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What Happens To Circulated Coins?

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Bedrock of the Community
United States
20753 Posts
 Posted 03/15/2013  9:57 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
1. Thrown in Lakes, Rivers, Ponds, Oceans, etc.
2. Melted down for their metal content
3. Put inside something like a toilet seat, clock, paper wieght, etc. for decorations
4. Placed in a place where concrete is to be poured for good luck
5. Made into charms, neclaces, bracelets, pendants and other types of Jewlery.
6. Buried in jars, cans, boxes by kids for the future
7. Stored in jars, cans, boxes for a rainy day by many people
8. Distroyed by kids in chem labs in schools
9. Sent to other planets by our government thinking people on places like Mars need Pennies
10. In a drawer next to sox to be spent tomorrow

And possibly in banks too.
Valued Member
kevro22's Avatar
United States
250 Posts
 Posted 03/16/2013  09:14 am  Show Profile   Bookmark this reply Add kevro22 to your friends list Get a Link to this Reply
Here's a good example of what happens - and a nice story also.. My father in law knows that my son and I collect coins but has never said anything about it (he doesn't collect). We arrived at his house last night for a weekend visit and my son mentions something about coins. Well my father in law says that he has some old coins and would we like to see them. I was a bit surprised as he has never said anything about coins and has absolutely no interest but here he pulls a little tin box of stuff. So this is a good example of where they go, many are probably sitting in people's homes in storage and never see the light of day. By the way, he had several common date avg circulated Morgans, Peace, Kennedy silver and other junk silver, plus a bunch of wheats and an IHC. The big surprise of the night was in between all the random silver was a 1917 type 1 SLQ in xf !! How that got in there I don't know. After slobbering over them for a few minutes alas they all went back into the tin box and back to their hiding place...until next time :)
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