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What's The Oldest Coin You Would Consider To Be "Worth Face"

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Finn235's Avatar
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 Posted 08/28/2015  3:47 pm Show Profile   Bookmark this topic Add Finn235 to your friends list Get a Link to this Message Number of Subscribers
Poll Question
Something fun I was thinking about the other day:

Suppose you are about to pay a cashier, and in your handful of change, you notice a very old coin from a previous transaction that you did not notice before. What is the oldest coin that you would hand to the cashier without a second thought?

For me personally, I spend 1956-58 nickels routinely, but anything 1955 and earlier gets saved. I have spent 1950s LWCs in a pinch, but usually save anything with wheat ears on the back, regardless of condition. Likewise, I consider even the ugliest, most dateless Buffalo nickels out there to be worth more than 5 cents.

How about you?

Poll Choices
 1965 clad coinage
 1959-64 cents
 1940-58 cents
 1938-57 nickels
 1909-1939 cents (damaged/cull)
 1913-1938 nickels (dateless or nearly so)
 1890-1909 cents (damaged/cull)
 1883-1912 nickels (damaged/cull)
 Anything older (comment below)

Edited by Finn235
08/28/2015 10:05 pm
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jbuck's Avatar
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 Posted 08/28/2015  4:02 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Clad coinage for sure.

95% copper cents are already worth more as bullion. The nickels will get there soon enough.
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Finn235's Avatar
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 Posted 08/28/2015  4:21 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
I do save the copper cents, but to be honest there are no non-S mint LMCs that would be worth the trouble of putting back in my pocket to save them from a transaction. Likewise, I doubt I would pay more than 10% over face for a large lot. In that case, that makes each individual 95% copper LMC "worth" face value, with the added value only appearing in greater numbers.
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CSOTUS's Avatar
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 Posted 08/28/2015  4:26 pm  Show Profile   Bookmark this reply Add CSOTUS to your friends list Get a Link to this Reply
I would spend any circulated jeff nickel minus the War Nickel. I would spend any LMC and any clad 65 and newer coin.

I would not spend any wheeties, I don't necessarily collect them at the moment but I am starting to enjoy them more.
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Coinfrog's Avatar
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 Posted 08/28/2015  5:06 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Would also spend any common-date LWC or IHC cull, which I try to do regularly.
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jbuck's Avatar
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 Posted 08/28/2015  5:29 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
For what it is worth, I have not spend a Jefferson (or any other) nickel or a 95% copper cent in years.

Granted, it is not like I am keeping hundreds of them daily or even yearly, being that most of my purchases are tendered electronically now.
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Joe2007's Avatar
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 Posted 08/28/2015  6:23 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
The 1959 Memorial cent is probably the oldest that I'd consider returning to circulation. I know I hoard some stuff that has questionable value, such as 1950's nickels, but I'm younger (mid twenties) so I don't have a huge accumulation of them built up.
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howell1018's Avatar
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 Posted 08/28/2015  8:07 pm  Show Profile   Bookmark this reply Add howell1018 to your friends list Get a Link to this Reply
I don't think most of the respondents understood the question (or maybe I don't). At this writing, most people answered they would not spend 1965 clad coinage. I don't understand that.
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Cascade's Avatar
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 Posted 08/28/2015  8:19 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
All US coins are worth face value even today so I'm thinking it would be the 1793 copper cent

If that's what you're getting at?
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ArrowsAndRays's Avatar
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 Posted 08/28/2015  10:33 pm  Show Profile   Bookmark this reply Add ArrowsAndRays to your friends list Get a Link to this Reply
Cent - 1959
Nickle - 1951
Dime - 1965
Quarter - 1965
Half - 1971
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 Posted 08/29/2015  01:53 am  Show Profile   Bookmark this reply Add shadz to your friends list Get a Link to this Reply

Quote:
Suppose you are about to pay a cashier, and in your handful of change


Im sorry I only speak English, and this statement makes no sense. People spend change without taking it home, looking it, and rolling it?

Sorry, couldn't answer the question as asked, because I don't spend change until it has been looked and only spend loose dollars/halves.

To answer the thread title, ALL coins are worth face because that is all I pay for them. But that doesn't mean I am willing to sell the ones from my collection from any price. "golden" dollars isn't even on the list, but SBA would probably fit in 1965 clad?
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DeodatusAlp2002's Avatar
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 Posted 08/29/2015  01:58 am  Show Profile   Bookmark this reply Add DeodatusAlp2002 to your friends list Get a Link to this Reply
I never spend dateless Buffalo nickels or wheaties or silver. Plus, I know a guy who pays 15 cents for dateless nickels!
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DeodatusAlp2002's Avatar
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 Posted 08/29/2015  02:31 am  Show Profile   Bookmark this reply Add DeodatusAlp2002 to your friends list Get a Link to this Reply
And if I see 1965 clad coinage, I toss it into a pile of "checked" coins. Then I go and dump at the bank.
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NumisRob's Avatar
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 Posted 08/29/2015  03:21 am  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
I accumulate odd quantities of low value US coins through buying up small lots of foreign coins at garage sales and similar places. I've spent a dateless Buffalo nickel and several lower grade Wheat cents when visiting the States - I wouldn't be able to trade them here in the UK, and it's fun putting them back into circulation!
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Rackster's Avatar
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 Posted 08/29/2015  07:00 am  Show Profile   Bookmark this reply Add Rackster to your friends list Get a Link to this Reply
I echo many of the comments above but like shadz, everything gets looked at in my change. I accumulate change throughout the day in hopes I'll find something. Only then does it get to the next person.

But in the spirit of your poll, I chose 1959-1964 LMCs but could have equally grabbed clad coinage.
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 Posted 08/29/2015  12:51 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Don't know why all the fuss. I spend Dateless Buffalo nickels lots of times. I love to spend any Half Dollar coins too. Same with $2 bills. So far no one has even said anything such as HUH or stuff like that. I sometimes wonder if I could spend blanks around where I live.
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