Why Are Nevada Casinos Paying People For Their Coins????

[jjgold]

10%

[pologq]

it's a scam to get people's money. i heard it was backed by someone called JJ Gold.

[Ian]

"Paying people for their coins"... please elaborate.

[johnnyvegas13]

Like slot machine tokens???

[jjgold]

I think many casinos giving people money in exchange for coins
Nevada

[Snowball]

digitization agenda

everything moving to tracking and surveilance

linked to IRS in real-time is on the way

[19th Hole]

digitization agenda

everything moving to tracking and surveilance

linked to IRS in real-time is on the way

~~~

Federal Reserve Convenes U.S. Coin Task Force with Industry Partners
Strategic Allocation of Coin Inventories
United States Mint Statement on Circulating Coins
Video: United States Mint Public Service Announcement
How the Federal Reserve Fosters Payment and Settlement System Safety and Efficiency (PDF)
What is the Federal Reserve doing in response to COVID-19?

[flyingillini]

The penny will be obsolete by 2040, it is already in the works, that is the projected date for it to be gone.

[ChuckyTheGoat]

"Paying people for their coins"... please elaborate.

Yes, plz elaborate. I could see it for the modern NICKEL. Not dime or quarter.

The nickel is HEAVY (relative to the 5-cent face value). $1.00 in nickels has a higher melt value:

Answer:

Total melt value is $1.15.

...b/c of the copper/nickel metal.

[JIBBBY]

Coins suck, they weigh down your pockets.

I have a full BIG bucket of coins at home collecting dust that I accumulated over the years. It's heavy as shit and I'm unmotivated to find a coin counter some where and lug it in. Chase Bank where I bank doesn't have a counter. Even the banks don't want the coins these days.

[19th Hole]

Penny ante

[INVEGA MAN]

They are not taking my guns or my change!!

[TommieGunshot]

Which casinos are doing this?

[jjgold]

Ballys is giving 20% on your change while that green machine at the grocery store is charging you 10-15%. Cashier said you don’t need to roll your change either.

[TommieGunshot]

Ballys is giving 20% on your change while that green machine at the grocery store is charging you 10-15%. Cashier said you don’t need to roll your change either.

Just another jj troll job.

[jjgold]

Plenty of people did this promo

losers missed out

[Fishhead]

Coin promos wonderful here.

Primm has a good going, bring in 100 in coin, get 50 in food.

[pologq]

banks by me want you to roll it and write your account number on each roll. i have no patience to do so. hard to find a coin counter also.

a bank should bring it back. great selling point.

[ChuckyTheGoat]

banks by me want you to roll it and write your account number on each roll. i have no patience to do so. hard to find a coin counter also.

a bank should bring it back. great selling point.

Polo, pennies and nickels now have greater melt value than the face value. Want a tip? Look at your pennies for copper dates.

Spend the dimes/quarters over the counter. Govt is ripping you off w/ low-metal value.

[SlickFazzer]

I am collecting them now Illini. Great long term collector value. Especially pre 1982 where the copper
copper content was 95%.

The penny will be obsolete by 2040, it is already in the works, that is the projected date for it to be gone.

[Fishhead]

I am collecting them now Illini. Great long term collector value. Especially pre 1982 where the copper
copper content was 95%.

Ask JJ, started doing this 2008......................DOUG, RIP, got me started.

Have about $2,000 worth of copper pennies in my closet, all in BANK BAGS.

[ChuckyTheGoat]

Ask JJ, started doing this 2008......................DOUG, RIP, got me started.

Have about $2,000 worth of copper pennies in my closet, all in BANK BAGS.

Another great tip. Salud.

Only problem is that they start to take up a good bit of room. Could be more liquid in the near future.

[SlickFazzer]

Great idea FH, copper will be in high demand in the next 25 years with all the GREEN initiatives.

Ask JJ, started doing this 2008......................DOUG, RIP, got me started.

Have about $2,000 worth of copper pennies in my closet, all in BANK BAGS.

[flyingillini]

I am collecting them now Illini. Great long term collector value. Especially pre 1982 where the copper
copper content was 95%.

Actually it is only 94.2% but the governement says 95% I am a penny guy and know this for a fact. It seems like not a big deal but it is a very big deal.

[SlickFazzer]

Thanks Illini,

I have gotten into collectible coins the past few years, but have much to learn on the topic.

[grekos]

Peppermill in Reno does it for free

[Fishhead]

Peppermill in Reno does it for free

Why do it for free when some are PAYING extra?????

Ellis Island in Vegas cashes coins for free

[JIBBBY]

Do people even pay with cash or coins anymore? With Creddit Cardd reward points and rebate cash back why would anyone use cash anymore? I know I don't..

[Fishhead]

Do people even pay with cash or coins anymore? With Creddit Cardd reward points and rebate cash back why would anyone use cash anymore? I know I don't..

************ great right now
2-5% cash back........tax free
The WELLS FARGO card is awesome

[Fishhead]

************ great right now
2-5% cash back........tax free
The WELLS FARGO card is awesome

Wells Fargo
$200 bonus
2% cash back everything
No interest for 15 months

GOD, I LOVE THE USA

[JIBBBY]

************ great right now
2-5% cash back........tax free
The WELLS FARGO card is awesome

Plain stupid to pay with cash these days. You are being financially irresponsible if you do!


AAmerica Exxpress offers 5% back at major grocery chain stores which is crazy good kick backs that I take advantage of monthly.

Other cards that offer 5% cash back. https://wallethub.com/best-5-cash-back-credit-card

[solring]

The penny will be obsolete by 2040, it is already in the works, that is the projected date for it to be gone.

Source?

[newton0038]

My guess there I'd no doubt a couple billion dollars in counterfeit coins in circulation. They go completely undetected. Trying to inventory the current circulation is a daunting task.