It would be interesting to know how many people drop pennies off of the empire state building each day testing this theory. It would be funny if enough pennies were dropped that it attracted panhandlers to hang out underneath the Empire State Building just to collect them and they made a good living off of it.
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In college we actually threw all our empties out the window, because overnight a homeless person would come by and collect all of them. It was a rare win-win-win: we didn't have to worry about it, homeless person got some $$, and the aluminum got recycled.
At least it worked for both sides. When I was in college our town had a can man who was smart. He set up a facebook page advertising his need for cans. College students would message him where he could pick up beer and soda cans. You'd see him around town with shopping carts full all the time. He did really well.