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Disappearing Shapes: The Future Of Oddly Shaped Coins Bleak?

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 18 / Views: 4,172Next Topic Page 2 of 2
New Member
Canada
16 Posts
 Posted 11/18/2012  12:45 pm  Show Profile   Bookmark this reply Add WCW to your friends list

Quote:
doesn't allow for many shapes because during the electroplating process the metals won't distribute and bond properly to many shapes other than circular
.

electroplating is happening on a molecular level, effectiveness has nothing to do with shape. you could plate something as intricate as a snowflake as easily as a circular coin.

Pillar of the Community
United Kingdom
1324 Posts
 Posted 11/18/2012  4:46 pm  Show Profile   Bookmark this reply Add andyg to your friends list
Cook Islands still have their triangular coin (which doesn't work in vending machines.)

Can't think of any current square ones since the ECT 2 Cents went in 2002 - The Bangladesh and Indian ones are gone from circulation for some years - at least according to collector friends of mine there.
Pillar of the Community
Australia
2180 Posts
 Posted 11/18/2012  5:10 pm  Show Profile   Bookmark this reply Add Mr T to your friends list
Does the Cook Islands triangular $2 still circulate though? I thought that they used the New Zealand dollar exclusively and have done since 1994 or 1995.
Pillar of the Community
Australia
7096 Posts
 Posted 11/18/2012  5:37 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list

Quote:
The heptagonal Brit 50p and 20P as well as the 12 sided Aussie 50Cents are still current


I can add to that list Sel,
there are the square,oblong and map shaped coins from the Perth Mint also the 14 sided 50 cent coin from 2012 and 2013.
Pillar of the Community
United Kingdom
1324 Posts
 Posted 11/18/2012  6:11 pm  Show Profile   Bookmark this reply Add andyg to your friends list
>> Does the Cook Islands triangular $2 still circulate though? I thought that they used the New Zealand dollar exclusively and have done since 1994 or 1995.

The $1, $2 and $5 dollar coins are still current as is the $3 dollar note.
Last issue for the coins was 2003, I believe they still circulate alongside the NZ issues.
Pillar of the Community
Canada
1411 Posts
 Posted 11/18/2012  6:14 pm  Show Profile   Bookmark this reply Add Windchild to your friends list
the Canadian 11 sided Dollar is still current
Moderator
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Australia
16868 Posts
 Posted 11/18/2012  8:38 pm  Show Profile   Bookmark this reply Add Sap to your friends list

Quote:
Another factor is many more countries which used to have few coin vending technologies are now seeing them become mainstream, and many shapes aren't compatible to these machines.

Here is the main reason why funky shapes are becoming extinct.

Quote:
There are some exceptions, of course. England has no intention of altering the seven equilaterally sided 50 pence in any way anytime soon. Malawi recently came out with a new coin set which still includes such seven sided pieces,

This is related to the vending machine issue, too. The British chose the equilaterally-curved heptagon specifically because, like all Reuleaux polygons, it could roll just as easily as a round coin, and also that it would maintain a fixed diameter, no matter which way it is rotated.

Vending machines can cope with strange shapes - the Australian 50 cent coin is accepted in pretty much any vending machine that accepts coins here - but it all adds to complexity, which adds to cost.

Quote:
doesn't allow for many shapes because during the electroplating process the metals won't distribute and bond properly to many shapes other than circular



electroplating is happening on a molecular level, effectiveness has nothing to do with shape. you could plate something as intricate as a snowflake as easily as a circular coin.

The plating itself is not be the main reason why plated coins are almost always round. There are two other factors involved.

First, a non-round shape has, by definition, some pointy bits sticking out somewhere. Those pointy bits attract wear, and wear on a plated object is bad, because if the plating wears completely away at that point, it allows corrosion through to the underlying metal. This is also one reason why plated coins are always struck in appallingly low relief.

Second, the underlying metal for most cheap modern coins is steel. Steel is cheap, so long as you don't want to do anything fancy with it. Making strange shapes adds to the cost, eliminating much of the savings made from switching to steel in the first place.

Quote:
At one time, square shaped and scalloped coins were very popular, particularly in the developing world where they provided a practical function in helping the blind and illiterate identify each piece with little trouble.

And here's the final reason why strange shaped coins are becoming unpopular with governments. What modern, sophisticated country wants to advertise the fact that most of their population is still illiterate?

Of course, increasing literacy worldwide throughout the 20th century and up to today means that very few countries these days actually have such low literacy rates anymore. Wikipedia 2011 world literacy map. Most of those that do, places like Afghanistan and South Sudan, have war, disorder and other things that are distracting them from making circulating coinage of any kind.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
Pillar of the Community
Australia
2180 Posts
 Posted 11/19/2012  5:16 pm  Show Profile   Bookmark this reply Add Mr T to your friends list

Quote:
The $1, $2 and $5 dollar coins are still current as is the $3 dollar note.
Last issue for the coins was 2003, I believe they still circulate alongside the NZ issues.


Ah, thanks. I believe some $1 and $2 coins were struck in 2010 as well but I wasn't sure whether they were actually used or not.
Pillar of the Community
United States
1088 Posts
 Posted 11/19/2012  6:42 pm  Show Profile   Bookmark this reply Add stud722 to your friends list
I am a fan of the shaped coins. Wether it be scalloped, square, triangle, etc they add variety to my collection. I hope some will continue. I know of a few countries that still issue non circulating coins that are square such as the canadian $3 beaver
Pillar of the Community
United Kingdom
1324 Posts
 Posted 11/20/2012  6:04 pm  Show Profile   Bookmark this reply Add andyg to your friends list
>> Ah, thanks. I believe some $1 and $2 coins were struck in 2010 as well but I wasn't sure whether they were actually used or not.

Do you mean the two metal $1 issued as part of a set in 2010?
If so these were collectors sets only and didn't circulate - although I believe they had sanction from the government there.
Pillar of the Community
Australia
2180 Posts
 Posted 11/20/2012  6:59 pm  Show Profile   Bookmark this reply Add Mr T to your friends list
I'm not sure. According to the 2011 Royal Australian Mint annual report 24,000 $1 coins and 200,000 $2 were struck and dated 2010.
Pillar of the Community
United Kingdom
1324 Posts
 Posted 11/21/2012  2:33 pm  Show Profile   Bookmark this reply Add andyg to your friends list
sounds like these are the scalloped and triangular circulation coins.
Didn't know there were some dated 2010 - thanks :)

There are the 2010 "sets" -
http://worldcoinnews.blogspot.co.uk...ok%20islands
New Member
United States
39 Posts
 Posted 11/24/2012  4:04 pm  Show Profile   Bookmark this reply Add Riverbreak to your friends list
Wow! Thanks for all the information on a lot of this stuff, much appreciated.

The electroplating thing I think I found most interesting, and it makes a little more sense than what I was told earlier. Many electroplate coins I've seen from Africa or Haiti look pretty bad when worn. All the metal layers get exposed and begin corroding at various rates. I'll bet some of these coins may eventually be worth a lot in good condition just because they lack durability.

From what I can understand, Bangladesh doesn't really make the small poisha coins anymore, due to having such little value. Same thing with the Indian Paisa, I think the lowest denomination in India right now is the 50 paisa. The Belize scalloped pennies are still used though, and the Belize dollar is still made with ten sides. Lots of countries have started using the "Spanish flower" shape, Australia's 50 cent works well with machines as a couple mentioned, I'm guessing quite a few "shapes" will circulate for some time yet. But I think we may as well say goodbye to the square, as well as a few shapes like the octagon which never took off except a few places to begin with.

I had no idea Cook Islands was still putting out those dollar coins, despite New Zealand retooling the cents. The mint figures Mr. T put up seem to hint they have the intention of using them. Weird but interesting.

As far as unstable countries go, I know post-invasion Iraq and Afghanistan have both issued 3 coin sets (all round) but I have no idea how much they actually circulate, if at all. I haven't even seen NCLT come out of South Sudan yet though, and when it does I almost doubt their government will even know about it.
Pillar of the Community
Germany
1238 Posts
 Posted 11/24/2012  6:25 pm  Show Profile   Bookmark this reply Add chrisild to your friends list

Quote:
And here's the final reason why strange shaped coins are becoming unpopular with governments. What modern, sophisticated country wants to advertise the fact that most of their population is still illiterate?

While I agree when it comes to the production cost (and maybe wear) issue, this part sounds a little strange to me. Most of those who cannot read or write are well able to keep different coin denominations apart - there aren't that many after all.

But a government may well argue that different edges also help vision impaired and blind people. That was the main reason, for example, why the 20 cent coins in the euro area got their "Spanish Flower" shape. (The Spanish 50 pesetas coins from the 1990s had that shape, hence the name.)

Christian
Pillar of the Community
Australia
2180 Posts
 Posted 11/25/2012  01:55 am  Show Profile   Bookmark this reply Add Mr T to your friends list
[quote]There are the 2010 "sets" -
http://worldcoinnews.blogspot.co.uk...ok%20islands[quote]

I'm guessing they don't circulate then.
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