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<p>[QUOTE=&quot;kaparthy, post: 1821974, member: 57463&quot;]You read stories (especially on coin boards) about clerks puzzled by Kennedy halves or Eisenhower dollars.&nbsp; When I was at<i> Coin World</i>, Bill Gibbs had a suggestion to send me and a photographer out to local stores with an array of old coins - half cents, large cents, 20 cent, 3 cent, as well as Classic Era and 19th century. He never got the budget for the project, but you can imagine how it would go.</p><p><br /></p><p>Also, not coins, but regarding US paper, is it not true that (1) the $100,000 was used only between banks and never circulated; and (2) Gold Notes were all demonetized in 1933.&nbsp; </p><p><br /></p><p>What about Fractional Currency?&nbsp; </p><p><br /></p><p>US Code 31 Section 5103 says that all United States coins and currency - including Federal Reserve Notes - are legal tender.</p><p><br /></p><p><font size="4"><b>§5103. Legal tender</b></font></p><p>United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tenderfor all debts, public charges, taxes, and dues. Foreign gold or silver coins are not legal tender for debts.</p><p>(The Library of Congress THOMAS online links to the <a href="http://uscode.house.gov/search/criteria.shtml" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://uscode.house.gov/search/criteria.shtml" rel="nofollow">House of Representatives presentation here.</a>)&nbsp; But I believe that this is incomplete. The only reference to &quot;fractional currency&quot;is under Counterfeiting.[/QUOTE]</p><p><br /></p>

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