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Replies: 37 / Views: 6,410 |
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Pillar of the Community
United States
609 Posts |
I spend the ones I've already seached to avoid dumping them.
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Pillar of the Community
United States
4778 Posts |
It shouldn't be much of an effort for a manager to make and print up a flyer for the employees with pics of the coins that they can accept (including halves and golden dollars), and post it like next to the register or something. IDK just a thought...
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Pillar of the Community
United States
1064 Posts |
They musta been asleep at the switch if they don't know about Sacagawea dollars; we were absolutely bombarded with TV and print ads when those came out, telling folks to dump the $1 bills. Then again, it didn't seem to work out very well around here (Mass).
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Pillar of the Community
United States
4333 Posts |
I spend halves almost every day, buying gas, cigs, fast food, beverages, tips, etc. Man I'm healthy LOL! Seriously, I spend about $10-20 a week average, usually the loose halves from rolls I pick up during the week.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Valued Member
United States
374 Posts |
The horse racetrack that I gamble at uses them.
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Valued Member
United States
287 Posts |
my kids get them from me and like spending them
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Pillar of the Community
United States
7840 Posts |
I leave them primarily for tips at eating establishments. I also picked up a hundred IKE's from Russ789 to go alongside them. I shy away from SBA's; too confusing from quarters. Golden Dollars are another good one to "catch and release".
Edited by oih82w8 06/27/2011 08:42 am
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Pillar of the Community
United States
687 Posts |
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! 
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Pillar of the Community
United States
2602 Posts |
I never re-roll halves from roll searching. Everyone eventually gets spent, usually for under $20 purchases and as tips at restaurants.
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Bedrock of the Community
Australia
21788 Posts |
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?
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Pillar of the Community
United States
917 Posts |
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.
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Bedrock of the Community
United States
17884 Posts |
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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Moderator
 United States
189219 Posts |
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).
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Pillar of the Community
United States
543 Posts |
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!
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Bedrock of the Community
United States
10038 Posts |
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.
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Replies: 37 / Views: 6,410 |