To destroy coins or not?

Discussion in 'Coin Chat' started by Billyray, May 16, 2010.

  1. Dollar1948

    Dollar1948 New Member

    Donate them to your local scout troup.
    Coin collecting is one of their merit badges, and Im sure some 'less advantaged' kid would appreciate them.
     
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  3. andrew289

    andrew289 Senior Analyst

    No brainer ...Destroy them.
     
  4. Conder101

    Conder101 Numismatist

    If you really don't want them donate them to a charity. You get a tax deduction, the charity gets money that they need, and when they dump them at the bank they go back into circulation for other budding collectors to find. A three way winner.
     
  5. ikandiggit

    ikandiggit Currency Error Collector

    I have a similar problem but it isn't with copper pennies it's with the zinc ones. I have about 2500 that I found while metal detecting over the last couple of years and they are deteriorated to the point that even a cleaning wouldn't make them passable. As soon as the coating gets punctured or damaged the zinc starts to rot the coin.

    I hate to through money in the garbage but I don't think there is an alternative.

    Any suggestions or should they just get tossed?
     
  6. Morgan Man

    Morgan Man Lurker

    you could always have a contest and give them away on coin talk :)
     
  7. Leviathan

    Leviathan Irish Amateur Numismatist

    Would your banks over there not take them? I'm nearly sure ours have to take them if offered.

    That said, I like the tax deductible charity idea.. very good!!
     
  8. silvermonger

    silvermonger Member

    Interesting post and similar to a dilemma I currently am faced with.
    I have all these $100 bills that are all dirty and some are actually frayed on the edges. Many have a horrible purple toning more like a stain. All are pretty new and definitely not collectable. Just ugly and in reject condition.
    Id hate to think of someone having to handle these old filthy things if i put them out into circulation. Or worse someone might (gasp) put them on ebay. I couldnt live with myself if that happened.
    Should I just shred them or burn them?
     
  9. Penny Fanatic

    Penny Fanatic Seated Half Collector

    Roll them and cash them, or give em to me:). But really i roll or take all the mangled coins the coin machine wont take to the teller, they look at em closely, then cash em, but I'm just a penny pincher... one less penny to a new coin:smile

    What I dont' understand is why people throw their money out, they could at least put it on the ground for penny pinchers to find.
     
  10. ikandiggit

    ikandiggit Currency Error Collector

    This is a sample of the rotted zinc ones:

    [​IMG]
     
  11. Penny Fanatic

    Penny Fanatic Seated Half Collector

    I've found a lot like that, and beleive it or not worse, sad to see but 100 of em still equal $1 and 1 still equals 1 cent
     
  12. cladking

    cladking Coin Collector

    The problem with zinc is they are toxic. It's probably best to take them in when they are collecting special waste or just bind them up carefully so they don't split open. The zinc will leach into the soil and water slowly in a landfill.
     
  13. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    Bada bing bada boom.
    All it takes is one coin for a kid to get curious and start learning, until boom, you have a brand new CoinTalk member :)
     
  14. Billyray

    Billyray Junior Member

    Ok, I forgot to mention that there's only 8 or 9 of them. Not worth the tax deduction and donating them would be like a slap in the face of the charity. I'll post a pic of then so yall can see what they look like
     
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    They could always be used as fillers !!
     
  16. Duncan

    Duncan Numismatist

    id love them only got a few wheats only 15 though
     
  17. LewR

    LewR Junior Member


    The new butterfly shaped coin chair sets in a new architectural style statement.It is made of hundreds of Half dollar coins and is hand-welded. It is made up of pure stainless steel. The contoured shape design secures a cradle for the body.

    Wow - when did they make SS half dollars?
     
  18. With the further info now revealed, I say spend them the next time your Starbucks coffee is $5.09. Of course, you will still need to tip. TC
     
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