Redeeming
Imagine this: you have 100 euros, and someone offers you 125 euros in return. We’d all accept that offer right away, right? Anders didn’t. He was faced with exactly this dilemma in the mid-1970s. He had only been working on his collection for a few years when he received a special offer. American change was doing well. A very special campaign was started up.
What happened? In 1974, there was a shortage of pennies! A bizarre idea, but this was the reason why: the material value of the copper coins was higher than the single cent they would be worth at the store. And that’s why Anders wasn’t the only one who wanted to keep the pennies to himself at the time. With the shortage of pennies, bonuses were offered in various places. Anders remembers, for example, that in his area a premium of no less than 25% was promised for the coveted coins. For every $100 he would hand in, he would receive $125. And yet he turned down this deal.
And when he finally did go to the bank to exchange all his pennies, it turned out to be quite a task.