They should hire him!
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It is different in Canada. You can’t deface coins here, legally. They’re legal tender. I know this from a “weld pins on coins to make lapel clips” caper. Use US coins, no problem in Canada or the US.
Was in NZ when they dropped the penny, and later when they dropped the nickel. And been in Canada a lot since they dropped the penny. Boy is that nice. You don’t miss them. At all.
While we’re at it, a one and a two dollar coin, ala Canada, would be awfully nice.
Weigh them?
oddly these policies are never adjusted for inflation
My guess?
i’m pretty sure around these parts they’re only regulated as a public service so they can enjoy the bailouts when they fail. very much a one way street, unfortunately.
At my workplace we have some fountains and water features where people like to toss coins of all denominations and currencies. When we periodically drain them and clear them out the official policy is to shovel them up and throw them in the trash by the bucketful. Not worth the company’s time to clean them up and go through them, and they don’t want employees spending their own time doing it either. You’d think they’d off them up to some charity or something.
My dad, a young electrical engineer in the fifties, would copper-plate 1943 steel pennies and drop them into the pockets of guys he knew who had the habit of going through their change, looking for copper 1943 pennies.
He was a rascal.
… seems like the most significant part of that story is “my dad liked to stick his hands in other men’s pockets”
These are a little closer to home than the Pu. While they may seem ludicrous to us, I think they are in some ways similar to our own money system. The Rai Stones don’t have to be physically moved, it’s just a change in ownership. I heard a story of one lost at sea when they tried to move it in a canoe. It still has value and can change hands despite not being in any way accessible.
Instead of going to specific metal melters and resellers, might be better for this one to see what the US Mint has to say
You already have loonies and twonies. It would fit with the current naming scheme.
This reminds me.
I grew up in Venezuela and i have some old 1 and 2 Bolivar bills, they’re like the equivalent of if the US decided to print 1 and 2 cent bills. They’re like half the size of the larger Bolivar notes of the time, i joke that they look like Monopoly money but the tiny bills in Monopoly are about the same size of the little bills i have
Anyways i saved some as a kid and every now and then i pull them out to look at them for nostalgia
Huh?
31 U.S. Code § 5103 - Legal tender
United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues. Foreign gold or silver coins are not legal tender for debts
And then there is this, it appears a business doesn’t have to accept cash but if you money you can use currency or coin.
Is it legal for a business in the United States to refuse cash as a form of payment?
There is no federal statute mandating that a private business, a person, or an organization must accept currency or coins as payment for goods or services. Private businesses are free to develop their own policies on whether to accept cash unless there is a state law that says otherwise.
Section 31 U.S.C. 5103, entitled “Legal tender,” states: “United States coins and currency [including Federal Reserve notes and circulating notes of Federal Reserve Banks and national banks] are legal tender for all debts, public charges, taxes, and dues.” This statute means that all U.S. money as identified above is a valid and legal offer of payment for debts when tendered to a creditor.
When I was a kid I collected pennies and regularly sorted through them for old and unusual ones. My “best” finds were a few from the early 1900s (earliest was something like 1914), as well as one that was clearly deformed in the minting process. I doubt they’re worth more than a few dollars in total.
My takeaway: unless you have a lot of time on your hands, and enjoy drudge work, it’s simply not worth the effort to collect pennies for profit.
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Have you seen pants from the fifties? Pockets like baskets, so you carry a potato for lunch or whatever. You could probably flip a coin in from fifteen feet away
if they’re copper instead of zinc, they’re worth around 4(?) cents each for the copper