Eliminate the Penny

Quote: bobbartop

I am personally offended by you calling me a liar. You cannot produce a link to where I said I was 40, because I never said I was 40. Guess what, YOU, are mistaken. lol AGAIN!

I will be waiting for you to produce my claim of being 40, Once you tire of that, then I will be waiting for you to apologize for calling me a liar.

But back to the gasoline, as I said, with the quarter that I had in my pocket at age 8, today I could buy two gallons of gasoline with it. Gas is cheap.

You can't even remember what you posted fifteen minutes ago. You didn't say what you just said you did.
As Judge Judy says, if you always tell the truth, you don't need a good memory.

Quote: billryan

You can't even remember what you posted fifteen minutes ago. You didn't say what you just said you did.
As Judge Judy says, if you always tell the truth, you don't need a good memory.

I said two things, which were the same thing. By the way, they were both in plain English. I said that with the dollar I had in my pocket at 8 years old I could now buy seven gallons of gasoline. I also said, which was the same thing, that with the quarter I had in my pocket at age 8, I could now buy two gallons of gasoline. Ether way, gas is much cheaper. If you want to read into that something other than plain English, knock yourself out, it's a free country.

When shall I expect your apology for calling me a liar? I still feel personally insulted. Don't take too long because apparently I am supposed to remember times and dates and stuff. And I don't wanna.

Eliminate the Penny, and bring back the Sixpence. So people who are tilted by basic arithmetic will starve to death trying figure out how to buy a burrito. Darwin shall rule again.

Quote: DrawingDead

Eliminate the Penny, and bring back the Sixpence. So people who are tilted by basic arithmetic will starve to death trying figure out how to buy a burrito. Darwin shall rule again.

Read this aloud to my coworkers just now, and got a nice laugh. Well played.

Quote: bobbartop

I said two things, which were the same thing. By the way, they were both in plain English. I said that with the dollar I had in my pocket at 8 years old I could now buy seven gallons of gasoline. I also said, which was the same thing, that with the quarter I had in my pocket at age 8, I could now buy two gallons of gasoline. Ether way, gas is much cheaper. If you want to read into that something other than plain English, knock yourself out, it's a free country.

When shall I expect your apology for calling me a liar? I still feel personally insulted. Don't take too long because apparently I am supposed to remember times and dates and stuff. And I don't wanna.

1964, the last year we minted coins of silver, prolly is important in that gas price discussion. Gas bought with paper dollars was $.249 in 1971 when I started (legally) driving.
I got a couple pounds of those 64 or earlier silver coins that I collected then.
Got a hundred pounds of pennies, most 58 or earlier (Wheat pennies) that I collected then too! All sorted out by year and mint mark in old prescription bottles, D, S, or plain for Philly.
I was a strange child.....

Oh! And a bag of Buffalo Head nickels, some $5 Silver Certificates, rolls of uncirculated coin, etc ;-/)

Source US Mint: https://www.usmint.gov/about_the_mint/fun_facts/?action=fun_facts2

The Composition of the Cent

Following is a brief chronology of the metal composition of the cent coin (penny):

• The composition was pure copper from 1793 to 1837.

• From 1837 to 1857, the cent was made of bronze (95 percent copper, and five percent tin and zinc).

• From 1857, the cent was 88 percent copper and 12 percent nickel, giving the coin a whitish appearance.

• The cent was again bronze (95 percent copper, and five percent tin and zinc) from 1864 to 1962.
(Note: In 1943, the coin's composition was changed to zinc-coated steel. This change was only for the year 1943 and was due to the critical use of copper for the war effort. However, a limited number of copper pennies were minted that year. You can read more about the rare, collectible 1943 copper penny in "What's So Special about the 1943 Copper Penny.")

• In 1962, the cent's tin content, which was quite small, was removed. That made the metal composition of the cent 95 percent copper and 5 percent zinc.

• The alloy remained 95 percent copper and 5 percent zinc until 1982, when the composition was changed to 97.5 percent zinc and 2.5 percent copper (copper-plated zinc). Cents of both compositions appeared in that year.

I can add people are hoarding pre 82 pennies for their copper content anticipating being able to melt them. There is a rise in new pennies bringing down the pocket change ratio of 20% copper pennies in circulation. They're not legs to melt at this moment, but they're speculating. Not sure the worth of these older pennies, but they're worth more than a penny.