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Is The Penny Finally Dead? (www.youtube.com)

submitted 4 days ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 2 days ago (1 children)

I assume they’re mostly going to “spare change” jars in people’s homes.

I've never understood that. Even if they accumulate a fair amount, now they have to roll the coins and take them to a very unhappy bank teller, or just dump them in a coinstar machine which takes a percent off the top.

I'm the exact opposite. I always try to get rid of my coins. I save a handful of quarters, nickels & dimes in my car for parking meters, but that's it. If I can't spend them, I'll just go to the credit union and deposit a $20 bill + 78¢ or whatever.

Plot twist - while I'm at the credit union, I ask if they have $2 bills. I got $80 worth last time. Now I'm the weird guy who tips in $2 bills. And people save those too, thinking they're rare or out of circulation.

[–] [email protected] 1 points 2 days ago

I’ve never understood that. Even if they accumulate a fair amount

"Spare change jar" might not be accurate. Many people's coins might be scattered amongst their pockets, purses, vehicles, etc, rather than in a centralized location.

I’m the exact opposite. I always try to get rid of my coins.

I suspect you are not like most people :)

I ask if they have $2 bills. I got $80 worth last time.

LOL, you might get along well with my dad. He's purchased rolls of 50 cent pieces, to similar effect.