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Thread started 11/06/05 5:59pm

matt

Sr. Moderator

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Do you spend or save your change?

Do you spend the coins you get in change, or do you throw them in a jar or similar container?

Five years ago, I used to spend them. It was part of my "dollar coin activism." The "Golden Dollar" coin had just been released, and I was cleaning out post office stamp vending machines so I could spend as many of the coins as possible. Here's what I'd do: insert a $20 bill and 37 cents, buy one stamp, collect the change, and repeat until I had hundreds of dollars in uncirculated Golden Dollars, plus a few stamps.

Well, the Golden Dollar turned out to be almost as unsuccessful as the Susan B. Anthony dollar coin, and using it was hurting my performance at Where's George?. So I reluctantly went back to using paper dollars, and I just tossed all my change into a jar. The exception was quarters, which I put in a separate dish for use in laundry machines. (My ex-wife always said, "Quarters are sacred.")

These days I have a washer and dryer in my apartment, so I deposit all coins, including quarters, into a piggy bank. Yes, it actually looks like a pig.

Yesterday I realized that it was getting full, so I emptied it out and rolled the coins so I could deposit them at the bank. (And isn't that a fun way to spend your Saturday night?) Not that anybody cares, but here's what I ended up with:


  • $83 in rolled coins
  • $12.36 in loose change due to incomplete rolls and my running out of penny wrappers
  • 4 quarters that I set aside for my 50 State Quarters collection
  • 2 nickels that I set aside (both of this year's coins in the Westward Journey Nickel Series)
  • 11 cents in Canadian coins, which I set aside and put with my Canadian currency for my next trip north of the border canada


Notes:


  • The number of quarters was artificially low becuase until July, I was using coin-operated laundry machines.
  • Two of the pennies had the old "wheat" reverse used between 1909 and 1958. Since neither of them was worth more than 25 cents, and one might have been artficially cleaned (which kills the value), I decided to toss them in the rolls as a surprise for someone.
  • The oldest coin was a 1940 nickel.
  • The vast majority of the coins were from the Denver mint, which is probably because I live on the West Coast now. I think I'm going to have a harder time putting together a complete set of all 50 State Quarters from both the Philadelphia and Denver mints.


twocents
Please note: effective March 21, 2010, I've stepped down from my prince.org Moderator position.
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Reply #1 posted 11/06/05 6:00pm

luv4u

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I save my money
canada

Ohh purple joy oh purple bliss oh purple rapture!
REAL MUSIC by REAL MUSICIANS - Prince
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Reply #2 posted 11/06/05 6:02pm

CarrieMpls

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I tend to spend them. But I have a change jar in my apartment as when I clean I tend to find change EVERYWHERE.
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Reply #3 posted 11/06/05 6:07pm

matt

Sr. Moderator

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CarrieMpls said:

I tend to spend them.


Do you spend them in most of your transactions, or save them for certain uses such as vending machines, tollbooths, or transit fareboxes?
Please note: effective March 21, 2010, I've stepped down from my prince.org Moderator position.
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Reply #4 posted 11/06/05 6:11pm

CarrieMpls

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matt said:

CarrieMpls said:

I tend to spend them.


Do you spend them in most of your transactions, or save them for certain uses such as vending machines, tollbooths, or transit fareboxes?


Since I currently have a car, Mpls has no tollways and I get free laundry in this apartment, I use them at work almost exclusively. It's weird. I rarely feel like hunting down the correct change when I'm out and about, but if I pick up a soda or a newspaper at the little store in my building, I almost always pay in change. Since I pick up a paper every day, that usually does it. I'll pay in dimes and pennies, they really don't care. But that's about the only place I do it.
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Reply #5 posted 11/06/05 6:23pm

matt

Sr. Moderator

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CarrieMpls said:

I'll pay in dimes and pennies, they really don't care.


Heh... that reminds me of a protest attempted a few years ago by Chicago-area drivers who were paying their tolls entirely in pennies. The idea was to make the automatic toll collectors fill up and stop working.

The fareboxes on the buses here take pennies, so I'll have to keep that idea in mind. It seems to be at least the unofficial policy of King County Metro that if the farebox is broken, everybody gets a free ride. evillol
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Reply #6 posted 11/06/05 6:36pm

EskomoKisses

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I have a bank that looks like a coke bottle that we dump our change in...Jason tends to steal quarters for the vending machines at work, but for the most part it adds up quite quickly.

We used to have a really huge Coke bottle one (about 2 1/2 feet tall) before we were married, when we cashed it in it was only just past the base "bump" and it was well over $400 in less than a year biggrin

I think I'm going to follow my cousin's example and start putting all our change in a piggy (hopefully a giraffe acutally) bank for the kiddo smile
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Reply #7 posted 11/06/05 9:00pm

Horsefeathers

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I save most of my change. I have a couple of tins I use... one for quarters and the other for all else. I cash it in at the end of the year as a little Christmas bonus. Last year, it came up to over $400.
Murica: at least it's not Sudan.
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Reply #8 posted 11/06/05 10:32pm

notoriousj

matt said:

Do you spend the coins you get in change, or do you throw them in a jar or similar container?

Five years ago, I used to spend them. It was part of my "dollar coin activism." The "Golden Dollar" coin had just been released, and I was cleaning out post office stamp vending machines so I could spend as many of the coins as possible. Here's what I'd do: insert a $20 bill and 37 cents, buy one stamp, collect the change, and repeat until I had hundreds of dollars in uncirculated Golden Dollars, plus a few stamps.

Well, the Golden Dollar turned out to be almost as unsuccessful as the Susan B. Anthony dollar coin, and using it was hurting my performance at Where's George?. So I reluctantly went back to using paper dollars, and I just tossed all my change into a jar. The exception was quarters, which I put in a separate dish for use in laundry machines. (My ex-wife always said, "Quarters are sacred.")

These days I have a washer and dryer in my apartment, so I deposit all coins, including quarters, into a piggy bank. Yes, it actually looks like a pig.

Yesterday I realized that it was getting full, so I emptied it out and rolled the coins so I could deposit them at the bank. (And isn't that a fun way to spend your Saturday night?) Not that anybody cares, but here's what I ended up with:


  • $83 in rolled coins
  • $12.36 in loose change due to incomplete rolls and my running out of penny wrappers
  • 4 quarters that I set aside for my 50 State Quarters collection
  • 2 nickels that I set aside (both of this year's coins in the Westward Journey Nickel Series)
  • 11 cents in Canadian coins, which I set aside and put with my Canadian currency for my next trip north of the border canada


Notes:


  • The number of quarters was artificially low becuase until July, I was using coin-operated laundry machines.
  • Two of the pennies had the old "wheat" reverse used between 1909 and 1958. Since neither of them was worth more than 25 cents, and one might have been artficially cleaned (which kills the value), I decided to toss them in the rolls as a surprise for someone.
  • The oldest coin was a 1940 nickel.
  • The vast majority of the coins were from the Denver mint, which is probably because I live on the West Coast now. I think I'm going to have a harder time putting together a complete set of all 50 State Quarters from both the Philadelphia and Denver mints.


twocents






so I emptied it out and rolled the coins so I could deposit them at the bank. (And isn't that a fun way to spend your Saturday night?) Not that anybody cares


So this is what happens when I am chatting with you online, and my laptop goes to shit from a battery death and I finally get the damn thing back online and you are not there.
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Reply #9 posted 11/06/05 10:48pm

nilegettolrahc

I don't suffer from an overabundance of change hmmm I do tend to pay exact change wherever I can to lighten my purse.
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Reply #10 posted 11/06/05 10:49pm

matt

Sr. Moderator

moderator

notoriousj said:

So this is what happens when I am chatting with you online, and my laptop goes to shit from a battery death and I finally get the damn thing back online and you are not there.


comfort Sorry... I thought you'd logged off for the night.
Please note: effective March 21, 2010, I've stepped down from my prince.org Moderator position.
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Reply #11 posted 11/07/05 1:54am

CalhounSq

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I meter park during the week, try to save quarters whenever possible...

That said, how much of a fucking rip off is it that a quarter in San Francisco only buys you 10 minutes on the meter??!!! whofarted disbelief
heart prince I never met you, but I LOVE you & I will forever!! Thank you for being YOU - my little Princey, the best to EVER do it prince heart
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Reply #12 posted 11/07/05 4:41am

XxAxX

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i save my pennies in a jar, spend the rest
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Reply #13 posted 11/07/05 4:42am

retina

I've posted this before, but I recently found $1000 in coins in a basket at home. I'd been saving them for years and forgotten all bout it.
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Reply #14 posted 11/07/05 4:56am

PREDOMINANT

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matt said:

Do you spend the coins you get in change, or do you throw them in a jar or similar container?

Five years ago, I used to spend them. It was part of my "dollar coin activism." The "Golden Dollar" coin had just been released, and I was cleaning out post office stamp vending machines so I could spend as many of the coins as possible. Here's what I'd do: insert a $20 bill and 37 cents, buy one stamp, collect the change, and repeat until I had hundreds of dollars in uncirculated Golden Dollars, plus a few stamps.

Well, the Golden Dollar turned out to be almost as unsuccessful as the Susan B. Anthony dollar coin, and using it was hurting my performance at Where's George?. So I reluctantly went back to using paper dollars, and I just tossed all my change into a jar. The exception was quarters, which I put in a separate dish for use in laundry machines. (My ex-wife always said, "Quarters are sacred.")

These days I have a washer and dryer in my apartment, so I deposit all coins, including quarters, into a piggy bank. Yes, it actually looks like a pig.

Yesterday I realized that it was getting full, so I emptied it out and rolled the coins so I could deposit them at the bank. (And isn't that a fun way to spend your Saturday night?) Not that anybody cares, but here's what I ended up with:


  • $83 in rolled coins
  • $12.36 in loose change due to incomplete rolls and my running out of penny wrappers
  • 4 quarters that I set aside for my 50 State Quarters collection
  • 2 nickels that I set aside (both of this year's coins in the Westward Journey Nickel Series)
  • 11 cents in Canadian coins, which I set aside and put with my Canadian currency for my next trip north of the border canada


Notes:


  • The number of quarters was artificially low becuase until July, I was using coin-operated laundry machines.
  • Two of the pennies had the old "wheat" reverse used between 1909 and 1958. Since neither of them was worth more than 25 cents, and one might have been artficially cleaned (which kills the value), I decided to toss them in the rolls as a surprise for someone.
  • The oldest coin was a 1940 nickel.
  • The vast majority of the coins were from the Denver mint, which is probably because I live on the West Coast now. I think I'm going to have a harder time putting together a complete set of all 50 State Quarters from both the Philadelphia and Denver mints.


twocents



This truly is a fascinating post, and in many ways optimises GD forum for me. Totally pointless, but I read every word, thanks for sharing thumbs up!

As a rule, I chuck all change in a pot by the door at home, pick out £2 and £1 coins when I leave for work the next day, maybe scrabble around for 50p and 20p coins if I get an attack of the munchies and don't have any real cash on me at 11pm at night. The pot, therefore, tends to accumulate, pennies, tupennies, 5 and 10 pence pieces. These are periodically transferred to another container that, from time to time, gets bagged up and taken to the bank.

Usually amounts to about £30 to £50 each time.

I hate carrying change though, would all be credit card if I had my way.

twocents
Happy is he who finds out the causes for things.Virgil (70-19 BC). Virgil was such a lying bastard!
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Reply #15 posted 11/07/05 10:14am

EskomoKisses

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PREDOMINANT said:



I hate carrying change though, would all be credit card if I had my way.

twocents



That's why our change doesn't accumulate very fast. We both use our debit card for almost everything nod
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Reply #16 posted 11/07/05 10:15am

Natisse

I save it... it comes in extremely handy sometimes nod
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Reply #17 posted 11/07/05 10:59am

matt

Sr. Moderator

moderator

PREDOMINANT said:

This truly is a fascinating post, and in many ways optimises GD forum for me. Totally pointless, but I read every word, thanks for sharing thumbs up!


You're very welcome. mr.green

As a rule, I chuck all change in a pot by the door at home, pick out £2 and £1 coins


I wonder if my coin habits would change if we'd followed Canada's lead and replaced our $1 and $2 bills with coins. (Here in the U.S., we have both a $1 bill and coin, but the coin isn't used much, except in vending machines and transit systems, and the $2 bill rarely circulates.) Whenever I go to Canada, I have to remind myself to spend my "loonies" and "toonies," or else I'll come home with quite a bit of Canadian money.

I hate carrying change though, would all be credit card if I had my way.


I tend to run all large purchases through my Northwest Airlines Visa (one frequent flier mile for every dollar spent) and then pay the charge online as soon as it appears. In fact, I wish my landlord would accept rent payments by credit card.
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Reply #18 posted 11/07/05 11:54am

emm

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EskomoKisses said:

We both use our debit card for almost everything nod


yeah me too... although when you do have cash you accumulate quite a bit of big change in coins so you have to spend it.
often you can buy purchases under $10 with just coins because of these



i don't understand why the u.s. government tried to circulate the dollar coin without pulling the paper bill. people won't get used to something new if they don't have to. but i like them. much easier in vending machines than trying to get a crumpled bill to feed smile
[Edited 11/7/05 11:55am]
doveShe couldn't stop crying 'cause she knew he was gone to stay dove
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Reply #19 posted 11/07/05 12:01pm

Nothinbutjoy

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In good times, it goes in a jar.

In lean times, it gets spent along with what's in the jar.

twocents
I'm firmly planted in denial
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Reply #20 posted 11/07/05 12:11pm

Rhondab

We save around here.


Doing that has actually fed us on some days.
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