Educating the next generation about money.

[k0xxx]

I bought a coin collection at an estate auction last May that included a couple hundred Eisenhower Dollars. I had a lot of fun with spending the common "junk" dollars. A surprising number of younger people didn't know what they were, and a few had to get a manager to find out if they could accept them. It was always funny to watch them figure out where in the register to put them.

I hope you checked those dates carefully before you spent them. Eisenhower dollars minted between 1971 and 1976 were 40% silver and are now worth about 8 bucks each.
http://www.coinflation.com/

Au contraire mon frere. In the Eisenhower dollars silver was only used in the cladding process for the collectors proofs and uncirculated issues (identifiable with the S mint mark), and then only on some of the releases. Only the proofs and uncirculated coins dated 1971 and 1972 can you be 100% assured of being silver clad.

Of those collector issues dated 1973, 1974, and 1976 (none were dated 1975), some were silver clad and some were nickel clad. So you have to be careful and know the difference when purchasing them.

There were a very few 1973D and 1974D silver clad coins minted in error, and they command a very substantial premium.

This is at least to my understanding of the coins. I believe the info to be correct, but as my wife reminds me, I am not always right.

 

[Wannabefree]

That's what I was thinking...... taking advantage of ignorance is still dishonest IMO.

If the youngsters had not been so eager to take advantage of what they thought was MY ignorance I would have happilly pointed out the mistake.
It was their greed that taught the lesson not mine.

I still never return unkindness for unkindness. They're just dumb kids, and I would have told them. That's just me though.