the only people I know that will actually stop and pick up a penny in a parking lot when I see it.
Right off the top of my head I'm going to say the shortage is made up.
Also I don't hoard pennies. I do save them in a jar along with other change until the jars almost full then I can go cash them in. And I'm one of the only people I know that will actually stop and pick up a penny in a parking lot when I see it.
peachhead, you're not the only one who does that, I do it also. Old saying, See a penny, pick it up, all the day you'll have good luck.
I've also seen it as: See a penny, pick it up; all day long you'll have good luck
And even: Find a penny leave it there, all the day you'll have despair.
Google says: This tradition dates back to a pagan (later Wiccan) ritual, where pins were sometimes used in good luck spells.
I've also seen it as: See a penny, pick it up; all day long you'll have good luck
And even: Find a penny leave it there, all the day you'll have despair.
Google says: This tradition dates back to a pagan (later Wiccan) ritual, where pins were sometimes used in good luck spells.
I get $2 bills when I can to give in tips. Love to see the servers face when they see it. Had one girl come after me as I was leaving and ask it this was real money 
I went to my local bank to see about getting some and the teller told me I could buy them but you had to buy at least 100 ($200) at a time. I asked how long did they take to come in and she told me they could have them the next day. I bought 100 and when I picked them up there were new and crisp and banded/sealed and consecutive serial numbers. I haven't broken into them yet.
I went to my local bank to see about getting some and the teller told me I could buy them but you had to buy at least 100 ($200) at a time. I asked how long did they take to come in and she told me they could have them the next day. I bought 100 and when I picked them up there were new and crisp and banded/sealed and consecutive serial numbers. I haven't broken into them yet.
Some stores want to round the final price.I SIMPLY ASK TO PAY THE EXACT AMOUNT.
IF YOU DON’T HAVE PENNIES…YOU ROUND DOWN…I’M NOT ROUNDING UP …EVER.
WE HAD A SPIRITED DISCUSSION.
I ENDED GETTING TRESPASSED. I REFUSED TO PAY DAMAGES WHEN I TIPPED OVER THE COUNTER AND FOUND THE PENNIES THEY NEEDED.
NEVER LIKED THAT PLACE ANYWAYS.
REFUSE TO ROUND UP !
Dave Ramsey repost:
HERE'S WHAT NO CASH ACTUALLY MEANS:
A cashless society means no cash. Zero. It doesn’t mean mostly cashless and you can still use a ‘wee bit of cash here & there’. Cashless means fully digital, fully traceable, fully controlled. I think those who support a cashless society aren’t fully aware of what they are asking for. A cashless society means:
* If you are struggling with your mortgage on a particular month, you can’t do an odd job to get you through.
* Your child can’t go & help the local farmer to earn a bit of summer cash.
* No more cash slipped into the hands of a child as a good luck charm or from their grandparent when going on holidays.
* No more money in birthday cards.
* No more piggy banks for your child to collect pocket money & to learn about the value of earning.
* No more cash for a rainy day fund or for that something special you have been putting $20 a week away for.
* No more little jobs on the side because your wages barely cover the bills or put food on the table.
* No more charity collections.
* No more selling bits & pieces from your home that you no longer want/need for a bit of cash in return.
* No more cash gifts from relatives or loved ones.
What a cashless society does guarantee:
* Banks have full control of every single penny you own.
* Every transaction you make is recorded.
* All your movements & actions are traceable.
* Access to your money can be blocked at the click of a button when/if banks need ‘clarification’ from you which will take about 3 weeks, a thousand questions answered & five thousand passwords.
* You will have no choice but to declare & be taxed on every dollar in your possession.
* The government WILL decide what you can & cannot purchase.
* If your transactions are deemed in any way questionable, by those who create the questions, your money will be frozen, ‘for your own good’.
Forget about cash being dirty. Stop being so easily led. Cash has been around for a very, very, very long time & it gives you control over how you trade with the world. It gives you independence.
If you are a customer, pay with cash. If you are a shop owner, remove those ridiculous signs that ask people to pay by card. Cash is a legal tender, it is our right to pay with cash. Banks are making it increasingly difficult to lodge cash.
Please open your eyes. Please stop believing everything you are being told. Almost every single topic in today’s world is tainted with corruption & hidden agendas.
Pay with cash & please say no to a cashless society while you still have the choice.
Copy and paste to your page if you like!
HERE'S WHAT NO CASH ACTUALLY MEANS:
A cashless society means no cash. Zero. It doesn’t mean mostly cashless and you can still use a ‘wee bit of cash here & there’. Cashless means fully digital, fully traceable, fully controlled. I think those who support a cashless society aren’t fully aware of what they are asking for. A cashless society means:
* If you are struggling with your mortgage on a particular month, you can’t do an odd job to get you through.
* Your child can’t go & help the local farmer to earn a bit of summer cash.
* No more cash slipped into the hands of a child as a good luck charm or from their grandparent when going on holidays.
* No more money in birthday cards.
* No more piggy banks for your child to collect pocket money & to learn about the value of earning.
* No more cash for a rainy day fund or for that something special you have been putting $20 a week away for.
* No more little jobs on the side because your wages barely cover the bills or put food on the table.
* No more charity collections.
* No more selling bits & pieces from your home that you no longer want/need for a bit of cash in return.
* No more cash gifts from relatives or loved ones.
What a cashless society does guarantee:
* Banks have full control of every single penny you own.
* Every transaction you make is recorded.
* All your movements & actions are traceable.
* Access to your money can be blocked at the click of a button when/if banks need ‘clarification’ from you which will take about 3 weeks, a thousand questions answered & five thousand passwords.
* You will have no choice but to declare & be taxed on every dollar in your possession.
* The government WILL decide what you can & cannot purchase.
* If your transactions are deemed in any way questionable, by those who create the questions, your money will be frozen, ‘for your own good’.
Forget about cash being dirty. Stop being so easily led. Cash has been around for a very, very, very long time & it gives you control over how you trade with the world. It gives you independence.
If you are a customer, pay with cash. If you are a shop owner, remove those ridiculous signs that ask people to pay by card. Cash is a legal tender, it is our right to pay with cash. Banks are making it increasingly difficult to lodge cash.
Please open your eyes. Please stop believing everything you are being told. Almost every single topic in today’s world is tainted with corruption & hidden agendas.
Pay with cash & please say no to a cashless society while you still have the choice.
Copy and paste to your page if you like!
OP
caryc
Hawkeye
Is his portrait on the digital currency?
I gave up picking up pennies years ago, but to her last, mom still did. I tell her, leave the pennies for the childeren, it means more to them.
Yaworski
Hawkeye
I pick up pennies. Yesterday, I took $200 worth to the bank and deposited them.
OP
caryc
Hawkeye
Where on earth did you find 20,000 pennies lying around? On second thought, why was somebody carrying 20,000 pennies? Where they in rolls?
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Here in Salt Lake Valley, Utah, where you can see the Kennicot Copper Mine from everywhere, there were some folks a long time ago that wanted to shut it down. Kennicot paid all wages in $2 bills for a few months to show how much they contributed to the economy... know one has complained about them since, and despite the fact while it is an engineering marvel, it is ugly as sin.
My wife's aunt was a server a long, long time ago. Every birthday and Christmas she give all of the kids $20 in crisp $2 bills, and I buy every one of them. I currently have 4 or 5 envelopes stuffed full, I should probably count them... I could buy a new gun!!!
OP
caryc
Hawkeye
I just figured out what your post meant!More importantly, where can I get $1 for each and every penny...
Yaworski
Hawkeye
Oh, here, there, everywhere.
Not in my lifetime gave i seen a total of 20,000 pennies laying around. I get most of mine from change, i might get 20$ in a year
Guess it would depend on how often you go to the bank then.... I actually think my wife has over $100 in pennies, all nicely rolled. We've been married for 20 years this June, we've moved three times.... I've moved that damn box every single time!!!
