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submitted 9 months ago by MicroWave@lemmy.world to c/news@lemmy.world

The US Mint released commemorative coins honoring abolitionist Harriet Tubman Thursday.

The coins include $5 gold coins, $1 silver coins and half-dollar coins that commemorate the bicentennial of her birth. This is the first time the US Mint has honored Tubman with coins, according to the agency.

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[-] Ensign_Crab@lemmy.world 76 points 9 months ago

Three coins no one ever uses.

Shoulda been the 20.

[-] Ranvier@sopuli.xyz 11 points 9 months ago

Biden restarted the process to get her on the 20.

https://www.nytimes.com/2021/01/25/us/politics/tubman-20-dollar-bill.html

Unfortunately the process was stopped for a long time by Trump. And that delay pushed the date back even farther.

https://www.nytimes.com/2021/03/30/business/harriet-tubman-20-dollar-bill.html

And goes without saying he could stop the process again if he somehow ends up back in office (or another republican).

[-] aeronmelon@lemmy.world 8 points 9 months ago

When I was a kid, I treasured my JFK half-dollars. I was too scared to spend them on anything. :V

[-] jonne@infosec.pub 28 points 9 months ago

Is that what they're doing instead of the $20 bill?

[-] JCreazy@midwest.social 12 points 9 months ago

I'm pretty sure Trump scrapped that idea

[-] jonne@infosec.pub 11 points 9 months ago

I'm sure he did, but Biden's had 4 years to get it back on track.

[-] bdonvr@thelemmy.club 7 points 9 months ago

And just like putting Cuba on the State Sponsors of Terrorism list, he won't do a damn thing about it.

[-] jonne@infosec.pub 7 points 9 months ago

But if he does that, he'll lose the votes of Cubans in Florida that have sworn off the Democrats since Kennedy! They'll come back to the party any day now!

[-] Furedadmins@lemmy.world 23 points 9 months ago

A five dollar coin is going to get a few Walmart customers arrested for trying to pass fake currency.

[-] Entertainmeonly@lemmy.blahaj.zone 18 points 9 months ago

Highly unlikely. Those coins are over $700 to purchase from the mint. They are real gold. The face value is $5 but it's literally worth its weight in gold.

Then again I'm sure someone will spend it at face value at some point, and you're probably right it will likely be at a Walmart. 🙄

[-] JCreazy@midwest.social 16 points 9 months ago

Keep in mind that these coins are for collectors only and not meant to be put into circulation, but even though that's the case they are still legal currency and technically can be used. It's just like the presidential dollar coins. They stopped releasing them into the public because they weren't popular so they just only released them for collectors.

[-] MaxHardwood@lemmy.ca 4 points 9 months ago

While they are legal tender they're not circulating tender. That means only the Mint and Courts are obligated to accept them at face value. Anybody else has the option of accepting the coin as payment at whatever value both parties agree on, or not accepting it at all.

[-] jordanlund@lemmy.world -1 points 9 months ago

Not really though, the "$5" gold coin is $708.

You could re-sell it for the gold or collector value, but you can't spend it like money.

[-] JCreazy@midwest.social 14 points 9 months ago

You 100% can use it as legal tender. It would be dumb but you can do it.

[-] prole@sh.itjust.works 3 points 9 months ago

What do you mean "not really though"? It's either legal tender, or it isn't, and based on numerous comments here, it would seem as though it is legal tender. You would probably be a fool if you used it at face value, since it's going to always be worth more than that, but nothing is stopping you from doing so if you desire.

[-] grue@lemmy.world 8 points 9 months ago* (last edited 9 months ago)

Neat, now quit printing dollar bills so folks will actually use them instead of just collecting them.

[-] JCreazy@midwest.social 8 points 9 months ago

They are meant for collecting

[-] lolcatnip@reddthat.com 3 points 9 months ago

These aren't the coins that could replace dollar bills, but I would love to see $1 and $5 bills replaced with coins, along with a phase-out of pennies and nickels. Coins are supposed to be money, not trash.

[-] sagrotan@lemmy.world -4 points 9 months ago

TIL there are also racist coins:

1000007629

'dem white crackers are crazy

this post was submitted on 05 Jan 2024
341 points (98.3% liked)

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