You used to be able to order legal tender from the US mint, pay for it at face value with a credit card, then get money back from the credit card company.
Those machines do not press a penny – at least not in the US. The “penny” is a British coin; the current smallest US coin is the “cent” (as a kid I did have a half cent). And the length of time and breadth of usage of the misnomer does not change the fact that there is not, and never has been, a US “penny”.
In 2012 during a trip through Paris we stopped in at the Sacre Coeur. There was a service going on so we respectfully stayed out along the outer walls. Behind the pulpit in the Apse were several machines where you could change 5 francs into a commemorative coin. There were automated money changers in the temple. I was gob smacked. I had a hard time holding my laughter in. I kept imagining an animitronic Jesus storming over and turning the machines over. Would have made a heck of a floor show. I keep the coin handy to remmind me to mind the hypochrisy in my life.
Algolei I 5 months ago
You used to be able to order legal tender from the US mint, pay for it at face value with a credit card, then get money back from the credit card company.
You made money by buying money.
c001 5 months ago
“They charged you money to destroy more of your money” – normal bankers’ behavior.
The Wolf In Your Midst 5 months ago
I always thought those machines were pretty impressive.
Cozmik Cowboy 5 months ago
Those machines do not press a penny – at least not in the US. The “penny” is a British coin; the current smallest US coin is the “cent” (as a kid I did have a half cent). And the length of time and breadth of usage of the misnomer does not change the fact that there is not, and never has been, a US “penny”.
Plumb.Bob Premium Member 5 months ago
In 2012 during a trip through Paris we stopped in at the Sacre Coeur. There was a service going on so we respectfully stayed out along the outer walls. Behind the pulpit in the Apse were several machines where you could change 5 francs into a commemorative coin. There were automated money changers in the temple. I was gob smacked. I had a hard time holding my laughter in. I kept imagining an animitronic Jesus storming over and turning the machines over. Would have made a heck of a floor show. I keep the coin handy to remmind me to mind the hypochrisy in my life.