| Author |
 Replies: 34 / Views: 3,489 |
|
Valued Member
United States
193 Posts |
Hi, Looking for "easy" ways I haven't thought of to get rolls/bags of pennies. Any success at certain places? I still like going through pennies when I can since they are my favorite. I know ebay is possible, but seems so overpriced at times! Should I wait until next year when stores don't need pennies anymore like Giant Eagle? :-) Thanks for any ideas! Marlies Edited by EML Coin Collector
11/09/2025 10:58 am
|
|
|
|
Pillar of the Community
Canada
5238 Posts |
You may not be able to order boxes, but people will still bring rolls in. So they may have a few or a lot sitting around.
|
|
New Member
United States
23 Posts |
Small amounts at a time is what I'm doing. Every time I pass a bank branch I grab $10-20. Haven't had any problems yet. It's annoying for sure, but at least I'm getting them
|
|
Valued Member
 United States
193 Posts |
==oriole==
I read somewhere that banks normally would give rolls to stores so they had supplies of pennies, but since the banks are running low the stores have not been getting pennies regularly which is why Giant Eagle did that penny drive.
The bank I have has been very helpful over the years but now it seems a little struggle to get pennies from them. Seems like they need some for some tranactions they make.
Interesting times we live in that's for sure!
|
|
Valued Member
United States
193 Posts |
==genuinecents==
Looks like the only way to do it for now.
|
|
Pillar of the Community
 United States
671 Posts |
Most banks in my area are not giving out any cents to individuals. Only to business customers. I had $150 worth of cents I had gone through and took it to one of the banks that always helped me out in the past where I am not a customer. They were very happy to cash out my cents.
The only place I have found to be able to get cents is small banks in small towns. The ones who do not have any branches and are not owned by bigger banks. The last time I was out looking was a week and a half ago and scored a $50 bag of cents from one of these banks. I have gone through part of them and it looks like it is an older bag. The newest cents are 2021. This will not last. They had to dig to find this bag for me so get them while you can.
|
|
Pillar of the Community
United States
1748 Posts |
Soon they will start to pile up in banks.
|
|
Valued Member
United States
193 Posts |
==DoubleEagle20==
I hope so!
Probably due to stores cashing them in after sometime next year that the rounding up/down goes in effect?
|
|
Bedrock of the Community
Australia
21786 Posts |
Think outside the square.
Switch to a higher denomination
|
|
Pillar of the Community
United States
671 Posts |
Quote:
Think outside the square.
Switch to a higher denomination Lincoln Cent hunting is what I like to do. Much more fun than nickels, dimes, or quarters. I hope the banks end up with so many they start giving them out to individuals again. |
|
Pillar of the Community
United States
1748 Posts |
They will start piling up in local banks as people return them and there are few or no distribution channels available for the banks to get rid of them. Passage of the rounding law will fuel this scenario, IMO. Also keep in mind, under rounding, cents will still be full legal tender in groups of 5. They are definitely going to linger.
We cent CRH'ers can help by the withdrawl of the pre-Zincoln ones. At least a 10-20 pct reduction in supply over the next few years.
Seems we are following the same route as Japan has with their 1 yen coin. Leave the old ones in circulation as legal tender, end new circulation mintages and only mint them for collectors sets. I hear the old 1 yens still get used here and there in Japan. 2015 was the last circulation mintage of the coin.
Edited by DoubleEagle20
11/16/2025 01:20 am
|
|
Moderator
 United States
187539 Posts |
Quote:
Passage of the rounding law will fuel this scenario, IMO. Also keep in mind, under rounding, cents will still be full legal tender in groups of 5. They are definitely going to linger. The rounding law does not force rounding, the law just makes it legal in the States that currently forbid it. Electronic payment totals will always be to exact cent and vendors can still accept pennies if they are offered. Rounding is only necessary when a cash payment is tendered without available pennies. That smart vendors will round down. The customer will not complain, it is easier on the cashier—if any pennies are required to tender the customer's change, just hand them an extra nickel—and the loss is almost always less than what they would end up paying the payment processors for an electronic sale. |
|
Pillar of the Community
United States
1748 Posts |
Yup, Jbuck. The American 1 yen coin is coming.
|
|
Pillar of the Community
Canada
5238 Posts |
The big question is whether there will be any plans to withdraw the one cent coins. Has anyone heard anything? Rumors or facts? In a year most retailers will just do the rounding and the one cent coins will hardly be seen. in 10 years the younger cashiers may not even know what a one cent coin is! That is assuming that there is any cash used anymore.
|
|
Moderator
United States
187539 Posts |
Quote:
The big question is whether there will be any plans to withdraw the one cent coins. I mentioned in another topic—almost jokingly—that it is not worth it. To be honest, I actually believe that. Collectors have been pulling copper cents for years and pulling the Zincolns would cost more than they are worth. One might say we have way too much zinc in the country. The powerful zinc lobby is why we have the cursed Zincolns in the first place. Now those boneheads are pushing for using their zinc in the nickels and if you are a betting person, you would be right to believe it. And the zinc lobby would never want reclaimed zinc to be used for their "Zinckel" blanks when they have tonnes of it left to be mined, processed, and sold.  |
|
Pillar of the Community
United States
584 Posts |
My bank is currently willing to make an even swap for pennies that I already have.
You really should get into nickels. There is a lot of different pennies to look for, but nickels have the most variety: pre-1959, wartime, buffalo, 2009, 2024, errors, various foreign coins.
|
| |
Replies: 34 / Views: 3,489 |
Posted 11/09/2025 8:02 pm
