Some weeks ago I found myself at a local store procuring a needed item. I was using cash as in this case, the timing of the purchase along with the event would make it highly suspect as to what I had done and when I had done it if I had used a credit card (a fancy way of saying perhaps I failed to plan). The item, when rung up, came up to X dollars and 99 cents. I put in my appropriate amount of cash.
Instead of getting a penny back, as I have for my entire life, I got a nickel back. The screen read "Total tendered: $X.05".
Welcome, I realized, to the world of the life without the penny.
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This was not the first time I had seen this, of course. "Exact change is appreciated" comes up more and more at stores that accept cash. I had at least one cashier dig out of the previously known as "penny jar" to make up the difference. I had another cashier do as I had seen here, effectively enter an overpayment as "received" so they could give me a nickel.
I wonder how long until "the penny jar" becomes an archaic phrase, to be trotted out in movies about previous eras where the young of that day will look and marvel.
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Japan, interestingly is still very much a cash society. Like us, they have small change: 1, 5, 10, 50, 100 Yen coins (also 500 Yen coins, but those are not nearly as common). Like us, Japan has tax on everything.
Japan takes their small change very unseriously in one sense: the 1 yen coin, for example, is made of aluminum and is considered virtually useless. For a traveler, they collect like pocket lint if you spend enough time in a combi-ni (convenience store).
For better or worse, they seem to have come up with a unique solution. 1 Yen and 5 Yen coins are apparently the most desirable to place in offering boxes at Shinto Shrines and Buddhist temples.
It certainly helps clean out the pockets at the end of a trip.
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This past week as I was crossing a parking lot, I stumbled across a beat up penny in the parking lot.
The penny was scarred and had some kind of gunk on parts of it - but still clearly a penny, so I picked it up and popped in the cup holder of my car to allow it to dry.
While pennies may be disappearing, a penny saved is still truly a penny earned.



