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Police after woman who spends old coins
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<p>[QUOTE="Troodon, post: 452945, member: 4626"]My guess is she just had a bunch of old coins stored away somewhere and just decided to spend them because she doesn't know, or care, what they might be worth. Informal coin collections being liquidated at face value is probably the biggest reason why old coins end up in circulation long past their minting (same with paper money, for that matter).</p><p><br /></p><p>A lot of Indian cents are pretty common... but even the most common should be worth more than a penny. A 1964 half dollar has about $2 worth of silver in it (rough estimate... may be more if silver's on its way up)... someone should tell this lady if she takes her stuff to a coin store she can get more than face value for them, and be able to buy more cigarettes with the proceeds than she'll get just spending them at face value!</p><p><br /></p><p>I wish I worked at that convenience store...[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 452945, member: 4626"]My guess is she just had a bunch of old coins stored away somewhere and just decided to spend them because she doesn't know, or care, what they might be worth. Informal coin collections being liquidated at face value is probably the biggest reason why old coins end up in circulation long past their minting (same with paper money, for that matter). A lot of Indian cents are pretty common... but even the most common should be worth more than a penny. A 1964 half dollar has about $2 worth of silver in it (rough estimate... may be more if silver's on its way up)... someone should tell this lady if she takes her stuff to a coin store she can get more than face value for them, and be able to buy more cigarettes with the proceeds than she'll get just spending them at face value! I wish I worked at that convenience store...[/QUOTE]
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