Death to Pennies

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  • Опубліковано 29 лис 2011
  • www.cgpgrey.com/

КОМЕНТАРІ • 19 тис.

  • @kimgkomg
    @kimgkomg 5 років тому +12192

    The only use of the penny is for scratch off cards, which means that the penny's main use is actually to help you lose money.

    • @KnakuanaRka
      @KnakuanaRka 5 років тому +194

      Dr. Peopers I usually use quarters for that, the odd time we actually buy a ticket.

    • @wolfie__lol
      @wolfie__lol 4 роки тому +55

      What if you need a penny cuz something you want costs 10.21 hmMMMMmMmMmmmMmMmMmMM 🤨
      Edit: for the people who are still replying. It’s a joke

    • @pkhappy4729
      @pkhappy4729 4 роки тому +21

      ITS_NIGHT_WOLFIE then it would’ve rounded down

    • @tyxgamer3
      @tyxgamer3 4 роки тому +19

      @@wolfie__lol then I just use a $10 bill and a $1 bill.

    • @wolfie__lol
      @wolfie__lol 4 роки тому +5

      @@tyxgamer3 but we still need pennies. No matter what a penny is money!

  • @polygondwanaland8390
    @polygondwanaland8390 4 роки тому +31833

    Fun fact! In 2020, after another 9 years of inflation, the penny is 15% less valuable than when this video was made!

    • @makse10
      @makse10 4 роки тому +867

      DEATH
      TO
      PENNIES

    • @yukidoodle5347
      @yukidoodle5347 4 роки тому +683

      @@coltongamez4675 why so negative?

    • @0wolfmoon
      @0wolfmoon 4 роки тому +359

      @@yukidoodle5347 Shilling for the pennies?

    • @jimstanley_49
      @jimstanley_49 4 роки тому +316

      @@coltongamez4675 I'm not sure what "indormation" means, but you might think a little about how _all_ of your currency is being made worth less and less until it is worthless. About how putting money in savings is a poor investment because even with the meager interest it will earn, it still _loses_ value to inflation.

    • @mac4951
      @mac4951 4 роки тому +77

      Ughhhhhhh. Thanks for making me more upset that it’s still around.

  • @TheBelger99
    @TheBelger99 2 роки тому +5012

    Fun fact! In 2022, after another 11 years of inflation, the penny is 23% less valuable than when this video was made!

    • @YHDiamond
      @YHDiamond Рік тому +181

      Half of that inflation is the past year.
      Hmmm

    • @anderenaam3091
      @anderenaam3091 Рік тому +39

      With 2% inflation per year it would be over 24% less buying power.

    • @anthonyspinozzi1312
      @anthonyspinozzi1312 Рік тому +40

      @@YHDiamond funny how that works doesn't it? Rooting for Brandon!

    • @lunaticbz3594
      @lunaticbz3594 Рік тому +14

      Depending on when in 2022 you do the math the number will change a lot. 2% inflation target used to be hard to reach, now it's nearly impossible to get it back that low.

    • @professorcube5104
      @professorcube5104 Рік тому

      fun fact: the us is actually discontinuing pennies

  • @Beans2.
    @Beans2. 2 роки тому +1080

    Fun fact: you can also use pennies as a souvenir by putting them in one of those penny stampeders.

    • @TaliyahP
      @TaliyahP Рік тому +123

      I like how crushing a penny is legal, but melting it isn't

    • @randomfolk9545
      @randomfolk9545 Рік тому +33

      @@TaliyahP you can do both, if you try to use as currency then, then thats a crime

    • @dylanoelrichs8423
      @dylanoelrichs8423 Рік тому +5

      @@YourChannel-r4v That is false. The penny will not stop the train.

    • @angryanchouart4384
      @angryanchouart4384 Рік тому

      done that

    • @EredediIsildur
      @EredediIsildur Рік тому +25

      You can also injure yourself by putting them in your nose
      Not talking from personal experience, maybe

  • @shayleemurray7318
    @shayleemurray7318 6 років тому +8012

    Seven years later and we still have the penny

    • @radioactiveseaotter
      @radioactiveseaotter 5 років тому +17

      Why did you come here?

    • @hj8970
      @hj8970 5 років тому +3

      No No no 6 years

    • @aidanlevy2841
      @aidanlevy2841 5 років тому +90

      just another way in which Canada is ever so slightly better :P

    • @Cont0rt
      @Cont0rt 5 років тому +14

      Hehe WE never HAD PeNiEs!
      Did I spell that right I'm from NZ sooooo ya.

    • @Chloopa
      @Chloopa 5 років тому +30

      I live in canada no pennies here

  • @StarshadowMelody
    @StarshadowMelody 3 роки тому +7791

    melt the pennies into a giant copper statue of lincoln. That way everyone's happy.
    Well, almost everyone.

    • @Darkestsheltz
      @Darkestsheltz 3 роки тому +268

      @@sonofsanto why?

    • @konfused1342
      @konfused1342 3 роки тому +558

      @@Darkestsheltz they wouldnt, they just wanted to
      comment something

    • @EhmedCousCous
      @EhmedCousCous 3 роки тому +65

      *zink

    • @slimsh8dy
      @slimsh8dy 3 роки тому +371

      @@sonofsanto away down south in the land of traitors

    • @aidenweinstein9664
      @aidenweinstein9664 3 роки тому +230

      @@slimsh8dy rattle snakes and alligators!

  • @MrAkantor133
    @MrAkantor133 2 роки тому +247

    Some cool info! Ten years on, the penny now costs 2.1 cents to manufacture. On top of that too, the nickel costs 8.5 cents to make.

    • @cablefeed3738
      @cablefeed3738 2 місяці тому +2

      Yes, but I like the nickel I don't want everything rounded to the tenths position

  • @morgin2609
    @morgin2609 2 роки тому +138

    The only time I ever really cared about pennies was to save time because of how little they were worth. When I got out of high school I bounced around a couple fast food jobs until I was a manager at one of my jobs then I stuck around for a bit. I really got a handle of the customer service parts of the job early on into my working life. Most of those jobs I had I dealt with lobby and drive thru customers. Despite making low wages, I still kept pennies in my pocket for customers. Once in a while you bump into a customer whose total is 1 or 2 cents over an even dollar amount who just rounds up to the next dollar (for example their total; is 4.02 and they give you a 5 dollar bill). Pennies are useless enough where I can offer them out in that situation and save time for both me and the customer at practically no cost to me. Plus lots of people appreciate when you can hand them back a dollar bills instead of 3 quarters, 2 dimes, and 3 or 4 pennies.

    • @SuperNielsch
      @SuperNielsch Рік тому +15

      In the Netherlands, when the total amount it 4.02 and the customer wants to pay by cash, the cashier will round the total down to 4.00 and give back 1 euro when the customers pays with a 5 euro bill.

    • @morgin2609
      @morgin2609 Рік тому +6

      @@SuperNielsch Nice, I like that! Shoutouts to the Netherlands

  • @The.dudeinator
    @The.dudeinator 4 роки тому +10020

    As a kid I used to hate the fact that people were trying to rid themselves of pennies... and then I grew up and realized things cost more than a dollar

    • @alexcholagh8330
      @alexcholagh8330 3 роки тому +131

      I still use pennies dimes nickels quarters and half dollars and dollar coins. Pennies still have power but not as much it did in the 1970s and early 1980s. There's few vending machines,lots and lots of charities,banks coinstars,mom and pop stores,some local candy bars that cost 50 cents you can use 50 or less pennies, business transactions and taxes that still rely on the pennies. There not entirely worthless plus they do help beat inflation and keep mom and pop stores open.

    • @mefit8725
      @mefit8725 3 роки тому +250

      @@alexcholagh8330 Imagine all this you just described... But with 5cents instead xd

    • @alexcholagh8330
      @alexcholagh8330 3 роки тому +29

      @@mefit8725 if we switched to the 5 cents prices will go up because of greed when rounding alot of companies will raise price's instead of paying 1.25 your paying 1.45 if not more but as supply and demand increases it goes up over the years and less then 30 years the 5 cent will be somewhat useless like it's predecessor the penny because of the greed and inflation. The penny prevents such things by keeping the prices balanced and low based on competition if a candy bar is 1.25 one place will sell it 1.18 or 1.22 rather going up in prices based on high rounding.

    • @mefit8725
      @mefit8725 3 роки тому +224

      @@alexcholagh8330 That's just your speculation based on no facts.
      Even when cents stop being produced they will still be used.
      Several countries like New Zealand, Australia, Netherlands and Canada got rid of their 1cents with no economical catastrophy you're discribing.
      Ultimately, if people chose to, they could still use the single cents. But pumping out more and more of them just wastes money and time.

    • @alexcholagh8330
      @alexcholagh8330 3 роки тому +6

      @@mefit8725 they raised prices and pays in Canada Europe and other countries. But in the United States the prices will go high cause of greed and it will hurt peoples pays

  • @just-mees
    @just-mees 2 роки тому +4647

    Unironically seeing a trollface is like discovering an ancient artifact

  • @ryzanmusic3293
    @ryzanmusic3293 Рік тому +65

    Fun fact: the United States has already phased out two other coins with presidents on them: the $1 coin (with Ike before they went to the Susan B. Anthony variation in 1979 and the Modern variation in 1999) and the $0.50 coin (they are still made with JFK, but you rarely see them in circulation). Getting rid of the penny wouldn't really be a bad thing since only collectors really care about them, and even then they care more about the older ones (pre 1982). So really there is no reason to keep the penny.

  • @genericname4739
    @genericname4739 2 роки тому +254

    What would be kind of funny is that ironically abolishing the Penny would make it valuable. Older pennies like the Indian Head and Wheat pennies would rise more in value and the pennies after the wheat penny would start to gain in value. Similarly the Half Cent is actually not worth half a cent they can be from worthless , to thousands of dollars. The Penny would become more powerful if Discontinued than if it were to continue.

    • @oz_jones
      @oz_jones Рік тому +27

      Mostly to collectors though. If it would be abolished, it wouldnt be legal tender

  • @CaptainDoomsday
    @CaptainDoomsday 3 роки тому +2588

    Here in Canada, we got rid of pennies a while ago. Nothing's really changed. The only difference is that now dimes are the coins so small nobody bothers to pick them up.

    • @KasabianFan44
      @KasabianFan44 3 роки тому +58

      He made a video on Canada’s pennies too.

    • @wildec2
      @wildec2 3 роки тому +67

      The thing I thought was bizarre about Canada was that noone uses the 50c, and the mint just gave up even trying to get people to use it. Wiki suggests that this might be because the majority of people think that its still made of silver and hoard it, but how could people be so wrong for so long?

    • @stephenkoebel3923
      @stephenkoebel3923 3 роки тому +75

      @@wildec2 I was about to comment that Canada doesn't have a 50c coin... However now I'm astounded I've never seen one.

    • @BBB_bbb_BBB
      @BBB_bbb_BBB 3 роки тому +39

      I'm honestly of the opinion that if they get rid of our nickels and dimes I'd be happy. Whenever I get a coffee at Tim's or something I literally never take anything less than a quarter because I think they're more effort than they're worth.

    • @Ari-hc1vr
      @Ari-hc1vr 2 роки тому +21

      @@BBB_bbb_BBB They almost literally are. It's less of a concern now though, since most people use cards. What with the pandemic and all.

  • @ZizoLeCalamar
    @ZizoLeCalamar 3 роки тому +1830

    I'm a cashier in France.
    Believe him, the euro 1 cent coin really is ridiculously small.
    And I keep dropping em it's driving me nuts

    • @XeroOps
      @XeroOps 3 роки тому +35

      Dutch child here. I feel u

    • @shxhebx2039
      @shxhebx2039 3 роки тому +6

      Tbh im from the balkans and i have seen a one cent coin once in my life

    • @CygnusLaboratorys2056
      @CygnusLaboratorys2056 3 роки тому +21

      i live in Germany and i dunno the only time i had trouble with the 1 cent euro coin was when i was trying to throw snap them
      harder to do when the Projectile is smaller than the thumb finger print

    • @calebryan1716
      @calebryan1716 3 роки тому +23

      I'm from Ireland and there's an endless stream of 1 2 and 5 cent coins just lying everywhere that no one could be bothered with

    • @CygnusLaboratorys2056
      @CygnusLaboratorys2056 3 роки тому +6

      @@calebryan1716 xD
      its great throwing equipment then xD

  • @luizalves8071
    @luizalves8071 2 роки тому +766

    The fact that there's someone out there that would advocate for the maintenance of the penny because it would be unpatriotic to stop producing a coin because a certain dude would stop being printed on said coin is absolutely bonkers to me. The US sure is a weird country

    • @TJStellmach
      @TJStellmach 2 роки тому

      We're pretty hard core with our veneration of dead presidents.

    • @googiegress7459
      @googiegress7459 Рік тому

      Seems like the main advocate for keeping pennies is the company that sells the zinc blanks to the government.

    • @TaliyahP
      @TaliyahP Рік тому

      I was debating someone on Reddit about changing the Ontario flag from the Red Ensign because to them "it would be erasing our history" to change it. That backwards mindset exists everywhere.

    • @o7_AP
      @o7_AP Рік тому +56

      Not to mention he's also on the 5 dollar bill

  • @mowukamoon7024
    @mowukamoon7024 2 роки тому +76

    …I have a classmate named Penny. We had a sub and we challenged him to guess all our names with his eyes closed. He did it pretty quickly, but then started struggling with her, everyone started screaming, “a coin with little value.” I can’t get it out of my head, help.

  • @MemesnShet
    @MemesnShet 5 років тому +2531

    Grey:Whats your little daugher’s name?
    Dad:Penny
    Grey: *robot scream*

    • @Ginrikuzuma
      @Ginrikuzuma 4 роки тому +23

      @@ichijofestival2576 I guess the male equivalent would be if I called my son Nick or Nickolas as in a (nick)el isn't much better than a penny.

    • @leylandchan8334
      @leylandchan8334 4 роки тому +1

      Meh

    • @9nikolai
      @9nikolai 4 роки тому +14

      @@Ginrikuzuma No, that's the equivalent of someone being called Pen. The nickel equivalent of naming someone Penny is to name someone Nickel.

    • @00heyymill
      @00heyymill 4 роки тому +1

      haaaha

    • @gareththompson2708
      @gareththompson2708 4 роки тому +7

      I have a friend who says that robots will kill us all not out of rebellion, but because they are doing exactly what we told them to do and we didn't fully understand all of the implications when we told them to do it. For example, we tell the robots to kill pennies, and they include everyone named Penny in that directive.

  • @chartypeplays2396
    @chartypeplays2396 3 роки тому +6674

    So you're saying that instead of fixing our broken system, we made a sensible action illegal so we could keep using our old system? Yeah, that sounds like us.

    • @doodlebob5548
      @doodlebob5548 3 роки тому +139

      Us or the U.S

    • @doodlebob5548
      @doodlebob5548 3 роки тому +13

      @Aiden Charles Arthur Smawfield agreed

    • @JoshuaDowdUSBC
      @JoshuaDowdUSBC 3 роки тому +42

      @@doodlebob5548 both mean the same thing

    • @SomeOne-gm5md
      @SomeOne-gm5md 3 роки тому +61

      @@JoshuaDowdUSBC "us" as the word, or "us" as people who can't bother to get uppercase letters

    • @JoshuaDowdUSBC
      @JoshuaDowdUSBC 3 роки тому +37

      @@SomeOne-gm5md and in this context as I am assuming he is American would convey the exact same message.

  • @rafaxd8178
    @rafaxd8178 Рік тому +15

    So the solution is to create a massive deflation, so penny gain power again.

  • @abefaerber7994
    @abefaerber7994 Рік тому +250

    as a person named Abe who still isn't convinced that the penny needs to die, that last line struck a VERY personal note

  • @toastytoad8154
    @toastytoad8154 3 роки тому +4330

    When I was in like 6th grade, we were shown this video in class.(obviously with the intent to teach us something) After school that day, I went home, watched this at least 2 more times for entertainment purposes, and proceeded to watch every CGP Grey video I could find. I will sub twice to make up for how I didn't all those years ago.

    • @ccibinel
      @ccibinel 3 роки тому +142

      And I bet you learned more that stuck with you from a 5 minute youtube video than the rest of the school day. Modern public education is basically daycare. Even into grade 12 about 1/2 the time is useless busy work or useless things you wont remember 1 year later.

    • @sai-tc7wv
      @sai-tc7wv 3 роки тому +8

      @@ccibinel true

    • @dantesfootballreviews8464
      @dantesfootballreviews8464 3 роки тому +20

      @@ccibinel public education in most of the us is amazing. What matters most is what you make of it.

    • @Engieman909
      @Engieman909 3 роки тому +44

      @@dantesfootballreviews8464 there are still many flaws in the system

    • @Ari-hc1vr
      @Ari-hc1vr 2 роки тому +24

      That's how I found Kurzgesagt! I also convinced a teacher I was student aiding for to show a cgp grey video when I was in high school. Hopefully some of those kids sought out the channel later.

  • @kenofjustice212
    @kenofjustice212 4 роки тому +650

    I remember a long time ago, my high school chemistry teacher had us do an experiment that involved pennies, so he went to the bank to exchange a five dollar bill for five hundred pennies and he said it took him 10 minutes of explaining to the teller why he was doing this to get them.

    • @limaechonumismatics
      @limaechonumismatics 3 роки тому +50

      I can get over 25 dollars in CENTS without a weird thought

    • @acookie7548
      @acookie7548 2 роки тому +20

      was it a social experiment on the bank tellers? XD

    • @mxplixic
      @mxplixic 2 роки тому +10

      Now they would just call the cops. 😀

    • @PLKartofel
      @PLKartofel 2 роки тому +7

      @@mxplixic why so?

    • @aaronTGP_3756
      @aaronTGP_3756 2 роки тому +27

      The teller: why are you getting all of these worthless coins?
      The teacher: I swear, it's for SCIENCE!

  • @quidprobro
    @quidprobro 2 роки тому +37

    rip the old icon to this video

  • @TheLordOfNothing
    @TheLordOfNothing 7 місяців тому +29

    My father notoriously hates pennies and he says the only good they'll do are archaeologists in a few thousand years. So in his backyard (my childhood home) he dug a hole and buried handfuls of pennies.

  • @bacn_
    @bacn_ 2 роки тому +1640

    "That was the half cent. Seen one lately? Of course not."
    Me, a coin collector: *"you underestimate me, mortal."*

    • @coindog432
      @coindog432 2 роки тому +13

      me too!

    • @ChaimMosheZaltsman
      @ChaimMosheZaltsman 2 роки тому +33

      Mere mortals don’t understand the power of coin collectors

    • @danzjz3923
      @danzjz3923 2 роки тому +4

      wait wait wait how much is the half penny worth?

    • @ChaimMosheZaltsman
      @ChaimMosheZaltsman 2 роки тому +19

      @@danzjz3923 depends on year, mintage, and condition

    • @bacn_
      @bacn_ 2 роки тому +38

      @@danzjz3923 Like he said, it depends. But in lower condition, braided hair half cents (1840-1857) are worth $60+. With classic heads, (1809-1836) you could expect $80-$100 in the same condition. Draped busts (1800-1808) are $110+, and anything before 1800 could be worth upper hundreds to thousands. But there are many special coins that are worth WAY more the the aforementioned values.

  • @morthostalisint1720
    @morthostalisint1720 4 роки тому +2869

    Imagine in like 200 years more when videos called "Death to Dollars" will be coming out....

    • @jamestheotherone742
      @jamestheotherone742 4 роки тому +94

      More like 20 years, or... considering current events, maybe 2.

    • @jayyang4019
      @jayyang4019 4 роки тому +40

      @@jamestheotherone742 or a new currency like we see with zimbabwe

    • @ivankandella8103
      @ivankandella8103 4 роки тому +15

      And rise of bitcoin

    • @jamestheotherone742
      @jamestheotherone742 4 роки тому +47

      @@ivankandella8103 Unlikely. At least not in the form of BTC and its copycats, which are not viable currencies given their inherent volatility.

    • @mihailojovicevic5576
      @mihailojovicevic5576 4 роки тому +4

      More like 50 years

  • @Tufhhuyy
    @Tufhhuyy Рік тому +14

    The only us coin currently in popular circulation that really makes sense anymore is the quarter. I'd be down to get rid of the penny, nickel, and dime and replace them with the half dollar and dollar coins

  • @Dark-Lark
    @Dark-Lark 5 років тому +2124

    Over 7 years later and nothing has... change-d.
    It makes no, cents.

    • @KrishnaDasLessons
      @KrishnaDasLessons 5 років тому +26

      Dark-Lark Underrated comment.

    • @Bluegoose-df7if
      @Bluegoose-df7if 5 років тому +7

      Dark-Lark hahaha

    • @AuroraIceFlame
      @AuroraIceFlame 5 років тому +39

      THIS IS PUN PATROL GET DOWN ON THE GROUND WITH YOUR HANDS BEHIND YOUR HEAD

    • @Dark-Lark
      @Dark-Lark 5 років тому +15

      @@AuroraIceFlame I do Nazi why I should listen to you, Ann-d Frank-ly, I do not care.

    • @wethepeopleyt54
      @wethepeopleyt54 5 років тому +7

      Dark-Lark 👏

  • @curtisliu1058
    @curtisliu1058 4 роки тому +2093

    1:35 “try and pay 2000 pennies”
    Mr.beast: hold my car key

    • @remliqa
      @remliqa 4 роки тому +15

      Okay, I'll only hold it for you because I can scratch your car with that key.

    • @itsjake9444
      @itsjake9444 4 роки тому +3

      Lmao

    • @joepro205
      @joepro205 4 роки тому +3

      Cash Register: uuuufggggghhhh

    • @Stre55ed1
      @Stre55ed1 4 роки тому +5

      @@joepro205 did you see the video which he bought a car with only pennies?

    • @coltongamez4675
      @coltongamez4675 4 роки тому +4

      Curtis Liu ok someone DM Mr.Beast for a new challenge idea...buying 10 cars with only PENNIES

  • @samfox1982
    @samfox1982 6 місяців тому +199

    Also, sales tax applies to some items and not others in grocery stores, so $20 dollars in groceries might cost $20, or it might cost more! Also, some regions will have higher sales tax than other regions! It's a wonderfully awful mess that you can't possibly learn all of!

  • @quantuminfinity4260
    @quantuminfinity4260 2 роки тому +34

    The half Penny now has a comparative buying power of a quarter, a Nickle, and 3 pennies.

    • @tristantheoofer2
      @tristantheoofer2 Рік тому +1

      so 33 cents

    • @quantuminfinity4260
      @quantuminfinity4260 Рік тому +4

      @@tristantheoofer2 Yep, But I figured it would be more interesting to show it as all of those coins being worth less. Apparently they will finally stop minting the Penny in 2023. But they will keep circulating for a while longer.

  • @dionysus913
    @dionysus913 3 роки тому +422

    You could say... Pennies don’t make cents
    I’ll see myself out

  • @raybin6873
    @raybin6873 2 роки тому +453

    I increase the value of my pennies by over 1,000% by drilling 1/4" holes in them and use as washers on projects. The shiny copper looks very nice too.😁

    • @MikeV8652
      @MikeV8652 2 роки тому +22

      I used to do that, but it's difficult to drill a round ¼" hole in the copper-coated zinc ones. The bit bounces around, and the hole ends up too large and somewhat triangular. 🙃

    • @mxplixic
      @mxplixic 2 роки тому +19

      Once you drill through the copper coating the creamy zinc filling just rots away. 😀

    • @raybin6873
      @raybin6873 2 роки тому +19

      @@MikeV8652 your drill bit may need sharpening - the trick is to make sure the bit's point is on dead center...if not it'll do what you described. (Having a triangular shaped hole has been no issue for me)
      😁👍

    • @SuperPupperDoggo
      @SuperPupperDoggo 2 роки тому +23

      FBI OPEN UP! YOU’RE UNDER ARREST FOR DEFACING US CURRENCY!

    • @cptant7610
      @cptant7610 2 роки тому +17

      The drill fatigue is probably worth more than the penny.

  • @arcticfox2271
    @arcticfox2271 Рік тому +9

    I accidentaly threw away like 15 pennies and seeing this makes me feel better about

  • @loveableTechnopath
    @loveableTechnopath Рік тому +1

    This video came out 10 years ago and I'm just now getting it in my recommends. Wonderful! Great video btw.

  • @Nixitur
    @Nixitur 8 років тому +2450

    Huh, I didn't even know the US doesn't include sales tax in store prices. That's... completely insane. If I see a price tag, I want to be informed of _how much it will cost me_.

    • @scanjett
      @scanjett 8 років тому +251

      ikr totally insane.

    • @AsDeft
      @AsDeft 8 років тому +9

      I just do it in my head...

    • @sion8
      @sion8 8 років тому +141

      Brandon M. Bruursema​​
      Each state has its own tax policy so they have different percentages or none at all, so what is so hard with adding it to the prices?

    • @AsDeft
      @AsDeft 8 років тому +143

      sion8 Sure this may sound so simple to someone in a country with only one tax rate. The US is made of several stats that act as mini-countries with some of their own rules. The obvious reason is in your own paragraph. Things are constantly being shipped around state-to-state with set retail prices on boxes, labels and tags that cannot accommodate different tax rates. To even try to label everything with tax in mind is asinine, only small stores do it and only sometimes.

    • @sion8
      @sion8 8 років тому +90

      Brandon M. Bruursema
      That is true, however most of the time when I shop, the shelf I pick the item I'm interest in from actually has the price on it, why can't this label on shelves have the full price on it? Mind you, I work at retail and know how often my coworkers change prices on different items on the sales floor at the store I work at which is almost weekly; the tax doesn't change weekly the offers for them do, yet I see no trouble at the register adding said state tax in along with the other products prices why do I have to calculate all of my products total price before I pay? In the state I live in I know for sure food doesn't have state tax but most everything else does and guess what in New York they have two different tax rate for different products and I can only guess which would be under one or the other or both tax rates.

  • @hakanchunton823
    @hakanchunton823 3 роки тому +364

    Tip: put all your coins into a self-checkout at somewhere like Walmart or King Soopers, especially late at night when you're not holding up a line.

    • @invalidchars
      @invalidchars 3 роки тому +7

      Was looking for this comment.

    • @TheDeadOfNight37
      @TheDeadOfNight37 3 роки тому +30

      Or just roll them and drop them off at the bank

    • @SkiDaBird
      @SkiDaBird 2 роки тому +9

      @@TheDeadOfNight37 Don’t bother rolling. We have to crack them open anyway.

    • @fishoverlord
      @fishoverlord 2 роки тому +1

      @@SkiDaBird doesn't it at least make them quicker to count? just check if they fit the roll properly

    • @aaronlandry3934
      @aaronlandry3934 2 роки тому +3

      I just use my spare change to get some fast food occasionally. Workers usually laugh it off and I get rid of my change. Win win

  • @electroAM
    @electroAM 2 роки тому +18

    After over 10 years they finally listened! It only took the penny costing over 2x its value for them to agree.

    • @local-Pilot-45
      @local-Pilot-45 2 роки тому +1

      When did this happen?

    • @electroAM
      @electroAM 2 роки тому +7

      @@local-Pilot-45 The US mint is going to stop making pennies in 2023

  • @wotterthose4511
    @wotterthose4511 Рік тому +6

    And finally, on April 1, 2023, the last penny will be minted

    • @josephwodarczyk977
      @josephwodarczyk977 Рік тому

      What else is special about that day? What do we do on it each year?

  • @Dimmiiee
    @Dimmiiee 3 роки тому +3796

    CGP Grey: Here's why we should get rid of the penny
    James: WRITE THAT DOWN... WRITE THAT DOWN

    • @eggboianimated1431
      @eggboianimated1431 3 роки тому +163

      I finally see a oddones out comment

    • @thesomething1559
      @thesomething1559 3 роки тому +74

      Someone watches odd one out and Charles the French!

    • @olim746
      @olim746 3 роки тому +14

      @@thesomething1559 YES

    • @olim746
      @olim746 3 роки тому +16

      @@thesomething1559 Cultured

    • @katiebelle4
      @katiebelle4 3 роки тому +12

      @@thesomething1559 YESSSS!

  • @urtechaltaccount6509
    @urtechaltaccount6509 4 роки тому +5638

    Theodd1souts teacher is one of the viewers

  • @Tjalve70
    @Tjalve70 2 роки тому +5

    In Norway, we have removed coins worth under roughly 10 US cent. And in my opinion, we can just as well remove the coin worth about 10 cent as well, and be left with the 50 cent coin as our smallest coin.
    I mean, who uses cash anyway?

  • @komander2365
    @komander2365 2 роки тому +6

    Ryan Trahan watching this video: *visible confusion*

  • @samdoesstuff4924
    @samdoesstuff4924 4 роки тому +2585

    the ultimate insult:
    you are a penny.
    might seem a little weak, huh? well, here you go:
    • you're not worth much
    • nobody wants you
    • everyone has touched you
    • you're dirty
    • you're on the streets
    • you're two faced
    • you're in everyone's pants

    • @quadeevans6484
      @quadeevans6484 4 роки тому +107

      Shit might use it

    • @allan1buchnol569
      @allan1buchnol569 4 роки тому +60

      This is the best comment ever
      (I ment the roast not trying to be rude)

    • @Volvith
      @Volvith 4 роки тому +54

      You're nothing more than a waste of space and time* :)

    • @dankgotclips5189
      @dankgotclips5189 4 роки тому +7

      You stole that from SSSniper Wolf

    • @dankgotclips5189
      @dankgotclips5189 4 роки тому +10

      Collin Caperton IKR 😂

  • @ninjaplayzyt3900
    @ninjaplayzyt3900 5 років тому +441

    We keep pennies for
    Wishing wells.
    Wishing foutians.
    *A grave for our broken wishes.*

    • @flooffys
      @flooffys 4 роки тому +1

      the only other use is if you want to collect them and get a small amount of money ver a long period of time

  • @snotvlek4721
    @snotvlek4721 2 роки тому +3

    Thank you CGP for calling the Netherlands the Netherlands and not Holland, greatly appreciate it

    • @arnavj.3927
      @arnavj.3927 2 роки тому

      He has a whole video on the difference between Holland and the Netherlands.

  • @darthutah6649
    @darthutah6649 2 роки тому +2

    Odd1sout: Mindi f I copy your homework?
    CGP: K, don't make it too obvious

  • @moliesker
    @moliesker 4 роки тому +470

    3:01 “Thanks for not calling me Holland” LMAO

    • @thomassherwood5061
      @thomassherwood5061 3 роки тому +7

      Me reading this: "wait until he sees the Holland video"

    • @PhiAce_0
      @PhiAce_0 3 роки тому +16

      Kudos to grey for calling it the netherlands and also translating it perfectly to dutch

    • @pimvanlith3473
      @pimvanlith3473 3 роки тому +1

      Yay ummm tja uuhhh pff geef me een like als nederlands be- uhh nee ik ben niet zo laag pfffffff

    • @j0l.0
      @j0l.0 3 роки тому +2

      @@pimvanlith3473 im not from the netherlands but i understand a bit dutch :) now take my like ;)

    • @theramendutchman
      @theramendutchman 3 роки тому +1

      ~ Sincerely, at least the entire population of 10 of the Dutch provinces

  • @JohnSmith-lr6kf
    @JohnSmith-lr6kf 8 років тому +194

    1:45 wait wait wait HOLD ON! You Americansdon't include the sales taxes in the prices??? What kind of bullshit is that?!?

    • @AdamOrtonProductions
      @AdamOrtonProductions 8 років тому +3

      Also, non-profit organizations don't have to pay a sales tax. So the system could 'in theory' get pretty complicated. If all items are posted with tax. Not to mention the differences in local sales tax vs state sales tax vs the amount the Federal Govt levies. And some states don't tax clothing or food, while others might. It may seem complicated, but it is actually a well thought process that helps keep sales in respective states and so on.

    • @fossilfighters101
      @fossilfighters101 7 років тому

      +

    • @Javin12345
      @Javin12345 7 років тому

      it's like that is most Canadian stores as well

    • @star3catcherSEQUEL
      @star3catcherSEQUEL 7 років тому +3

      Because we always have to do things the hard way.

    • @spencerdias2417
      @spencerdias2417 7 років тому

      Depends if you have sales tax of course.

  • @MTPPsychiatry
    @MTPPsychiatry 2 роки тому +2

    It’s been the years and the penny still isn’t gone

    • @chemstry2880
      @chemstry2880 2 роки тому +2

      the penny is retiring in 2023, the us mint is stopping the creation of new pennies then

  • @broisback32
    @broisback32 2 роки тому +3

    You could say Pennys make
    *No cents*

  • @meh23p
    @meh23p 7 років тому +67

    This was the first CGP Grey video I ever watched. Five years later, and still nothing has happened.

    • @meh23p
      @meh23p 7 років тому +2

      Maybe Donald Trump will make the penny go away? I don't know if he even has the power to do that, but he would be remembered for doing one good thing. :D

    • @gacebos8956
      @gacebos8956 6 років тому

      People are currently debating whether to keep the penny

  • @fabioandrade8476
    @fabioandrade8476 3 роки тому +4440

    Wait a second, in the US you only know how much you're going to pay when you're already at the register?! Absolutely barbaric.

    • @sparrowpelt20xx61
      @sparrowpelt20xx61 3 роки тому +411

      Each state has a different sales tax and different areas within a state can have a different sales tax. When you consider the fact there’s 50 states, it’s just too much for advertisers and companies to keep track of. Personally, I’ve never been bothered by it and no one I know has either.

    • @tacticality6299
      @tacticality6299 3 роки тому +512

      @@sparrowpelt20xx61 At least here in Aus, the price tags on items aren't placed by the companies that produce them, but by the stores that are selling them, I suppose I understand advertisers struggling, but outside of voiced prices, it wouldn't be too hard to automatically update the price based on the state, and even with voiced prices, it would be pretty easy to just record a different line for each state; And i've only just looked this up, so you probably know better than me, but it seems there are only about a dozen different sales taxes across the US.

    • @TAPORZZ1
      @TAPORZZ1 3 роки тому +88

      Exactly my thoughts... What the fck...?!

    • @JustScrapHD
      @JustScrapHD 3 роки тому +499

      @@sparrowpelt20xx61 this sounds like a nice little excuse to hide true prices and make people buy more stuff to me

    • @sparrowpelt20xx61
      @sparrowpelt20xx61 3 роки тому +69

      Real Big Fish Let ask you something. How easy do you think it is to get most of the 50 states to agree on something? On one hand you have California that has a higher minimum wage but a higher sales tax (the other state like to make fun of them for that) and on the other hand you have states like New Hampshire with no statewide sales tax. There’s no way the federal government would or even could try to force the states to use the same tax rate. Plus, when you consider how taxes have played a part in our history. I think the federal government would be too scared to even try.

  • @gaevlos1281
    @gaevlos1281 2 роки тому +3

    When somebody asks me about those gums that have been in my car for years, ''Ye Olde Mint''

  • @devadan712
    @devadan712 2 роки тому +7

    New thumbmail... Neat

  • @SketchUT
    @SketchUT 5 років тому +787

    I was thinking “man why are all these dead meme pictures in here”
    Then I realized:
    This was from 7 almost 8 years ago. 2011 is 8 years ago. We’re almost a decade away from those dead memes that everyone remembers and hates.

  • @MrOldPal
    @MrOldPal 5 років тому +473

    Use of the pennies:
    Scratch cards
    Wishing wells
    Wishing fountains
    And penny engraving machines

    • @tracyblanchard7663
      @tracyblanchard7663 4 роки тому +40

      So scams, scams, scams, and scams. Just like the penny is to mint.

    • @thecrimsonaxe6037
      @thecrimsonaxe6037 4 роки тому +25

      Yep, it's so worthless that we use it as a throwaway coin.

    • @Aaron-ln3ht
      @Aaron-ln3ht 4 роки тому +2

      we won't get rid of the penny lol. also, 69, nice

    • @backup7033
      @backup7033 4 роки тому +6

      Yeah but you can use use other coins for scratch cards

    • @susanaa.6692
      @susanaa.6692 4 роки тому +5

      The last one is so important

  • @odysseuscarter3395
    @odysseuscarter3395 2 роки тому +20

    WHY IS GREY CHANGING ALL OF HIS THUMBNAILS

    • @Gwanhk.
      @Gwanhk. 2 роки тому +9

      They get recommended again and it's refreshed in the algorithm. It gets suggested again. You can see for yourself it worked

  • @KayGreylai
    @KayGreylai Рік тому +3

    Aussie here, we only go down to 5cents and I have actually bought a mcdonlds meal as a kid with only 5c coins. It was fun and the cashier was very nice about it. It was only a small to medium ziplock bag of 5c coins.

  • @stanverspui2609
    @stanverspui2609 3 роки тому +394

    3:00 Translation: Thanks, you didn't call me Holland.

    • @theramendutchman
      @theramendutchman 3 роки тому +15

      Is it now time for the *G E K O L O N I S E E R D* comments?

    • @Cysfer
      @Cysfer 3 роки тому +2

      This comment it stolen from one posed 6 months before it, I know because this appeared right under it with about the same thing.

    • @Orincaby
      @Orincaby 3 роки тому +15

      @@Cysfer nobody cares

    • @wowok8196
      @wowok8196 3 роки тому +2

      @@Orincaby saying nobody cares to something copied is like not caring about someone who stole thousands of videos and is more popular than the original creators.

    • @Shinhwachangjo01
      @Shinhwachangjo01 3 роки тому +9

      @@wowok8196 I disagree, comments take merely a minute to make. Videos, on the other hand, can take weeks to produce. So, that analogy really does not work.

  • @cosinev1265
    @cosinev1265 8 років тому +2403

    This video is 4 years old and the US still has pennies :'(

    • @Vickymonswer346
      @Vickymonswer346 8 років тому +72

      Videos like this might change people's minds, but not a government's.

    • @LighthouseIndustries
      @LighthouseIndustries 8 років тому +10

      +Josh ShyGuy that is also because the cost for a penny to be made has dropped since the video was made.

    • @LachiBoii
      @LachiBoii 8 років тому +31

      Doesn't stop the pennies being virtually worthless in transactions.

    • @LighthouseIndustries
      @LighthouseIndustries 8 років тому +1

      true

    • @SomeGuyWhoPlaysGames333
      @SomeGuyWhoPlaysGames333 8 років тому +4

      +dhodz hoddy Have enough people shown their desire to abolish the penny?

  • @Vellis.
    @Vellis. Рік тому +2

    Anyone here after the penny went extinct? Let’s goooo finally only took a decade for the US to listen to Grey

  • @morsine
    @morsine 2 роки тому +4

    In my country. The smallest coin we have in circulation is 1.000rials. which equals to $0.003

  • @AaronsMemes
    @AaronsMemes 3 роки тому +465

    Wait, purchases in America don't include gst? Why is everything in America uneccesarily hard and confusing?

    • @xaviersaavedra7442
      @xaviersaavedra7442 3 роки тому +75

      Because people don’t like change.
      Heh

    • @rainbowruler6453
      @rainbowruler6453 3 роки тому +31

      Because we’re stubborn

    • @Draco137YT
      @Draco137YT 3 роки тому +41

      Different jurisdictions in the U.S. have different sales tax levels, and they change relatively frequently, so it's easier (in most settings) for merchants to just slap the taxes on at the end, especially in the era of online commerce.

    • @thetheory6159
      @thetheory6159 3 роки тому +61

      @@Draco137YT it really isn't. A retailer only has to worry about local tax levels, and as a software engineer I can attest that it would be the matter of literally 2-3 hours (at most) of work to change a website to reflect taxation in the price based on the user's locality. This is just stubbornness.

    • @ff-qf1th
      @ff-qf1th 3 роки тому +35

      @@thetheory6159 retailers probably also think that by showcasing a price as lower than it actually is, people are more likely to buy. I'm not sure how true this idea is, but I am sure that the thought that it *might* be true is probably enough to cause the retailers to not want to change.

  • @trevorclark7985
    @trevorclark7985 3 роки тому +75

    in my experience working at a gas station, pennies are generally used to get rid of other change. say something is 19.57: you give the cashier 20.02, so you get 45¢ back and not 43¢ so that your change is less coins. people don’t like carrying coins.

    • @stevencowan37
      @stevencowan37 2 роки тому +11

      I tried to do this back when I actually did anything by cash, and I always got really weird looks from cashiers.

    • @Pheatan
      @Pheatan 2 роки тому

      But you realise that system is only in place because pennies exist.
      Without pennies $19.57 would be rounded down to $19.55 or if you got rid of the 5¢ it would round up to $19.60.

    • @digitalfootballer9032
      @digitalfootballer9032 2 роки тому +5

      @@stevencowan37 Try giving a cashier under about 30 years old a 50 cent piece and their head will pretty much explode. Used one in a transaction and the young girl thought it was worth $2 and gave me back too much change. Yeah, the United States has never had a $2 coin.

    • @3DPT
      @3DPT 2 роки тому +3

      It's great you can do that math, most of us can't on site. It's also frustrating for the cashier to deal with when their use to changing whole bills during the day. Counting out at the end is a pain as well when we get handfuls of change from kids and karen's

    • @googiegress7459
      @googiegress7459 Рік тому +4

      This is done by people who are bright enough to think.

  • @Zinidia
    @Zinidia 2 роки тому +3

    We need a follow-up video called "Death to cash"

  • @gutsfeliz2150
    @gutsfeliz2150 2 роки тому +2

    Amazing how a 10 years old video seems so new, from the imagem quality to the way he speaks

  • @Ultrox007
    @Ultrox007 9 років тому +701

    Alright... I have an idea...
    Step 1: Ask the bank for money-rolls of pennies...
    Step 2: Melt them down (screw the law)
    Step 3: Sell the copper at a pawn shop for double what you spent.
    Step 4: Use copper profit to buy more pennies
    Step 5: Repeat until you're able to buy Bill Gates and Donald Trump.

    • @Inanedata
      @Inanedata 9 років тому +85

      oh, until the guy at the pawn shop realizes he's actually buying 97.5% nickel and only 2.5% copper (according to wikipedia). If you did actually attempt this you would have to shave the copper off of the penny and keep the two materials separate.

    • @mancheaseskrelpher8419
      @mancheaseskrelpher8419 9 років тому +52

      You are not the first person to think of this. Why do you think it is illegal?

    • @ATAATX
      @ATAATX 9 років тому +52

      Inanedata
      At 97.5% nickle, that would still make the penny more valuable than its face value. Think you may have meant 97.5% zinc.

    • @Ultrox007
      @Ultrox007 9 років тому +9

      Inanedata who said I wasn't separating the copper and zinc and selling them both?

    • @pieluver1234
      @pieluver1234 9 років тому +12

      It doesn't matter what the composition of the penny is. The material itself is worth 1.8 cents per penny, so you would still be profitable if you sell the nickel on top of the copper.

  • @joakim8980
    @joakim8980 4 роки тому +95

    Omg i think i’ve actually forgotten the fact that 2011 was 9 years ago

  • @snakeking5009
    @snakeking5009 Рік тому +6

    Throw the nickel and dime in there as well. Nobody uses anything smaller than a quarter these days.

  • @cykegodly1671
    @cykegodly1671 2 роки тому +4

    this dude has to be a time traveler

  • @zimnylech527
    @zimnylech527 4 роки тому +57

    You forgot to mention the Czech Republic that got rid of ALL of their lower denomination coins in 2008 for the exact reasons you listed.
    They used to have 10-haler, 20-haler, and 50-haler coins, comically tiny and weirdly lightweight coins made of aluminum. Now the lowest denomination is 1 crown (worth ~4 US cents).

    • @czechgop7631
      @czechgop7631 Рік тому +1

      And with the bus fares being about 6 to 20 crowns it was, for a while, worth picking up even the lowest denomination of our coins

  • @tindoortailgator
    @tindoortailgator 3 роки тому +83

    Seriously, the Penny Died in 1982 - When the Mint Stopped making Them with Real Copper.

    • @LeScratch89
      @LeScratch89 2 роки тому +5

      The function of currency is facilitate trade, not to hold value. All metals have value because humans decide they do, not because they are inherently valuable, which makes them no different in this context.

  • @bubulunaidoo
    @bubulunaidoo 2 роки тому +2

    I feel like the penny now has a bestie from the Ryan Trahan series

  • @chasesmith8544
    @chasesmith8544 2 роки тому +3

    I enjoy collecting and rolling change. I have a container filled with $36 in pennys and I wouldnt mind adding to it

  • @etiennesauvageau8779
    @etiennesauvageau8779 5 років тому +140

    I'm seeing this in 2019. Pennies seem to be on permanent life support.

    • @noemiej.marquis732
      @noemiej.marquis732 4 роки тому +10

      2020 here. By the time the video was made, here's the list of countries that discontinued their penny denomination (or closest relative) :
      Belgium (2014), Italy (2018), Bahamas (2020), Canada (2012), Trinidad & Tobago (2018), Croatia (2012), Moldova (2017), Russia (2017), Ukraine (2018)
      Some countries are starting to phase out 5 cents. The heck are you doing, 'merica?

    • @just.r1ce
      @just.r1ce 4 роки тому +4

      @@noemiej.marquis732 listening to lobbyists

    • @bodacious12
      @bodacious12 4 роки тому +1

      Here in Chile we retired the 1 and 5 peso coins, leaving 10 as the smallest denomination (worth 1.5 us pennies) about a year ago. I'd love to see the 10 peso go as well, Scandinavian countries do great with their one krone coin (worth about 10 cents)

    • @golddropper2747
      @golddropper2747 4 роки тому

      Je te connais bto

    • @Chonksta
      @Chonksta 2 роки тому

      no more penny in 2023

  • @chrisanthemum2
    @chrisanthemum2 8 років тому +164

    Penny didn't deserve this. She was at the wrong place at the wrong time. #RIP
    Pyrrah is a monster

    • @WolfHunner
      @WolfHunner 8 років тому +16

      She's not half the girl she use to be. You can say she lost half her value ;)

    • @MrDylan2125
      @MrDylan2125 8 років тому +1

      +Oompa Loompa Aron Dang it! I can't get away from my dang dirty emotions even reading the comments of a CGP Grey video. Why do you hurt me like this?

    • @chrisanthemum2
      @chrisanthemum2 8 років тому

      PrimevalDragon She was a robot.

    • @MrDylan2125
      @MrDylan2125 8 років тому +1

      Oompa Loompa Aron Yes. A robot who also happened to have a soul. There's quite a difference.

    • @chrisanthemum2
      @chrisanthemum2 8 років тому

      PrimevalDragon Does she feel pain though?

  • @judaiyuki5597
    @judaiyuki5597 2 роки тому

    this is the video that will make me binge your channel XD

  • @downwithpotatoes6845
    @downwithpotatoes6845 2 роки тому +7

    thumbnails are changing!

  • @walterclements3433
    @walterclements3433 5 років тому +1074

    1:35-1:42 unless your MrBeast

  • @diamondcubez
    @diamondcubez 9 років тому +358

    what, the tax isn't included in the price in the USA?

    • @RainAngel111
      @RainAngel111 9 років тому +137

      Diamond Cubez it doesn't have to be. Some stores post the whole price but most don't because then it looks cheaper than it is.

    • @billybobbobbobbilly
      @billybobbobbobbilly 9 років тому +28

      Diamond Cubez Every state has it's own sale's tax laws.

    • @anduzyn
      @anduzyn 9 років тому +54

      Diamond Cubez no, and things cost like $19.99 to make them look cheaper so the real price is tax on top of the advertised price which is always some ridiculous decimal

    • @daltonsilverman1974
      @daltonsilverman1974 9 років тому +18

      Diamond Cubez well one of the problems is the US can't just make a consistent sale tax and everywhere you go its different

    • @remyllebeau77
      @remyllebeau77 9 років тому +11

      Diamond Cubez And then for some reason gas always has tax included.
      Although it could be time consuming if it wasn't, and it would make people more aware of the outrageous taxes they are paying just for the "privilege" of mobility.

  • @zacharylee3296
    @zacharylee3296 2 роки тому +3

    Obviously you've never met a self checkout. Great way to get rid of a handful of pennies

  • @bigk8210
    @bigk8210 2 роки тому +2

    It's always Illinois. It was Lincoln's home state and they protest strongly every time there is talk of abolishing the penny.

  • @Ngamotu83
    @Ngamotu83 8 років тому +42

    We in New Zealand, got rid of not just our 1 cent coin, but also the 2 cent coin, and the 5 cent coin. And using Swedish rounding, nothing has been lost.

    • @LachiBoii
      @LachiBoii 8 років тому +6

      We Aussies aren't that far behind you guys now, the mint is expecting to kill the 5 cent coin within the next few years.

    • @Ngamotu83
      @Ngamotu83 8 років тому +1

      ***** It's an expression we use in New Zealand. en.wikipedia.org/wiki/Cash_rounding

    • @mika2666
      @mika2666 8 років тому

      +Michael Gibb we in the netherlands got rid of our 2 cent coin, 5 cent coins are handy :)

    • @Snaake42
      @Snaake42 8 років тому

      +Michael Gibb +Mikat: the video mentions Finland & The Netherlands just ditching the 1-cent coin, but actually neither took the 2-cent coin into regular production either (source: I'm Finnish, Mikat commented for NL). Small batches were initially made for collecting and for completeness' sake, and 1- and 2-cent coins from other countries are legal tender but not very common. All cash payments are rounded to the nearest 5 cents.
      Prior to the Euro, Finland's smallest coin was 5 pennies, then 10 pennies. I think back then you really didn't even see any consumer prices listed right down to 1 penny value, rather e.g. 99 or 99,95 (the latter got more common with the Euro). I remember buying candy e.g. 1 gummy bear was 5 pennies. 1 euro cent (or 1 Euro) was/is defined as a bit under 6 pennies (or Finnish Marks), so we actually got rid of two "steps" of coins during the transition, but retained the same smallest unit being 1/20th of the basic unit (Marks/Euros).

  • @GalanDun
    @GalanDun 9 років тому +82

    Some people in the south have a weird view of Lincoln, blaming him for the Civil War when he wasn't even in office when the first shots were fired (By the confederacy)

    • @redpriest7117
      @redpriest7117 8 років тому +10

      +Alex Shannon
      That's not the only part of it... Many southerners were pissed off because Lincoln wasn't even on their ballot, but he still won.

    • @GalanDun
      @GalanDun 8 років тому +10

      Red Priest I think by that point they should just accept it. I'm Native American and I don't go around constantly complaining about Andrew Jackson. He died before my grandparents were born!

    • @eliasmartinezjr.6517
      @eliasmartinezjr.6517 8 років тому +5

      +Alex Shannon Well, when you consider the fact that Lincoln won the election without a single electoral vote from the South and therefore the South had effectively lost it's voice in the election, it's no surprised it left.

    • @GalanDun
      @GalanDun 8 років тому +15

      Elias Martinez Jr. The south attempted to commit election fraud by leaving him off of the ballot. It was THEIR fault they lost their voice.

    • @redpriest7117
      @redpriest7117 8 років тому +1

      Alex Shannon I'm not expert on the election, but I am 99% sure Southerners didn't take Lincoln off the ballot on purpose.

  • @FoxyGekkerson
    @FoxyGekkerson 2 роки тому +2

    If I could restructure our cash system in the United States, I would abolish both the penny and the nickel, keep the dime as the smallest unit of currency, include taxes in the price tag, round up the prices to the nearest ten cents, abolish the quarter in favor of a 50¢ coin, and abolish the $1 bill in favor of a $1 coin.

    • @FoxyGekkerson
      @FoxyGekkerson 2 роки тому

      A one dollar coin would work so much better for vending machines. Single dollar bills get by far the most use, and therefore the most wear and tear, so a one dollar coin would be far more sturdy.

    • @thatGuy-wm2cr
      @thatGuy-wm2cr 2 роки тому

      @@FoxyGekkerson Bush tried that, it didnt work because they are heavy and clunky and by a long shot slower than bills in ANY other transaction

  • @elmanaro
    @elmanaro 2 роки тому +2

    The year is 2100, the $100 dollar bill is now being removed from circulation due to it being redundant. The Zollar is the new unit of exchange.

  • @LaPetiteIris
    @LaPetiteIris 10 років тому +15

    "...and a mystery coin that we'll get back to later."
    Effective hook is effective

  • @briand1742
    @briand1742 5 років тому +278

    "Have you seen of the half-cent coin?"
    Yea my dad gave me one and i still have i-
    "Of course you hadn't "
    Okay guess I'll die

  • @GiggityCrabbityGiggity
    @GiggityCrabbityGiggity 2 роки тому +2

    Bro predicted the future

  • @realpho3nix_feath3r
    @realpho3nix_feath3r 2 роки тому +2

    After seeing the whole Ryan Trahan series, this hits hard

  • @SpongeMattb
    @SpongeMattb 4 роки тому +146

    I love how this video is still relevant in 8 years

    • @ae1ae2
      @ae1ae2 4 роки тому +19

      I'm deeply saddened at how this video is still relevant 8 years after it was made.

    • @syeungmin6204
      @syeungmin6204 3 роки тому +7

      more relevant.

    • @jaysonburke799
      @jaysonburke799 3 роки тому +2

      The only use of the penny is for scratch off cards, which means that the penny's main use is actually to help you lose money.

    • @hongsengchan9855
      @hongsengchan9855 2 роки тому

      @@coindog432 the comment was made at an older time

  • @luciewhale
    @luciewhale 9 років тому +333

    This video makes so much cents.
    I'm good at bad puns.

  • @Brav3thrills
    @Brav3thrills 2 роки тому +1

    Im happy pennies were around long enough for ryan traham to make a series about them.

  • @michaelrigoletti2410
    @michaelrigoletti2410 2 роки тому +3

    I found a use for pennies. Fill up an SFMTA parking meter with them so it cannot accept payment, and parking isn't charged after that.

  • @Nguyenzander
    @Nguyenzander 4 роки тому +646

    Someone: * melts pennies *
    USA Government: I smell pennies!!

    • @jackgoodman6976
      @jackgoodman6976 4 роки тому +3

      How did this not have a comment yet with this many likes?

    • @jimothy_2nd
      @jimothy_2nd 4 роки тому

      Pennies smell bad. Dont ask how I know

    • @leechyfruit4464
      @leechyfruit4464 4 роки тому +10

      @@jimothy_2nd Fun fact: that's not the penny, that's your skin reacting to pennies.

    • @Hans5958
      @Hans5958 3 роки тому

      AAAAAAAAAAAAAAAAAAAAAA

    • @jimothy_2nd
      @jimothy_2nd 3 роки тому

      @@leechyfruit4464 cool thanks

  • @titanictnt7476
    @titanictnt7476 4 роки тому +1270

    CGP Grey: Why Americans should get rid of the Penny.
    Me, a Canadian: I'm 4 parallel universes ahead of you.

    • @beleata74
      @beleata74 4 роки тому +42

      Well yes the time difference is almost 10 years, when the video was made Canada still used pennies and the fact that he made a video about Canada ditching the pennies about 4 months after this video.

    • @itskb2891
      @itskb2891 3 роки тому +12

      Australians crying in the distance with 6 forms of coins

    • @thanosisepic7146
      @thanosisepic7146 3 роки тому +2

      Penny*

    • @thanosisepic7146
      @thanosisepic7146 3 роки тому +3

      if u cant spell penny u arent at all 4 parallel universes ahead

    • @jameswalsh2921
      @jameswalsh2921 3 роки тому

      Me, being an australian

  • @GetRidOfHandles
    @GetRidOfHandles Рік тому +2

    Fun fact! 12 years later, the penny has still not been discontinued.

  • @xle6114
    @xle6114 2 роки тому +2

    Here in Canada we got rid of pennies around 5 years ago

  • @scowell
    @scowell 8 років тому +108

    I know! We need a... giant... copper... John Wilkes Booth!