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Replies: 27 / Views: 4,141 |
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Pillar of the Community
708 Posts |
I have never read anything, nor have been told anything about them killing the half, but, the U.S. Mint website STILL has 2012 rolls of halves available, so I am wondering, "If they can't even sell bags and rolls of halves completely out, are they going to maybe go to just making halves for proof sets? Or will they kill the half off completely, possibly after the 2014 50th anniversary issue of the Kennedy half? In about a month or so, I should know if I can do my charity program for getting a certain store chain or a few to circulate halves and $2 bills, such as Walmart and Sam's club or such, and if I get them to, I hope they do it nationwide. I may even up the donation to $2,500, due to the fact that, Walmart said they may match my donation with their own donation, and $5,000 sounds a lot better than $4,000, with $2,500 going to each chosen charity, instead of $2,000. Like I said, this program will be for circulating halves and $2 bills. I have no plans to push dollar coins, because there is no point as long as $1 bills are around, and with most cash drawers only having five coin slots, the dollar coin would displace the half from circulation. Oh, I may also get a cashiering job at my local Kmart this spring and use $2 bills and halves, so, at least I can be sure I am making a difference. A very "small" difference, but a difference nonetheless. Wish me luck! Edited by Fox 01/07/2014 01:32 am
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Pillar of the Community
United States
1234 Posts |
I have searched several thousand in halves and spent dozens, I used an old prescription pill bottle that is the same diameter as the half's. I love when the cashier says "WOW, one of those... How much it is?" I usually try to remember to tell them to pass them out over the rest of the day too. I know you want them in circulation but I'm hoping they get hoarded and the bank has to order more, I've seen several marked coins, a paint/ink mark on the eagles tail feathers. The oldest I have found was a 1968d 40%, it had an interesting dual tone (obv/rev) so it would have been easily missed on an edge only check, special note to other CRH's please be lazy and leave them for me  ! The newest I have found is 2001, maybe one 2002 but nothing beyond that. Quote:possibly after the 2014 50th anniversary issue of the Kennedy half? True but then there is the possibility of American Half Eagles in .999 silver.
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Bedrock of the Community
Australia
21786 Posts |
The Half will never die for use as commemorative NCLT coin. It's larger size will see to that.
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Pillar of the Community
United States
997 Posts |
As a circulation coin it has been dead for decades. It ain't coming back for real coin use anytime soon, if ever. I have a few places that set aside anything "weird" for me and I get more SBA's than halves these days. I actually even get more odd foreign coins than halves.
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Pillar of the Community
United States
4901 Posts |
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Bedrock of the Community
United States
20753 Posts |
There are many coins that just don't make it with people. The baby sized dollar coin is one. The Half Dollar coin too is getting tuff to distribute. Yes people will take them but many places just don't like to take odd coins and the Half is becoming just that. Same too with the $2 bill. When any such coins slowly loose out on circulation, less and less people see them. And the less that see such coins, the more others become leary about even taking them. The only Half Dollar coins I now see is when I ask for them at a bank.
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Pillar of the Community
United States
4901 Posts |
Same again: https://goccf.com/t/160283https://goccf.com/t/164687https://goccf.com/t/164461https://goccf.com/t/159035https://goccf.com/t/152934Sorry to be an itch but dude, you need another cause. You have just about discussed this half dollar thing to death. I liked your $200/$500 save the Government money campaign for its novelty anyway...and its 100 word sentences. Quote: One other thing is, I have learned a bit of news that the Treasury is talking about wanting to reissue the $500 bill, but as of now its just talks and nothing has been made official yet, but if and when it does, I have read that the Secretary of the Treasury still has the authority to print $500, $1,000, $5,000 and $10,000 bills if he chooses to do so, and the Federal Reserve still has the authority to order any or all of these large denominations Federal Reserve notes, and that if they order them, the Secretary of the Treasury must order them printed. Anyway the Treasury wants $500 bills because $100 does not go as far as it used to and I have always heard that, if the Treasury talks about reissuing the $500 bill, they would likely consult with Congress first, but the thing is, although they are talking about reissuing the $500 bill, there was no mention of a $200 bill, which I know would take an Act of Congress to issue $200 bills, because there was never a real U.S. $200 Federal Reserve note printed, but I figure, this is another way of saving money. Printing fewer $500 bills instead if printing so many $100 bills, which the demand for the $100 denomination is steadily increasing, printing less $100 bills would save the government money, and a few more $200 to close in the gap between the $100 and $500 bills would save even more so. Please support any movement to reissue the $500 bill, and if there is a movement to do so, please get involved with getting a $200 bill on the drawing board as well 
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Pillar of the Community
United States
561 Posts |
Quote: As a circulation coin it has been dead for decades. It ain't coming back for real coin use anytime soon, if ever. 
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Pillar of the Community
United States
6130 Posts |
Normal people don't carry around change to spend, unless it's a granny with a penny jar bent on tormenting a local cashier. This is the normal flow of cash:
Mint > Cash Logistics > Cash Registers > Customer > Coin Jar > Bank
All parties are really to blame here. Cash logistics companies don't ship odd-denomination coins (halves and dollar coins) directly to banks or stores unless the receive a special order for them. Banks and retail cash offices separate out all these "odd" coins and put them aside rather than in their tills. Cashiers generally toss these odd denominations in their "Miscellaneous" slot rather than giving them back out to customers. Customers quite frequently refuse to accept these coins if they are given, and the few that accept them either put them in their coin bucket or stash them away.
The last major consumer of half dollars was the casino industry, and slot machines haven't dispensed half dollars in a very long time. The half dollar is going to remain a novelty coin until the Fed decides to throw in the towel and melt them.
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Valued Member
United States
368 Posts |
i think 2014 would be an appropriate time to phase out the half (50 yrs anniversary and all). do I want them to? no. will they do it? probably not. who knows when they will stop making them.
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Pillar of the Community
United States
1234 Posts |
 not only that but with them being clad garbage I see no point in keeping anything more than a full date/mint set of circulated. Go for the proofs if that is your thing and they will most likely always make them for proofs. Have you ever put 11 dollars in half's in your pocket? That is why I have Suspenders!, no joke. How many moms still carry around a purse so big they can crawl inside of it? Even if they do then one piece of plastic is hard enough to handle with kids screaming and pulling on the purse they doesn't need to be any heavier with a coin that will not even buy a single candy bar to shut the kids up for a few minutes. I'm not in a major metropolis so the clerks are usually nice about it, since it is still issued I believe they can not refuse it (check the laws before you get on a soap box in a busy check out line thou). Then there are busy check out lines, slowing things down with an oddity is not the best plan sometimes. If there comes a time that coins are no longer minted for circulation (OH NO DON'T EVEN THINK THAT), it could happen. If it does the mint will make only proofs and we will all be on Credits like Star Trek... what is your credit rating?  ?
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Pillar of the Community
United States
589 Posts |
Quote: since it is still issued I believe they can not refuse it All federally issued US currency from 1792/3 to date in all denominations, including obsolete (2 and 3 cent, 20 cent, gold, etc.), and including all federally issued banknotes (silver/gold certs, nationals, legal tender notes, etc...excluding state issued obsolete notes) are still legal tender and must be accepted for all debts, public and private. A debt is not a purchase, which is why it is 100% legal for stores to refuse to accept whatever denominations/styles of currency they want (including outright refusing purchases in US money)...however, if you decide to pay off your credit card in old currency, albeit legal tender, odds are you may have the police called and get arrested for counterfeiting (seriously, how many average people know the government makes more than 4 types of coins or more than 6 types of bills, and how many younger people know small portrait bills are real?) Bottom line: legal tender is for debts, but it wouldn't stop any law enforcement agency from attempting to charge you with counterfeiting if they wanted to try. The U.S. Treasury states quite clearly: There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy. Coinage Act of 1965, Section 31 U.S.C. 5103 United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues. Foreign gold or silver coins are not legal tender for debts. **Note should be given that gold and silver are legal tender in and of themselves in Utah now, so technically that should extend to foreign gold and silver coins, as well as gold and silver rounds.
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Valued Member
United States
186 Posts |
has anyone here seen the total for 2013 halves.... in the last report from the mint
it looks like the Mint made 9.6 million from the usual mintage of 3.6 million ...maybe the Fed needs more halves
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Bedrock of the Community
United States
10034 Posts |
@Fox I have spent a good deal of my life as a teacher and I really enjoy teaching teens. I am hoping I am not making an error in this, but you seem to be a young man with a mission much like I have seen many junior high school to high school students over the years. I just hate to see you set yourself up for disappointment and looking back in later years and wondering why you did not spend your money on something that was more lasting and would bring you more return in the future. As much as you would like to see the half and 2.00 bills spent, since I have been alive - the early 60s, the public opinion has been the same. They do not want to use larger coins and 2.00 bills... period. When I was younger I also loved halves and $2.00 for the novelty of them. I wished people liked them. But after 50 years of liking the idea of using them I can say it is so very highly mathematically improbable (read as impossible) for a dedicated individual like yourself to be able to turn the tide by organizing something like this at one store in this whole nation. And even if through some miracle this would snowball into wide acceptance by Walmart of distributing them, just like the dollar coins... people would refuse them after the novelty wore off. One or two are interesting to see b/c they are "rare" to most people. But when they get more than one or two, they reject them - the last 50 years shows this. Why don't you take your money and maybe invest in your own coin hobby and buy a better coin that you will be able to pass on in later years? Put your money where it actually will give tangible results that will last. You have a GREAT drive. I am not saying to abandon your dreams or set your goals to a lower level. I am suggesting you make your goal one that will actually benefit you/someone in the long run. A person with your drive can do a lot of good for a cause which will benefit people. If the right politicians had half your drive we would not be in the mess we are right now in the US.
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Pillar of the Community
United States
1234 Posts |
I just put 40 small dollar coins, 2 Ike's and about 22 JFK's into cash registers today, some even to buy 4 Walking Liberty's (1937,1938,1942,1945) and an 1878 Morgan, no refusals but one said he was going to deposit them in the bank, it was the LCS and he said they have some in the till already for interesting change to give out, so they support the idea and the local recycle center likes to give out 1/2 and dollar coins. I asked a bank teller today and she said the mint is no longer going to be issuing the Presidential dollars for circulation, only for collectors. So it seems that battle is lost.  but I have to say the Walkers are much nicer than the clad Kennedy's
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Pillar of the Community
United States
814 Posts |
I believe the Presidential dollars haven't been issued for circulation for a couple years now, since there are so many in storage and no one wants them. Same for the Sacagawea's.
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Replies: 27 / Views: 4,141 |
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