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Discussion in 'The BS Topic' started by 1970 gold, Jul 13, 2020.
Interesting, I didn't know that.
So took coins to bank they were happy to get the $751 in change. That crap was heavy!
I just figured it was the government trying to track us via card purchases
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 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 Later Steve!!
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.
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.
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.
If the shortage was to promote a cashless society... Why would the mints be ramping up production?
(Back to normal production capacity.)
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,
yeah, but you know that doesn’t mean people don’t do it.