Sued51's Blog











{November 20, 2012}   Pennies for My Thoughts or My Thoughts on Pennies

Penny Jar

Penny Jar

I think there are two kinds of people: people who pick up discarded pennies and those who ignore them. I’m a penny collector and I have the jars around the house to prove it. And the jars do not even contain all the pennies. There are pennies in little dishes and on tables and in the car and in pockets of almost every jacket. And what are my plans for these pennies? Beats me. It’s a habit I inherited from my father; he always picked up change and somehow I don’t want to give up the habit because I would be giving up some piece of him.

Certainly it is not because of the money I make. When I was a child I would walk to the penny candy store (a couple of miles) and whatever I picked up along the way was what I could spend. But that was a long time ago. What do they buy now? I will admit that I have rolled some and brought them to the bank, but it is definitely a “round-to-it” task. It seems pointless with interest rates as low as they are. Another thought I had is that I would try to collect a penny dated for every year of my life. And do what with them?

A year ago my husband found this article. I certainly did not know there was such a thing as a penny hoarder! But I wouldn’t say I am one; the man referenced in the article has WAY beyond my meager amount of pennies. I did learn something though — that pennies before 1982 have more copper in them and are worth more than newer pennies. So what do I do with that knowledge? Now I have another “round-to-it” task: to go through the pennies and separate them. I put aside another big wine bottle for the process.

Big Penny Jar

Big Penny Jar

And how far have I gotten with that task? Hmmph.

But I’ll keep picking them up; I can’t help myself. It’s just been ingrained in me for too long. It’s free money after all.

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Hope you had a great Thanksgiving and are in the midst of a great Thanksgiving weekend!

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sued51 says:

Thanks, Russel and to you as well!

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I have my share of pennies, too. My husband saves all his coins, then after he gets a bundle he takes them to the casino.

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I forgot to thank you for following my blog! Great to have you! I’ll be following yours as well. 🙂

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Sunshine says:

ha, i love the wine bottles for penny collecting…excellent idea and never know, the pennies may prove to handy one day. 🙂

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sued51 says:

You wouldn’t believe how heavy those bottles are when they are full!

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TBM says:

I always pick up pennies and other change. Why not? Once I heard two financial guys calculate if it was worth picking up change–by the time they bent down would inflation have increased. I think these guys have too much time on their hands and should just start a penny collection.

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sued51 says:

Isn’t that silly…bottom line…it’s free money. If nothing else…it doesn’t help you learn the worth of things you buy. How many times you have to bend down to buy a cup of coffee…

________________________________

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😀 Just let us know before you get to the point where you cannot exit your house anymore due to the amount of pennies hanging around. We’ll come rescue you.

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sued51 says:

LOL! Thank you!

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Christi says:

When I was in high school, my friend Lauren would make barretts out of old pennies (they were cute in a kitschy sort of way), and she had to use pennies made before 1982 because of the same copper issue you mentioned. Funny how that comes up in conversation… And I also am a penny picker-upper. 🙂 Great post!

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sued51 says:

Christi,
Thanks for your comment (and your follow). The Penny barretts sound neat…I’m sure pennies have been used for many things…that could be a follow-up blog…what have you used pennies for?

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This really made me smile. I’ve got a couple of big jars full of pennies too.

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sued51 says:

I’m glad you enjoyed it, Naomi. 🙂

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