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Correct Change/Centless

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Valued Member
Bullnuke's Avatar
United States
184 Posts
 Posted 04/29/2011  8:21 pm Show Profile   Bookmark this topic Add Bullnuke to your friends list Get a Link to this Message Number of Subscribers
Over the past several weeks I have been traveling alot in the Northeastern part of the USA searching for a job(I found one). During my trek I ate at most of the particularly fine dining establishments (McD, BK, Wendys etc). I noticed almost everyone of the clerks would rather give me a nickel back instead of either 4,3, or even 2 cents. Several got mad when I insisted on exact change explaining I am a "penny fannatic", one even went as far as refering to me as a person of small mental capacity(used another word that I refuse to as it is more properly a verb not a noun) and the nickel was worth more. Anyway I was wondering if this is being seen elsewhere or did I just get unlucky?

Kie
Valued Member
SilverFossil64's Avatar
United States
183 Posts
 Posted 04/29/2011  8:25 pm  Show Profile   Bookmark this reply Add SilverFossil64 to your friends list Get a Link to this Reply
I believe you made a typo -- you were lucky to not have to handle worthless pennies :) Bring on the flames!
Valued Member
lorax's Avatar
United States
162 Posts
 Posted 04/29/2011  8:28 pm  Show Profile   Bookmark this reply Add lorax to your friends list Get a Link to this Reply
I see this every now and then, I consider it a discount for cash. Besides, nickels are worth more than 5 cents so you win twice.
Valued Member
Bullnuke's Avatar
United States
184 Posts
 Posted 04/29/2011  9:31 pm  Show Profile   Bookmark this reply Add Bullnuke to your friends list Get a Link to this Reply
"I believe you made a typo -- you were lucky to not have to handle worthless pennies :) Bring on the flames!"

Here come the flames, of course I like my meat still mooing so will keep the gas on low.
The copper cent is currently worth 2.79x face, the current melt on 90%ers is 34.69x face. I would be willing to bet I could find 125 copper cents in change before I found a silver dime. Additionally when melting for bullets it is imensely cheaper to use the copper.
During my searches of pocket change the cent has brought me far more in the area of die varieties than all the other denominations combined, and I look at every piece of change I receive through a loupe with appropriate references available.
Lastly I am OCD about people doing the right thing and being too lazy to accurately count change is near the top of my list


" I see this every now and then, I consider it a discount for cash. Besides, nickels are worth more than 5 cents so you win twice."
3 copper cents have a melt above a nickel.

Kie
Pillar of the Community
United States
632 Posts
 Posted 04/29/2011  10:08 pm  Show Profile   Bookmark this reply Add willy13 to your friends list Get a Link to this Reply
I see it now and then. It is kinda funny when it happens...
Valued Member
rkrj's Avatar
United States
277 Posts
 Posted 04/30/2011  1:41 pm  Show Profile   Bookmark this reply Add rkrj to your friends list Get a Link to this Reply
I noticed that fast food places do this more than any other place. Gas stations seems to give correct change and so do department stores.
New Member
eddied62's Avatar
United States
28 Posts
 Posted 04/30/2011  3:37 pm  Show Profile   Bookmark this reply Add eddied62 to your friends list Get a Link to this Reply
I live in North Georgia and I haven't run into this yet...everybody here still counts out the pennies.
Valued Member
lorax's Avatar
United States
162 Posts
 Posted 04/30/2011  9:26 pm  Show Profile   Bookmark this reply Add lorax to your friends list Get a Link to this Reply

Quote:
3 copper cents have a melt above a nickel.


That's assuming you get 3 coppers. If you only get one (which is much more likely) then you only have 4.8cents worth, with the nickel you have 6.8cents, that's over 40% more (and I admit that I am too lazy to put the exact percentage).

It bothered me for about one day, then I realized my bank would give me all the pennies I could handle which is much more convenient than getting them in onesies-twosies from transactions.
Valued Member
Bullnuke's Avatar
United States
184 Posts
 Posted 05/01/2011  7:41 pm  Show Profile   Bookmark this reply Add Bullnuke to your friends list Get a Link to this Reply
"That's assuming you get 3 coppers. If you only get one (which is much more likely) then you only have 4.8cents worth, with the nickel you have 6.8cents, that's over 40% more (and I admit that I am too lazy to put the exact percentage).

It bothered me for about one day, then I realized my bank would give me all the pennies I could handle which is much more convenient than getting them in onesies-twosies from transactions."

Most of my best finds have come from getting correct change. And if everybody becomes complacent with getting nickels vice cents that makes an even stronger case for getting rid of the cent as a denomination.

Kie

Pillar of the Community
muddler's Avatar
United States
7185 Posts
 Posted 05/01/2011  7:49 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
I had worked in Utah for a few years and there was a distinctive difference to how most people there did their transactions. Every where else I have worked people pay with cash and then get change back from their vendor. In Utah it was quite common for them to make their purchase including the change, digging out their cents nickles and dimes.
Valued Member
Chriscoinmaster's Avatar
United States
337 Posts
 Posted 05/01/2011  7:52 pm  Show Profile   Bookmark this reply Add Chriscoinmaster to your friends list Get a Link to this Reply
I used to work at a convenient store and a gas station and I used to search my drawers really well before I opened and checked each of the coins I received from people
I actually would ask if people had the change so I could get more at work to check
I would use the take a penny leave a penny dish though so I could get rid of more dimes, nickels and quarters
unless it was someone I didn't like
or someone I knew left pennies in the leave a penny dish
I would empty the dish at the end of the night and use it the next night to buy stuff out of the drawer
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