I was driving the other day and as my mind wandered I pondered this question. Are the coins usually found in our change today any more interesting that it was say 60 years ago or 60 years before that?
Today we commonly find older composition coins (pre-Zinc pennies) and pennies with several reverse designs, nickels with several designs, Quarters with dozens of reverses and 2 obverses and the occasional dollar coin with a plethora or designs. About the only coins we don't see many different designs on is the coin we least see, the Half dollar with only the bicentennial design that pops up as an outlier. We even see the occasional clad dollar here and there.
In 1958 outside of the one-off steel penny that rarely if ever popped up in circulation the composition of all circulating coins hadn't changed appreciably for almost 100 years. Pennies were still a year away from the
LMC design so most circulating pennies were still
LWC's, an almost 50-year-old design. Nickels hadn't been changed in 20 years but Buffalos were still pretty commonly found. Dimes were slightly newer in design, at 12 years so Mercury's were still around as well. Quarters were the oldest front & back design around at 26 years so it is unlikely there were too many SLC's still running around but I suppose there were a few. There were probably a lot of LW halves around to supplement old Ben as they were still pretty valuable to pull from circulation on a whim for many people; they were worth about as much as $5 is today. There were no real circulating dollar coins, but one could get them at the bank if needed, probably Peace and perhaps occasional Morgans.
Almost 120 years ago at the turn of that century
IHC's had been around for 30 or so years and the only small cents before that, the Flying Eagle, were probably rarely ever seen. One could have perhaps found the occasional nickel Indian Head but I suppose that would have been pretty wild. There may have been some
Shield nickels around but the
Liberty nickel would have been almost universal. Dimes, quarters and halves would have included the Barber and Seated Liberty varieties and the purchasing power at the time would have precluded a lot of casual collectors of these denominations. Dollar coins would have been almost all Morgan's most likely as it had been over 25 years since the
Seated Liberty dollar had been produced. I wonder if any
Trade dollars were circulating at the time?
I suppose that there would have been gold coin at this time too but I don't know how much use they had in daily individual commerce then.
While the change to clad from silver effectively removed most pre-65 larger denomination coins from circulation the fact that 50-year-old coins are so common these days to be merely a mild surprise (if even that) probably makes current circulation collecting more likely to find old coins of interest, even if just to fill a hole, than it would have been years ago. While we might think the coins we see today are boring due to lack of design changes, in actuality one can find multitudes of different designs on a pocketful of coins today except for the dime. Take a random roll of pennies, nickels, quarters or dollars and today you are most likely to find multiple designs while in 1900 or 1960 you would find just one or two on a good day. Today, on pennies and dollars, at least you can easily find 2 different metal combinations while in 1960 and 1900 they would have been all the same 3 types: Copper for pennies, cupro-nickel for nickels and 90% silver for the rest).
While we all probably pine for the silver days what we have now is likely more interesting than it was then, especially since one can afford to pull coins for collection much more than one could 60 or 120 years ago. Of course we all would love to be able to go back and preserve and hide away copious amounts of coins for us to find now but just put yourself in the shoes of a circulation collector then.