Tuesday, July 6, 2004

Pennywise Illusion Explanation

Penny Word IllusionHere is an illusion of a different type.

I was talking to a friend of mine that has taken up coin collecting rather late in life. He figures it will be cheaper then getting married again. Anyways he went into a coin dealer he knows to talk shop and came across an interesting tidbit.

According to his coin dealer 1972 pennies are significantly more valuable than 1932 pennies.

Now I know that I am a layman and know absolutely nothing about this hobby but this doesn't seem right to me. Can any of you explain to me why this might be?

via Dick Larkin's Motivational & Marketing Moment



Well, it's because

1,972 pennies is worth $19.72

But

1,932 pennies are only worth $19.32

This is another example how we bring our own preconceptions into everything we do. Here many of us saw the image of the penny and the date on the penny and automatically assumed that we were talking about the years 1972 and 1932.
READ MORE - Pennywise Illusion Explanation
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