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Advertisement | Making Your Change CountAndy Rooney Cashes In At The BankJune 12, 2005 ![]() ![]() Rooney: Pennies For Thought60 Minutes' Andy Rooney gives his two cents after collecting thousands of pennies, which, he claims, most Americans don’t use. | Share/Embed (CBS) The following is a weekly 60 Minutes commentary by correspondent Andy Rooney. This segment originally aired Nov. 28, 2004. Like just about everyone else, I save my change. At night, I empty my pockets and then I hang my pants by closing the dresser drawer on the cuffs. In the morning, I take a few quarters, but I dump the rest of the change in coffee cans. I just came from the bank, and I feel great. These cans are all empty now. There is nothing more annoying than going to the checkout counter in a store and getting four pennies change from a dollar for something that costs 96 cents. The U.S. Mint ought to stop making pennies. Last year, they made almost 7 billion of them. For what? You can’t buy anything with a penny, and they’re a pain in the pocket. This week, I took cans filled with change to the Commerce Bank in New York. Commerce was the only bank I found that has a machine that converts change into real money free. Some companies charge almost nine cents for every dollar of change you convert to paper. Seems like a rip-off. The change-counting machine was cuter than necessary: "You win. Press button to make your selection." It did the job in a hurry, though. And it took me about 10 minutes to feed in the seven cans of change. There were a few glitches: one metal washer in a batch. When I finished, the machine spit back a handful of coins, too. It turns out it doesn’t like French francs, English pence or Euros. The machine then gives you a receipt. I had six silver dollars, just one 50-cent piece, 171 quarters, 1,745 dimes, 1,010 nickels, and 3,594 pennies. It came to $310.19. I took that receipt to the cashier and she gave me the cash with four pennies change. Anyway, it was the best money I’ve made all year -- and no deductions. Now, if the Mint would just stop making those useless damn pennies. I’d only need about two of these cans for change. By Andy Rooney © MMV, CBS Broadcasting Inc. All Rights Reserved. | Advertisement McCain Denies Misstatement On Iraq SurgeAriz. Senator Pushes Back Against Criticism Of Comments Made During CBS News Interview |
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