The E-Sylum:  Volume 10, Number 26, July 1, 2007, Article 22

PRE-1982 CENTS MASQUERADE AS QUARTERS IN DENVER PARKING METERS

Until someone let the cat out of the bag, students at Colorado State
University enjoyed a nice discount on campus parking.

"'If you put pennies from 1980 or before in the gray parking meters,
they count as quarters,' an anonymous item in the campus paper, The
Rocky Mountain Collegian, advised.

"That led the university to contact the meters' manufacturer, POM
Inc.

"The Russellville, Ark.-based company agreed to replace any of the
674 meters with the glitch, a process that should be complete by the
end of summer.

"In its more than two centuries, the American penny has been made of
mostly copper - until 1982.

"It is the pre-1982 pennies - and many from 1982, as coins of both
compositions appear in that year - that are treated like quarters
on some of the meters at CSU.

"It's unclear if it's the copper-heavy composition, weight or another
factor that causes the coins to fool the meters.

"Briana Daughenbaugh, a CSU graduate student, lamented: 'I wish nobody
ever said anything.' "

To read the complete Denver Post article, see: Full Story

Dick Johnson forwarded a link to the article as well, plus an
Associated Press account of the story on the Forbes web site:
Full Story

  Wayne Homren, Editor

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