Joined: 18 Dec 2015 Gender: Male Posts: 12,030 Location: New England
17 Dec 2019, 6:02 pm
fluffysaurus wrote:
^We're always changing ours. Your guv is missing a trick to making money, there's always some left over at the time of conversion and leaving money obsolete is just cash handed to the guv.
Joined: 19 Dec 2017 Age: 35 Gender: Female Posts: 5,793
17 Dec 2019, 6:05 pm
I had a coin collection that got lost or thrown out by my dad when we moved.
My mom gave her coins collection album and stamp collection album (both put together extremely professionally by her) from her childhood to my cousin instead of me.
Even though I was interested.
_________________ Take defeat as an urge to greater effort. -Napoleon Hill
Joined: 24 Sep 2013 Gender: Male Posts: 27,828 Location: Twin Peaks
18 Dec 2019, 6:12 am
Darmok wrote:
kraftiekortie wrote:
We had Buffalo nickels as regular legal tender for long after the last Buffalo nickel was struck in 1938.
Although it's been years since I've seen a Buffalo nickel in circulation, as a technical point they are still "legal tender" -- in fact, the US has never demonetized any* of its coins or currency, unlike many other countries. (When a coin or bill is officially demonetized, it is no longer accepted for payment; it becomes worthless.)
So if you've got an 1849 double eagle in your pocket, you can still spend it for $20, even though its melt value would be well over $1000 and its numismatic value far higher still.
*I believe there was one silver dollar type that was demonetized for a time and then remonetized later.
A local radio show I listen to was giving out its Knucklehead of the Year award. One of the two finalists was a guy who broke into is boss's office and stole his $30, 000+ coin collection to get about $29 for it from one of those Coinstar machines that converts change into paper money.
This crime was committed by Florida Man of course.