Login

user_17552's Blog

06 Sep 2019

find of the day

Coins-United States | user_17552

Today, in a role of quarters, I found a proof quarter, 2002 Louisiana. This got me to thinking. This coin was never meant to be spent, but it somehow ended up in circulation. so my question is why and how did this happen.

How many people have been desperate enough to spend their prize coin just to by something small? Who so under valued a dead relatives collection as to spend it. What criminal would steal a bunch of quarters to spend them later. Was it one that someone circulated during National Coin Month?

So many ways it could have happened and to think about it can be entertaining.


Comments

Longstrider

Level 6

All the above explanations are great. Never know. I have found all kinds of things in rolls. Part of the fun. I love the hunt..Thanks and good luck.

"SUN"

Level 6

You never know what you might find in circulation. I do know a coin dealer that hs put proof coins in circulation.

user_17552

Level 2

true

user_9073

Level 5

There are collectors (like me) that have "complete sets" of JFK Halves or Lincoln Cents. To keep their sets up to date they buy proof sets from the mint, crack them open and keep the coin(s) they want. The remainder are left for them to dispose of. most dealers don't pay much for loose modern proof coins. Maybe a dollar per coin if you are lucky!! So what would you do with a coin that is spendable for $.25 or worth maybe $.75 more if you can get to a coin show. That doesn't pay for the gas to get to most show. So you spend it and hope someone else is excited to find it (like you).

user_17552

Level 2

That is a great explanation. Thank you for the info

Could it possibly be that someone cracked open a proof set, because certain coins in it seemed very nice/high grade, and either spent the others, or have away the others to ignorant relatives/friends who spent it?

user_17552

Level 2

Thanks

It's Mokie

Level 6

Maybe a burglary with the thief just spending the money out of ignorance or indifferance

user_17552

Level 2

Never Know

JudeA

Level 4

Maybe it was a coin drop? Which is when people release collectible coins into circulation so people will search their change more often.

user_17552

Level 2

that was one of my thoughts :)

Tags
    No tags are attached to this post.
We use cookies to provide users the best experience on our website. If you continue without changing your cookie settings, we'll assume that you agree to receive all cookies on money.org. You may disable cookies at any time using your internet browser configuration. By continuing to use this website, you agree to our privacy policy and terms of use. To learn more about how we use cookies and to review our privacy policy, click here.