..Value of "Money" !!!

dee1949
dee1949 Posts: 1,425
edited November 2009 in The Clubhouse
...if you saved your pennies (pre 1982) you would have doubled you $$$$$.

http://www.coinflation.com/

...this is here from my thread on filling speaker stands with pennies. I must have a hundred pounds scattered around.
Post edited by dee1949 on
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  • Polkersince85
    Polkersince85 Posts: 2,883
    edited November 2009
    I save 100 dollars bills, they add up faster.
    >
    >
    >This message has been scanned by the NSA and found to be free of harmful intent.<
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  • seeclear
    seeclear Posts: 1,242
    edited November 2009
    But they aren't as good as pennies in your speaker stands! ;)
    "Don't forget to change your politician. They are like diapers they need to be changed regularly, and for the same reason."
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  • madmax
    madmax Posts: 12,434
    edited November 2009
    I have a whole jar of the "one cent" pennies. Last night I found a handfull of some 1902 pennies while cleaning out one of my moving boxes.
    Vinyl, the final frontier...

    Avantgarde horns, 300b tubes, thats the kinda crap I want... :D
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  • concealer404
    concealer404 Posts: 7,440
    edited November 2009
    Wouldn't one have to melt them down first? I don't think scrap yards will take coins.

    But if they do, i'm off to start collecting pennies!
    I don't read the newsssspaperssss because dey aaaallllllllll...... have ugly print.

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  • bobman1235
    bobman1235 Posts: 10,822
    edited November 2009
    concealer404 wrote: »
    Wouldn't one have to melt them down first? I don't think scrap yards will take coins.

    Not only that, but it's illegal to do so.
    If you will it, dude, it is no dream.
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  • concealer404
    concealer404 Posts: 7,440
    edited November 2009
    bobman1235 wrote: »
    Not only that, but it's illegal to do so.

    So that confirms my confusion with the use of the website in general, then...
    I don't read the newsssspaperssss because dey aaaallllllllll...... have ugly print.

    Living Room: B&K Reference 5 S2 / Parasound HCA-1000A / Emotiva XDA-2 / Pioneer BDP-51FD / Paradigm 11se MKiii

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  • Jstas
    Jstas Posts: 14,806
    edited November 2009
    What's the point? Even if it was solid copper, it's still not worth much more than it is scrap. Main reason is, if you melt them down to ingots, you don't have an outlet because nobody who is looking for raw copper is going to buy from you because you don't have the facilities to guarantee your purity rates. All you have available to you is a scrapper and he's not going to give you full market value 'cause he's gotta eat too. That is if you can get him to take your wad of melted pennies 'cause he could be in a world of hurt himself for receiving such defaced currency.

    So even if you get 100 pennies, melt them down and get the copper out of them, a scrapper might give you 75 cents for your dollar to dollar and a quarter worth of penny copper. If he takes it at all.

    To make it worthwhile, you would have to go around to every convenience store and rip off the take-a-penny tray, every charity box and so on and you still won't have enough to cover your bail.

    Save your change and take it to the bank. It's money and doing anything other than buying goods or services, investing it or saving it is throwing it away. I know I don't make a habit of throwing my money away.
    Expert Moron Extraordinaire

    You're just jealous 'cause the voices don't talk to you!
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  • dee1949
    dee1949 Posts: 1,425
    edited November 2009
    ...the post was just for a "FUN" fact....not to be taken seriously.
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