do you remember
MacCoin
Posts: 2,544 ✭✭
who here remembers getting buffs, mercs, SLQs, and walking libertys in cirulated change. I can remember seeing all these coins in change back in the 50s but never a mogan or peace dollar. today we're luck to find a wheat ear in change
I hate it when you see my post before I can edit the spelling.
Always looking for nice type coins
my local dealer
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New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
maybe someone ought to start a thread of "found-in-change last year"!
K S
Barber coinage still circulated freely but was well worn. SLQs were mostly dateless. Liberty walking halfs were very common as frankies had only been out a short time. Silver dollars were readily available from banks and were mostly Morgans. There were many coin dealers and every department store sold stamps and coins. The large downtown department stores had at least one full time stamp and coin dealer with Marshall Fields having six or seven. Grading of coins was very subjective. BU was the top grade and in today's equivalent ranged from AU55 to MS70. Dealers routinely dipped BU silver coins and proofs as a "courtesy" after they were purchased. Grading in general was much more subjective than today and often coins had prices but not grades when displayed.
I can recall seven independent dealers in the downtown Chicago area in the mid 1950s. All except one sold both stamps and coins. John Ross who recently died was the largest of these. They were great gathering places for coin/stamp discussions and were very crowded during lunch hour. Coins were freely passed around and discussed and arguments were common and I think encouraged. Trade-ins were very common. Haggling over prices sometimes seemed to go on forever and was a major part of the fun of collecting. If the dealer knew you it was not uncommon to take a coin home on approval for a few days before paying for it. Payment plans were readily available.
Many great memories.
An occasional indian head cent or V-nickle might show up in change.
Barber coins were few and far between.
You could go to just about any bank and get all the silver dollars you wanted. The banks had them but didn't give them out in change unless you asked for them because nobody wanted them.
I did get an 1853 w/arrows quarter in change once.
Dealers had all the nice indian head cents you wanted for 3 cents apiece. No one was standing in line to buy them though. Sorta like the wheat lincolns today. (You young collectors take note of this)
Ray
And yea, coins as early as Barbers were in circulation up into my teens. (Only found one Indian cent though)
Got quoins?
2 Cam-Slams!
1 Russ POTD!