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Withdrawal Of Old Coins

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Pillar of the Community
Canada
1005 Posts
 Posted 09/25/2012  2:33 pm  Show Profile   Bookmark this reply Add Bm0ney to your friends list
Bare bellies
Valued Member
Finland
294 Posts
 Posted 09/25/2012  3:39 pm  Show Profile   Bookmark this reply Add Eurocoin to your friends list
Don't worry guys, in Finland gov't has withrawn three coin series during the last 50 years and there are still endless piles of old coins everywhere around. I see it is a good thing that older coins get recycled and due to melting the rest may have some value in the future.
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 Posted 09/25/2012  5:47 pm  Show Profile   Bookmark this reply Add doctorman1941 to your friends list
laurette bust I guess they were all from the same die because you would find one 1965 pointed 5.I actually purchased two mint bags from a seller in New York and my brother in law has one and he did not find any as well but only checked half and than gave up.
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 Posted 09/25/2012  5:49 pm  Show Profile   Bookmark this reply Add doctorman1941 to your friends list
laurette bust I guess they were all from the same die because you would find one 1965 pointed 5.I actually purchased two mint bags from a seller in New York and my brother in law has one and he did not find any as well but only checked half and than gave up.
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Canada
331 Posts
 Posted 09/25/2012  6:31 pm  Show Profile   Bookmark this reply Add LaureateBust to your friends list

Quote:
Any particular reason you save the 1990 nickel?



Quote:
Bare bellies


Pretty much. I check 1990 nickels for the BB variety, but now I've been saving all of them since reading someone else's post about how there is a progression of BB types made through successive die polishing.

@doctorman1941 - Did you find a mix of small beads / large beads, or only one of those two obverses?
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Canada
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 Posted 09/25/2012  9:18 pm  Show Profile   Bookmark this reply Add doctorman1941 to your friends list
I found very few large beads as well . All the coins are small beads and blunt fives for my mint bag anyway.Not positive about my brother in laws but I think he is the same as me.
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Canada
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 Posted 09/26/2012  12:54 am  Show Profile   Bookmark this reply Add Anjohl to your friends list
I feel that most "gems" in circulated coins comes from piggy banks, and are snatched up by the first half-aware person that notices them, so this policy shouldn't change much. (chortle!)
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Canada
331 Posts
 Posted 09/26/2012  08:02 am  Show Profile   Bookmark this reply Add LaureateBust to your friends list

Quote:
I feel that most "gems" in circulated coins comes from piggy banks, and are snatched up by the first half-aware person that notices them, so this policy shouldn't change much. (chortle!)


I suspect you're right, except maybe for modern rarities. When I get a particularly good box I always wonder whose old stash I'm combing through.
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 Posted 09/27/2012  02:49 am  Show Profile   Bookmark this reply Add Anjohl to your friends list

Quote:
I suspect you're right, except maybe for modern rarities. When I get a particularly good box I always wonder whose old stash I'm combing through.


Agreed. I used to get a fair number of Pre-1969 quarters and dimes at a retail job I had, and I could imagine the customer cracking their piggy bank for loose change.

It's almost sad that that particular aspect of the hobby will diminish to the point that our children will rarely find a piece of silver. I will tell you a little story about a friend of mine who I "converted", and his girlfriend.

He worked at a gym, in a mall, and had to pass a lotto booth every day. His gym had a cash till. So, he got this great idea. He would get rolls of coin at the lotto booth, check them all night on his graveyard shift at the gym, and then change up the duds with the gyms till to avoid "contaminating" his own supply, so to speak.

So one day he goes to the mall, up to the arcade, with $100 in bills. His girlfriend is puzzled to see him go to the games arcade. He then proceeds to put $100 in bills into the arcade change machine, and goes to leave with the haul! The attendant tries to stop him, he takes off. He goes through 400 quarters, and upon finding his first silver quarter, he jumps for joy!~

His girlfriend, excited, exclaims, "What is it?"

"I found a silver quarter!" said he.

"SO what?" she asked.

"It's worth like, $5" he told her, beaming.

"Oh my god! Sell it!" she said, excitedly.

"Hell no!" he said with a grin, and went back to digging through his quarters!

I tell you, we have a grand laugh every time we talk about that one. There's nothing like getting silver at face value!
Valued Member
Canada
202 Posts
 Posted 09/27/2012  12:50 pm  Show Profile   Bookmark this reply Add darcyrmt to your friends list
Yesterday I did the same thing pulling a 62 quarter from a roll.. As for my 2 cents worth (copper only haha), I'm pulling pretty much anything that isn't the multi-ply steel - copper, cupro-nickel, pure nickel, they are all good. In financial terms, I may have missed the nickel price boom but it might return. In collecting terms, I've been able to put together albums for myself and stepson, while helping my mom finish hers.
Edited by darcyrmt
09/27/2012 12:56 pm
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617 Posts
 Posted 09/28/2012  01:33 am  Show Profile   Bookmark this reply Add EastVanRob to your friends list
Personally, I'm hoarding 1981 and earlier pennies and nickels.
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Canada
372 Posts
 Posted 09/28/2012  09:35 am  Show Profile   Bookmark this reply Add cdcoinman to your friends list
Why stop at 1981 for the penny as it is still 98% copper up to 1996?
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 Posted 09/29/2012  8:43 pm  Show Profile   Bookmark this reply Add EastVanRob to your friends list
^
Had to stop somewhere because of space limitation, and in 1982 the weight dropped from 2.8g to 2.5g.

Yes, I know its not fully rational.
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Canada
610 Posts
 Posted 09/30/2012  7:26 pm  Show Profile   Bookmark this reply Add collectall to your friends list
With a slight difference.I stopped at 1979 with the weight @ 3.24 grams. I was saving the 80's & 81's but was getting too many so off to the bank they went
Edited by collectall
09/30/2012 7:27 pm
Pillar of the Community
Canada
3692 Posts
 Posted 10/03/2012  02:06 am  Show Profile   Bookmark this reply Add Libertad to your friends list
lol@ The girlfriend: "Wow sell it" .... For five measly dollars? That's coffee money. If you wanted the silver back in your possession you'd have to shell out more than that. And at face value you can't beat that.

@ the 1979/1980 debacle... Bronze is bronze, why does it matter that one is lighter than the other if you're holding it for the copper content? Would you do that same for silver? Or gold?
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