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Originally Posted by Art I really like the well worn coins. I don't think that our average coin sees that type of circulation any longer. |
I wonder if they stayed in circulation longer because the metal was actually worth something (I guess Dougs posting about India would contridict that thought) so the banks were not as compelled to send them back to the fed. Unfortunately, with the modern age we have better systems in place to pull old coins and bills out of circulation to be replace with new money.
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Originally Posted by Art I think that there are so many being produced that they spend a great deal of their "lives" sitting in bank vaults and not in use. |
Look at the Sacs made today - how long with those sit in vaults before they are melted down to make new coins? Our tax dollars at work...