Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Coin Description
>
Reply to Thread
Message:
<p>[QUOTE="davidh, post: 421041, member: 15062"]Rather than get into a philosophical and logical discussion about why I think you're wrong, let me set this scenario.</p><p><br /></p><ol> <li>The mint makes pennies</li> <li>The pennies are bagged up and sent to a Federal Reserve Bank</li> <li>The FRB counts and rolls the pennies</li> <li>The rolls are sent to your local bank</li> <li>A local restaurant goes to the bank and obtains coins, including several penny rolls</li> <li>The restaurant breaks open a roll and puts the pennies into the register</li> <li>You visit the restaurant for a meal and, upon paying cash, receive three of the pennies in change</li> <li>You put the pennies in your pocket with your other coins</li> <li>You later visit a grocery store and use the pennies to pay for your purchase</li> <li>The pennies go into the grocery's register and are later handed out as change to another customer</li> <li>That customer gives the pennies to her child who, on their next visit to the local mall throws the pennies into the decorative fountain.</li> <li>The mall cleans the coins out of the fountain and deposits them in a local coinstar machine</li> <li>Coinstar coints and wraps the coins and deposits them in a local bank<br /> <br /> and on and on...</li> </ol><p><br /></p><p><br /></p><p>Question - at what point in the above scenario does the coin go from being Uncirculated to Circulated?[/QUOTE]</p><p><br /></p>
[QUOTE="davidh, post: 421041, member: 15062"]Rather than get into a philosophical and logical discussion about why I think you're wrong, let me set this scenario. [LIST=1] [*]The mint makes pennies [*]The pennies are bagged up and sent to a Federal Reserve Bank [*]The FRB counts and rolls the pennies [*]The rolls are sent to your local bank [*]A local restaurant goes to the bank and obtains coins, including several penny rolls [*]The restaurant breaks open a roll and puts the pennies into the register [*]You visit the restaurant for a meal and, upon paying cash, receive three of the pennies in change [*]You put the pennies in your pocket with your other coins [*]You later visit a grocery store and use the pennies to pay for your purchase [*]The pennies go into the grocery's register and are later handed out as change to another customer [*]That customer gives the pennies to her child who, on their next visit to the local mall throws the pennies into the decorative fountain. [*]The mall cleans the coins out of the fountain and deposits them in a local coinstar machine [*]Coinstar coints and wraps the coins and deposits them in a local bank and on and on... [/LIST] Question - at what point in the above scenario does the coin go from being Uncirculated to Circulated?[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Coin Description
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...