Posted on 09/19/2023 4:18:23 PM PDT by nickcarraway
> The $2 bill never took off. Still around though. <
Here’s an article about a guy who was arrested (not just questioned) for paying with legitimate $2 bills. The idiot store employee and the idiot cop had never seen an $2 bill, so they both assumed the bills were counterfeit.
So, I’m in shock. I haven’t hunted coin rolls for quite a while. Last two boxes of halves yielded nothing, zero, and that was over 10 years ago. Halves aren’t really in general circulation any more. I’ll usually ask the teller when I’m at the bank if she has any halves and usually she has 1 or 2 and I don’t even bother. Today I went to the bank and when I was done with my regular business I asked the teller if she had any halves. She had 8 rolls, hand rolled. I got four of them. Took them home, kind of forgot about them for a few hours. I go look at them and holy crap, out come Benjys, always a great sign. And a 37-S in stunning condition. From 4 rolls I got 11 qty 90% and 21 40%. Uhh, yeah, you bet I went back for the other 4 rolls. Out of 8 rolls I got 26 qty 90% and 41 40%’ers. You could go through 10 x $500 boxes and not get that many.
Investment: $80.
Value of coins
26 @ 17x face for 90% = $221
41 @ 6.5x face for 40% = $133.
A good day!
Looks like Bill Clinton with a crown on.
How about the counterfitter who made some $18 bills.
VERY good printing but . . .
Oops said his partners, but let’s go down south to cash them.
So they walked into a little store, and asked for change.
“OK, do you want two 9’s or three 6’s”
People learn from taking risks and making mistakes, and the mistakes are more interesting than the old reliables.
But it was a serious misstep for the transit system give out Sacajawea coins as change when nobody knew what they were, and you had to explain to cashiers every time you used them.
“I thought it would be a good idea to have some roles of Sacajewea coins stashed in the truck for emergencies. I should have put them in strong plastic bags. They had gotten damp over the years and corroded, stuck together and covered in green gunk. I tried to clean them up to no avail.”
How ingenious of the government to create a high value coin out of a metal that would corrode. Meanwhile, roman gold and silver coins buried for 500-1500 years can look like new.
Now which Kroner coin had the hole in it?
The Susan B Anthony and Sacajawea dollars never caught on because they were foisted on the public for wokeness same. If Congress wants dollar coins to be used by the public, it should authorize the Ronald Reagan dollar.
What’s wrong with George Washington? Keep him as the only one on any coin.
Over the years I think I’ve come out about even with SBA dollars. Sometimes I get them in change instead of quarters, and sometimes I inadvertently spend them as quarters. I haven’t seen one in quite a while.
The dollar is so dimly regarded as an amount of money, I don’t think a $1 US coin of any type would be successful. I just don’t think people want to haul around so much metal for a measly dollar, regardless of the design.
However, I believe a $5 coin could gain some traction. It couldn’t really contain any silver at that face value. A 40% Ike dollar (the ones not intended for circulation, they were sold in presentation packages) is about $7.50 in silver.
I favor a radical redesign:
Ten cents
Twenty-five cents
Fifty Cents
One Dollar
Two Dollars
Five Dollars
Sacagawea……
We’re currently in El Salvador, which uses US currency. One big thing we didn’t expect is the wide use of US dollar coins. Mostly Presidential series and SBAs. Our first reaction was WTH is this when given to us as change.
Also, and I don’t know how prevalent this is, I haven’t seen a single coin smaller than a quarter.
Don’t forget that six pack of Billy Beer in the back of my fridge.
The cupro-nickel version might be a little harder, but with modern machinery handling coins, they get chewed up pretty quickly, regardless.
You got a Kroner comprehension problem?
At the Texas Roadhouse outside the main gate at Iwakuni, Japan, a Kennedy half dollar was worth 3600 yen in 1965. That was $10 back then.
The Great Recession got people spending stashed coins. Lots of SBAs and half dollars were returned to circulation.
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