A Time for No Change

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Due to the recent reported coin shortage, I've been telling a lot of merchants to keep the change, and it occurred to me today that this might be a good time to do away with coins completely. Sure, I like finding a well-worn buffalo nickel in my change as much as the next guy, but less-than-a-buck seems to have lost its currency (pun fully intended) some time ago. So, I'm calling for a time of no change, and I'm actually thinking about starting a petition at the White House website for such things. What does the Zone think? Could you live a full life without change?

I don't mind coins and all that change adds up.   They are good for parking meters and giving money to panhandlers.  Last time I took my coin jar down to one of those machines, it ended up being over $100.

If we are talking about changes to currency, they need to get more $2 bills into circulation.  They would cut down on the number of paper bills being circulated.  For example, if you buy something for $6 using a $10 note, you would get two $2 notes back instead of four $1 bills.    Most countries have the functional equivalent to the $2 bill in wide circulation.   

Canada did away with the $1 bill and replaced them with $1 coins.   They also have $2 coins and got rid of the penny.

I Would ONLY Have Quarters = Later Dime Nickle And Pennies. ~ Dirty Change For the Most part - gross

WHO Here Walks Around W / Pennies in their pocket ?  Sign up

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Banks will give you two dollar bills but you have to get $100 worth. I like using them to leave for tips in foreign countries where people don't tip.

it's also time to start printing $30 bills and the benefit would be who would be on the bill.You wouldn't have to remove anyone's favorite slave owner in order to create a new bill. And while we're at it, why even have a person on the bill perhaps a beautiful animal or plant and color.

I found a Wheat Cent today on the ground.  1957,  very common date.

The local WaWa (a Quik-E-Mart chain)  is offering free Coffee or Small Sandwich if you bring 5 - 10 bucks of sorted / rolled coins.
Not a bad deal if you have a bucket of spare change laying around.

Except their sandwiches aren't that great :|

PLF, what's your position on Kennedy half dollars and the Sacagawea dollar coin? Keep 'em, or chuck 'em?

I hear you on the parking meters, Ken, but most places I've parked lately that use meters usually require a buck or more, and the same thing is true of a lot of vending machines now too. Many newer parking meters will take plastic at this point, as will vending machines, which often take dollar bills too. As for the homeless, I usually ask them to tell me their story, and if they agree to do that, I'll give them five bucks.

And yeah, I always liked $2 bills. My dad used to bring them home from the dog track when i was a kid, and their design seemed to really stand out from the other denominations of US folding money.

I have kept every two dollar bill I've ever gotten in my life. Probably 25 of them or so, I just stash them in an envelope and seem to add one or two every once in a while.

 

I actually (separately) also collect coins and currency, but for me $2's have always been about the novelty I guess.

Haven't paid cash for anything in months 

If we did away with all coins prices on everything would be rounded up, never down, and whenever there was a tax increase (lots of those coming soon) prices would again be rounded up to the next highest dollar. 

Last week I took a few 2 dollar bills to Pet Smart or PetCo (I always get them confused) to buy a few cans of cat food. 

They were old -- I found them in my mom's bank box. She probably stashed them in 1976 when they started making them again after a 10 year hiatus.

The girl working the counter looked at me like I was crazy and used that anti-counterfeit pen on them and the bills didn't react. So she didn't take them.

I'm guessing they weren't yet designed with that feature back then.

Cat was huuuungry that week.

7.8.19

 

It currently costs 2.06 cents to make each penny and 7.53 cents to make each nickel. In other words, American taxpayers lose money every time the U.S. Mint produces one of those coins

 

https://govtrackinsider.com/it-costs-2-to-make-a-penny-and-7-to-make-a-n...'s%20annual%20report%2C%20taxpayers%20lost,from%20nickel%20production%20last%20year.

Pay Congress in pennies. 

 

^you'll double the cost of their salary 

they loved silver Kennedy half dollars in Europe when i was a kid - brought them as tips / gifts

some hotel worker in Italy ripped off over a roll  :(

cons: gone are -

that's my two cents

a penny for your thoughts

coin toss to start a game

can you spare some change

wishing wells

paying with slugs

buying nickel and dime bags with nickels and dimes

finding a penny, picking it up, and all day long having good luck

finding the elusive,but oh so rewarding, sofa cushion cig money

pros:

you can sneak up on cats

no need to reverse a peephole 

no more wasting time separating pocket fuzz 

no more searching the sofa cushions for cig money

And you get to tell the grandkids (with a sense of superiority), Listen up, whippersnapper, when I was your age, we had to carry heavy metal coins in our pockets all day long just to pay for things.........and we liked it!

 

It would be nice to keep quarters, I need something to spin on a tabletop to pass the time...

 

Actually I haven't used cash at all in months. Not buying as much trivial stuff, buying more on line, plus some stores don't want your filthy lucre - wave that plastic, wave it wide and high!

Had to get some cash at the ATM the other day for the dispensary, just for something different. The cash seemed weird, like some strange archaic tokens of a bygone era.

Cash - who needs it?

And this from a partial neo-Luddite.

4AE12518-DC9B-46CF-962A-8422C568DD07.jpeg
Found this a couple of weeks ago. The oldest coin I've ever found (that wasn't in my Dad's collection).

Pretty cool to find something this old in good condition, someone must have thought it was a nickel.

So I read this thread yesterday and said to myself, self you have a bucket full of change you can help. Now I don't carry change unless I've gotten it they the day. Too many things in my pockets and don't need it ie parking meters in nyc haven't taken coins in over 5 yrs, everyone has a phone in their pocket so no public phones on our streets. As a family we throw coins in a bucket and once a year take them to the coin counting machine at the supermarket , bad move if you don't read all the instructions . Options for cash or gift cards. I assume there is a fee either way but $225 worth of coins became $198 in cash, really for using a machine to count. Next year I'll try and remember to read and see if the fee is less for gift cards there were options like Home Depot , Amazon etc. at least I got the coins out of the house and $198 to give the kid as part of his back to university cash

My bank gives full cash for change in their machine.

I don't use a bank but the TD near us used to charge a fee if you didn't have an account . I do all my banking via apps now

"Put it all on plastic and I wonder where we'll be when the bills hit"

And you get to tell the grandkids (with a sense of superiority), Listen up, whippersnapper, when I was your age, we had to carry heavy metal coins in our pockets all day long just to pay for things.........and we liked it!

try carrying English coins around when on holiday 

> If we did away with all coins prices on everything would be rounded up

They pretty much do that already, and usually use less-than-a-buck units to convince us they're not; e.g. It's only $19.99 a month. Why not just say it's 20 bucks?