Friday, November 18, 2011

Where does the US Mint send all the half-dollar coins it makes every year?

The half-dollar is the second most consistently minted coin in US history. The US Mint continues to make Kennedy half-dollar coins to this day. But where are they? Where do they go? Banks don't stock them and we never see them in change. As far as I know, the only ways you can get them are by going to a casino or buying them (at considerably more than face value) from the mint. Is it now totally impossible to get a half-dollar for 50 cents in the United States?

Where does the US Mint send all the half-dollar coins it makes every year?
wow thats a good question. think i will check back here...thanks:)
Reply:Yep! To the casinos!!
Reply:That is question for the U.S. Treasury Department....I wouldn't know. I can't say the last time I got a half-dollar given to me...Why is that?
Reply:You answered your own question. They want you to buy them from the mint.
Reply:once my mom went shopping and gave her a half-dollar as change, so there might be some half-dollars in circulation. but there aren't that much, so they are rare to the consumer and shopper
Reply:I would argue with your consistently minted statement. I know the logic, but it is a little strained. The only reason that is true is two or three historical anomolies and the Civil War. In terms of numbers minted, it has never been nearly as large as many other denominations. It was a valuable portion of our coinage, but since silver was taken out of the coinage has disappeared. What happened was they left a little silver in half dollars in the 60's, so as silver rose those too left circulation and the American public just learned to live without them.





They are still available from banks in bags, and are probably the best kept secret for coin collectors to obtain great coins for their collection.


No comments:

Post a Comment