CoinTalk

Welcome to Coin Talk! Register Now, it's easy and FREE!

Thousands of coin collectors, numismatists, coin dealers, bullion investors, and enthusiasts make Coin Talk their number one source for numismatic news, information about US and world coins, discussions and community.

You are currently viewing Coin Talk as a guest, which limits your access to content, contests and information. By joining our free community, you will be able to join in discussions, contact other members, place free advertisements, enter contests, and much more. Registration is easy and free. Register Now


Go Back   CoinTalk > Coin Forums > US Coins Forum

Notices

US Coins Forum This forum dedicated to the discussion of United States Coins.

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
Old 07-01-2007, 08:07 AM   #1 (permalink)
Art
Numismatist?
 
Art's Avatar
 
Join Date: Jan 2004
Location: Florida
Posts: 901
My Mood:
I really like the well worn coins. I don't think that our average coin sees that type of circulation any longer. 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.
Art is offline   Reply With Quote
Old 07-01-2007, 10:59 AM   #2 (permalink)
Darryl - Numismatist
 
USS656's Avatar
 
Join Date: Oct 2006
Location: Steeler Nation
Posts: 4,168
My Mood:
Quote:
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.

Quote:
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...
USS656 is offline   Reply With Quote
Reply

Bookmarks
Would you like to support CoinTalk?

Coin Talk Code of Honor
1. Post unto others as you would have them post unto you.
2. Keep it clean, like a 1950s family television show.
3. If you don't like the coin, don't trash the person.

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


» Newsletter
Sign up for CoinTalk's Newsletter
enter your email address below.
» Unanswered Posts
Do You Have the Answer?
» Sponsors

» Today's Top Posters
Top Posters in Last 1 Days
[38]
[25]
[25]
[21]
[19]
[17]
[12]
[12]
[12]
[11]

All times are GMT -4. The time now is 05:35 AM.


vBAdvertise v1.0.0 Copyright ©2009, PixelFX Studios
vBCredits v1.4 Copyright ©2007 - 2008, PixelFX Studios
Copyright 2008 CoinTalk
"Wiki" powered by VaultWiki v2.5.0.
Copyright © 2008 - 2009, Cracked Egg Studios.