$50,000 cash or $500,000 in pennies

[invincible1914]

How much interest can I earn on $1 million in 1 year?

Compound interest on $500,000 would generate $10,000 a year. Minus taxes would leave 7,500 extra a year for doing nothing.

Or I can pay off mortgage and car note and live that debt free life with a big savings

Both options are worth hard work it takes to get the coins converted. I’ve busted all day in the hot sun for $40-$50 a day. It might be a grind but I think it will be worth it.

 

[whatthatthangsmelllike]

This is the hack.

Would be easy as hell to find some hard-up dude to just dump pennies in a machine for you for $100 a day, he'd have you taken care of in no time.

fukk all that I’d pay for them to put them in rolls then head to the bank

 

[Fletch]

Coin star takes almost 10%...take it to the bank let them sort it out

 

[Pseudonym]

That reminds me of the man who paid his DMV fees in pennies.
Va. man sticks it to the DMV by paying with 300K pennies

What gets me is that I KNOW he went to the bank and they gave him rolled pennies. He unrolled them for the inconvenience and brought that shyt in wheelbarrows to the DMV.Prolly sat down and read a book and everything.

 

[big bun]

So do I want $50,000 or $500,000? Lemme think about that one .

 

[Rollie Forbes]

What gets me is that I KNOW he went to the bank and they gave him rolled pennies. He unrolled them for the inconvenience and brought that shyt in wheelbarrows to the DMV.Prolly sat down and read a book and everything.

Exactly! Dude's beyond petty.

 

[phcitywarrior]

Not a single person in here would have the knowledge or capabilities to melt pennies into copper. This isn't like starting a fire and throwing pennies into it. I'm sure there is heavy industrial equipment involved that will require being purchased for most of y'all cuz I doubt many or any have access to that type of equipment....

My question about the feds is how would they actually know someone melted pennies into copper to sell? Less so the logistics of doing it in this exact scenario but more so detection. Like is there a specific composition of metals within pennies that when melted would indicate "hey this isn't raw copper but from US mint". That's more say what I was getting at.

But going with your response, I'm sure there are industrial blacksmiths that have the equipment you could rent to smelt the pennies. Those blacksmiths should already service non vertically integrated copper miners that sell them raw copper ore for them to melt down to the final product.

melting copper - Google Search

Also, just saw this youtube video of a guy who melted some copper wires in a DIY home furnace so the knowledge or machinery doesn't seem too hard to get at least at a small scale.

 

[CreepyMcCreeperson]

Guess I’ll eat them




I know it’s illegal brehs but, all I’m saying is, Mexico

It’s illegal to transport more than $5 worth of pennies out of the country.

 

[ScoopNScore]

They still doing this?
A bank is paying people to bring in their spare change to help local businesses amid the coin shortage - CNN

...the Community State Bank launched a Coin Buy Back Program which offers a $5 bonus for every $100 worth of coins turned in to any of its seven locations. Anyone who brings by coins, whether they're a bank customer or not, can receive up to a maximum coin bonus of $500.

N they got 7 locations so I can hit up a different spot every day...Bout to enjoy my $525,000 with that quick maths

 

[Formerly Black Trash]

People saying cash must not know how a bank account works. Im throwing these pennies in my trunk and let the tellers figure it out

Better yet

I call the small banks for rich nikkas

I got this cash
Who going to arrange the best way to get this done?

 

[Primetime21]

Coin star takes almost 10%...take it to the bank let them sort it out

A lot of banks only take rolled coins. I cant even imagine how long it’d take to roll $500,000 in pennies.

 

[blockburna420]

No Bank is taking 500k in pennies and coinstar would be full after 20$ in pennies

 

[Michael's Black Son]

Pennies of course



This is what 50 million pennies looks like apparently

if this is what it really looks like i wouldn’t even bother trying to cash all of it out. Just leave it in a windowless shed like that in my back yard and when it’s time to buy groceries just scoop out 2 pitchers worth and dump it in the coinstar.

the receipt pops out and then pay for your shyt with the receipt. A couple of pitchers of pennies has to be like $30 at least and the machine will gobble that up in seconds.

the money is already yours so there’s no rush to cash it out unless you are in a shytty living situation.

 

[Amestafuu (Emeritus)]

@ people tryna cash out the pennies

 

[ball15life]

if this is what it really looks like i wouldn’t even bother trying to cash all of it out. Just leave it in a windowless shed like that in my back yard and when it’s time to buy groceries just scoop out 2 pitches worth and dump it in the coinstar.

the receipt pops out and then pay for your shyt with the receipt. A couple of pitchers of pennies has to be like $30 at least and the machine will gobble that up in seconds.

the money is already yours so there’s no rush to cash it out unless you are in a shytty living situation.

That's exactly what I would do. Just scoop when I need or scoop and out into account at random intervals