Entry Submitted by Mesaville at 12:59 PM EDT on August 15, 2020
"The New Penny" by Jeff - 8.14.20
This is in response to Jeff's post about the new penny.
In a quick eBay search I found several of these coins up for sale, they're called a US Treasury Token, one seller dates them as minted in 1982, Denver Mint versions are also available.
They're worth about .57 cents
The question I have is why would a coin meant to go into circulation have the word Uncirculated on it?
US Treasury Tokens are not meant for circulation, their size is a little different than circulated coins and can't be used in vending machines.
The only purpose I can see for these coins is for a collectable item.
Jeff says they have many of these coins at his grocery store, if what Jeff is saying is true it brings up another question, has the US Treasury minted exact size Tokens to replace all Federal Reserve coins?
https://www.ebay.com/itm/1982-US-Proof-Token-Uncirculated-P-Proof-Token-and-Uncirculated-D-Proof-Token/163775122337
Further reading...
US Treasury Token Guidlines
https://www.usmint.gov/news/consumer-alerts/business-guidelines/business-faqs/use-of-metal-tokens-final-statement-of-policy
US COIN BOOK
UNITED STATES MINT TREASURY TOKEN DENVER
https://www.usacoinbook.com/item/united-states-mint-treasury-token-denver-34273/
Mesaville
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2020 Dinar Chronicles
"The New Penny" by Jeff - 8.14.20
This is in response to Jeff's post about the new penny.
In a quick eBay search I found several of these coins up for sale, they're called a US Treasury Token, one seller dates them as minted in 1982, Denver Mint versions are also available.
They're worth about .57 cents
The question I have is why would a coin meant to go into circulation have the word Uncirculated on it?
US Treasury Tokens are not meant for circulation, their size is a little different than circulated coins and can't be used in vending machines.
The only purpose I can see for these coins is for a collectable item.
Jeff says they have many of these coins at his grocery store, if what Jeff is saying is true it brings up another question, has the US Treasury minted exact size Tokens to replace all Federal Reserve coins?
https://www.ebay.com/itm/1982-US-Proof-Token-Uncirculated-P-Proof-Token-and-Uncirculated-D-Proof-Token/163775122337
Further reading...
US Treasury Token Guidlines
https://www.usmint.gov/news/consumer-alerts/business-guidelines/business-faqs/use-of-metal-tokens-final-statement-of-policy
US COIN BOOK
UNITED STATES MINT TREASURY TOKEN DENVER
https://www.usacoinbook.com/item/united-states-mint-treasury-token-denver-34273/
Mesaville
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2020 Dinar Chronicles
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