Changing the Metal Composition Of Coins

Hello

I came across the story link below on the changing
of the Coin Metal Composition.

http://www.coinflation.com/coinage_material.html

...

Arizona Coin Collector wrote:

Hello

I came across the story link below on the changing
of the Coin Metal Composition.

http://www.coinflation.com/coinage_material.html

Sweet. We *really* should stop manufacturing and retire both the cent
and nickel, right now.

--Dave

In article , Dave Allured
wrote:

Sweet. We *really* should stop manufacturing and retire both the
cent and nickel, right now.

I agree, but it seems so difficult to even get rid of the penny,
imagine the outcry if we tried to eliminate the nickel too! We need to
take one step at a time.

Suppose we changed the composition of the nickel so it costs less than
face value to make. Wouldn't that mess up the vending machine
industry? Would all machines that accept nickels have to be changed?

Paul

Paul Anderson wrote:
In article , Dave Allured
wrote:

Sweet. We *really* should stop manufacturing and retire both the
cent and nickel, right now.

I agree, but it seems so difficult to even get rid of the penny,
imagine the outcry if we tried to eliminate the nickel too! We need
to take one step at a time.

Unfortunately, there are no steps small enough to satisfy the willfully
ignorant. Even more unfortunately, I am obliged to include a large number
of politicians in that category.

Suppose we changed the composition of the nickel so it costs less than
face value to make. Wouldn't that mess up the vending machine
industry? Would all machines that accept nickels have to be changed?

There is precedent. When we went to plated and clad coinage, all with
reduced weights and metallic profiles, the world did not end.

James

On Feb 4, 9:50*am, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote:

There is precedent. *When we went to plated and clad coinage, all with
reduced weights and metallic profiles, the world did not end.

James


Composition change in 2012? Yeah...thats when the world will end! 8-)

"Paul Anderson" wrote in message
news
In article , Dave Allured
wrote:

Sweet. We *really* should stop manufacturing and retire both the
cent and nickel, right now.

I agree, but it seems so difficult to even get rid of the penny,
imagine the outcry if we tried to eliminate the nickel too! We need to
take one step at a time.

Suppose we changed the composition of the nickel so it costs less than
face value to make. Wouldn't that mess up the vending machine
industry? Would all machines that accept nickels have to be changed?

Paul

Given today's vending machine product prices, it's hard to imagine nickels
or dimes having a practical use in vending machine purchases or change
making anymore. But I suppose as long as there are little old ladies with
change purses, the machines will have to accept them, just like the turnpike
toll machines.

Paul Anderson wrote:

In article , Dave Allured
wrote:

Sweet. We *really* should stop manufacturing and retire both the
cent and nickel, right now.

I agree, but it seems so difficult to even get rid of the penny,
imagine the outcry if we tried to eliminate the nickel too! We need to
take one step at a time.

Suppose we changed the composition of the nickel so it costs less than
face value to make. Wouldn't that mess up the vending machine
industry? Would all machines that accept nickels have to be changed?

They have you thinking inside a small box, Paul. That is a problem
begging to be not solved.

Suppose vend operators said enough is enough, priced everything at 75¢.
1.00, 1.25 etc. (Like it has been at my agency for the last year or
so.) Suppose they decided sure, we like those coin acceptors just the
way they are, so any new fangled light weight nickels just rolled back
out the coin return. Suppose you would have to consider yourself lucky
if some vending machine would even take your measly two dimes and a
nickel.

No laws would need to be changed, and almost nobody would complain.

The attachment to coinage worth more than its metal is exclusively
sentimental.

--Dave

Bruce Remick wrote:

"Paul Anderson" wrote in message
news
In article , Dave Allured
wrote:

Sweet. We *really* should stop manufacturing and retire both the
cent and nickel, right now.

I agree, but it seems so difficult to even get rid of the penny,
imagine the outcry if we tried to eliminate the nickel too! We need to
take one step at a time.

Suppose we changed the composition of the nickel so it costs less than
face value to make. Wouldn't that mess up the vending machine
industry? Would all machines that accept nickels have to be changed?

Paul

Given today's vending machine product prices, it's hard to imagine nickels
or dimes having a practical use in vending machine purchases or change
making anymore. But I suppose as long as there are little old ladies with
change purses, the machines will have to accept them, just like the turnpike
toll machines.

Little old ladies with change purses have been unable to dump their
pennies into most vending machines for, oh, about half a century ago.
That indignity is now reserved for live grocery and department store
clerks.

They (the ladies) seemed to get over it fairly well. I expect they will
face up to loss of their freedom of nickels with similar aplomb.

--Dave

Dave Allured wrote:

Paul Anderson wrote:

In article , Dave Allured
wrote:

Sweet. We *really* should stop manufacturing and retire both the
cent and nickel, right now.

I agree, but it seems so difficult to even get rid of the penny,
imagine the outcry if we tried to eliminate the nickel too! We need to
take one step at a time.

Suppose we changed the composition of the nickel so it costs less than
face value to make. Wouldn't that mess up the vending machine
industry? Would all machines that accept nickels have to be changed?

They have you thinking inside a small box, Paul. That is a problem
begging to be not solved.

Suppose vend operators said enough is enough, priced everything at 75¢.
1.00, 1.25 etc. (Like it has been at my agency for the last year or
so.) Suppose they decided sure, we like those coin acceptors just the
way they are, so any new fangled light weight nickels just rolled back
out the coin return. Suppose you would have to consider yourself lucky
if some vending machine would even take your measly two dimes and a
nickel.

No laws would need to be changed, and almost nobody would complain.

The attachment to coinage worth more than its metal is exclusively
sentimental.

Erp. I meant, "The attachment to coinage worth LESS than its metal is
exclusively sentimental."

--Dave

The only money they should change the metal composition of is the paper
dollar. With a new senator in Massachusetts, this may be the time!


"Arizona Coin Collector" wrote in message
m...
Hello

I came across the story link below on the changing
of the Coin Metal Composition.

http://www.coinflation.com/coinage_material.html

..