Remember the Seinfeld where Kramer and Newman's scheme is to make money by taking bottles from New York and driving them to Michigan where there is a 10 cent refund rather than the 5 cents refund on bottle deposits?
Well, turns out people actually try to pull this off! And Michigan doesn't think it's funny.
6 comments:
The haunting memories of lost love. May I? Lights.
Our eyes met across the crowded hat store. I, a customer, and she a coquettish haberdasher. Oh, I pursued and she withdrew, then she pursued and I withdrew, and so we
danced.
Thanks. That was me. Want to make a lot of money fast?
Step #1: Sell everything you own. Sell it all. Stocks, bonds, real estate. eBay your couch, your dog. Everything.
Step #2: Then convert it all into pre-1982 copper pennies.
Step #3: Meltdown the pennies.
Step #4: Sell the copper.
Step #5: Now use the proceeds to buy back all the stuff you sold. You’ll have more than enough left over.
The material in a pre-1982 penny is currently worth about 2-1/2 cents.
www.coinflation.com
Jeff
Wow Jeff that sounds so easy, I'm going to go do that now! I can't believe I've wasted all this time working like an ordinary schmuck when all I need is a smelter and a few million pennies to make my dreams come true!
Unfortunately it is illegal, but don't let that stop you!
http://www.usatoday.com/money/2006-12-14-melting-ban-usat_x.htm
if you think michigan is pissed when one tries to return unreturnable cans, you should see how the state of oklahoma reacts when you boost a couple of thousands of cans off of handicapped kids.
i don't know how the latter state actually reacts, but i've heard their remedies are real and spectacular.
The state of michigan will not apologize for it's deposit return policy.
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