Sunday, February 10, 2013

Coined For Money: Round-Up Feb. 4-10, 2013

Let us see if how the internet is supporting coins. First they link to wonderful articles, then they create coins that will never exist, and finally they created a great infograph that fools you into thinking you are not being cheated.

Coin Update's Roundup has links confirming that the 2013 White Mountain quarter is being minted in higher numbers. They also kindly linked to my recent find and I greatly appreciate it.

Amazon is introducing Amazon Coins which will be 1 Amazon coin to 1 U.S. cent. Only for the app-store but it may join other private virtual currencies that are trying to take over the internet.

The Canadian cent is still legal but so is rounding.
Basically...
  • $0.01 and $0.02 gets you $0.00; 
  • then $0.03, $0.04 gets you $0.05;
  • next $0.06, $0.07 gets you $0.05;
  • last $0.08, $0.09 gets you $0.10;
How much you want to bet someone will try to turn in 3 cents for a nickel. What will happen is that all products will be adjusted to end in  $0.01, $0.02, $0.06, and $0.07 this will cost you a few cents but will reap millions to certain large chain stores.

2 dollars worth, for Comments/Questions click here.:

Anonymous said...

I have a 1944 penny and on the back there are marks of finger prints on it. i tried to wash it and see if it could come off but it didn't. i was wondering if it has any extra value because it looks really cool.

Man said...

1944 penny and on the back there are marks of finger prints on it. i tried to wash it and see if it could come off but it didn't. i was wondering if it has any extra value because it looks really cool.

Finger prints permanently damages a coin because of the chemical reaction.

It has less value for that and washing it also lowers the value.

Since this is also a common coin it's about $0.03 if circulated.