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RazorbackExpat

(847 posts)

20. During that time, a few coins have been demonetized

Reply to QueerDuck (Reply #18)

Thu Nov 13, 2025, 01:29 PM

Nov 13

For example. gold coins were demonetized in 1933 but remonetized in 1965. Trade Dollars were demonetized for a time in the 1880s because they were minted with cheap silver for trade with China and not for domestic use. Today, both of those coin groups are worth far in excess of their face value.

At one time, pennies were legal tender only up to 10 cents. Supposedly, they are worth full value today. However, who knows what will happen if Trump is allowed to continue to issue executive orders against established US law

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US Mint in Philadelphia set to press final penny [View all] BumRushDaShow Nov 12 OP

What shall I do with all the pennies I've been saving over the years? How long will they remain legal tender? QueerDuck Nov 12 #1

Well, these are pretty but might take more pennies than you have... woodsprite Nov 12 #7

OMG... that's BEAUTIFUL!! I love it!! QueerDuck Nov 12 #8

Those are gorgeous 😍 Luciferous Nov 12 #13

I would think if they were not legal tender BWdem4life Nov 12 #9

That's what I was thinking too. QueerDuck Nov 12 #10

Every coin minted by a US Mint since 1793 that carries a denomination RazorbackExpat Nov 13 #16

Good to know. I guess I was recalling how the Deutschmark and the pre-decimal currency in the UK... QueerDuck Nov 13 #18

During that time, a few coins have been demonetized RazorbackExpat Nov 13 #20

Inflation EuterpeThelo Nov 12 #2

Every time it rains, it rains, nickels from heaven. LudwigPastorius Nov 12 #6

Save even more by getting rid of the nickel Old Crank Nov 12 #3

Paper dollars should be phased out for coins MaineBlueBear Nov 12 #4

They have tried $1 coins multiple times BumRushDaShow Nov 12 #12

But we have never tried discontinuing the paper dollar MaineBlueBear Nov 12 #14

But note this obscure (but legal tender) that STILL exists and is still being printed BumRushDaShow Nov 13 #17

One area grocer was giving 2 cents store credit for every penny. Banks could do the same thing. twodogsbarking Nov 12 #5

40B for Argentina, but not a few Deminpenn Nov 12 #11

So we're save a couple of Trump golf outings. rickford66 Nov 13 #15

In my favorite alternate universe you can live on a dollar a day. hunter Nov 13 #19