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Spending Old Coins

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lincolncollector's Avatar
United States
373 Posts
 Posted 07/14/2009  6:26 pm Show Profile   Bookmark this topic Add lincolncollector to your friends list Get a Link to this Message Number of Subscribers
Has anyone tried to spend an old coin? I mean a coin that isn't worth much more than the face value, just to see what kind of look you get from the cashier.

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yotie's Avatar
United States
3077 Posts
 Posted 07/14/2009  8:09 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
dont think I could do that ever pay at a drive thru w/ Ikes JFK halves and SBAs

the poor girls head about popped off
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United States
619 Posts
 Posted 07/14/2009  8:32 pm  Show Profile   Bookmark this reply Add deadmunny to your friends list Get a Link to this Reply
Its fun. I've been spending hundreds of JFK's and started with the Ikes. Sometimes they call the manager. I try to convince them to save them for the kids so they don't end up back in some bank vault. There are some McD/Subway cashiers that look forward to my coins now and have even bought extras. The barber is getting his fair share too.

I would encourage all half hunters to retain a few "dump rolls" and to spend JKF's and get them circulating.
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lincolncollector's Avatar
United States
373 Posts
 Posted 07/14/2009  9:14 pm  Show Profile   Bookmark this reply Add lincolncollector to your friends list Get a Link to this Reply
I was thinking about coins from the 1800's or early 1900's.
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johnny54321's Avatar
United States
4849 Posts
 Posted 07/14/2009  9:25 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
Actually, I have just for fun. I purposely spent some nodate Buffalo nickels and wheat cents before. Just to see the look on there faces, and hopefully they will pass on into a child's hand eventually and get them into coin collecting. Unfortunately, the cashier didn't even give them a second look. :-(
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yotie's Avatar
United States
3077 Posts
 Posted 07/14/2009  9:27 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
i wouldnt spend anything that old unless it was given to me and then I wouldnt spend because then it becomes a keepsake
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jfransch's Avatar
United States
1801 Posts
 Posted 07/14/2009  9:29 pm  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
I work at a bank so I get Ike dollars, SBA dollars and 2 dollar bills and have a great time spending them at fast food restaurants. I had a wonderful day when the Saq dollars came out...tried to pay with those, no luck, so I pulled out a few Ikes, no luck and then said "oh well" and pulled out the 2 dollar bils. The clerk called the manager and he finally accepted the bills.
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yotie's Avatar
United States
3077 Posts
 Posted 07/14/2009  9:34 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
now thats loaded for bear
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Napoleon31ft's Avatar
United States
528 Posts
 Posted 07/14/2009  9:43 pm  Show Profile   Bookmark this reply Add Napoleon31ft to your friends list Get a Link to this Reply
I spend $5 silver certs. all the time. They are great because people notice the color change. I spent one and ended up talking to the girl for a couple mins. about coins and where I work (coin store) and she ended up coming it and spending $60 on some coin silver.
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lincolncollector's Avatar
United States
373 Posts
 Posted 07/14/2009  9:51 pm  Show Profile   Bookmark this reply Add lincolncollector to your friends list Get a Link to this Reply
So, obviously no matter how old the coin is, it can still be used today. But, how about spending Half Cents, and 2-cent pieces? Of course you would have to have a lot of Half Cents to buy anything in today's world.
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yotie's Avatar
United States
3077 Posts
 Posted 07/14/2009  9:56 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
actually I dont know what the term is but I belive they were removed from cirulation and no longer legal but.... I may be totally wrong

so what you are saying is to pay a bill that was 1.28 you would use an Ike dollar,20 cent peice a Liberty nickel and a 3 cent nickel
would that be legal tender?
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DNA's Avatar
United States
2734 Posts
 Posted 07/14/2009  10:26 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
Last February 12th, I spent common-date 40's/50's Lincoln Wheat Cents in all of my transactions that day, in honor of the 200th anniversary of Lincoln's birth! I took a day off from work, and I ordered my 2009 Lincoln Commemorative Silver Dollars from the Mint's website before I left home.

I had a plastic coin tube with 50 Wheaties in my pocket, and I spent 43 of them. (not more than four at a time, as I was making exact change). The cashiers did not seem to 'notice' them, at least in my presence.
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yotie's Avatar
United States
3077 Posts
 Posted 07/14/2009  10:32 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
i think I may have found a couple of those
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lincolncollector's Avatar
United States
373 Posts
 Posted 07/14/2009  10:46 pm  Show Profile   Bookmark this reply Add lincolncollector to your friends list Get a Link to this Reply
OK, so are coins from the 1800's still legal tender today?
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ratman4762's Avatar
United States
2520 Posts
 Posted 07/14/2009  10:59 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply

Quote:
OK, so are coins from the 1800's still legal tender today?
They are where I live! in fact I have a small portrait of George Washington I'll sell you for 20 Half Cents, 15 large cents, 5 Two Cent Pieces, 10 Three Cent Silvers, a Bust dime & quarter! Would you like to purchase my portrait of Lincoln also?
Edited by ratman4762
07/14/2009 11:02 pm
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wd1040's Avatar
United States
3098 Posts
 Posted 07/14/2009  11:04 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
Yup, all US made coins are legal tender, and all banknotes printed after 1853, 57, 63 or 67 (can't remember...) are still legal tender.
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