Morgage paid by pennies!!

**kat** · 07-08-2012, 05:22 PM

Did any of you see the article about an Optician, Thomas Daigle of Milford Tx started collecting pennies the day he got his mortgage and 30 years later got permission from the bank to make his last payement with 62,000 pennies!! Way to go Thomas Daigle!!

**chip anderson** · 07-08-2012, 05:49 PM

Don't need permission. Pennies are legal tender and must be accepted by banks and other financial institutions. Legally fast food and stop-n-go places are required to accept large bills even if they don't have the change and have to go get it.

chip

**kat** · 07-09-2012, 10:56 AM

Article said he got permision, just reporting what it said

**CoolOptician** · 08-20-2012, 03:45 PM

I'd sure want someone to ask MY permission if they walked in to pay with for their premium eyewear, with a sack full of pennies!! Lol, even if they were rolled! Who wants to count them? I wonder how much you could be shorted, in dollars, by them leaving a few pennies out of each roll over the whole 62,000? (grin!) Thanks for the trivia Kat!

**Fezz** · 08-20-2012, 04:18 PM

I was a pump jockey (gas station attendant) for a stint in high school between optical gigs.

One station that I worked was a few blocks from the local "projects". The young lads who dressed nice and drove fancy cars, would often pay me with a bag of coins, rolls of pennies, etc!

I never cared and always accepted with a smile! I was just happy not getting mugged by these fellas!

**CoolOptician** · 08-20-2012, 04:58 PM

Originally Posted by Fezz

I was a pump jockey (gas station attendant) for a stint in high school between optical gigs.

One station that I worked was a few blocks from the local "projects". The young lads who dressed nice and drove fancy cars, would often pay me with a bag of coins, rolls of pennies, etc!

I never cared and always accepted with a smile! I was just happy not getting mugged by these fellas!

Really? One wonders, if they dressed nice and drove fancy cars, was it from 'change they saved?' Guess if they were 'not mugging' you, no reason to gip you out of some pennies, eh?

**SeaU2020** · 08-20-2012, 05:40 PM

Anyone got 350 million pennies?

**Uncle Fester** · 08-22-2012, 08:26 AM

http://www.snopes.com/business/money/pennies.asp

Just my 2 cents

PS What a waste btw. Not worth what they cost to make? Copper is sprayed on?? The power of corporate mining interests (Wyoming)!

**kentmitchell1961** · 08-22-2012, 09:03 AM

My wife has woked for a couple of US banks, and their policy (both) is that they will accept upto a certain amount of pennies , usually less than $100, if rolled, anything over that needs permission, and if not rolled they have the right to refuse.

Ban the penny!! useless things anyway...

**optilady1** · 08-22-2012, 09:16 AM

During the eighties my mother was a waitress, and saved all change she received from her tips and paid for me to go to summer camp. Back in the days that we used cash and not our check cards for everything, my husband and I would save all our change, bring them to the coin counter at the bank, and go out to a nice dinner for "free" with what we had.