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<p>[QUOTE="Michael K, post: 26487573, member: 78298"]Boo hoo the local banks are running out.</p><p>The US Mint produced since 2010 100 billion pennies.</p><p>From 2000-2009 another 75 billion.</p><p>That's 175 billion just in this century and there are PLENTY</p><p>from 1959-1999. People will just have to bring in their jars of pennies to</p><p>coin star, local banks, etc. There are enough in circulation for over 20 more years before this rounding up and down nonsense needs to start.</p><p>Yes there are some that have been destroyed, because they are made out of zinc for the last 42 years and some have been collected. But it is a drop in the bucket compared to the total output. The population of the US is 342 million. Lets say even 200 million of them have a $5 jar of pennies in their house. That's 100 billion. There's still an equal amount in circulation, and half of those that are sitting in jars can be redeemed. There's no shortage, yet. A majority of people don't even use cash anyway.[/QUOTE]</p><p><br /></p>
[QUOTE="Michael K, post: 26487573, member: 78298"]Boo hoo the local banks are running out. The US Mint produced since 2010 100 billion pennies. From 2000-2009 another 75 billion. That's 175 billion just in this century and there are PLENTY from 1959-1999. People will just have to bring in their jars of pennies to coin star, local banks, etc. There are enough in circulation for over 20 more years before this rounding up and down nonsense needs to start. Yes there are some that have been destroyed, because they are made out of zinc for the last 42 years and some have been collected. But it is a drop in the bucket compared to the total output. The population of the US is 342 million. Lets say even 200 million of them have a $5 jar of pennies in their house. That's 100 billion. There's still an equal amount in circulation, and half of those that are sitting in jars can be redeemed. There's no shortage, yet. A majority of people don't even use cash anyway.[/QUOTE]
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