Sarah Palin

[Bi 4 life]

We have no pennies. The penny is a myth. All those copper-colored coins we have in our various jars, piggy banks, bottles, etc., are an optical illusion. We are all penniless.

I have "centipennies" though. I choose to call them "dollars". Feel free to join me if you feel a little wild...

Yeah they are copper colored clad cents. Wow, you are so comical. Wrong but comical.

 

[bassdude726]

Okay Bi 4 life:

Why is a ton 2000 lbs, but a tonne is 1000 kg (2240 lbs)? Do we go metric or SI?

Are we here to debate systems of measure? Semantics, semantics....

 

[Bi 4 life]

Okay Bi 4 life:

Why is a ton 2000 lbs, but a tonne is 1000 kg (2240 lbs)? Do we go metric or SI?

Are we here to debate systems of measure? Semantics, semantics....

The cent is called a get this....cent. It does not say penny anywhere on it and never ever has. Dating back to the large cents that were pre 1860 and even pre-dated the horse blanket notes there never was a penny in US money. Copper yeah but never a penny. Read Coin World or call the US Mint and ask a rep about that FACT.

 

[Renee Perez]

its very obvious that Palin is trying to distance herself from john McCain now that the campange is over, imagine if they would have won, none of this would have come to light.

 

[YMIHERE]

The penny is a English term. Our 1 cent coin is called cent. Look at one sherlock. Contact the US Mint and ask them about it. LOL I have been a coin collector for 32 years now and I have never seen an American penny. The term for our 1 cent coin is cent. Penny came from penny weight which is a measure of money from another country that is not really America.

Well the US Mint refers to it as a penny so I think they would know what it is. Are we using everyday English or shop talk among numismatics? :2 cents:

Are there any plans to remove the one-cent coin (more popularly known as "the "penny) from circulation?
We occasionally hear from people who believe that the Mint should stop producing one-cent coins and remove them from circulation. You may be interested to know that the penny is the most widely used denomination currently in circulation. There was a study conducted in 1976 of this and other suggestions regarding our coinage system. However, the idea of eliminating the penny received strong objections from an overwhelming majority of State revenue collection departments, retail firms, and commercial banks. Other objections voiced in later studies concerned the inflationary impact of such a proposal on prices and possible difficulties on collecting sales taxes.
It has not been confirmed that the penny has outlived its usefulness. Neither business nor the public as a whole has pressured for changes in the coin denominations in circulation today. In addition, our coin and currency system is among the most trusted in the world. The vast majority of users apparently are content with the existing coin denominations, including the one-cent coin. As a result, the Treasury Department has no plans now to cease production of the penny. In addition, such a change to the United States monetary system could not be done without prior Congressional authorization. If directed to do so by legislation enacted by the Congress and signed by the President, the Treasury Department would again study phasing out the penny. Since the demand exists and the Federal Reserve Banks require inventories to meet the demand, the United States Mint is committed to producing the penny.

http://www.usmint.gov/faqs/circulating_coins/index.cfm?flash=yes#anchor9

 

[bassdude726]

For a student of coinage, Bi4, you are remarkably short-sighted. The term "penny" refers to the German word "pfennig", not in reference to an measure of 100.

Hence, my message in regards to your reference to the penny was meant to shut you up in terms of semantics. You're out of your league here.

 

[Facetious]

Steel Cent or Steel Penny ?
circa '43 :1orglaugh



How many ounces of silver in a Morgan Dollar ?

Silver really ain't worth shitters anyway, as compared to gold, 19 lousy bucks an oz.
Damn it !! I might as well skip 'em accross the lake.

 

[Renee Perez]

I believe John McCain's choice for vice president is excellent! This strong willed. moral person demonstrates all the positive attributes for vice president, she has even more experience than Obama.
I believe this is a slam dunk and game over in victory for the Republicans. Thank you.

i bet this guy was living under a rock! i mean it was pretty obvious even a year ago who would win, hell, as soon as the nominees were picked we knew who would prevail

 

[Bi 4 life]

Steel Cent or Steel Penny ?
circa '43 :1orglaugh



How many ounces of silver in a Morgan Dollar ?

When was the Morgan Dollar made or better yet how many pieces of coinage did Morgan design?

 

[bassdude726]

Facetious: Dunno how many ounces of silver in a Morgan dollar, but I do have a couple early 20th century Mercury dimes... which is better?

 

[Bi 4 life]

Well the US Mint refers to it as a penny so I think they would know what it is. Are we using everyday English or shop talk among numismatics? :2 cents:




http://www.usmint.gov/faqs/circulating_coins/index.cfm?flash=yes#anchor9

The US mint refers to it as a Cent. It says it is commonly known as a penny. Commonly means the common people and not the mint. Listen dude, I have been to more coin shows, own more mint state coins graded by NGC and PCGS than you can attend in 10 years or buy with 10 years of your salary. Not putting you down or anything but I know my craft. If you were a collector then you would know this but obviously you are not and just fall in line with the penny namesake. Go to your local coin shop or call the US mint and ask them about it. I am not going to keep engaging you on this subject. I know what I know and when ask around or better yet look on the cent and find the word penny. All currency or coinage has its denomination right there on it.

 

[Bi 4 life]

For a student of coinage, Bi4, you are remarkably short-sighted. The term "penny" refers to the German word "pfennig", not in reference to an measure of 100.

Hence, my message in regards to your reference to the penny was meant to shut you up in terms of semantics. You're out of your league here.

LOL yeah I know it. I can tell I am out of my league from your belief of a penny. LOL

 

[bassdude726]

1878-1904 for Morgan dollars. They are worth... a LOT. If you can find one.

 

[Facetious]

I like this thread Here we have our very own covert numis . . . n u m i s m a t i s . . . YMIHERE !, how do you spell that word ? please . .and why do they refer to all of this inverse and obverse stuff ? :tongue:

Alright, as we know, the precious metal commodities have gone up up up recently, that being said, my 2007 guide will only offer us info pertinent to everything other than est value.

 

[Bi 4 life]

1878-1904 for Morgan dollars. They are worth... a LOT. If you can find one.

They also came out again in 1921 with a slighty different reverse and pre-dated the Peace Dollar which debuted in 1921 to commemorate the win in WW I and a time of peace. I have over 400 Morgan dollars so I know their worth. From Carson City to San Fran I have a wide variety most of which are MS-64 or higher grade. From 32 years of collecting.

 

[Bi 4 life]

I like this thread Here we have our very own covert numis . . . n u m i s m a t i s . . . YMIHERE !, how do you spell that word ? please . .and why do they refer to all of this inverse and obverse stuff ? :tongue:

Alright, as we know, the precious metal commodities have gone up up up recently, that being said, my 2007 guide will only offer us info pertinent to everything other than est value.

Actually the precious metal market is way down just in the last few months. The price of metal has nothing to do with rare coins. Condition and rarity do. I last checked silver last Sat and it was hovering around 10 and ounce and gold was in the low 7's per ounce. That gold price does reflect a great deal on common St. Gaudens gold pieces and new proofs and mint states. They are closely tied to the spot price.

 

[Facetious]

I have over 400 Morgan dollars

Me too ! All the most common one's though :o

Most appear as ''about uncirculated'', some slight dings, but other than that, perfecto !

^ good info, I haven't been following along very closely through the years, some, but not much.

 

[bassdude726]

Anything after '21 is not a Morgan Dollar... it's a re-circulated commemorative coin.
In other words, not a Real Morgan Dollar.

[EDIT]: Forgive me, I meant BEFORE 1921. Between '05 and '21, there were no Real Morgan Dollars minted.

 

[Bi 4 life]

Anything after '21 is not a Morgan Dollar... it's a re-circulated commemorative coin.
In other words, not a Real Morgan Dollar.

In 1921 there was a Morgan dollar which was minted in Denver and Philadelphia. A 1921 Morgan is around $25 to $40 in mint state condition. That same year the Peace dollar replaced it in Ultra High relief.

 

[Facetious]

Anything after '21 is not a Morgan Dollar... it's a re-circulated commemorative coin.
In other words, not a real Morgan Dollar.

It's known as a "Peace Dollar" 'circa '21 - 35

I could see that coin collecting is for the very very wealthy. It must be horrible always having to envy the "other guys' collection".:o The guy that always has one better than you. :flame:

:2offtopic: Why is this so much fun ? Ha ! :2 cents: