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DoubleEagle20's Last 20 Posts

"Quarter Dollar" Or "25 Cents"?

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 02/11/2025 12:13 am

They are actually 2 reales in my mind. They are the direct descendants of the Spanish American 2R.

How so? Our 1793 hard peg of our "dollar" to the SA reale made the two literally the same.

Forum: US Modern Coins

Are You Buying Boxes Of Pennies, Cents Now That They Stopped Making Them?

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 02/11/2025 12:05 am

I think some good copper mining is coming. People will start to roll them up and take them to the bank in fear of demonetization. I don't think the government will demonetize right away. It will be years down the road.

Meanwhile we can mine away and leave just the Zincolns for an eventual alloy recovery program.

Forum: US Modern Coins

US Treasury Ordered To Stop Producing New Cents

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 02/10/2025 11:41 pm

I think we will end up like Japan. Its 1 yen coin is still legal tender, but has not been struck for circulation since 2016. Cents may still get used here and there, in amounts of five or ten like the Japanese 1 yen coins.

Forum: US Modern Coins

2025 US Coins In Circulation

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 02/10/2025 01:47 am

2025 cents are going to be a bit tougher to find, boys.

I do have 2 coins for 2025 already. The US Mint had a small machine at the FUN show in Orlando dispensing Ida Wells 2025 P and D quarters. Does that count?

Forum: US Modern Coins

US Treasury Ordered To Stop Producing New Cents

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 02/10/2025 01:43 am

This could get very "interesting" for the Federal Reserve and its member banks. With no alloy recovery program and if business start to round to the nearest nickel, the cents are going to start to really pile up. I hope they have a lot of warehouse space!

Forum: US Modern Coins

US Treasury Ordered To Stop Producing New Cents

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 02/10/2025 12:58 am

The Secretary of the Treasury has the power to stop minting of new coins, but he or she does not have the power to kill the denomination itself or demonetize it.

There are billions of them in change jars and piggy banks that remain legal tender until Congress changes it.

This situation is ideal for us "copper miners". The cents will still be around and this decision may get people to start to bring them in for redemption. That means more copper!!!!

Forum: US Modern Coins

2025 US Coins In Circulation

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 01/03/2025 12:10 pm

I remember 1975. Nasty recession year it was.

Forum: US Modern Coins

2024 Jefferson Nickel Mintages.

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 01/02/2025 11:00 pm

We are starting to see the effects of what will probably be called the Greater Recession.

China is hitting the wall hard. Deflation is rampant there now and they can't seem to stop it.

Forum: US Modern Coins

2025 US Coins In Circulation

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 01/02/2025 10:43 pm

I think you are right, Jbuck.

Would not surprise me to see only cents and quarters issued for circulation.

If demand for new coin is low enough, the Mint may start coining the sestercentennial coins instead in prep for an early 2026 release.

Forum: US Modern Coins

Easiest Coin Series To Collect?

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 12/04/2024 12:37 am

IMO, the easiest is the Ike dollar series. Especially from a date/mintmark/composition standpoint.

Also much more easily examined by my aging eyes.

Forum: US Modern Coins

2024 US Coins In Circulation.

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 12/04/2024 12:29 am

I am starting to see 2024-D cents in change here in Metro Detroit. Occasionally see the quarters.

Still no nickels or dimes.

Forum: US Modern Coins

The End Of The "S" Coins For Circulation

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 11/09/2024 9:21 pm

I thought so, Cladking.

I thought I remembered that SF struck late 1970's cents without the S mint mark.

Forum: US Modern Coins

1776-1976 Eisenhower Dollar Coin

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 10/24/2024 9:21 pm

Hang onto it and spend it in June or July 2026. I'm saving them up along with the dual-dated Kennedy halves for tips during the 250th.

Forum: US Modern Coins

Jbuck's Graded Eisenhower Dollar Collection

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 09/26/2024 11:39 pm

Good job, Jbuck!

It's really hard to put a quality Ike dollar set together. The mint had a difficult time for the first couple of years with the dies for such a large cupronickel clad coin. It's why I really only collect the S mint silver clads. Softer metal means better strikes.

Forum: US Modern Coins

2024 US Coins In Circulation.

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 09/25/2024 10:29 pm

Found 2 more 2024 cents in the rolls.

P & D.

Forum: US Modern Coins

2024 US Coins In Circulation.

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 09/21/2024 9:29 pm

I found my first 2024 cent today during cent CRH.

2024-D

I don't collect Zincolns so I'm probably gonna take it to my coin club meeting in case someone wants it for their album.

Forum: US Modern Coins

Death To The Penny

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 09/18/2024 05:10 am

We simply should stop minting the cent. Let the remaining ones do the job until they just vanish.

I don't want them actively removed from circulation because I am too busy hoarding the bronze ones.

LOL.

Forum: US Modern Coins

Tyranny Of The Penny - Great New York Times Article

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 09/14/2024 2:02 pm

Modernization of American currency would only require 4 coins.

The current dime, a new 50 cent piece somewhat similar to the British 50p, the current dollar coins and a new bimetallic 2 dollar coin smaller than the 1 dollar with intermittent reeding.

Get rid of the $1 and $2 notes, cent, nickel and quarter and round to the nearest tens.

Forum: Main Coin Forum

Tyranny Of The Penny - Great New York Times Article

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 09/14/2024 1:57 pm

Not yet. I am too busy copper mining, aka CRH for the real copper ones.

I hate the zinc cents and get rid of them any way I can.

I would definitely support ending their minting for circulation well before actual withdraw of the coins.

End production after the 2026 sestercentennial, IMO.

Start making bronze cents at the SF mint for collectors in proof and uncirculated.

Forum: Main Coin Forum

Have You Found A 2024 Nickel CRH?

DoubleEagle20

Pillar of the Community

United States

1665 Posts

Posted 09/14/2024 02:39 am

Sounds like it was the US Southwest for sure, John77.

Forum: Coin Roll Hunting

Coin Community Forum

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