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Who Uses Half Dollars Any More?

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Pillar of the Community
United States
687 Posts
 Posted 06/27/2011  08:56 am  Show Profile   Bookmark this reply Add RollHunter to your friends list

Quote:
I collect them, and my kennedy set would never be complete if the mint stopped making them.


Wrong. Your set will never be complete if they continue to make them!
Pillar of the Community
United States
2602 Posts
 Posted 06/27/2011  10:25 am  Show Profile   Bookmark this reply Add mycrob to your friends list
I never re-roll halves from roll searching. Everyone eventually gets spent, usually for under $20 purchases and as tips at restaurants.
Bedrock of the Community
Australia
21788 Posts
 Posted 06/27/2011  10:48 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
When I was in the 'States a couple of years ago, halves were scarce in circulation. Obviously, they are not preferred by Americans. I was very happy to spend them and keep them in circulation.

50 cent coins are in common circulation in Australia.

I wonder why the difference?
Pillar of the Community
United States
917 Posts
 Posted 06/27/2011  11:01 am  Show Profile   Bookmark this reply Add SilverRoosevelt to your friends list
I asked some of my co-workers who were children in the 1950's and 1960's and they told me they remember regularly spending Franklins and Walkers back then. Also, halves did circulate somewhat in the early '70's, maybe into the '80's, based on what one of my professors said. She remembers her mother telling her to save all halves she found in circulation (I don't know how many were silver, but she may have found a couple).

It's just that after the Kennedy assassination, and the decision was made to replace the Franklin half with the Kennedy half, people hoarded the coins out of sentiment for JFK. Maybe if the half went to the same copper-nickel sandwich that the dime and quarter were made of in 1965, instead of a silver clad blend, which made people hoard them some more, we'd still be spending halves today.

.50 unit coins work in other countries because they usually have a .10 and .20-unit coins below it and having a .50 is more convenient than a ton of .10's and .20's.
Bedrock of the Community
United States
17884 Posts
 Posted 06/27/2011  11:31 am  Show Profile   Bookmark this reply Add Conder101 to your friends list
Why do they make them? Simple reason, because collectors buy them from the mint at an even greater mark up than they get putting them into circulation. They can make almost as much profit striking and selling 6 million coins to collectors as they would have made striking 20 million business strikes and putting into circulation. And since the Fed is floating in Kennedy's and has no intention of ordering any more in the near future the sale of the coins directly to collectors keeps up the mints revenue stream.


Quote:
It's just that after the Kennedy assassination, and the decision was made to replace the Franklin half with the Kennedy half, people hoarded the coins out of sentiment for JFK. Maybe if the half went to the same copper-nickel sandwich that the dime and quarter were made of in 1965, instead of a silver clad blend, which made people hoard them some more, we'd still be spending halves today.

Corect. By the time they finally decided to change over to coppernickel clad, the half dollar had for all practical purposes been out of circulation for almost ten years. Habits had changed, and without halves in circulation for such a long period the vending machines had changed as well and no longer accepted halves. This meant one more obstacle retarding their return to circulation.
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United States
189130 Posts
 Posted 06/27/2011  2:57 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
Half Dollars seemed more common when I was a kid (1970's and early 1980's), but nowhere near as common as the other denominations. I cannot even recall the last time I got one in change, or even noticed one in a drawer (if I do, I ask for it).
Pillar of the Community
United States
543 Posts
 Posted 06/27/2011  4:29 pm  Show Profile   Bookmark this reply Add wulffy11 to your friends list
I think the government became aware they are very infrequently used anymore in dally transactions so they made them for collector's only. Speaking of which, I just picked up a pair of 2011-P&D Half Dollars from the local coin shop an hour ago!
Bedrock of the Community
United States
10038 Posts
 Posted 06/27/2011  5:02 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list
I was around in the 60's and 70's (though high school age in the 70's). Being an avid collector back then, I was always looking at every coin I could get my hands on.

I see no difference in the amount of circulating halves nowadays as I did back then. It seems all cash registers back then had 2-3 halves (if any) ,but rarely more than 2-3. I do not see a change (and I was working a cash register a few years ago at a place where a lot of coinage moves throughout the day)

If I get them (and do not want them), I like spending them to see the look on the faces of the people I am buying from. I used to do this as a teen also. I remember a long time ago I spent 3 rolls of them at one store and the guy behind the counter could not stop talking of how he had never seen so many at one time.
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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United States
12844 Posts
 Posted 06/27/2011  8:12 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list
The concession stands at University of Texas at Austin football and baseball games charge for everything in multiples of $0.50, so they hand out halves in change when the sale is $x.50. My guess is that it saves time when trying to crank through a deep line of thirsty fans.

Of course, I always plan my purchase there to not be an even dollar amount. Although last time it came up to 8 dollars or something and I asked for all my change in halves. The clerk looked oddly at me for a moment and then said as she was handing me my halves, "no one's ever asked for that before".

Pillar of the Community
United States
1204 Posts
 Posted 06/28/2011  03:37 am  Show Profile   Bookmark this reply Add Ricardocody to your friends list
I pay my gas,wawa or any purchase around 30or less just so I dont have to dump. At Places where I go evrydays starting to ask me where I get them and many times the cashier go ask the manager if is real money or what lol !
Pillar of the Community
United States
2541 Posts
 Posted 06/28/2011  10:57 am  Show Profile   Bookmark this reply Add Gothic Florin to your friends list
Great at tollbooths
Pillar of the Community
United States
927 Posts
 Posted 06/29/2011  12:10 am  Show Profile   Bookmark this reply Add perfessor to your friends list
I ask for half dollars and dollar coins (no SBA's) every time I go to the bank. Occasionally I will get a roll or two of half dollars. I keep 2 of each in my pocket all the time. I try to spend them 1 or 2 at a time and I love to see the different reactions of people when I spend them. I also will educate anyone who asks what they are. I think it has been many years since I have received a half dollar back in change. I don't even see them in the cash drawers anymore. It is a shame that they don't circulate more. I am trying to do my part.

We play games in my bowling league and I make it a point to always use half dollars and dollar coins for my contribution. My bowling buddies (most of them anyway) hate these coins. They call them "funny money". It just makes it all the more fun.
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United States
12844 Posts
 Posted 06/29/2011  02:36 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list

Quote:
My bowling buddies (most of them anyway) hate these coins. They call them "funny money". It just makes it all the more fun.


hahaha I love it! "inconveniencing" your friends is so gratifying sometimes.
Valued Member
United States
493 Posts
 Posted 06/29/2011  04:27 am  Show Profile   Bookmark this reply Add everything to your friends list
I have seen where they work well in concessions where they don't ring up sales by the quarter dollar, it's one less coin to give out, but weighs about the same as two quarters.
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5953 Posts
 Posted 06/29/2011  06:27 am  Show Profile   Bookmark this reply Add nohope587 to your friends list
I use Half Dollars, Dollars and $2 bills for 90% of my purchases under. $20
I find it fun to confuse the youth of today.
Every now and again some one will refuse payment but most of the time they are happy to see something a little unusual.
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