Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Uncurrent coins
>
Reply to Thread
Message:
<p>[QUOTE="gatzdon, post: 227021, member: 8247"]According to the US Mint "Uncurrent coins are coins that are worn yet recognizable as to genuineness and denomination, and are machine countable. Uncurrent coins are redeemed by the Federal Reserve Banks, then forwarded to the Mint for disposition."</p><p><br /></p><p>Yet, I've gotten so much garbage when searching rolls. I've gotten plastic money, foreign coins that are no where near the size of the coins in rolls that they were found in, coins that are so worn that you can barely read the date, and just plain garbage (thread, paper, etc...).</p><p><br /></p><p>My question is two fold, </p><p><br /></p><p>1. Does the Fed Reserve actually pull out uncurrent coins and send them off for destruction? I'm doubting it since they actually admit to not being able to screen for counterfeit coins.</p><p><br /></p><p>2. As a roll searcher, is there a way for me to send back a bag of uncurrent coins and mark them as such so that they do get destroyed instead of just being reintroduced into circulation.</p><p><br /></p><p>I'm being selfish by doing so, but it would help out other roll searchers by eliminating junk coins from the pool of coins to search.[/QUOTE]</p><p><br /></p>
[QUOTE="gatzdon, post: 227021, member: 8247"]According to the US Mint "Uncurrent coins are coins that are worn yet recognizable as to genuineness and denomination, and are machine countable. Uncurrent coins are redeemed by the Federal Reserve Banks, then forwarded to the Mint for disposition." Yet, I've gotten so much garbage when searching rolls. I've gotten plastic money, foreign coins that are no where near the size of the coins in rolls that they were found in, coins that are so worn that you can barely read the date, and just plain garbage (thread, paper, etc...). My question is two fold, 1. Does the Fed Reserve actually pull out uncurrent coins and send them off for destruction? I'm doubting it since they actually admit to not being able to screen for counterfeit coins. 2. As a roll searcher, is there a way for me to send back a bag of uncurrent coins and mark them as such so that they do get destroyed instead of just being reintroduced into circulation. I'm being selfish by doing so, but it would help out other roll searchers by eliminating junk coins from the pool of coins to search.[/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
>
US Coins Forum
>
Uncurrent coins
>
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...