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 Replies: 74 / Views: 9,465 |
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Pillar of the Community
 708 Posts |
basebal21,
Then, maybe thats where the term "silver penny" I'm refering to, comes from.
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Bedrock of the Community
13014 Posts |
Possibly. I wish the mint would do an all silver set where every coin is silver, Id be all over a real silver penny
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Moderator
 United States
14463 Posts |
 for me, that would definitely be a purchase. A full silver set: silver small dollar, silver half dollar, silver quarter, silver dime, silver "nickel", and silver cent would be very nice to own.  |
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Pillar of the Community
United States
592 Posts |
That's the way Canada and the UK do their silver proof sets. I've always found it slightly puzzling that we don't do it that way here.
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Pillar of the Community
708 Posts |
Hey guys, how about a pure gold set with a gold small dollar, gold half, gold quarter, gold dime, gold nickel, and a GOLD penny. Now that would also be pretty awesome!
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Pillar of the Community
United States
899 Posts |
I can't afford a Buffalo gold piece - let alone a complete set of coins in gold.
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Bedrock of the Community
13014 Posts |
Aside from the price, I dont think its a good idea to have the gold dollars actually made out of gold opening up the door for a lot of confusiona and people getting ripped off.
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Pillar of the Community
708 Posts |
basebal21,
Well, okay. How about a platinum, or my personal favorite, a rhodium small dollar coin, with all other denominations, half through penny as gold?
Also, how would a gold golden dollar be any more confused than a silver half, quarter or dime? With a solid gold golden-colored dollar, you can still look at the sides to see the copper core to see if its fake, just like with all silver-colored coins except the nickel, as the half, quarter and dime will show the copper core as well, unless someone gold-plates the maganese-brass dollar, and/or silver-plated the cupro-nickel half, quarter and dime.
But reversing a coin set to make the dollar coin a silver color (insert silver-colored precious metal of your chice here) and all of the other coins a solid gold coin would be an awesome set to see. A lowly penny made out of 24 karat gold...What a sight to see. I'd like to own one of those, as well as a silver penny.
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Bedrock of the Community
13014 Posts |
With the dollars a lot of people already think theyre real gold to begin with. While the silver and clad have the same color they do look different. Plus silver is very affordable, using gold or even platinum prices too many people out of the sets and with platinum I'm not sure the demand is even there. Theres also the fact that aside from the penny a those were made out of silver at one time which brings nostalgia into it.
You probably would sell quite a few gold pennies if they did just that with all the lincoln fans, not as many as silver though obviously. Just look at the mintages for the gold stuff, the demand really isn't there for a full set that would be pricier than those. Part of the draw for me aside from being unique is the different look, making a golden dollar out of real gold doesn't change the look to me.
Personally I wouldnt care if they wanted to do a gold set as well, but I'm opposed to doing gold instead of silver. If they went the more expensive route with gold or platinum I think theyd be better off just doing single coins at a time. If they ever do kill the penny a farewell set wouldnt be a bad idea having the normal, gold, silver, platinum ect. I believe canada did something like that
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Pillar of the Community
United States
592 Posts |
I think Canada's farewell was silver, and one last hurrah for each reverse design the penny had had. Definitely a set I'd like to get at some point.
I do agree, an all gold or platinum set would just price far too many out of the market. It would wind up being pretty much a failure.
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Bedrock of the Community
United States
10038 Posts |
I remember when I was a kid I asked my mother (and many others) why they did not use half dollars. The response I always got was that they were too large and heavy to carry around.
This would make sense.
So why was the weight and size not so much an issue prior to the 70s I wondered.
My only thought is that fifty cents bought a LOT more prior to the 60s. So it may be that people did not mind a half dollar in their pocket. But they did not need to carry much more coinage than this. Whereas even in the 70s, prices were such that just one half in the pocket was not much money compared to prior years.
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Pillar of the Community
United States
899 Posts |
Earle - actually in the 70's you could still buy a fair amount with a half. The problem was most vending machines etc... didn't take them, so most opted for smaller change. I think more than anything, the advent of the vending machine that took quarters but not halves pretty much killed them off. I remember working in my grandfathers business and you almost never got them in the 60's, and by the 70's most were already collectors pieces.
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Pillar of the Community
United States
2543 Posts |
Not to date myself, but I used and found Franklins and Kennedys in pocket change all the time in the late sixties and early seventies. I agree with Doug though, I was always looking for someone to change a Kennedy into two quarters for the soda machine.
The halves weighed the same as two quarters, and it was easier to carry one or two coins as opposed to two or four coins. When it came to the Ikes, they were definitely too big to carry more than one or two. Then the total opposite with the SBAs they were too small and were too easily confused with a quarter when you were in a rush despite the flat sides.
Edited by denco7
05/25/2013 9:35 pm
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Pillar of the Community
708 Posts |
Earle42, Ask your parents and other people: Do you carry around two or more quarters at a time? If they answer "Yes" then, ask them what the difference is, between carrying two quarters and one half, or one quarter and one half instead of three quarters, when a half weighs just as much as two quarters, other than the fact that most vending and self checkout machines will accept two quarters, but not a half. Also, halves are not too heavy of a coin to carry. The only coins I VERY *SLIGHTLY* (and I MEAN *SLIGHTLY* when I say it) think are sort of heavy to carry, were the old Eisenhower dollar coins, and like I said, carrying those aroind don't even bother me, despite the fact that they have some weight to them. But then, I'm only 32 years old, so I don't have much experience with carrying around Ikes as many of you older people may have. But I still like to carry around a lot of halves if I can get my hands on them. Still, I think we should resize the half, and make it a sided, copper coin so that it is not confused with all other coins, especially if we kill the copper-coated penny. I think many senior citizens would favor a circulating half that is very distinguishible, by looks and touch that weighs less than one quarter, let alone two quarters to cut down the weight in their pockets. |
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Pillar of the Community
United States
899 Posts |
denco - I think that was kind of the story back then. The Ikes were cool, but if I could have a dollar bill that fit in my wallet and cashed out the same and was just plain easier to deal with - I took the bill. The halves and Ikes were just not user friendly - period. The SBA's weren't much different - most machines didn't take them and you had to cash them in to use them. A coin is only convenient if it is readily useable - none of those fit that description. |
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Replies: 74 / Views: 9,465 |
First Page
Posted 05/24/2013 10:15 pm
