Picking Up Pennies

[seaar2000]

I figure for every coin I pick up its money Uncle Sam didn't tax me on!

[em1880]

I always pick them up. When I'm out walking with my 3 1/2 year old son we always make a point of looking for some while we are on the way to the park, he love it and then they go in his piggy bank.

[mrpaseo]

Usually I pick them up, if my daughter is with me, I point them out and she picks them up. Occasionally, I will pass them over.

[wincrasher]

Gross. I don't think the risk of getting sick is worth it to pick up "found" money. A dog pooped that penny out for all you know!

Next thing you know you scratch your eye or (as many of you KNOW you do) pick your nose and BOOM! you got the flu.

[ferriwinkle]

Picking up pennies is no riskier than taking change from a store, do you think all of the pennies from the gas station are brand new? i see it as a penny found is a penny gained, and i always need to gain money, even if it is only a penny.

[LttlDriver]

just don't look down for pennies too much, keep your head up to stay on the lookcout for opportunities

[JoJoGal]

I do. I don't find them as often as I would want though...

[briandownie]

Someone told me once that whenever you find a penny it was left there by a past relative or friend to let you know that they're watching over you.

I always pick them up, it brings back fond memories of people I miss.

Brian

[nick__45]

My dad picks up pennies and he has $600k in the bank. He doesn't invest because he doesn't care for risks. He and I have no debt beside the mortgage but I think his will be paid off in 7 years and I need to refi mine to 15 but can't seem to find a cheap option since I hate paying for the big closing cost again after only 1 year of living there. I should have waited for another year to buy and get a much smaller/cheaper house.

I do pick up pennies, not to spend or save but to make tools and toys out of them. You can make money by melting pennies and sell them for metal. But I think it is a against the law to do that, a felony I think; not for selling but for purposely destroying currency. I highly doubt a jury will convict you because a good lawyer will say that anyone using highlighter to check the water market can be charged of the same crime too. However, the profiting and mass destruction will get you in trouble somehow. I make toys or tools, which is legal in a gray sense because I am doing the same thing all of rest stop places owned by the government do with pennies and quarter (making a key chain charm out of coins.)

Additionally, pennies make great buck shot, according to Hollywood. I haven't tried that one yet because it will ruin the barrel.

[nick__45]

Originally Posted by JoJoGal

I do. I don't find them as often as I would want though...

That's because more people are picking them up now.

My kid and sister love them when we take them to the mall and let them spin in those giant coin tracks. A penny will put a small on 2 kids face. For 10 cents, aka 10 pennies, you can have your own Nascar experience.