Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
State of the Hobby
>
Reply to Thread
Message:
<p>[QUOTE="Conder101, post: 2364161, member: 66"]At which point those of use who just love the coins for themselves will be very happy after the prices crash.</p><p><br /></p><p><br /></p><p>What baseball said. Our money has lost so much of it's value that the coins aren't worth enough to bother carrying them. The quarter, the "workhorse" coin, has the purchasing power that two cents did back when I was a kid. They really don't buy much of anything anymore unless you have a large quantity of them and no one want to carry all that weight when they could just carry a few notes. So the coins pretty much make a one way trip from the mint to the change jar. The larger coins come back out from time to time but the cents (which make up the bulk of the aual coinage) stay in the jars a LOT longer. </p><p><br /></p><p>But commerce has to continue so the mint has to keep making more coins to replace those disappearing into the change jars.</p><p><br /></p><p><br /></p><p>It will for awhile. Back when they discontinued the large cent it created a big increase in interest from people trying to put together a set before they all disappeared.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 2364161, member: 66"]At which point those of use who just love the coins for themselves will be very happy after the prices crash. What baseball said. Our money has lost so much of it's value that the coins aren't worth enough to bother carrying them. The quarter, the "workhorse" coin, has the purchasing power that two cents did back when I was a kid. They really don't buy much of anything anymore unless you have a large quantity of them and no one want to carry all that weight when they could just carry a few notes. So the coins pretty much make a one way trip from the mint to the change jar. The larger coins come back out from time to time but the cents (which make up the bulk of the aual coinage) stay in the jars a LOT longer. But commerce has to continue so the mint has to keep making more coins to replace those disappearing into the change jars. It will for awhile. Back when they discontinued the large cent it created a big increase in interest from people trying to put together a set before they all disappeared.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
State of the Hobby
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...