Dropping a few rarities into circulation........

coinsomniac · September 16, 2007 6:32AM

A nice thread was on the forum yesterday from a member who found a 1909 VDB Cent in change. Though the coin was worth perhaps $5, it was a great and unusual find, worthy of the attention received. I have often thought of "spending" moderate priced rarities to get them back into circulation. Some would be picked up by a sharp eyed clerk, others by a young collector and I am sure a few would be plucked by the nice folks at Coinstar.

Is this a good idea, or would it somehow tarnish the legitimacy of the find? Of course the discoverers of these coins would never know the intent. What do you think.

pharmer · September 16, 2007 6:35AM

That's quite generous of you. I think should definitely do it.

Cgb · September 16, 2007 6:40AM

Go for it!

It would get people to look at their change.

coinsomniac · September 16, 2007 6:46AM

Thanks for the support guys, I will start with a few this week.

thezookrew · September 16, 2007 6:49AM

I have thrown some buffalos, wheats and low grade silver coins back into circulation. I think it is excellent for those that roll search and just look through change in general. Now I wouldn't throw an uncirced uncommon or rare coin into the mix, as I don't feel that would benefit the hobby.

Perry

GoldenEyeNumismatics · September 16, 2007 7:29AM

I'd be happy if yuo decided to cash in some gold coins at face value at my bank.

ddink · September 16, 2007 8:01AM

99.9999% would never be found. Think of it: a few rarities in 100+ billion coins!

mrearlygold · September 16, 2007 8:07AM

Good of you coinsomniac

Maybe we could take up a collection ( coins or donations ), and drop neat coins into circulation from several different parts of the country and give a reward of some kind to whoever finds those coins in circulation.

They don't have to be expensive coins. Just neat older ones that do not circulate anymore.

Maybe Numis News and Coin World would do a press release about it. I would certainly add the press release to the coin articles section of my website which gets visited quite a bit and even add it to my weekly mailer which goes to thousands of people.

UtahCoin · September 16, 2007 8:11AM

Since I'm the one that found the 09 VDB....

Great idea. I have a few rolls of Wheat cents that I could start with (common dates from the 20's & 30's), a few dateless Buff's can go too.

What the heck, I'll even go spend the 09 VDB!

DJCoinz · September 16, 2007 8:13AM

<< <i>Thanks for the support guys, I will start with a few this week. >>

Where do you live?

mrearlygold · September 16, 2007 8:13AM

<< <i>Since I'm the one that found the 09 VDB....

Great idea. I have a few rolls of Wheat cents that I could start with (common dates from the 20's & 30's), a few dateless Buff's can go too.

What the heck, I'll even go spend the 09 VDB! >>

Count me in as well. I need to go and look in the toy box for what can be spent.

Who wants to write the press release?

Too premature for that?

Sitmore · September 16, 2007 8:31AM

I'm in too!!!

I'll put two rolls of Wheaties into circurlation in various stores on monday morning

Location: Dublin, Ohio

coinsomniac · September 16, 2007 8:35AM

I am going to start with a roll of circulated Mercs. One or two a day. Trust me, they will be searched first.

Great to hear that some of you folks are going to do the same.

BTW, I am in Tucson.

mrearlygold · September 16, 2007 8:55AM

SW Fla ( Ft Myers to Sarasota ) with regular trips to Ft Lauderdale and Lake Placid

UtahCoin · September 16, 2007 11:37AM

ttt

ozzyfan269 · September 16, 2007 11:41AM

Throw a GOLD COIN into the Salvation Army kettle on Christmas!

It is a Christmas tradition here in Chicago!

Barbercoin · September 16, 2007 12:20PM

What a great thought.

What a neat idea if more people did this. Imagine the look on a kid's face when they see a Buffalo or maybe a merc or two?

Thanks

lordmarcovan · September 16, 2007 3:00PM

I have no interest in "giving away" rarer coins to the general public. If I'm unable to see the excitement they cause, then where's the fun?

But I don't mind putting a few Wheaties or a crappy IHC or silver dime back into change.

I do like giving a cool old coin as a tip periodically- then you can gauge the person's reaction. But I make sure to include a sufficient amount of real, "spendable" money, too. If, for example, you figured you owed about a ten- or fifteen-dollar tip to a waiter and you left a single circulated Peace dollar worth about that much on the table, for example, they might consider you a cheapskate.

Not everybody "gets it". It's fun to watch those who do, though.

ILikeMercs · September 16, 2007 3:13PM

<< <i>Thanks for the support guys, I will start with a few this week. >>

spend one at Pollo Loco on Ina.

GrimReaper · September 16, 2007 3:17PM

I constantly drop common Wheats and common Buffs (no date-full date) into circulation . One day I even took a couple rolls of Buffs and handed out to the kids (K-2ND) going into school where my daughter attends , and the smiles that those coins created were PRICELESS !!

Dropping a few rarities into circulation........

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