Is there a practical use for a penny as an object?
You can get 100 little metal discs for $1.00. It costs a lot more to get the same thing but not currency.
Aside from shitty gimmicks like tiling a countertop, or straight melting them down, what purpose can be served by a penny as a metal disc?
Fill a sock with like 3 bucks worth of em and bam youve made a god damned flail
take a penny worth one cent.
drill a hole in it.
you now have a 12 cent washer.
This
Or whip them at oncoming traffic
A zinc washer is basically fucking useless.
I recently needed some washers in a hurry. Cheaper than B&Q.
Clearly creating scale mail is the best answer
Use platina to turn them into silver and gold color. Try to fool people into buying them.
I use them as crush washers.
Nice idea, but isn't there hardly any soft metal like copper in them anymore? Canadian pennies were up to 95% steel by the time we got rid of them for good.
They're mostly zinc, which is softer than copper
You can hoard pre 1982 pennies and wait for them to discontinue the penny altogether. They're each worth .03 in copper, maybe more by now
>wait for them to discontinue the penny altogether
Whether or not they discontinue the penny, YOU will never be legally allowed to reap the rewards.
If they discontinue currency, then destroying it for profit is legal
>straight melting them down
For what? What would you possibly need melted pennies for? Just roll them up, take them to the bank and exchange them for bills.
Pennies dated 1982 or before are 95% copper.
The mint will never discontinue pennies. They're the mint's most profitable coin. Seriously.
The US Mint is not a for-profit institution. Did you think the people who run it own the coins produced?
>The US Mint is not a for-profit institution. Did you think the people who run it own the coins produced?
The Mint is absolutely a for-profit institution. They are funded by the profit generated by minting coins for circulation. They mint them at a cost that's less than their face value and then "sell" them to the Federal Reserve Bank for face value. The profit is called seigniorage. They also profit from the sale of commemorative and bullion coins.
Don't believe me? Read it yourself in their annual budget report:
https://www.usmint.gov/wordpress/wp-content/uploads/2023/02/2022-United-States-Mint-Annual-Report.pdf
"The Mint recognizes revenue from the sale of circulating coins at face value when they are shipped to the FRB."
Earning revenue and MAKING a profit is not the same thing as being FOR profit. A for-profit institution distributes its profits to people like owners, shareholders, etc. The Mint is an agency of the US federal government. It receives some funding from the Department of the Treasury, and any net income beyond operating expenses is given to the Treasury (were it is removed from circulation and effectively disappears from the economy). The people who work at the mint and make the coins don't see a dime (metaphorically) of the profit from seigniorage, and that profitability is not what determines coin production quotas.
The Mint is an agency of the US federal
>MAKING a profit is not the same thing as being FOR profit
Did you even read this before you posted it?
>A for-profit institution distributes its profits to people like owners, shareholders, etc.
The Mint distributes its profit back to its owner, the US Treasury.
>any net income beyond operating expenses is given to the Treasury
So it gets distributed to its owners...
>were it is removed from circulation and effectively disappears from the economy
What difference does it make what the Treasury does with the profits after they receive them?
>The people who work at the mint and make the coins don't see a dime (metaphorically) of the profit from seigniorage
First of all, the workers at most normal businesses don't see a dime of company profits. Why would Mint employees get a cut? Secondly, they DO benefit from the seigniorage becusee it directly funds their jobs.
>profitability is not what determines coin production quotas.
I never said it was.
Don't you wish you'd finished that night school business class?
do you sand them smooth first? otherwise defeats the purpose of a crush washer
They smush flat
You're all defacing currency and WILL be arrested.
I taught my 10 year old cousin how a bench grinder works with pennies.
you could make some form of Eye E Dee, dip it in glue and then roll it in the pennies for when you want to not only be anti social, but anti personnel.
I've used quarters as copper blanks in garden gnomeelry making.
Nickels are worth more than 5¢ as raw copper.
nickels aren't raw copper though
Copper is going to be expensive so save all your pre 1983 ones and melt them into ingots.
I have no clue how you would turn those ingots into pipes and wiring but you get the picture.
Just save them, don't even melt them afterwards since you could get a bit of premium as they are already a coin