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 Replies: 186 / Views: 18,317 |
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Moderator
 United States
97033 Posts |
I asked my bank (wells Fargo here in Phoenix - we can still buy pennies, AND they will also buy them back (up to $100.00 per transaction)
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Moderator
United States
189142 Posts |
Buy them out then!  |
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Bedrock of the Community
United States
19964 Posts |
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The very first penny that required more than one cent worth of human time and effort to produce and distribute was a crime. HERE! HERE! Powerful lobbyists and ignorant congress members pushing the false narrative of "it will hurt the poor". |
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Bedrock of the Community
United States
19964 Posts |
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In ten or fifteen years if Congress keeps spending far more money than they have we can just eliminate everything under a quarter. Coinage is honestly DEAD, all of it needs to go. Let the penny and the rest live exclusively in electronic form. The days of producing, handling and transporting metal slugs needs to end. The whole process is a tremendous waste of our money across the board compared to the value it gives consumers. We would save hundreds of billions of dollars doing away with all coins. Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Valued Member
United States
89 Posts |
I haven't had problems getting them from the bank yet
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Moderator
United States
189142 Posts |
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Powerful lobbyists and ignorant congress members pushing the false narrative of "it will hurt the poor".  Quote:
Coinage is honestly DEAD, all of it needs to go... At this point in my life, I am not gonna fight it. |
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Pillar of the Community
 United States
7955 Posts |
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everything will go up 1 cent or 4 cents---billions to be made---
That is a myth. Stop spreading it. In fact, where I am THE OPPOSITE IS TRUE. The Walmart and Kroger where I shop are all rounding the change on cash purchases UP. So, you buy an 89 cent item (like I did today), pay with a dollar bill, and you get 15 cents back. Yep, I got a 4.5% discount by paying in cash!  Edited by tdziemia
06/18/2026 11:23 am
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Moderator
United States
189142 Posts |
As it should be! You saved them the transaction fee for electronic payment.  |
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Valued Member
United States
236 Posts |
True. Until EVERY MERCHANT starts passing on the transaction fee to everybody. It used to be just the cost of doing business, not anymore. COVID changed that. Used to be it was against the terms of service to pass the fee on to the customer, it may still be that way but they don't enforce it.
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Moderator
United States
189142 Posts |
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Used to be it was against the terms of service to pass the fee on to the customer, it may still be that way but they don't enforce it. Yes, it is used to be that way. At one time only gas stations were exempt (as long as they advertised it as a cash discount and not a service fee for electronic). Big Oil always gets its way. Now anyone can do it and they can call it a fee or surcharge or whatever they want. I just roll with it because, convenience.  |
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Valued Member
United States
236 Posts |
Plus paying in cash might get you a silver dime in change like I got last week. A 1946 Roosevelt. I made $5+ on my 85 cent beverage.
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Moderator
United States
189142 Posts |
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Plus paying in cash might get you a silver dime in change like I got last week. A 1946 Roosevelt. I made $5+ on my 85 cent beverage.  |
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Bedrock of the Community
United States
19964 Posts |
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Plus paying in cash might get you a silver dime in change like I got last week Nothing beats free silver!  I exclusively use cash and I got crap back in change for past few years. I got a nice lustrous red AU 1982 few days ago - interesting but I released it back into the wild. lol Edited by BadThad
06/18/2026 9:24 pm
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Pillar of the Community
Germany
1064 Posts |
What happens when there's a huge cyber attack? Or when the govt goes rouge and want to watch everything you're spending your money on?
I'm in China and they're trying very hard to get rid of real coins. The 1 RMB coin they changed the size of it in 2019, made some smaller ones for that year and 2020 and they haven't bothered making any more since. So the largest coin being produced is 5 jiao, which is worth a nickel and a half.
They're very much in the "we want to track what you're spending your money on" territory.
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Moderator
United States
189142 Posts |
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What happens when there's a huge cyber attack? Given my occupation, I will have bigger problems than needing to buy something.  Quote:
Or when the govt goes rouge and want to watch everything you're spending your money on? They already watch the people spending cash on the millions of cameras here. I know this because we have sold them many of these cameras. You think going cashless is the thing that will break us? We are long past the breaking point.  |
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Replies: 186 / Views: 18,317 |
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Posted 01/07/2026 11:17 am
