Young kids in for coins? Alot of work needed

bestday · May 10, 2016 5:17AM

As a lark Sunday .. I took out 3 Ike dollars and spent them at local grocery store ..the cashier turned to his supervisor to ask if the Ike dollars were real money ...I asked if she had ever seen an Ike dollar .. she said no .. neither did 2 other people waiting in line behind me ... Coin collecting industry needs more education to prosper

PRECIOUSMENTAL · May 10, 2016 6:18AM

I hate to think that it may be too late for that.

So many kids in a single parent broken 'home', no Father figure to teach them 'manly' things like how to repair their bicycle, how to get the lawn mower running, etc......

Very Sad.

IF, one could design an interesting video game based on coins and currency from present to past, that would help, doubt kids would be interested.

Topic depresses me, not the coin part, the state of our society, 'something for nothing' seems to be the way now, sorry to rant.

P.S. The young lady with the $2.00 bill, the lunch lady, police, all thought it was bogus and pretty much had her under arrest............

steveben · May 10, 2016 6:22AM

once, i used a kennedy half dollar at a drive through. not only had the cashier never seen one, she was unsure how much money a "half dollar" was because it wasn't described in "cents."

howards · May 10, 2016 6:27AM

More than once I have handed over a Kennedy half to be greeted with the question, "This is worth a dollar, right?"

No, I did not take advantage of their ignorance.

MorganMan94 · May 10, 2016 6:38AM

Occasionally when I see the teller has halves I will get a couple and she always looks so surprised. I never see them in the cashier draws and when I pay with them it almost always confuses the cashier, both young and old.

yosclimber · May 10, 2016 6:42AM

Ike dollar: 1971-78, probably never circulated much.
I never saw one in change, and I was using money in those days.
Cashiers tend to be a lot younger, and often with minimal training.
One might expect the wide variety of state quarters would cause cashiers to
simply look on an unfamiliar coin for the denomination and USA.
It's a fairly low skill job, though, so don't expect too much....

bestday · May 10, 2016 7:00AM

Originally posted by: yosclimber
Ike dollar: 1971-78, probably never circulated much.
I never saw one in change, and I was using money in those days.
Cashiers tend to be a lot younger, and often with minimal training.
One might expect the wide variety of state quarters would cause cashiers to
simply look on an unfamiliar coin for the denomination and USA.
It's a fairly low skill job, though, so don't expect too much....

Some Las Vegas Casinos used Ike dollars in 70s .. in early 90s.. while stranded in San Juan with East coast snow storm ..won a 120 Ike dollars in a casino.. saw some Ikes circulate in early '70s

FredWeinberg · May 10, 2016 7:03AM

I too spend $2 Bills, Presidential Dollars, State Quarters,

and Kennedy Halves up and down Ventura Blvd. here in

the SF Valley, and wherever I go in the U.S.

I've seen the evolution of spending Kennedy Half Dollars

over the past 15 Years. It's gone like this:

"Gee, I haven't seen one of those in a long time"

"What is this big coin"

"Who is that on it?"

Ablinky · May 10, 2016 7:08AM

I agree with the sentiments here that many people lack basic knowledge about coins they don't see every day and that education is in order. However, despite being a teenager in this hobby as well as being on the Board of Directors on multiple numismatic organizations. I see a more fundamental problem within the industry that everyone is only concerned about to make a quick buck and not about promoting the education and fellowship this hobby was founded on. Not that making money is wrong, as many people here on the boards use it as a sole profession, but a happy medium is necessary. Just my two cents.

joebb21 · May 10, 2016 7:21AM

I am giving a presentation on coins and the hobby in an elementary school in 3 weeks.

I give out lots of free coins to the each year to start them up on a collection.

JCLIGHTBRIGADE · May 10, 2016 8:04AM

I wonder how many dealers accept payments via smartphone?

CuKevin · May 10, 2016 8:15AM

Originally posted by: JCLIGHTBRIGADE
I wonder how many dealers accept payments via smartphone?

Probably close to zero since the fees would be painful to most dealers.

david3142 · May 10, 2016 8:49AM

Venmo doesn't charge anything. As long as the payment is documented the IRS should be ok with it too.

MorganMan94 · May 10, 2016 10:45AM

Looks like even some sellers don't know much about half dollars/dollars.

http://www.ebay.com/itm/1972-H...373:g:CMkAAOSw0QFXCu7N

Kaline6 · May 10, 2016 12:49PM

Originally posted by: howards
More than once I have handed over a Kennedy half to be greeted with the question, "This is worth a dollar, right?"

No, I did not take advantage of their ignorance.

I have had this happen too--Prez and Sac dollars don't seem to confuse many tellers, but the half does, and is very often mistaken for a dollar. Interesting.

ksuscott · May 10, 2016 1:06PM

Originally posted by: PRECIOUSMENTAL
I hate to think that it may be too late for that.
So many kids in a single parent broken 'home', no Father figure to teach them 'manly' things like how to repair their bicycle, how to get the lawn mower running, etc......
Very Sad.
IF, one could design an interesting video game based on coins and currency from present to past, that would help, doubt kids would be interested.
Topic depresses me, not the coin part, the state of our society, 'something for nothing' seems to be the way now, sorry to rant.
P.S. The young lady with the $2.00 bill, the lunch lady, police, all thought it was bogus and pretty much had her under arrest............

Many video games do center around collecting gold coins as part of the story, so I think there is hope. This may be something that leads them toward collecting physical gold coins or venture into numismatics.

Ablinky · May 10, 2016 1:09PM

Many video games do center around collecting gold coins as part of the story, so I think there is hope. This may be something that leads them toward collecting physical gold coins or venture into numismatics.

Although this sounds legitimate in theory, when I tell one of my friends a U.S. gold eagle is worth "X," they answer "that's crazy, who would waste their money like that."

CertifiedGoldCoins · May 11, 2016 12:49AM

It's time for those who love coins and the study of them to DO SOMETHING. You have kids, or your friends/family do. For small money, you can spark an interest in the hobby. A coin album or two, lens, some coin tubes, 2x2's, a Guidebook, and a bunch of cents, or nickels. You have the stuff, and can buy it cheaply. Now, go forth and create future young numismatists. I do.

Stamp collectors didn't promote their hobby, did they?

keyman64 · May 11, 2016 1:40AM

This thread is sad.

ricko · May 11, 2016 1:54AM

It is amazing the consternation generated when giving a Kennedy half in payment... and yes,

I have been asked.. "What is it?" Answer, "It is a Kennedy half dollar." Then.."But, what is it worth?"...When I answer "Fifty Cents."....One came back and said "In American money?". Another called the supervisor....

ricko · May 11, 2016 1:59AM

It is fun giving Kennedy halves as part of payment for goods. The younger cashiers seem to be totally oblivious .... First question.. "What is this?" I answer it is a Kennedy half dollar." Next question... "What is it worth?" Answer..."Fifty Cents."... Next... "In American money?" Answer..

"Yes...that is why it says 'United States of America." Then, "So these are new?" Noooo....

and on and on.... two have called the supervisor to be sure.... Cheers, RickO

SaorAlba · May 11, 2016 5:19AM

A few years ago I used to work the book fair at my youngest daughter's school. I salted the change box with Buffalo nickels, Kennedy Halves, Ike dollars and $2 bills. At one point a student started coming in and buying my $2 bills. A little while later at lunch he returned and bought $10 more worth of $2's. I didn't bother to ask why. Later that afternoon a teacher came by and said that a student was buying $2 bills from me and selling them to his friends for $5 each!

Young kids in for coins? Alot of work needed

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