Asked By: Adrian Patterson Date: created: Feb 08 2022

What can I do with all my pennies

Answered By: Raymond Jenkins Date: created: Feb 10 2022

To help you combat the penny problem, here are some strategies for spending them, plus ways to put them to creative use.DEPOSIT THEM AT THE BANK.

TAKE THEM TO A COINSTAR MACHINE.

MAKE A COLD COMPRESS.

CREATE DIY DRAPERY WEIGHTS.

SEPARATE THEM INTO DENOMINATIONS BEFOREHAND TO MAKE SHOPPING EASY.

DECORATE YOUR FLOORS …More items….

Asked By: John Wilson Date: created: Apr 24 2022

Can you melt down pennies and sell the copper

Answered By: Ethan Russell Date: created: Apr 27 2022

Mint has implemented an interim rule that makes it illegal to melt nickels and pennies, or to export them in mass quantities. With the soaring price of copper, a melted-down penny or nickel is now worth more than it would be in its regular state at face value.

Asked By: Donald Martinez Date: created: Nov 10 2021

How much is a penny worth in scrap

Answered By: Charles Gonzales Date: created: Nov 10 2021

At 2.95 grams of copper per penny, we have a total of 5,919 pounds, which a scrap dealer might be willing to buy for $17,757 ($3.00 per pound).

Asked By: Justin Henderson Date: created: Nov 06 2021

Is it illegal to make a floor out of pennies

Answered By: Logan Patterson Date: created: Nov 08 2021

Is A Penny Floor Illegal? No, penny floors are not illegal. Using pennies as a building material is perfectly legal. Contrary to popular belief, you can even damage the pennies or melt them down completely in order to create the penny floor of your dreams.

Asked By: Alex Thompson Date: created: Jan 17 2022

How many pennies can you legally pay with

Answered By: Douglas Lewis Date: created: Jan 18 2022

20 penceWhat are your rights with coins? Amazingly the British Coinage Act (1971) states that 1p and 2p coins are only legal tender up to the value of 20 pence. However, you can use more coins if the person you’re paying is willing to accept them.

Asked By: Bryan Williams Date: created: Dec 10 2021

How much is a $2 bill worth

Answered By: Caleb Coleman Date: created: Dec 12 2021

Most large size two-dollar bills issued from 1862 through 1918, are highly collectible and are worth at least $100 in well-circulated condition. Uncirculated large size notes are worth at least $500 and can go up to $10,000 or more.

Asked By: Oliver Rivera Date: created: May 24 2022

Do banks have to accept pennies

Answered By: Blake Parker Date: created: May 25 2022

If a business doesn’t want to take pennies — or a $100 bill, for that matter — it has a legal right to refuse them. … Retailers need pennies to return to customers, banks need pennies to give to the retailers, and the Fed needs pennies to give to the bank. All so you can drop one on the sidewalk on your way out.

Asked By: Chase Gonzalez Date: created: May 08 2021

How much is 1 penny a day doubled for 20 days

Answered By: Bernard Torres Date: created: May 10 2021

On day 15, you’ll have $163.84, and on day 20, you’ll have $5,242.88. As you keep doubling that number, you’ll end up with $5,368,709.12 at the end of thirty days.

Asked By: Alfred Hill Date: created: Apr 21 2021

How much would a penny be worth if it doubled for 30 days

Answered By: Louis Alexander Date: created: Apr 22 2021

If you took a single penny and doubled it everyday, by day 30, you would have $5,368,709.12. However, it’s important to note that it’s all about the power of doubling – if you asked the same question, but changed the doubling time to just 27 days, you would only have $671,088.64.

Asked By: Sean Martinez Date: created: Feb 20 2022

What happens if you double a penny every day for 30 days

Answered By: Mason King Date: created: Feb 20 2022

If the penny were to be allowed to double for another 30 days, the penny would grow to over $5 quadrillion (five thousand trillion!) dollars.

Asked By: Matthew Bennett Date: created: Jun 04 2022

How much is a 1000 dollar bill worth

Answered By: Chase Murphy Date: created: Jun 05 2022

Heavily circulated bills are worth anywhere between $2,000 to $5,000. Bills in Good to Fine condition can go for between $5,000 to $12,000. Uncirculated or almost-uncirculated notes can be worth 10’s of thousands of dollars. Circulated notes in good condition are worth about $1,800.

Asked By: Nathan Jackson Date: created: Feb 17 2021

Are old pennies worth anything

Answered By: Jason Long Date: created: Feb 20 2021

For most pennies, those minted in recent years are worth, well, a penny. Most wheat cents (wheat pennies were minted between 1909 and 1956) are worth about 4 to 5 cents. Those in better condition can have double-digit value. … And pennies dated from 1879 to 1909 are worth at least $1.

Asked By: Kyle Morgan Date: created: Jul 23 2021

How many pennies will a bank take

Answered By: Jayden Smith Date: created: Jul 26 2021

Number of Coins in a Standard RollDenominationNumber of CoinsFace ValuePenny or 1 Cent50$0.50Nickel or 5 Cents40$2.00Dime or 10 Cents50$5.00Quarter or 25 Cents40$10.002 more rows•Sep 30, 2020

Asked By: Lucas Young Date: created: May 28 2022

Do banks take pennies 2021

Answered By: Gerld Ramirez Date: created: May 28 2022

Quick Note #1 – As pennies are still a legal currency in Canada, you can actually pay your bills at the bank using pennies.

Asked By: Cole Jackson Date: created: Jul 01 2021

How much is a penny a day doubled for a year

Answered By: Sebastian Mitchell Date: created: Jul 04 2021

Clearly, the answer is one penny doubling in value every day for one year is worth more than $1 million.

Asked By: David Martin Date: created: Nov 09 2021

Is Coinstar a ripoff

Answered By: Miles Morris Date: created: Nov 09 2021

Coinstar charges a fee to be able to deposit your coins and get cash back. Yep, that’s right, you have to pay them money to get cash from your coins. … Luckily for you, we’re here to show you how to deposit your coins for free and Coinstar allows you do to do it. It’s not illegal and they even show this on their site.

Asked By: Jason Nelson Date: created: Mar 09 2021

What banks take pennies

Answered By: Aidan Sanchez Date: created: Mar 11 2021

Currently there are a few banks that we know of that will take your coins:Citibank (requires coin rolls and some fees may vary)Community Savings Banks (requirements vary)US Bank (no rolls but current customers only)Bank of America (requires coin rolls)First County Bank.Western Credit Union.Peoples United.Feb 25, 2021

Asked By: Robert Davis Date: created: Oct 05 2021

Can you deposit pennies at the bank

Answered By: Adrian Hayes Date: created: Oct 07 2021

Consumers can turn in their coins for cash at banks, which will give them their full value. Banks do not charge a fee to their customers when they deposit coins, but many require that the coins be rolled in wrappers. Some banks like Wells Fargo will exchange rolled coins for noncustomers without a fee.

Asked By: Mason Howard Date: created: Mar 06 2021

Why don’t we get rid of the penny

Answered By: Evan King Date: created: Mar 06 2021

Economist Greg Mankiw of Harvard University argues that pennies are simply no longer useful as a means of exchange: “When people start leaving a monetary unit at the cash register for the next customer, the unit is too small to be useful.” There are precedents for getting rid of coins that are too small to use.

Asked By: Xavier Griffin Date: created: May 24 2022

Where can I sell my copper pennies

Answered By: Cole Cook Date: created: May 26 2022

1. Sell them on Craigslist or Ebay. Many people are hoarding these old pennies in bulk.

Asked By: Miles James Date: created: Feb 15 2022

Do banks still take pennies in 2020

Answered By: Matthew Williams Date: created: Feb 18 2022

Yes. The penny will retain its value indefinitely. As such, consumers can use pennies for cash transactions with businesses that choose to accept them. … Canadians can continue to deposit pennies at their financial institution.

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