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Re:They Found a Million Pennies. Now They Need Someone to Ta... by turtleyacht on Wednesday June 14, 2023 @10:02AM (#36326102)
A million pennies is US $10,000.
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Re:They Found a Million Pennies. Now They Need Someone to Ta... by valrix on Wednesday June 14, 2023 @01:26PM (#36329330)
Even if they're all "old" pennies with $0.02 worth of Copper, you can't legally melt them down. This means they're still just worth a cent, and like turtleyacht pointed out, that's only worth $10,000. Nobody is going to pay 2.5x times the price for some really old pennies found in a random basement. Especially since that's around 5,500 lbs of coins to move!
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Re:They Found a Million Pennies. Now They Need Someone to Ta... by fortran77 on Saturday June 17, 2023 @01:50AM (#36367662)
And nobody will beleive that they haven't been inspected for "rare" pennies. (Also, most rare pennies are only worth something if uncirculated or in very good condition.)

Someone may pay _slightly_ over face value for the bank bags that are still sealed.

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Re:They Found a Million Pennies. Now They Need Someone to Ta... by FloatArtifact on Wednesday June 14, 2023 @02:06PM (#36329990)
Find a really scummy business that has a decent product worth about $10,000. Purchase the product in person with 1 million pennies. They are required to accept legal tender by law.
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Re:They Found a Million Pennies. Now They Need Someone to Ta... by fortran77 on Saturday June 17, 2023 @01:49AM (#36367653)
No they aren't.

https://www.federalreserve.gov/faqs/currency_12772.htm

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Re:They Found a Million Pennies. Now They Need Someone to Ta... by FloatArtifact on Friday June 23, 2023 @10:10PM (#36454771)
Well thank you for enlightening my knowledge of federal law on this regard. Clearly I was misinformed.
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