12 Stories

Man Butts Heads With DMV, Gets the Last Laugh

Nick Stafford dropped off 1,548 pounds of pennies on Wednesday

(Newser) - "If they were going to inconvenience me then I was going to inconvenience them," says Nick Stafford of employees at his local DMV, which received 298,745 unrolled pennies weighing 1,548 pounds on Wednesday. Stafford's payment came after months of butting heads with DMV workers. The... More »

Man Pays Speeding Ticket With Many, Many Pennies

As in 22K of them

(Newser) - "I didn't hurt anybody. I didn't endanger anybody's life." That's what Texas man Brett Sanders tells NBC-DFW to explain his indignation over a $220-plus speeding ticket he recently received while driving near his Frisco home. Sanders was fined for driving 9 miles over the... More »

Man Cashes in 500K Lucky Pennies

Otha Anders' $5K fortune will help pay off a dental bill

(Newser) - Otha Anders picked up his first lucky penny more than 45 years ago. Since then, he's gone out of his way to get as many as possible, each one a "God-given incentive reminding me to always be thankful," the 73-year-old tells the News-Star of Monroe, La. "... More »

Man, 81, Cashes in 500 Lbs. of Pennies Worth ... Not a Lot

The grand total: $816

(Newser) - Save every penny you encounter over more than 60 years, and you could end up with 500 pounds' worth. But that lifetime of saving may be worth more in bragging rights than in financial gain. A Texas man has deposited his 81,600-penny collection, wowing bankers and earning him a... More »

Car Dealer Gives Woman Refund —in Pennies

He empties jars to comply with DMV order

(Newser) - A Florida car dealer ordered to give a refund to a customer whose car had transmission problems grudgingly coughed up—by emptying his penny jars. A 23-year-old international college student says the DMV told Holiday Motors to give her a $400 refund after she was charged for labor costs not... More »

We Lost $105M Making Pennies, Nickels

Time to take the nickel out of nickels?

(Newser) - Making small change was a big money-loser for the US Mint—and the American taxpayer—last year for the eighth year in a row, with the loss from making pennies and nickels adding up to $105 million. Rising metal prices have made the cost of minting the coins rise to... More »

Mint Tells Singer to Pay for Using Photo of Pennies

But Canadian government backs down as he launches penny drive

(Newser) - A folk singer was stunned when penny-pinchers at the Royal Canadian Mint told him he would have to pay for using pennies in a photo on the cover of his new album. Nova Scotia singer Dave Gunning was told that there would be no charge for the first 2,000... More »

Let's Replace Dollar Bills With Coins

And while we're at, it's time to ditch pennies, too: Los Angeles Times

(Newser) - Here's a quick way to cut government spending: Stop making one-dollar bills. Switching to coins could save us some $5.5 billion over 30 years, write the editors of the Los Angeles Times . That's the lifespan of a coin, while a paper dollar lasts only 3 years. Want... More »

Man in Trouble After Paying $25 Bill With 2,500 Pennies

Move may cost Jason West an extra $140

(Newser) - A Utah man was cited for disorderly conduct after he paid a disputed medical bill—because he happened to settle his tab with 2,500 pennies. Though Jason West did ask clinic workers if they accepted cash, they probably weren't expecting him to dump an avalanche of coins on... More »

Man Pays Back Taxes in Pennies

He had to visit 10 banks to do it

(Newser) - The city of Hartford got its most annoying tax payment ever yesterday, when a man showed up with a hand truck full of more than 30,000 pennies. Brian Kiros was furious over his $301.76 tax bill: He’d moved to Vermont a year and a half earlier but... More »

Penny, Nickel Overhaul Makes No Sense to Many

Many resistant to changing small change

(Newser) - President Obama's plan to save $100 million a year by making pennies and nickels from cheaper material may seem like a no-brainer, but the idea of changing the country's small change isn't an easy one to swallow for some. Laundromat owners, zinc lobbyists, and the many Americans who mistakenly believe... More »

Paulson Wants to Toss Pennies

Costs outweigh value of small change, but government has no plans to cash out

(Newser) - Henry Paulson sees little point in pennies and would stop their production if he could, the AP reports. “The penny is worth less than any other currency,” the Treasury Secretary said today in a radio interview. But a sea change in change isn't imminent: Paulson says he... More »

12 Stories