Coin shortage

Discussion in 'The BS Topic' started by 1970 gold, Jul 13, 2020.

  1. badazz81z28

    badazz81z28 Veteran Member

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    Interesting, I didn't know that.
     
  2. 1970 gold

    1970 gold Veteran Member

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    So took coins to bank they were happy to get the $751 in change. That crap was heavy!
     
  3. gramps

    gramps Veteran Member

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    I just figured it was the government trying to track us via card purchases:lush:
     
  4. 72'z'steve

    72'z'steve Veteran Member

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    I have a funny,I was at a flea market a few weeks ago,overheard one groper griping to another about a guy wanting to sell silver quarters for face value,he thought that was too much :screwup::screwup::screwup::screwup: A quarter is always worth 25 cents right? I would imagine the silver value is more than 25 cents??? The guy wanting face value can always spend them at Quick Trip.The cheapness of some gropers blows me away!! Hey I'll take that $20 off your hands for $10:rolleyes: Later Steve!!
     
  5. Mike N

    Mike N Administrator Staff Member Lifetime Gold Member

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    You can tell the difference between pure copper pennies and the coated zinc ones pretty easily.... The pure ones tarnish while the coated ones remain shiney, and if you drop a pure one on a hard surface it will ring while the coated one will have a dull plunk sound, just like the difference in sounds when you hit one of the counter weights between a forged or cast crank.
     
  6. Shizzle

    Shizzle Veteran Member

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    It is. I’ve heard from a couple of friends that work at different banks, the treasury wants them to return coins.

    it’s all for a cashless society. No more side jobs, no more paying under the table, no more garage sales or flea markets. Just a way to make sure the IRS is always getting their cut.
    Give it a month or so, cash will be in short supply as well.
     
  7. tom3

    tom3 Veteran Member

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    I've heard that same thing for years. Pay or get paid with plastic and can't avoid taxes. And really get in a bind trying to buy a car with cash.
     
  8. Twisted_Metal

    Twisted_Metal Administrator Staff Member Lifetime Gold Member

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  9. ol' grouch

    ol' grouch Veteran Member

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    Also, it's illegal to melt down older pennies for the copper. Currency isn't property. In the 1800's, the Supreme Court ruled that currency is government property to "facilitate trade and commerce". It's not enforced very closely, but it's been that way for decades,
     
  10. badazz81z28

    badazz81z28 Veteran Member

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    yeah, but you know that doesn’t mean people don’t do it.
     

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