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We've Banned Pennies!

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GO's Avatar
United States
6563 Posts
 Posted 07/31/2011  11:18 pm Show Profile   Check GO's eBay Listings Bookmark this topic Add GO to your friends list Get a Link to this Message Number of Subscribers
We've-Banned-Pennies!
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Hambone's Avatar
United States
609 Posts
 Posted 07/31/2011  11:32 pm  Show Profile   Bookmark this reply Add Hambone to your friends list Get a Link to this Reply
A little harsh, no?
It's kinda like saying, "Well, you owe me five bucks. But I only take ten dollar bills."


Also, that seems like it could be illegal. Not accepting legal tender anyway.
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nohope587's Avatar
United States
5953 Posts
 Posted 07/31/2011  11:36 pm  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
You are under no obligation to accept any coins. you may do business with or without coins...
Edited by nohope587
07/31/2011 11:37 pm
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Hambone's Avatar
United States
609 Posts
 Posted 07/31/2011  11:38 pm  Show Profile   Bookmark this reply Add Hambone to your friends list Get a Link to this Reply
Yeah, now that I've thought about it, being illegal does sound kinda silly.

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rachums107's Avatar
United States
3345 Posts
 Posted 08/01/2011  12:08 am  Show Profile   Bookmark this reply Add rachums107 to your friends list Get a Link to this Reply
What is the point of that? It's not like it's going to stop the production of pennies. Besides, minting other coins costs us money, why don't they just not except cash/coins at ALL and go credit only?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 08/01/2011  12:36 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I am currently cruising their website, looking for something to buy from them. As an avid biker, I will be successful.
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Sap's Avatar
Australia
16834 Posts
 Posted 08/01/2011  02:04 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Of course, one could be pedantic and ask them if they accept one cent coins, instead of pennies.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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EgCollector's Avatar
Egypt
3470 Posts
 Posted 08/01/2011  04:55 am  Show Profile   Bookmark this reply Add EgCollector to your friends list Get a Link to this Reply

Quote:
Of course, one could be pedantic and ask them if they accept one cent coins, instead of pennies


Bedrock of the Community
United States
20753 Posts
 Posted 08/01/2011  07:39 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
What is the point of that? It's not like it's going to stop the production of pennies. Besides, minting other coins costs us money, why don't they just not except cash/coins at ALL and go credit only?

What is the point? Publicity. People hear about that, post that sign everywhere almost as a joke, talk about it and guess what, lots of free publicity. Note how it's working already right here. And I'm sure this is being repeated on other coin forums, miscellaneous forums, possibly on TV also as a almost joke and again, guess what. Lots and lots of publicity.
And think about that second statement of how pennies cost us time. 2.4 hours a year? Who did that study? Where is the facts on that one? Why 2.4 and not 3.1839 hours or 4.43591 hours? Makes no difference since it is for publicity only.
Owner of that place is laughing all the way to the bank.
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flotsam's Avatar
United States
115 Posts
 Posted 08/01/2011  08:04 am  Show Profile   Bookmark this reply Add flotsam to your friends list Get a Link to this Reply
at least they round down on prices
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fioti's Avatar
United States
4212 Posts
 Posted 08/01/2011  08:32 am  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
Bingo, Carl. It's already all over the internet. Lots of eco groups have jumped on the bandwagon, inc. treehugger.
Some state we fumble with the cents over 12 hrs. per year. Dont know if it'll sell any bikes, but with 9
locations in Ca;........nevermind, got me to look, at least.
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 08/01/2011  08:36 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
they are rounding down?

Example: so if a bill is $3.07 and they round down to $3.05 Can I give them 3 one dollar bills and 5 LSC?
I don't have any other change on me
Edited by Fuzzy317
08/01/2011 08:37 am
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 08/01/2011  08:43 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
and does this "no penny/round down" policy apply to paying with a check or credit card?
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murrellington's Avatar
United States
3276 Posts
 Posted 08/01/2011  08:58 am  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply

Quote:
and does this "no penny/round down" policy apply to paying with a check or credit card?


i was thinking the same thing. you'd think it would only apply when you pay in cash... who knows though.
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Bowfin's Avatar
United States
296 Posts
 Posted 08/01/2011  09:43 am  Show Profile   Bookmark this reply Add Bowfin to your friends list Get a Link to this Reply

Quote:
and does this "no penny/round down" policy apply to paying with a check or credit card?



Quote:
you'd think it would only apply when you pay in cash...

As it should. Seeing as how YOU cost the merchant a fee every time you insist on using plastic instead of cash, why should you have you're bill rounded down..?
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DVCollector's Avatar
United States
10045 Posts
 Posted 08/01/2011  12:03 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
Perhaps a kid came in with a wheelbarrow of pennies, wanting a new bicycle?
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