How many coins have been demonetized?

Discussion in 'US Coins Forum' started by Magman, Jan 24, 2009.

  1. Magman

    Magman U.S. Money Collector

    Only the Trade Dollar, right?

    or are there more?

    Thanks :)
     
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  3. Indianhead65

    Indianhead65 Well-Known Member

    I believe its the only U.S. coin to be permanently demonetized and was done so Feb. of 1887.
     
  4. pghpanthers2

    pghpanthers2 Resurgent Collector

    As far as I have ever heard, you are right, only the trade dollar.
     
  5. rzage

    rzage What Goes Around Comes Around .

    Pretty sure it's just the Trade dollar for US mint coins .
    rzage
     
  6. Magman

    Magman U.S. Money Collector

    alright, neat, thanks
     
  7. the_man12

    the_man12 Amateur Photographer

    Great! Now get out and spend those Morgans!
     
  8. Magman

    Magman U.S. Money Collector

  9. green18

    green18 Unknown member Sweet on Commemorative Coins

    How 'bout the '33 double eagle? That wasn't supposed to have happened. All gold was recalled....
     
  10. the_man12

    the_man12 Amateur Photographer

    1964 peace dollar?
     
  11. Magman

    Magman U.S. Money Collector

    but those are deemed illegal to own, completely separate category.

    These are legal to own, you just can't spend them.
     
  12. TheNoost

    TheNoost huldufolk

    Didn't some get re-monetized after getting demonetized?
     
  13. Hobo

    Hobo Squirrel Hater

    I think the Coin Act of 1965 (that ended the production of silver coinage) remonetized the Trade Dollar.
     
  14. cesariojpn

    cesariojpn Coin Hoarder

    As a side note, the Series 1900 $10,000 Gold Certificate only exists as canceled specimens.
     
  15. Conder101

    Conder101 Numismatist

    As another interesting side note, the half cent was never legal tender UNTIL the Coinage act of 1965. One hundred and eight years after it was discontinued.
     
  16. Thailand

    Thailand New Member

    Trade dollar.
     
  17. FreakyGarrettC

    FreakyGarrettC Wise young snail

    Learned something new.:)
     
  18. Indianhead65

    Indianhead65 Well-Known Member

    "In February 1887, legislation passed that opened the door for redemption of all non mutilated Trade Dollars. About eight million of them were turned in. Trade Dollars never regained their status as legal tender, and to this day remains the only U.S. coin to be permanently demonetized."

    Source: http://www.us-coin-values-advisor.com/US-Trade-Dollars.html
     
  19. elaine 1970

    elaine 1970 material girl

    they should hire employees with a knowledge of coin collecting. so that at least they can count it accurately. or else they just said. who cares....
     
  20. GDJMSP

    GDJMSP Numismatist Moderator

    Yeah, but they are wrong, which is another example of what I was talking about th eother day - bad or incoorect info found on the net. The coins were re-monetized by the Coin Act of 1965 which made all coins ever issued by the US Govt. legal tender. There were no exceptions.
     
  21. troublesbrewin

    troublesbrewin remember rotary phones?

    The coins were re-monetized but your still SOL if your holding those Silver Certificates, except as collector items.

    Can you imagine the look on the cashiers face if you went to spend a silver Three Cent or a twenty cent coin. They'd look at you like you had three heads, then they'd tell you they couldn't accept those "foreign" coins.
     
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