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Replies: 39 / Views: 5,473 |
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Pillar of the Community
United States
4809 Posts |
Tip the teller: that was a nice haul!!
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Pillar of the Community
967 Posts |
Whenever I catch her out to lunch I buy it for her.
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Valued Member
United States
374 Posts |
No, we haven't drained the system of collectible coins. As elderly coin collectors pass away, younger spenders will spend their grandparent's change.
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Valued Member
United States
374 Posts |
In fact, I would say that people that did coin roll hunting in the '80s and '90s are giving their change to their descendants, and they are giving their change to the bank. You could consider it an ecological balance, I guess!
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Pillar of the Community
United States
4333 Posts |
Quote: In fact, I would say that people that did coin roll hunting in the '80s and '90s are giving their change to their descendants, and they are giving their change to the bank. You could consider it an ecological balance, I guess! Ha ha yes, but only after we 'old timers' have searched it for silver, wheats, or errors today!
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Pillar of the Community
United States
4809 Posts |
You have the good juju all over you still lookin. That's the way to do it!
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Valued Member
United States
214 Posts |
In the mid 60s nearly everyone was pulling and saving the silver coins, and as they pass, these coins will come back into the collector market. I think we will see a far larger number of coins from the 40s and 50s, than from any other decades in history.
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Pillar of the Community
United States
4333 Posts |
Quote: In the mid 60s nearly everyone was pulling and saving the silver coins I've always wondered if this was just romantic myth. I grew up in the '60's, I don't recall my parents, grandparents or any other relatives hoarding silver coin. I'd have to say that a large percentage of the population probably weren't even aware, or cared, that their silver coinage had changed composition. In the mid 70's as a teen, I was roll hunting and going through change jars. As I recall, there was one friend who's mother had stashed away a jar full of Mercury dimes. Of course, tons of silver coin were turned to melt around 1980, and major percentage of any hoarded silver disappeared.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Moderator
 United States
189340 Posts |
Quote:Quote: In fact, I would say that people that did coin roll hunting in the '80s and '90s are giving their change to their descendants, and they are giving their change to the bank. You could consider it an ecological balance, I guess! Ha ha yes, but only after we 'old timers' have searched it for silver, wheats, or errors today! Not necessarily the change jars, but the actual collections (or stacks or silver hoards). The heirs often only see them as money to deposited. 
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Valued Member
United States
214 Posts |
Just look at the mintage numbers for dimes and quarter and you will see that, for the first time in history, mintage rose above a billion a year for the period 64 to 67, before dropping back in 68. This was due to hording of the previously issued silver coins. The mints were running at full steam to replace them, and dropped all none essential functions like making and selling proof sets or even using mint marks during this time.
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Moderator
 United States
189340 Posts |
Yup, and they also stopped using mint marks to discourage the collectors.
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Pillar of the Community
United States
4333 Posts |
The US Mint had a percentage of circulated coin melt to produce new.
Cannibalism!
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Pillar of the Community
 United States
860 Posts |
After having many bad boxes of nickels and dimes, I finally had a great box of nickels tonight: 1955p undated buffalo 1944D 1943P 1950d  (only our second one ever)
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Pillar of the Community
1325 Posts |
Quote: Coin roll hunting............what an incredible waste of time. Well its a good thing you are in the coin roll hunting forum then huh?  Some areas have been depleted of some things, while others have been depleted of other things. Halves seem to all be good in one area, and bad in evry other area. If the type of coin you are checking seems dry, just try a different coin? I haven't found anything decent in dimes except a 1970S. Wheats are all through boxes of pennies. Nickels always turn up something: buff, war, foreign.
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Moderator
 United States
189340 Posts |
Quote:Well its a good thing you are in the coin roll hunting forum then huh?  
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Replies: 39 / Views: 5,473 |
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