Skip to Content

Get your holiday on with Holidash!

Posts with tag penny

Pennies won't pay your parking ticket

Filed under: Extracurriculars, Transportation

We've all been on the receiving end of a parking ticket we felt was unjust wishing there was some way to, "stick it to the man," while avoiding a night in jail. One New Jersey man recently decided he was going to "fight back" by paying his $56 fine completely in pennies, only to be turned down after he lugged the 112 rolls of pennies into the courthouse. To top it all off, because of non-payment, he had to pay an additional $90 to get out on bail because a warrant had been issued for his arrest!

While the New Jersey Court hasn't commented on why it wouldn't take the coins, there is a precedent for not accepting large amounts of coins as payment. While some may argue that the government must take accept them as a form of payment, at least one district court has a policy which lets clerks turn down any amount of coins which would be a burden to accept. Something I'm sure the Bloomfield Municipal Court will be writing up in the next few days.

The new Lincoln pennies are dishonest about Honest Abe

Filed under: Banks, Entrepreneurship, Extracurriculars, Kids and Money, Wealth, Fraud


The U.S. Mint is officially the P.T. Barnum of currency. It's addicted to showmanship. Yesterday, in a heartwarmingly goofy ceremony at Washington DC's Lincoln Memorial, an actor dressed as Abe unveiled its four new designs for the penny, all of which will be released in 2009 to commemorate the 200th birthday of the put-upon Civil War president. They're just the latest pocket party favors for our ongoing patriotic fervor.

While Lincoln will appear as usual on one side (facing right, the only president to do so on our circulating coins), the flip side will depict four Abe-ish icons issued in rotation: a log cabin inscribed with his birth year, an image of Lincoln the rail splitter studying on a log, a portrait of the young legislator in front of Illinois' state capitol, and a shot of the U.S. Capitol under construction as it was when he was our troubled country's leader.

But as historian James W. Leowen investigated in his 1999 book Lies Across America, the log cabin is a fake. That right. The cabin pawned off on the public as the one Lincoln was born in, and the one that will be engraved on our money, was built in 1895, 30 years after Abe's death, as a tourist draw.