A NYC man has found a way to turn discarded MetroCards into cash. He collects the cards, bundles them into single $5 cards, and resells them for $4.
A NYC man has found a way to turn discarded MetroCards into cash. He collects the cards, bundles them into single $5 cards, and resells them for $4.
I actually find this really interesting but am confused how he makes a profit by selling them for $4. I’m sure most of them don’t have more than a dollar on them!
You’re right. What he does is pick up MetroCards with small values on them — maybe a dollar or maybe a few cents. When he has $5 worth of cards, he turns them in for a single $5 card, and that’s what he sells to commuters for $4. Picking up discarded MetroCards is not illegal, but reselling them is. The original post on The Transit Wire explains in more detail: http://www.thetransitwire.com/2012/01/25/brooklyn-man-finds-and-resells-discarded-metrocards/
Ohh okay, that makes sense. Not sure if anyone would actually get busted for that in NYC unless it was ridiculously blatant.