Why Coupons Sometimes Say They are Worth a Fraction of a Penny
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In truth, the coupons really are worth this and if you wanted, you could redeem them for their cash value. Of course, you’d need a large quantity of them to even reach a penny’s worth. This goes up even more if you’re interested in making a profit as you’ll often need to mail the coupons in to redeem the value, depending on the company issuing the coupon.
Want the text version?: http://www.todayifoundout.com/index.php/2014/03/coupons-sometimes-say-worth-fraction-penny/
→Subscribe for new videos every day!
https://www.youtube.com/user/TodayIFoundOut?sub_confirmation=1
→How “Dick” came to be short for ‘Richard’: https://youtu.be/BH1NAwwKtcg?list=PLR0XuDegDqP2Acy6g9Ta7hzC0Rr3RDS6q
Never run out of things to say at the water cooler with TodayIFoundOut! Brand new videos 7 days a week!
More from TodayIFoundOut
Why do we say “Stat” when we want something done quickly? (and what “Wiki” actually means)
https://youtu.be/NSFJcH6rp78?list=PLR0XuDegDqP3-uys3Rl2dvdsFkk96zRbt
Why is Three Strikes in a Row in Bowling Called a Turkey?
https://youtu.be/B3Brv99wODU?list=PLR0XuDegDqP3-uys3Rl2dvdsFkk96zRbt
In this video:
In truth, the coupons really are worth this and if you wanted, you could redeem them for their cash value. Of course, you’d need a large quantity of them to even reach a penny’s worth. This goes up even more if you’re interested in making a profit as you’ll often need to mail the coupons in to redeem the value, depending on the company issuing the coupon.
Want the text version?: http://www.todayifoundout.com/index.php/2014/03/coupons-sometimes-say-worth-fraction-penny/
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My grandparents collected these stamps and got a “map of the world “ it is a major fixture of the house and almost a member of the family
Still doesn't make any sense, but thanks for explaining.
Why is a person who works on Today I found out called a skinny Michael
why do people view suicide as inherently bad?
Oh my goodness, a walk down memory lane with those stamps!
so retarded government regulations are the reason
Is this what Canadian Tire used to do?
So the answer is: Our government doesn't work?
MAN! I at one point had a whole bunch of blue chip stamps. I wonder how much Warren buffet had to do with killing it. He got a majority interest around 1979, and around 1980 the sales PLUMMETED! In 2006 the profit was about 0.13%of what it was in 1980, NOT ACCOUNTING FOR INFLATION! So if ONE person owned it, and he took all the money that year, he STILL wouldn't have a middle class income. It would be only about 50% more than minimum wage!
Anyway, I do remember that I got a real nice crystal radio set. I was only a little kid, but it was a kit that ended up looking like a radio set you might buy at the store, was ludicrously simple, brought in plenty of stations and, though it was electric, didnt even require a battery. Outside of them, I don't know anyone that carried such a device. Supposedly they used to make them, but I guess people just wanted the higher power transistor battery radios.
The brady bunch even had an episode that, today might seem surreal. They went into a store, like those that existed, and simply traded the books for I believe it was a row boat. And inflation was lower back then, and frankly gas was more expensive, so a difference of a few pennies wasn't that big a deal. Today the economies are just NUTS! I read a few days ago about an up and coming department and this guy said he started when there were 19 people there. It grew to 25. It advertises ALL OVER! They have ads on TV, and the airports, etc… You know what IBM did? They shut down the ENTIRE DEPARTMENT! ALL the us workers, and the US division, was replaced with workers in INDIA!
https://www.theregister.co.uk/2016/06/23/ibm_spirit_thomas_watson_jr/
http://spectrum.ieee.org/view-from-the-valley/at-work/tech-careers/ibm-layoff-epidemic-spreads-worldwide
This was a question I had asked myself for many years! I have watched a few of your videos now and they have all been very enjoyable and informative. Please keep up the good work 🙂
Why are credit cards/ATM cards the size that they are today?
How about Gold Bond Stamps?
Why are police officers called "cop"?
This is one of those questions that I could have wasted about 2hrs of my time Googling & going down the rabbit hole. So thanks for that! Great channel.
MANY years ago the issuers had not yet figured out the fraction of a penny cash in value. We used to collect coupons, take them to a grocery store (we had a favorite so maybe not every store would have been so accommodating) and get the full discount value…I.e., 35 cent coupons got you 35 cents. It was very easy to get coupons out of the newspaper,etc and net an easy $5-10 – no questions asked. However, within a year or so the franctional cash value came into being.