Spending Old Coins - Page 2 - Coin Community Forum

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Author	Replies: 53 / Views: 4,246	Page: of 4

Napoleon31ft Pillar of the Community United States 528 Posts	Posted 07/14/2009 11:08 pm I really want to spend a large size note. Report this Post to the Staff
lincolncollector Valued Member United States 373 Posts	Posted 07/14/2009 11:09 pm Funny ratman... Report this Post to the Staff
ratman4762 Pillar of the Community United States 2521 Posts	Posted 07/14/2009 11:10 pm I'll take that as a "No"! Report this Post to the Staff
lincolncollector Valued Member United States 373 Posts	Posted 07/14/2009 11:11 pm I just think it would be cool to buy something with vintage coins and see if the cashier accepts the money. But of course, don't spend any coins worth good money..... Edited by lincolncollector 07/14/2009 11:12 pm Report this Post to the Staff
biokemist6 Bedrock of the Community United States 12437 Posts	Posted 07/14/2009 11:41 pm I believe that the only coin that has had its legal tender status revoked is the Trade dollar. Report this Post to the Staff
nod2003 Pillar of the Community United States 3294 Posts	Posted 07/15/2009 08:49 am And if you really want to spend a Trade dollar, I would be glad to accept it for face, unless it is an obvious Chinese fake. Report this Post to the Staff
TonysPics Valued Member United States 178 Posts	Posted 07/15/2009 3:17 pm A woman came into our shop yesterday and sold us a worn 1926 Walking Liberty Halve. She said she got in change. Report this Post to the Staff
jgfindring Rest in Peace United States 1380 Posts	Posted 07/15/2009 4:20 pm My understanding was that when the law establishing clad coinage passed, it accidentally restored the Trade dollar to legal tender status. Coin World (I think) had a small blurb when the Pres dollars first came out with an editor buying some from the mint people at one of the launching ceremonies in part with a Trade dollar. Report this Post to the Staff
lincolncollector Valued Member United States 373 Posts	Posted 07/15/2009 5:16 pm I'd like to walk into a store and buy a pack of gum or candy with some 2-cent pieces, Half Cents, 3 cent nickels, etc.... Do you think the cashier would accept these coins? Report this Post to the Staff
ratman4762 Pillar of the Community United States 2521 Posts	Posted 07/15/2009 7:01 pm Tell me where you want to spend them....I'll get a part time job there to help you with your endeavor! Report this Post to the Staff
ratman4762 Pillar of the Community United States 2521 Posts	Posted 07/15/2009 7:04 pm Anybody with half a brain would accept them and purchase them out of the till. I mean you're talking about a dollar face value and anybodt would gamble a dollar hoping they are real! Report this Post to the Staff
yotie Pillar of the Community United States 3077 Posts	Posted 07/15/2009 9:44 pm bet the chasier would call the cops thinking they were stolen Report this Post to the Staff
nod2003 Pillar of the Community United States 3294 Posts	Posted 07/16/2009 09:27 am I rather doubt the cashier would take them unless they are a coin collector. They would probably think they were foreign coins. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 07/16/2009 10:51 am Oldest coin that I have deliberately spent was a 1902 V nickel. It took several attempts to get it spent though since I could not convince the cashiers to take what to them was obviously a "foreign" coin. I've always wanted to do a two or Three Cent piece, maybe one of these days. But even the cull pieces are getting up there in value. Coinage Act of 1965 established that all US coins, whenever they were struck, are legal tender. That restored the legal tender status to the Trade dollar, removed the $5 legal tender limit on the dimes quarters and halves, and the limited legal tender status of the cents through five cent pieces. It also granted legal tender status to the Half Cent for the first time in US history. Report this Post to the Staff
eaglefoot Pillar of the Community United States 6326 Posts	Posted 07/16/2009 11:00 am I could never spend a nineteenth century or early twentieth century coin ! ..... Not even a dateless Buffalo nickel or a Common Date Wheat cent !! But for those that DO spend them.......I'll be waitin' on the other side to nab it ! .... Report this Post to the Staff
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