Dumb question

[Booth]

The Trevor Lawrence play that puzzled me was the spike at the end of the first half. They reviewed it to determine if the got the play off before the clock ran out. I was screaming at the TV because the review should have been whether the spike hit the ground before the clock ran out. I agree they snapped it right at zero, but the plays not over until the spike hits the ground, which was clearly on 0:00. There should not have been another play (field goal attempt.)

incept: I have never thought of it that way, but I agree with you. There should not be another play if the clock is showing zero.

 

[Booth]

In college he would be down, in the NFL he has to be touched otherwise he can get up and start running again.

Thanks, Don. I wasn't sure since it was the QB running once he went down, the play was over. I thought it might have something to do with protecting the QB from injury.

 

[Booth]

I would like to know if every penny in your town has disappeared as they have in the town I live in. No store has any pennies. They have signs at the front door telling you that they don't have any pennies, have correct change, or use a debit card. This happened the day the government announced it wasn't making any more pennies. They ask you if you want to round it off so they don't have to give you any change. Nobody you ask can tell you why they can't get any pennies.

 

[sprintstar]

They did that here in Canada a few years back and it is a pain in the ass. The powers at large want a cashless economy and it is a terrible thought.

 

[icsept]

I would like to know if every penny in your town has disappeared as they have in the town I live in. No store has any pennies. They have signs at the front door telling you that they don't have any pennies, have correct change, or use a debit card. This happened the day the government announced it wasn't making any more pennies. They ask you if you want to round it off so they don't have to give you any change. Nobody you ask can tell you why they can't get any pennies.

Where I’m at, many places are just rounding up the change to the nearest nickle. Nobody’s requiring exact change. They pay a fee on every debit card transaction, so they should prefer cash still.

 

[Don Wassall]

Where I’m at, many places are just rounding up the change to the nearest nickle. Nobody’s requiring exact change. They pay a fee on every debit card transaction, so they should prefer cash still.

Yes, that's the way to deal with it, rounding up or down.

And to Booth's question, if cents are disappearing because people are hoarding them, the people doing that are as idiotic as the U.S. coinage and currency system. There have been literally hundreds of billions of pennies minted since the Lincoln Memorial reverse began in 1959. They don't circulate, in fact the average coin in general barely circulates now compared to how they used to. Those hundreds of billions of cents will never have numismatic value, and if someone wants to hoard thousands of copper and zinc pennies in the hope that they can make money by having them melted for the metallic content at some point, good luck.

The penny should have been discontinued 40 or more years ago when it became worthless. Nickels too. Just round everything up or down to the nearest dime or quarter.

The dollar bill should have been discontinued when the hideous looking Anthony dollar coin was introduced in 1979. That was the only way they were going to circulate, but instead the imbeciles in Congress and the Treasury are still minting dollar coins nearly a half century on, and a half century on they still don't circulate. Every country that eliminated a paper currency in favor of a coin of the same nominal value eliminated the paper equivalent except for one.

To accommodate the realities of non-stop inflation over the years, the U.S. should have the dime and quarter as coins along with a dollar coin, a five dollar coin and a ten dollar coin. The half dollar circulated until the JFK design replaced the Franklin half and they were instantly hoarded. Of course they were also made of silver in their initial year of 1964 and 40% silver from 1965 through 1970. All silver coins quickly disappeared from circulation with the advent of clad coinage in 1965. Now the half dollar is commonly viewed as too large and cumbersome and won't circulate again unless its size is substantially reduced.

Paper money below the twenty dollar bill should be eliminated. The thousand dollar bill should be reintroduced (yes, they used to circulate; currently they're banned because of money laundering concerns supposedly). Then the U.S. would have a coin and currency system more fit for the 21st century instead of the current holdover one from the 19th century.

 

[knightedsoldier5000]

Yes, that's the way to deal with it, rounding up or down.

And to Booth's question, if cents are disappearing because people are hoarding them, the people doing that are as idiotic as the U.S. coinage and currency system. There have been literally hundreds of billions of pennies minted since the Lincoln Memorial reverse began in 1959. They don't circulate, in fact the average coin in general barely circulates now compared to how they used to. Those hundreds of billions of cents will never have numismatic value, and if someone wants to hoard thousands of copper and zinc pennies in the hope that they can make money by having them melted for the metallic content at some point, good luck.

The penny should have been discontinued 40 or more years ago when it became worthless. Nickels too. Just round everything up or down to the nearest dime or quarter.

The dollar bill should have been discontinued when the hideous looking Anthony dollar coin was introduced in 1979. That was the only way they were going to circulate, but instead the imbeciles in Congress and the Treasury are still minting dollar coins nearly a half century on, and a half century on they still don't circulate. Every country that eliminated a paper currency in favor of a coin of the same nominal value eliminated the paper equivalent except for one -- guess who.

To accommodate the realities of non-stop inflation over the years, the U.S. should have the dime and quarter as coins along with a dollar coin, a five dollar coin and a ten dollar coin. The half dollar circulated until the JFK design replaced the Franklin half and they were instantly hoarded. Of course they were also made of silver in their initial year of 1964 and 40% silver from 1965 through 1970. All silver coins quickly disappeared from circulation with the advent of clad coinage in 1965.

Paper money below the twenty dollar bill should be eliminated. The thousand dollar bill should be reintroduced. Then the U.S. would have a coin and currency system more fit for the 21st century instead of the current holdover one from the 19th century.

I would save any penny made before 1982. Those are worth 4X face value or 4 cents in copper value.

Also save nickels. Those are worth about 7 or 8 cents in actual metal value.

Not as exciting as silver coins, but those are the last of circulating coins that have actual real value.

 

[white is right]

I would like to know if every penny in your town has disappeared as they have in the town I live in. No store has any pennies. They have signs at the front door telling you that they don't have any pennies, have correct change, or use a debit card. This happened the day the government announced it wasn't making any more pennies. They ask you if you want to round it off so they don't have to give you any change. Nobody you ask can tell you why they can't get any pennies.

This happened in Canada in 2012 or so and within a week of the announcement most businesses stopped having pennies. I recall the same thing when the 2 dollar bill was rescinded. I remember they announced the last date of the printing of the last bill and within a day or 2 only a few battered bills were available at small shops.

In Canada they didn't roll out the 1 dollar coin properly and the coin was on the way of the US 1 dollar coin where it was more curiosity than regular currency as they printed 1 dollar bills for 2 years after rolling out the coin but nobody wanted a coin for obvious reasons so the government eventually stopped their circulation.

 

[Don Wassall]

I would save any penny made before 1982. Those are worth 4X face value or 4 cents in copper value.

Also save nickels. Those are worth about 7 or 8 cents in actual metal value.

Not as exciting as silver coins, but those are the last of circulating coins that have actual real value.

If you save 10,000 copper pennies you only have a hundred dollars in face value. Ten thousand coins are very heavy and take up a lot of space. And then what are you going to do with them? There's no copper or nickel shortage. No refineries are going to be interested in your 10,000 pennies, or even 100,000 or 1,000,000. Neither are any coin dealers. With the non-stop soaring inflation rate, you're better off periodically taking your coins to the bank and using the money along with other assets to invest in stocks, real estate, coins that have numismatic value, or purchase silver and gold bullion. Even CDs and low interest savings accounts will hold up better than having a bunch of useless copper sitting around for years. People holding silver and gold made a lot of profit of late; it ain't ever gonna happen that way with copper, it's too common and isn't a precious metal.

 

[white is right]

If you save 10,000 copper pennies you only have a hundred dollars in face value. Ten thousand coins are very heavy and take up a lot of space. And then what are you going to do with them? There's no copper or nickel shortage. No refineries are going to be interested in your 10,000 pennies, or even 100,000 or 1,000,000. Neither are any coin dealers. With the non-stop soaring inflation rate, you're better off periodically taking your coins to the bank and using the money along with other assets to invest in stocks, real estate, coins that have numismatic value, or purchase silver and gold bullion. Even CDs and low interest savings accounts will hold up better than having a bunch of useless copper sitting around for years. People holding silver and gold made a lot of profit of late; it ain't ever gonna happen that way with copper, it's too common and isn't a precious metal.

Yes good advice but I have seen signs by scrap metal dealers are metal taken and I have seen ethnic guys with vans peruse curbsides the day before garbage day and take fridges, stoves and old fashioned beds for scrap. We have even had organized crime gangs stealing copper and selling it to fences.

These crimes of stealing copper were the domain of drug addicts and the like but now ethnic criminals do it in an organized fashion. "Shockingly" the last crime group I saw had an Indian national as the fence but the thieves seemed to be Slavic criminals.

 

[Don Wassall]

There is a market for copper, but trying to profit by keeping one penny at a time until you have many thousands is an exercise in futility to me. I wouldn't do it but to each their own.

When the state quarters came out, they were hoarded by many. Same with the bicentennial quarters. Eventually most were turned into banks via rolls as the holders of them realized they were never going to have value beyond their face value. I get it that pennies have a slight value over their face value currently but again you need a huge amount to try to cash in and also to find someone who will pay for them. Very few dealers are interested in buying zillions of copper pennies as they only take up space. They buy coins that have numismatic value that they can turn around and sell at a profit.

And saying that pennies and nickels are now worth more than their face value often doesn't take into account the costs of minting those coins in addition to the metals involved. Also, the price of copper fluctuates and as a common base metal I don't see it soaring in price above the general rate of inflation like precious metals do periodically. And even then, there were many silver "stackers" who lost a lot money in recent decades as the stock market soared while the silver price never passed what it briefly peaked at back in 1980 until very recently.