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<p>[QUOTE=&quot;medoraman, post: 1310527, member: 26302&quot;]I am not that older but have been collecting since the 70s and read a lot of money circulation. These are my opinions, but would gladly be overruled by others:</p><p><br /></p><p>1. Halves dropped suddenly after Franklins. First the 64 Kennedy was almost all hoarded, then the silver disappearing from coinage made this transition fast. Halves from 1900 through 1963 were slowly being less important versus quarters, but the end was sudden.</p><p><br /></p><p>2. Most dollars did not circulate except out west. They were rare in commerce in the east. In the late 50&#039;s, early 60&#039;s the greatest usage of silver dollars was Reno and LAs Vegas slot machines.</p><p><br /></p><p>3. $2 bills were never big circulators really, and it seems cash registers were greatly responsible. They only have so many slots for bills, so the first one to lose its slot was the $2.</p><p><br /></p><p>4. They were recalled in the 70&#039;s actually. Even in the 80&#039;s in IA at least if you wanted any just get to know some bank cashiers and they would hold them for you, (technically I don&#039;t think they were supposed to, but they did). My uncle always had about $2000 in currency in his wallet in $500 or $1000 bills. I remember even in the early 90&#039;s the price for a nice $500 was only $550, and a nice $1000 was about $1100.</p><p><br /></p><p>5. I think inflation has caused the $20 to be the default. $100&#039;s won&#039;t get changed, plus the fact currency really is only used today to buy big mac meals mainly. Most large purchases are done electronically today. 30 years ago $5 and $10 were more numerous it seemed.</p><p><br /></p><p>6. In the 70&#039;s at least US notes were pretty common. I received in change pretty often US notes. You would look at them since they looked different, but spent them. National Bank notes were rare, I only got a few in change, and still have one since I liked the name of the bank. Even into the 80&#039;s you would occasionally get a US note. Silver certificates were about the same. After they stopped redeeming them they simply became like FRN&#039;s.</p><p><br /></p><p>Like I said, I am not that old but have those experiences and/or know from reading. Hope that helped a little.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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