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Author Topic: Makes No  (Read 5102 times)

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Offline scgargoyle

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Re: Makes No
« Reply #20 on: April 04, 2016, 06:36:17 AM »
I just did some quick research, and a dollar in 1900 is equal to about $28 today. That means that a quarter today is worth about what a penny was back then. We could get rid of the penny, nickel, and dime.
I hope my ship comes in before the dock rots!

Offline Chuck White

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Re: Makes No
« Reply #21 on: April 04, 2016, 06:59:36 AM »
The U.S. penny used to be worth more than it's face value, but that was back when they were made of copper, now they're made out of zinc.

Anyone ever notice that a pocket full of change doesn't even "jingle" any more?    :-\
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Offline goose63

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Re: Makes No
« Reply #22 on: April 04, 2016, 07:32:17 AM »
I never take change out of my pocket to pay part of the bill it all go's in a coffee can for a year there can be as much as $500 in it.

A friend of mine did it for 25 years the lady at the bank was not happy when we brought in 6 10 gallon cream cans full of coin's  :D
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Offline WV Sawmiller

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Re: Makes No
« Reply #23 on: April 04, 2016, 08:21:33 AM »
   On our project in Kristiansand Norway many of the guys did that with their loose coins. A Kroner looked like a penny but was actually worth about 7 cents. They had one coin about the size of a quarter that was worth about $2 so it built up. At the end of their assignment the guys would often bring me their coins to cash out because I had the petty cash and the only bank account. I found the bank had a machine I could dump them in. It would count the money, spit out the foreign coins and give a tally of what I had deposited and put in in my bank account. From that I'd go back and settle up with the guy in paper money. One guy had close to $1,000 he had accumulated in change over the course of his assignment. Many had over $400 built up.
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Offline Magicman

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Re: Makes No
« Reply #24 on: April 04, 2016, 08:40:35 AM »
If/when I need a " washer I'll drill a hole through a penny.  Store bought " washers cost 3.
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Offline Bandmill Bandit

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Re: Makes No
« Reply #25 on: April 04, 2016, 08:47:30 AM »
I still have a dozen pristine $1.00 bills (Canadian). Just for laughs, every 5 years or so I will try to spend one. I've never been turned away yet.

Funny thing though -- usually as I leave I'll see the clerk fishing a loonie out of her purse and swapping it for the dollar bill in the till ;D.

My Son has a collection of pristine  $2 bills. Every once in a  while he takes one out and takes it to a restaurant.

Most times the young staff think it is a counterfeit. He does not spend them but it is sure interesting the response they incite. 
If you ain't livin on the edge you are takin up way to much room. Of course at my age if I get too close to that edge any more theres a good chance I may fall off.
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Offline Peter Drouin

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Re: Makes No
« Reply #26 on: April 04, 2016, 10:38:32 AM »
If/when I need a " washer I'll drill a hole through a penny.  Store bought " washers cost 3.


That's against the law.   :D

Offline WV Sawmiller

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Re: Makes No
« Reply #27 on: April 04, 2016, 11:42:06 AM »
If/when I need a " washer I'll drill a hole through a penny.  Store bought " washers cost 3.
Lynn,

   A Japanese yen 5 or 50 yen piece already has a hole in it. My son was born in Okinawa while I was stationed there and we mounted his mobile over his crib using a 50 yen piece for a washer.

   We had a monument business in NW Fla and Dad would stick the granite pieces together with a sealing compound like a thick caulk. To keep it from squeezing completely out we always put a penny in each corner of every piece of granite as a spacer. Was cheaper than cutting up other shims.
Howard Green
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Dad always said "You can shear a sheep a bunch of times but you can only skin him once"

Offline 4x4American

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Re: Makes No
« Reply #28 on: April 04, 2016, 12:07:03 PM »
If/when I need a " washer I'll drill a hole through a penny.  Store bought " washers cost 3.


That's against the law.   :D


So is the income tax but that's another can of soup  O0
Boy, back in my day..

Offline Jim_Rogers

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Re: Makes No
« Reply #29 on: April 04, 2016, 12:10:00 PM »
When we raise a frame at a site we always place a coin in the corner pocket under a post. The coin must have the year date of the frame:

 

 

When I was doing a timber frame interior job we used a penny as the date marker because a penny is exactly 3/4" in diameter and it is easy to bore a hole:

 

 

The above penny was going to be hidden under a "dutchman" patch that was suppose to look like it was holding two timbers together end to end.

Jim Rogers
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Offline coxy

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Re: Makes No
« Reply #30 on: April 04, 2016, 03:24:19 PM »
I have a bunch of 1/2 pennys that my grandma gave me when I would do some things for her when I was little  thought i was rich till I got older and learnt how to count and figured out I was getting ripped off  :D :D

Offline Magicman

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Re: Makes No
« Reply #31 on: April 04, 2016, 09:09:03 PM »


 
During the Cabin Addition "Bedroom Project" I "found" the penny and business card that I put in the wall in 1995.   


 
And then added a 2015 penny and my present business card when I covered it back up.
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Offline Magicman

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Re: Makes No
« Reply #32 on: April 04, 2016, 09:31:56 PM »
If/when I need a " washer I'll drill a hole through a penny.  Store bought " washers cost 3.
  That's against the law.   :D 

You made me look, and there are many answers:  It is against the law to Sometimes. According to Title 18, U. S. C. section 331, it is illegal to "fraudulently alter, deface, mutilate, impair, diminish, falsify, scale, or lighten any of the coins coined at the mints of the United States, or any foreign coins which are by law made current or are in actual use or circulation as money within the United States".

The issue with this is what "fraudulently" exactly means. According to the US mint itself, "the mere act of compressing coins into souvenirs is not illegal, without other factors being present" because it probably doesn't entail fraudulent intent.


If you file a penny down to dime size and put it in a vending machine it is fraud and very much illegal.  Drilling a hole in a penny and using it for a washer has no fraudulent motive or intent. 



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Offline Peter Drouin

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Re: Makes No
« Reply #33 on: April 05, 2016, 07:22:25 AM »
So a hole is defacing, lighten, mutilate,  I think that's more than compressing.
Call it what you want.

Offline r.man

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Re: Makes No
« Reply #34 on: April 05, 2016, 07:36:36 AM »
As to collecting pocket change I had a friend who paid for his moose hunt up north every year with quarters salvaged from his pocket change at the end of the day. One year he found he didn't have enough money with just the quarters so he started saving the new loonie. That fixed his problem.
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Offline Stephen1

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Re: Makes No
« Reply #35 on: April 05, 2016, 07:45:53 AM »
I hate it when your change due is ~ $0.98 and the cashier gives you all nickels and pennies instead of a dollar bill
In the great north, since we got rid of the penny, we would get the $1 as change. now if it was .97 cents they would round down and you would get your pocket of nickles and dimes.
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Online Ianab

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Re: Makes No
« Reply #36 on: April 05, 2016, 08:32:27 AM »
I hate it when your change due is ~ $0.98 and the cashier gives you all nickels and pennies instead of a dollar bill
In the great north, since we got rid of the penny, we would get the $1 as change. now if it was .97 cents they would round down and you would get your pocket of nickles and dimes.

Same here.

98c change gets you a nice shiny gold coloured coin.

That's good to buy anything worth up to $1.04....
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Offline Roxie

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Re: Makes No
« Reply #37 on: April 05, 2016, 11:30:38 AM »
When the young lady in my avatar was four, her Granpa would give her any quarters that he had in his pocket, and she would dutifully put them in her coin bank.  One day she and her Mom were going shopping, and as Granpa reached into his pocket he said, "Let me give you some money," and she replied, "Now Granpa, if I'm going shopping I'm going to need the green kind."  They grow up so fast.   :D
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Offline sandhills

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Re: Makes No
« Reply #38 on: April 05, 2016, 03:42:39 PM »
Yes they do!  :)

Offline Den Socling

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Re: Makes No
« Reply #39 on: April 05, 2016, 08:03:05 PM »
When we are in NZ and I'm in a check out line, I just hold out a handful of change and tell the cashier to take what they need.  :D Mighty confusing!


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