If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#11
|
|||
|
|||
why aren't nickels in Silver Proof Sets 90% silver?
On Dec 27, 11:06*am, (Paul Ciszek) wrote:
In article , Arizona Coin Collector wrote: Both pure silver, and pure gold, are very soft metals. Copper is added as a hardener to both gold and silver coins. The ratio mix is usually 90/10 (90% silver - 10% copper). Otherwise, pure gold or silver coins would be to soft and easy to deface. Last time the issue of gold content of jewelry came up in another newsgroup, the same statement was made--that pure gold was too soft to make anything out of--and the reply was "Only Americans seem to have that problem". *Allegedly jewelers in India, etc. have no problem making jewelry out of pure gold. *I don't know who to believe. -- Please reply to: * * * * * *| "Any sufficiently advanced incompetence is pciszek at panix dot com * *| *indistinguishable from malice." Autoreply is disabled * * * | It is partly a cultural thing - in India, women apparently like to have their jewelry remade every few years (according to National Geographic) and thus the fact that higher grade gold jewelery WILL tend to lose its shape is not so much of an issue. Anything over 18 karat is relatively soft when it comes to jewelry that is worn often. oly |
Ads |
#12
|
|||
|
|||
why aren't nickels in Silver Proof Sets 90% silver?
Last time the issue of gold content of jewelry came up in another newsgroup, the same statement was made--that pure gold was too soft to make anything out of--and the reply was "Only Americans seem to have that problem". *Allegedly jewelers in India, etc. have no problem making jewelry out of pure gold. *I don't know who to believe. -- Please reply to: * * * * * *| "Any sufficiently advanced incompetence is pciszek at panix dot com * *| *indistinguishable from malice." Autoreply is disabled * * * | Apparently, the US Mint used to know how to make circulating coins out of pure gold as well... http://www.coinflation.com/gold_coin_values.html Seems like the real reason for adding copper to gold coins was the Mint equivalent of adding bread crumbs to meat loaf ... |
#13
|
|||
|
|||
why aren't nickels in Silver Proof Sets 90% silver?
In article , oly wrote: On Dec 27, 11:06*am, (Paul Ciszek) wrote: In article , Arizona Coin Collector wrote: Both pure silver, and pure gold, are very soft metals. Copper is added as a hardener to both gold and silver coins. The ratio mix is usually 90/10 (90% silver - 10% copper). Otherwise, pure gold or silver coins would be to soft and easy to deface. Last time the issue of gold content of jewelry came up in another newsgroup, the same statement was made--that pure gold was too soft to make anything out of--and the reply was "Only Americans seem to have that problem". *Allegedly jewelers in India, etc. have no problem making jewelry out of pure gold. *I don't know who to believe. It is partly a cultural thing - in India, women apparently like to have their jewelry remade every few years (according to National Geographic) and thus the fact that higher grade gold jewelery WILL tend to lose its shape is not so much of an issue. Anything over 18 karat is relatively soft when it comes to jewelry that is worn often. Would 90% gold work out to 21.6 karat, or is it not that simple? -- Please reply to: | "One of the hardest parts of my job is to pciszek at panix dot com | connect Iraq to the War on Terror." Autoreply is disabled | -- G. W. Bush, 9/7/2006 |
#14
|
|||
|
|||
why aren't nickels in Silver Proof Sets 90% silver?
On Dec 27, 12:40*pm, (Paul Ciszek) wrote:
Would 90% gold work out to 21.6 karat, or is it not that simple? It's that simple... -- RARE COIN AUCTIONS NO RESERVES www.frankcoins.com http://myworld.ebay.com/frankcoins Texas Auction License 11259, Board member of Texas Coin Dealers Association, Member TNA, ANA, PCGS, NGC - Full Time Since 1991 |
#15
|
|||
|
|||
why aren't nickels in Silver Proof Sets 90% silver?
On Sat, 27 Dec 2008 05:22:41 -0800 (PST), oly wrote:
On Dec 26, 5:44*pm, Edwin Johnston wrote: oly wrote: On Dec 26, 5:09 pm, yawnmoth wrote: Looking at the informational sheet in the 2008 Silver Proof Set, I see that the nickel consists of 25% nickel and balance copper, whereas all the other silver colored coins consist of 90% silver and balance copper. *Any ideas as to why this is? Traditionally, the five cent coin never was 90% silver. *Only the traditional silver denominations are represented in silver. *Color has nothing to do with it. oly But if they were truly being traditional, they'd have made the cent out of 95% copper instead of copper coated zinc. Very frankly, I am reasonably certain that the Mint could do a good sale of traditional copper cents. Maybe make two or three million per annum and sell them in $25 or $50 bags at five cents per coin. I wish that they would do next year's four commemorative cents in good bronze. It would be a boost to the elongated coin rollers, for sure. The cents in next years annual coin sets will be 95% copper / 5% tin and zinc: http://www.usmint.gov/mint_programs/lincolnRedesign/ They should do the cents that way every year. |
#17
|
|||
|
|||
why aren't nickels in Silver Proof Sets 90% silver?
oly wrote:
On Dec 26, 5:44 pm, Edwin Johnston wrote: oly wrote: On Dec 26, 5:09 pm, yawnmoth wrote: Looking at the informational sheet in the 2008 Silver Proof Set, I see that the nickel consists of 25% nickel and balance copper, whereas all the other silver colored coins consist of 90% silver and balance copper. Any ideas as to why this is? Traditionally, the five cent coin never was 90% silver. Only the traditional silver denominations are represented in silver. Color has nothing to do with it. oly But if they were truly being traditional, they'd have made the cent out of 95% copper instead of copper coated zinc. Very frankly, I am reasonably certain that the Mint could do a good sale of traditional copper cents. Maybe make two or three million per annum and sell them in $25 or $50 bags at five cents per coin. I wish that they would do next year's four commemorative cents in good bronze. It would be a boost to the elongated coin rollers, for sure. oly I think perhaps only one of next year's cents will be issued in 95% copper (not always sure about how legislation is written, then actually enacted). In any case, it will likely sell for more than 5 cents, and I'm guessing some type of proof coin or satin finish, so as to charge way too much money to purchase by the roll quantity. |
#18
|
|||
|
|||
why aren't nickels in Silver Proof Sets 90% silver?
wrote in message
... Apparently, the US Mint used to know how to make circulating coins out of pure gold as well... The US Mint has never made circulating coinage of unalloyed gold. Pure gold is far too soft to last in circulation, so copper was added to toughen it up. |
#19
|
|||
|
|||
why aren't nickels in Silver Proof Sets 90% silver?
On Dec 27, 11:47*am, wrote:
Apparently, the US Mint used to know how to make circulating coins out of pure gold as well... The US Mint never made circulating coins of pure gold, only the recent Buffalo nickel-design bullion coins. -- RARE COIN AUCTIONS NO RESERVES www.frankcoins.com http://myworld.ebay.com/frankcoins Texas Auction License 11259, Board member of Texas Coin Dealers Association, Member TNA, ANA, PCGS, NGC - Full Time Since 1991 |
#20
|
|||
|
|||
why aren't nickels in Silver Proof Sets 90% silver?
Jon Purkey wrote:
On Sat, 27 Dec 2008 05:22:41 -0800 (PST), oly wrote: On Dec 26, 5:44 pm, Edwin Johnston wrote: oly wrote: On Dec 26, 5:09 pm, yawnmoth wrote: Looking at the informational sheet in the 2008 Silver Proof Set, I see that the nickel consists of 25% nickel and balance copper, whereas all the other silver colored coins consist of 90% silver and balance copper. Any ideas as to why this is? Traditionally, the five cent coin never was 90% silver. Only the traditional silver denominations are represented in silver. Color has nothing to do with it. oly But if they were truly being traditional, they'd have made the cent out of 95% copper instead of copper coated zinc. Very frankly, I am reasonably certain that the Mint could do a good sale of traditional copper cents. Maybe make two or three million per annum and sell them in $25 or $50 bags at five cents per coin. I wish that they would do next year's four commemorative cents in good bronze. It would be a boost to the elongated coin rollers, for sure. The cents in next years annual coin sets will be 95% copper / 5% tin and zinc: http://www.usmint.gov/mint_programs/lincolnRedesign/ They should do the cents that way every year. It may turn out as you allege, but from the link it does not say so specifically. It could be a single proof cent and a single satin finish cent and still fit the description on the Mint's website. |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
FA: Various proof sets (2000 Clad, 2003 Silver, 2004 Silver) | John Carney | Coins | 0 | April 19th 05 02:22 AM |
FA:1999,2000,2001,2002,2003 Silver proof set,Silver Eagles,Silver. 18 hrs left | LAWRENCE TINGWALL | Coins | 1 | June 7th 04 01:51 AM |
FA- 1999 thru 2003 Silver Proof Set, Silver Eagle rolls, 10 oz Silver Bar | LAWRENCE TINGWALL | Coins | 4 | May 31st 04 08:22 PM |
both new nickels in silver proof year end?? | ELurio | Coins | 2 | April 1st 04 06:49 PM |
Silver Proof Sets Not Silver Anymore? | Galen Brinson | Coins | 40 | August 4th 03 02:54 AM |