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Silver Dollar Question
Just curious... For the most part, people today are more likely to keep a
Dollar coin as a souvenir rather than spend it on cigarettes. Has that always been the case? Can any of you guys that were around in the 40's and 50's remember if silver Dollars were commonly used by the public back then? Was there ever a time when it would be no surprise to get Peace Dollars in your change at the gas station? (Or gold coins even...before the 1930's of course). I was a kid in the early/mid 70's and I seem to remember Ike Dollars being used a little bit. Not super common, but it was no surprise if you got one in change. |
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#2
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"Banknote Addict" wrote in message ... Just curious... For the most part, people today are more likely to keep a Dollar coin as a souvenir rather than spend it on cigarettes. Has that always been the case? Can any of you guys that were around in the 40's and 50's remember if silver Dollars were commonly used by the public back then? Was there ever a time when it would be no surprise to get Peace Dollars in your change at the gas station? (Or gold coins even...before the 1930's of course). I was a kid in the early/mid 70's and I seem to remember Ike Dollars being used a little bit. Not super common, but it was no surprise if you got one in change. Growing up in northeast the 1940's and 50's, I never saw a silver dollar used in change. Banks had them, of course, at face value and although I collected coins I couldn't afford to get a bunch to look through like we do today with small change. They were mostly used as birthday and Christmas presents for kids. We all knew they were available, but half dollars were "big money" to a kid with a 25 cents allowance. My 90-year old mother-in-law says she doesn't recall seeing anyone actually spending gold coins before the 1930's, but then she didn't frequent that many western saloons. Bruce |
#3
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Bruce Remick wrote: "Banknote Addict" wrote in message ... Just curious... For the most part, people today are more likely to keep a Dollar coin as a souvenir rather than spend it on cigarettes. Has that always been the case? Can any of you guys that were around in the 40's and 50's remember if silver Dollars were commonly used by the public back then? Was there ever a time when it would be no surprise to get Peace Dollars in your change at the gas station? (Or gold coins even...before the 1930's of course). I was a kid in the early/mid 70's and I seem to remember Ike Dollars being used a little bit. Not super common, but it was no surprise if you got one in change. Growing up in northeast the 1940's and 50's, I never saw a silver dollar used in change. Banks had them, of course, at face value and although I collected coins I couldn't afford to get a bunch to look through like we do today with small change. They were mostly used as birthday and Christmas presents for kids. We all knew they were available, but half dollars were "big money" to a kid with a 25 cents allowance. My 90-year old mother-in-law says she doesn't recall seeing anyone actually spending gold coins before the 1930's, but then she didn't frequent that many western saloons. Bruce My dad was stationed at Camp Mercury Nevada in the 50's He said they got paid in silver dollars. They spent them a lot. They would hitchhike into Vegas when ever they had leave. It was easy for drivers to see them at night, they all glowed in the dark after marching out to ground zero after every nuke test. He saved a few and gave them to me. Roger |
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My Dad worked as a Bank teller when he was a teenager in the early 50s
back east, he said Silver Dollars were pretty common. He recalled moving quite a few as a teller. Charlie |
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On 10 Feb 2005 10:30:19 -0800, "chasd2" wrote:
My Dad worked as a Bank teller when he was a teenager in the early 50s back east, he said Silver Dollars were pretty common. He recalled moving quite a few as a teller. Charlie I grew up during the 50's and I never got a silver dollar in change. I was in tall cotton on days that I had a paper dollar and would get back a Franklin Half in change. I did have a few silver dollars that were given for birthdays and stuff like that and I would put them up until I got hard up and then I would spend them and no one ever reacted negatively when giving change for them. I knew an older couple that had a bunch of Whitman folders and they were always going to the bank and coming home with rolls of cents through dollars (again this was in the 50s) and I remember trying to pick kup the folder with about half the holes filled with silver dollars and thinking that it was one heavy piece of work. On the down side, when I dropped it, quite a few of the dollars rolled out of the folder. Of course, during this same time period a bottle of Coke was 5 cents, then later raised to 7 cents and then to a dime. Sales tax didn't kick in until you spent 11 cents and then you had to pay the extra cent. I could get 2 cents cash for each empty bottle I brought back and 3 cents in trade for candy and junk for each bottle. I'd save bottle, my Capitola Flour tokens that were good for 5 cents in change, and any coins I could find laying around and head to the "feed store" (sold feed for the cows, chickens and horses and also sold baby chickens that they dyed funny colors at Easter time, all this was less than 6 miles from downtown Atlanta). At that store you could get 2 home made cookies for a cent, wax lips and wax coke bottles with syrup was 3 cents each, those straws full of dry kool-aid were a cent each and other candy was 5 cents a bar. If you walked in with a dollar you walked out with a sack ful of stuff. I never saw a gold coin during my entire youth. Cliff |
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Banknote Addict wrote: Just curious... For the most part, people today are more likely to keep a Dollar coin as a souvenir rather than spend it on cigarettes. Has that always been the case? Can any of you guys that were around in the 40's and 50's remember if silver Dollars were commonly used by the public back then? Was there ever a time when it would be no surprise to get Peace Dollars in your change at the gas station? (Or gold coins even...before the 1930's of course). I was a kid in the early/mid 70's and I seem to remember Ike Dollars being used a little bit. Not super common, but it was no surprise if you got one in change. Coinage magazine published a story ten years ago that told how people that lived in the northeast never used silver dollars, but that in Montana *everybody* used cartwheels for daily purchases. Apparently silver dollars bouncing around in your pocket would eventually burst the seam out and you'd need grandmother to sew it up. I remember reading (in another article) that the reason why Barber coinage looks so worn out is because people did a lot of transactions that were for 50, 25 and ten cents. And finally, it seems that the US government melted down millions of coins around the turn of the century ( 1900's) so that silver could be coined in India. |
#7
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"Banknote Addict" wrote in message
... Just curious... For the most part, people today are more likely to keep a Dollar coin as a souvenir rather than spend it on cigarettes. Has that always been the case? Can any of you guys that were around in the 40's and 50's remember if silver Dollars were commonly used by the public back then? I was alive then, and occasionally came across a silver dollar, but it was always something someone specifically gave me; I don't believe I ever got one as change. I eventually spent them all, as they were worth only one dollar at the time, except for rare ones. I think that the 1881-O was the most common one. The golden dollars are a better idea for the present century, and I always have some in my pocket to spend, especially at fast-food drive-by windows. I don't recall ever having gotten one in change yet, though. They make nice tips, along with two-dollar bills. -- Steve |
#8
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"Banknote Addict" wrote in message ... Just curious... For the most part, people today are more likely to keep a Dollar coin as a souvenir rather than spend it on cigarettes. Has that always been the case? Can any of you guys that were around in the 40's and 50's remember if silver Dollars were commonly used by the public back then? Was there ever a time when it would be no surprise to get Peace Dollars in your change at the gas station? (Or gold coins even...before the 1930's of course). I was a kid in the early/mid 70's and I seem to remember Ike Dollars being used a little bit. Not super common, but it was no surprise if you got one in change. Peace and Morgans were used commonly in change in parts of the US west as late as the early 60s. I was about eleven in 1960, on vacation with my family in Helena, Montana. I still remember standing at a tall counter in a general store and my head turned when I heard the silver dollars hit the counter when change was tendered for my dad's paper $10. Bill |
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On Thu, 10 Feb 2005 11:25:29 -0600, Banknote Addict
wrote: Just curious... For the most part, people today are more likely to keep a Dollar coin as a souvenir rather than spend it on cigarettes. Has that always been the case? Can any of you guys that were around in the 40's and 50's remember if silver Dollars were commonly used by the public back then? Was there ever a time when it would be no surprise to get Peace Dollars in your change at the gas station? (Or gold coins even...before the 1930's of course). I was a kid in the early/mid 70's and I seem to remember Ike Dollars being used a little bit. Not super common, but it was no surprise if you got one in change. My mom worked as a cashier at a bakery in Central California during the 40's and 50's, and she said she might see two or three a wek. take care, Scott |
#10
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"Bill Krummel" wrote in message
... "Banknote Addict" wrote in message ... Just curious... For the most part, people today are more likely to keep a Dollar coin as a souvenir rather than spend it on cigarettes. Has that always been the case? Can any of you guys that were around in the 40's and 50's remember if silver Dollars were commonly used by the public back then? Was there ever a time when it would be no surprise to get Peace Dollars in your change at the gas station? (Or gold coins even...before the 1930's of course). I was a kid in the early/mid 70's and I seem to remember Ike Dollars being used a little bit. Not super common, but it was no surprise if you got one in change. Peace and Morgans were used commonly in change in parts of the US west as late as the early 60s. I was about eleven in 1960, on vacation with my family in Helena, Montana. I still remember standing at a tall counter in a general store and my head turned when I heard the silver dollars hit the counter when change was tendered for my dad's paper $10. Bill Funny how it was such a regional thing, how silver dollars were regarded in commerce. Maybe in Puritan New England we just felt that if the government decided to stop making them, they must not want us to be using them-- not that we ever did use them much pre-1935. That's why we decided to get rid of our 6-ton Kaiser sedan. Bruce |
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