Not Intended for Circulation Halves

Discussion in 'US Coins Forum' started by halfdfanboy, Jun 17, 2010.

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  1. CheetahCats

    CheetahCats Colonial & Early American

    These were in mixed rolls and do not appear to be proofs... does that make a difference?
     
    CheetahCats, Jun 18, 2010
    #21 + Quote Reply
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    No, they do not have to accept them at all. They can legally require payment in any form they choose; and they can deny acceptance of payment in any form they choose.

    Even the IRS has refused to accept payment for taxes in rolled coins.
     
    GDJMSP, Jun 18, 2010
    #22 + Quote Reply
  4. GDJMSP

    GDJMSP Numismatist Moderator

    No, collectors also buy rolls and bags of business strikes direct from the mint hoping to find some of high grade. They sort out the best, and spend the rest. That is how those get into circulation as well.
     
    GDJMSP, Jun 18, 2010
    #23 + Quote Reply
  5. CheetahCats

    CheetahCats Colonial & Early American

    Gotcha. Thanks.
     
    CheetahCats, Jun 18, 2010
    #24 + Quote Reply
  6. 19Lyds

    19Lyds Member of the United States of Confusion

    I spend my crap half dollars all the time. Especially those I order from the US Mint since, even though I paid a premium to look, it's cheaper to spend them than sell them once you add up all the fee's involved. I'd have to sell each one at .94 cent to break even or sell them at $1.36 to completely recover my cost. Given the quality of most of these coins, neither scenarion is likely to happen.
     
    19Lyds, Jun 18, 2010
    #25 + Quote Reply
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