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Older Collectors (Aged 50+ only) Question: What coins circulated when you were young?
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<p>[QUOTE="cladking, post: 147773, member: 68"]I started collecting in '57 and started watching my change (well... my dad's change) a little earlier. At that time Lincolns were heavily circulated and appeared about in proportion to their mintage except that the better dates were long gone. There were lots of buffalos but most of the early dates were unreadable and even the later dates were tough to find nice. XF's weren't too tough but AU's weren't seen. There were lots of war nickels and many didn't like them because they were dark and appeared dirty. Jeffersons ruled in change. In dimes it was the mercs. The Roosy was still new and I even heard the rumor about JS standing for Joseph Stalin. Quarters were interesting but there weren't many pre '25 dates that were readable. The Washingtons were findable in high grade right back to 1932 though most were starting to really show some age. You could find just about any half dollar except the '21's and the '38-D. The '53 was a little tougher. In this area you saw an occassional Columbian half but I understand that was almost unique to the Chicago area. Dollars weren't around yet. Oh, you could get them if you asked around but it was 1959/ 1960 before the treasury started pushing these out. Then there were mamouth releases in '63. There was very little obsolete type of any sort. </p><p><br /></p><p>It was very exciting when the Lincoln was modified in 1959. Many people started collections of these right from the beginning but most quit in 1965 when silver was removed from the coinage. It was about '65 that the last of the dated buffalos disappeared. By 1968 the FED began withdrawing silver from circulation and they quit in early '69 because there were so few left that it didn't pay to sort them. All the silver was pretty much gone by 1970. About 1969 people even started pulling the wheat cents from circulation. These lasted until the mid-'70's when the number flowing into circulation and the number flowing out hit a sort of steady state. The bicentennial was released in mid-'76 to some small fanfare. These were a huge hit with the general public who immediately took to hording them. Only now in the last three years have they started coming back into circulation. In those days the half and dollar still enjoyed some limited circulation. Most all the bicentennial coins not being horded got spent but only about once per year on average. This circulation was basically dead by 1980 though the SBA and half lingered a couple more years. After this there was no real circulation of these coins except on a local basis in transit systems or casinos. This meant most of the coins were never used and simply sat in storage.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 147773, member: 68"]I started collecting in '57 and started watching my change (well... my dad's change) a little earlier. At that time Lincolns were heavily circulated and appeared about in proportion to their mintage except that the better dates were long gone. There were lots of buffalos but most of the early dates were unreadable and even the later dates were tough to find nice. XF's weren't too tough but AU's weren't seen. There were lots of war nickels and many didn't like them because they were dark and appeared dirty. Jeffersons ruled in change. In dimes it was the mercs. The Roosy was still new and I even heard the rumor about JS standing for Joseph Stalin. Quarters were interesting but there weren't many pre '25 dates that were readable. The Washingtons were findable in high grade right back to 1932 though most were starting to really show some age. You could find just about any half dollar except the '21's and the '38-D. The '53 was a little tougher. In this area you saw an occassional Columbian half but I understand that was almost unique to the Chicago area. Dollars weren't around yet. Oh, you could get them if you asked around but it was 1959/ 1960 before the treasury started pushing these out. Then there were mamouth releases in '63. There was very little obsolete type of any sort. It was very exciting when the Lincoln was modified in 1959. Many people started collections of these right from the beginning but most quit in 1965 when silver was removed from the coinage. It was about '65 that the last of the dated buffalos disappeared. By 1968 the FED began withdrawing silver from circulation and they quit in early '69 because there were so few left that it didn't pay to sort them. All the silver was pretty much gone by 1970. About 1969 people even started pulling the wheat cents from circulation. These lasted until the mid-'70's when the number flowing into circulation and the number flowing out hit a sort of steady state. The bicentennial was released in mid-'76 to some small fanfare. These were a huge hit with the general public who immediately took to hording them. Only now in the last three years have they started coming back into circulation. In those days the half and dollar still enjoyed some limited circulation. Most all the bicentennial coins not being horded got spent but only about once per year on average. This circulation was basically dead by 1980 though the SBA and half lingered a couple more years. After this there was no real circulation of these coins except on a local basis in transit systems or casinos. This meant most of the coins were never used and simply sat in storage.[/QUOTE]
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Older Collectors (Aged 50+ only) Question: What coins circulated when you were young?
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