Virginia man spends $1,000 to deliver 300,000 pennies to Lebanon DMV

 

LEBANON, Va. — After carting the fifth and final wheelbarrow of pennies into the Lebanon Department of Motor Vehicles Wednesday, Nick Stafford could feel the burn in his arms.

http://www.heraldcourier.com/news/virginia-man-spends-to-del...

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Nuvi 2595 LMT When you come to a fork in the road- take it. (Leo)

Great Article

I admire a man who who stands up for what he believes is right.
However, I do feel sorry for the employees that had to count the pennies, I wonder if the state paid overtime? laugh out loud

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Nuvi 2460LMT 2 Units

Ha! Ha!

What a great story!

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Shooter N32 39 W97 25 VIA 1535TM, Lexus built-in, TomTom Go

Sounds like...

Shooter wrote:

What a great story!

Sounds like to me that that guy has way too much money. smile

Phil

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Phil in Mentor, Ohio -- Garmin Nuvi 1450

They probably did as I do

When my change adds up I put it in a zip lock baggie, write my name and account number on the bag and add a deposit slip in the bag and take it to my bank.
They send it out somewhere and in a few days I get an email with my deposit amount.

Easy.....

I have counted it a couple of times to see if they are doing it correctly and it comes out to the penny.

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Mary, Nuvi 2450, Garmin Viago, Honda Navigation, Nuvi 750 (gave to son)

coin counters

Don't most banks have automatic coin counters? They just dump them into a spnning bin and it sorts and counts them. It has been a while since I have seen one of these in operation at a bank, so maybe there is newer technology these days to do it.

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Alan - Android Auto, DriveLuxe 51LMT-S, DriveLuxe 50LMTHD, Nuvi 3597LMTHD, Oregon 550T, Nuvi 855, Nuvi 755T, Lowrance Endura Sierra, Bosch Nyon

We have them at Wegmans grocery store in the North East

but they charge a percentage.

alandb wrote:

Don't most banks have automatic coin counters? They just dump them into a spnning bin and it sorts and counts them. It has been a while since I have seen one of these in operation at a bank, so maybe there is newer technology these days to do it.

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Nuvi 2460LMT.

Count Your Change

I haven't use the coin counter at my local TD bank for some time now. It used to by yiu put the coins in the tray and it will count for you. You then get a receipt and bring it to the teller and they give you cash.

I just discovered that the TD Bank FREE service has been discontinued and the machines were removed from the banks beginning in May 2016.
I came across this article that stated TD bank was ripping off customers.
Damn it, no wonder I couldn't even afford a happy meal when I left the bank with my proceeds. mad

http://time.com/money/4343425/td-bank-coin-counting-machines...

Here are some banks that offer coin counting machines, some are free and others charge a percentage.there may be more.

https://www.mybanktracker.com/news/coin-counting-machines-ba...

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Nuvi 2460LMT 2 Units

Long ago

A very long time ago,the restaurant I worked at weighed the pennies and that was close enough.

New, unused or uncirculated copper cents weigh about 3.11 grams each or about 145 copper pennies per pound. New zinc cents are much lighter and weigh only 2.5 grams each yielding about 180 zinc pennies in a pound.

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Nuvi 2595 LMT When you come to a fork in the road- take it. (Leo)

My bank doesn't have one

alandb wrote:

Don't most banks have automatic coin counters? They just dump them into a spnning bin and it sorts and counts them. It has been a while since I have seen one of these in operation at a bank, so maybe there is newer technology these days to do it.

My bank has to send it somewhere to have it put through a coin counter as they no longer have one, why I don't know.

My bank does not charge to send them out.

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Mary, Nuvi 2450, Garmin Viago, Honda Navigation, Nuvi 750 (gave to son)

...

pwohlrab wrote:

but they charge a percentage.

Well yeah, if you are using something like Coinstar which rips you off in most cases. But my credit union (and even some banks) offer free coin counting machines that don't charge fees for customers.

The Lost (Canadian) Penny

This wouldn't work very well in Canada... we no longer have pennies. Although banks will still accept pennies if you bring them in, you can't get them from a bank. So this fellow would actually have to have saved up the 300,000 pennies on his own.

Coin counters

mgarledge wrote:

... My bank has to send it somewhere to have it put through a coin counter as they no longer have one, why I don't know. ...

Banks like most businesses look for ways to cut costs. They either have to purchase and maintain public coin counters or lease them. Most banks and credit unions offered them as a free service to their customers, but may not have found them economical for the light use they may have gotten and may have found it less expensive to outsource the coin counting.

As for the OP, I'm surprised as I've heard in the past of individuals protesting a fine or tax by paying with pennies and they were refused and the courts upheld that paying large sums in pennies was not reasonable.

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"There's no substitute for local knowledge" nüvi 750, nüvi 3597

Me Too

TXRVer wrote:

As for the OP, I'm surprised as I've heard in the past of individuals protesting a fine or tax by paying with pennies and they were refused and the courts upheld that paying large sums in pennies was not reasonable.

I saw that in the news a couple of years ago. However, it could be that the court ruling was from a state court in a different state, and not a federal court, so this guy was not automatically affected by the previous ruling.

- Tom -

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XXL540, GO LIVE 1535, GO 620

A penny Saved

Is a penny earned.

AND

ericruby wrote:

Is a penny earned.

I pick up every penny I see laying in the parking lots or wherever. No telling over the years how much I have made. Maybe $1.00. smile

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Mary, Nuvi 2450, Garmin Viago, Honda Navigation, Nuvi 750 (gave to son)