Can I use an "uncirculated coin"?
i found this coin collection thing in my house and it says "uncirculated coins" on the packaging. the coins are regular canadian loonies, toonies, quarters and such. i want to know if i can use them cuz i need change.
the collection of coins are not important to anyone cuz my mom said they were mine anyway cuz someone gave it to me as a present when i was a baby. anddd im not that concerned with selling it or anything i just wanna know if i can you it for regular change or not…that gets the best answer -.-
oh my goodness…i dont think im being clear. I JUST WANNA KNOW IF I CAN USE THEM AS REGULAR OLD CHANGE. thank you
Sure, you can spend valuable collector coins as regular pocket change, if you want to be stupid. You might as well walk into the nearest Tim Horton’s while you’re at it and shout at the top of your lungs that you insist on paying $10 for a $2 coffee.
I think you can, but it’d be stupid too. Uncirculated coins are printed differently so that the background behind the picture is shinier than normal which makes them more appealing for display. Also, the fact that they are "uncirculated" means that they have never been used, they are pretty much straight from the factory. Any other nickle or dime has been handled hundreds of thousands of times, those have not. They are probably worth quite a bit more then their regular face value, and since you’ve found a "collection" of them, they are important to somebody. Definatly keep them, or sell them to a collector. But whatever you do, don’t use them for regular change.
Be patient. The value will increase. If you sell them now, you will certainly wish you hadn’t. Just put them away and forget they are there.
Don’t open those packages. Those coins are worth much more as collectibles and will fall in value (to almost worthless) if scratched up. Some of them might be "proofs" which are better quality items than the coins in general circulation. Most likely, they are legal tender but if you use them just bc you need change, then you are very immature. If you are short on funds, sell them on Ebay and you will get more money which you can spend. In other words, those coins are worth more than just face value. If you are really in a hurry, you can sell to a coin dealer. If the coins contain real silver and you spend them, someone else will be very happy to scoop them up (and will laugh at you).
Part of growing up is getting advice from ppl with a little more life experience than you. Don’t use uncirculated coins for spending.
PS: There are old postage stamps worth hundreds, sometimes thousands of dollars because they are scarcer than stamps you get at the post office. Can you use them to mail a letter? Technically, yes, but you would be a fool to do so.