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When Were Currently Uncommon Coins Commonly Circulated?
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<p>[QUOTE="steve63, post: 2581200, member: 76463"]I think I read somewhere that it takes about 20-30 years of continuous circulation to wear a coin down to poor condition. So any coin more than 30 years old that has a higher grade than that must have stopped circulating for some span of time. The problem here is that it's very hard to define "stopped circulating". For years I put all my change into a coin drawer and there times when a few months or even years went by before I rolled and desposited them. Especially for the smaller change like pennies and nickels I think that is very common. So many coins go back and forth from "the wild state" to "not actively circulating" many times over. So it's really hard to define "being in the wild". However when it comes to coins like buffaloes that probably get pulled out of circulation quickly once they pass through the hands of a collector, it's probably safe to say they have been "out of the wild" for the majority of their lifetime.[/QUOTE]</p><p><br /></p>
[QUOTE="steve63, post: 2581200, member: 76463"]I think I read somewhere that it takes about 20-30 years of continuous circulation to wear a coin down to poor condition. So any coin more than 30 years old that has a higher grade than that must have stopped circulating for some span of time. The problem here is that it's very hard to define "stopped circulating". For years I put all my change into a coin drawer and there times when a few months or even years went by before I rolled and desposited them. Especially for the smaller change like pennies and nickels I think that is very common. So many coins go back and forth from "the wild state" to "not actively circulating" many times over. So it's really hard to define "being in the wild". However when it comes to coins like buffaloes that probably get pulled out of circulation quickly once they pass through the hands of a collector, it's probably safe to say they have been "out of the wild" for the majority of their lifetime.[/QUOTE]
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