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 Replies: 26 / Views: 2,489 |
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Pillar of the Community
United States
588 Posts |
Does anyone here remembers when U.S still had wheat cents and silver coins. If yes then how do you feel that now they are becoming more expensive. And how do you feel in general? I wish I could hold a new Wheat penny like I'm holding a Lincoln Cent in our days. Who knows maybe someday someone will feel a little bit jealous too. |
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Moderator
 United States
188213 Posts |
I say that fifty years from now people will look at memorial cents the way we look at wheat cents now; at least for the pre-1982 memorial cents. I am not so sure about the Zincolns!  |
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Pillar of the Community
United States
2443 Posts |
I hope there will never be a thread that says "Do you remember when actual money circulated?"
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Pillar of the Community
 United States
588 Posts |
I fear that to Amazon99, technologies are moving forward, and people are using credit cards more. And money you have to make over and over and that takes money.
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Moderator
United States
188213 Posts |
Quote:
I hope there will never be a thread that says "Do you remember when actual money circulated?" We almost there! Does anyone remember when Half Dollars actually circulated?  Edited by jbuck
12/03/2008 5:51 pm
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Pillar of the Community
United States
1291 Posts |
I think I started collecting coins the day before they announced that dimes, quarters and halves were going to the "clad" composition. Actually, at that time, (1964) you could still get Mecury dimes, Buffalo nickels, Franklin half dollars and SL quarters in your change, as well as wheaties. To Podoprigora's queston, I don't like paying more for them, but I do like the idea that what I have managed to obtain has appreciated in value. It's hard for me to believe, however, that a lot of today's modern coinage will ever have the appeal, to future generations, as that pre 1964 coinage had to me and people my age. |
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Pillar of the Community
United States
1031 Posts |
I was 6 years shy of that happening. However, I have received wheat cents in change. A silver dime buying a pizza. And the best, a $1 sliver certificate in change while buying beer.
I hope that actual money never stops existing in my lifetime.
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Pillar of the Community
United States
1291 Posts |
The Daily Double!! Getting a silver certificate while buying beer! You are truly blessed!
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Pillar of the Community
United States
2602 Posts |
It is remarkable to me that with more and more people using plastic that we still have such high mintages on coins each year. I was predicting that over the last ten years that we would see a drop in mintage figures for cents, nickels, dimes and quarters. Yes there are more people than 10 years ago in the US, but younger generation seems to always use plastic. Me, I do a mixture still.
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Bedrock of the Community
United States
10982 Posts |
When I was a kid in the late 60s my Dad use to pull silver dimes and quarters from his pocket change regularly. He accumulated a large stash of silver coins that we sold for 3X face after he passed away! Common Wheat cent were not even bothered with at that time and I'm sure billions were still in circulation. The good old days! |
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Pillar of the Community
United States
588 Posts |
Does anyone remember how big companies bought silver coins from people.docsfishn I also got a silver certificate for change while buying coins, the seller gave it to me, and I puller it out and ran out of the store.Now I dont see so many silver coins, I got one silver quarter and my mom found one silver dime (1946). I wish I could feel silver coins and see wheats every time I got change.
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Pillar of the Community
United States
1801 Posts |
I was collecting coins starting in 1963 as a little kid so I saw lots of interesting things. I can remember being able to get silver dollars at the banks at Christmas time. In 5th and 6th grade (1965 and 1966)I had a sweet deal at my school where I got to go in the office at lunch and count and roll all the money taken in from the lunchroom. I pulled out all the Walking Liberty halves, Mercury dimes, Standing Liberty quarters, and all the oddball collectible coins. My dad would give me $$ in the morning to buy what I found. He saved all the silver he could get his hands on after 1965 and had me save all my money in the form of silver also. Still have 10 full Franklin books and 2 mercury books missing only the 16d and the 21's....all from circulation, along with rolls of silver coins. As for wheaties, I have jars full sorted by teens, twenties, thirties, forties and "s mints", all from dumping all my pennies everyday when I was a kid into a 5 gallon sparklets water bottle. My original thought with the pennies was to save for a car but they never got used for that. It was fun when "real money" was in circulation. |
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Pillar of the Community
United States
5609 Posts |
WEERDSTEEV, on that thought, just imagine what people in the 1800's and early 1900's said about their coinage, do you think they were any different than us??
ps, like most things they change, no pun intended, however I wish I did not have to wish for the older coins to be here again!BE WELL...
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Pillar of the Community
United States
1291 Posts |
Yeah... I completely forgot about silver dollars (the mind ain't what it used to be)! I used to save up all my non-collectible coins and when I'd get to $2.00 worth I would give them to my mom and she'd go to the bank and bring me a silver dollar and a paper dollar. I hate to say it, but I would eventually end up spending both.
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Pillar of the Community
United States
1291 Posts |
Morgans_dad: Weren't kids too busy back then trying to escape from Indians and dinosaurs to collect coins?  Seriously though, they may have had similar thoughts. I guess I've always assumed that the percentage of collectors, compared to the overall population, was less back then. In other words, they had less discretionary income and less free time than succeeding generations. Therefore, they probably didn't have the luxury of saving coins for collector purposes and, as a result, there weren't many making the same judgement as me. I'm probably all wet in this little theory, but that's sort of how I've always thought of it. Edited by weerdsteev
12/03/2008 8:40 pm
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Bedrock of the Community
United States
14454 Posts |
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I was predicting that over the last ten years that we would see a drop in mintage figures for cents, nickels, dimes and quarters Not only are there more people, there are allot more coin collectors than there were back just 15 years ago. You can tell there are more collectors now because every time the weather changes the mint has some sort of commemorative for it and slaps it in some fancy packaging and charges triple what its worth and they always seem to sell some of them to the collector. The internet has allot to do with the increase in coin collectors also, before either you had to drive to the mint, or be on a mailing list to get proof coins directly from the mint, now its just a few clicks away and you can get them directly from the mint from anywhere in American Samoa, Guam, Marianas Islands, Puerto Rico, and the United States Virgin Islands without ever leaving your house |
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Replies: 26 / Views: 2,489 |
Posted 12/03/2008 5:38 pm
