Another Way Halves Could/Could've Circulated. - Page 2

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publius Pillar of the Community United States 807 Posts	Posted 05/13/2015 02:05 am There are two ways of getting it wrong. One is illustrated by Russia, which at one time had 1, 2, 3, 5, 10, 15, 20, & 25 kopeck pieces in circulation simultaneously. The other is illustrated by Japan after the monetary reform of 1897, under which the largest silver denomination was 50¢, & the smallest of gold or paper ¥5. (The demonetized silver yen was revived after a few years, & one-yen "convertible silver notes" issued by the Bank of Japan, somewhat on the model of the American silver certificates.) Report this Post to the Staff
X2an Pillar of the Community Sweden 1078 Posts	Posted 05/13/2015 03:59 am The Half-dollar issue is also relevant here in Sweden. Legal tender coins are 1, 2, 5 and 10 kronor. However, the 2 krona coin fell into disuse after 1971 when the last one was issued. The coin shares some interesting similarities with the Half dollar. It's the same diameter (31mm), it weighs the same as two of the lower denomination and was issued in silver until the end of silver issue in 1966. Today, while the coin remains legal tender, it has close to no buying power (it's value is approx. 25 US cents, but buying power is lower in Sweden). Because of its relatively high issue and massive amounts of hoarders, its collector value is pretty much nothing, but I've never heard of it circulating lately, unlike the US half Dollar which is still issued, albeit in small amounts. The coins can not be obtained from banks. Report this Post to the Staff
X2an Pillar of the Community Sweden 1078 Posts	Posted 05/13/2015 12:57 pm Quote: So, don't quite count on the 20-cent coin replacing the quarter saving the half from oblivian here in the U.S. as it doesn't seem to be working much greater in Europe, where they have 20-cent coins. On my trips to the Eurozone I have ended up most of the time with 50-cents in my change. I think it has to do a little with region and timing. For instance, when I went to Spain earlier this year, I couldn't help but to notice there weren't many €2s in circulation, close to none. But on my faily frequent trips to the northern parts of the Eurozone, I have never seen any denominations gone missing. Also, a lot of friends and family let me peek through their leftover holiday cash and I constantly see 50-cents. Your friend maybe stumbled upon a local shortage of those. But then of course, as a fairly frequent user of the Euro, I see a lot more instances of circulation than those who don't use the Euro at all. Report this Post to the Staff
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