| Author |
 Replies: 48 / Views: 4,830 |
|
|
|
Valued Member
United States
333 Posts |
I'm guessing aluminum cents with a new design and I can see them dragging their feet on the nickel for a few more years. If anything, though, they could just make the nickel the new copper plated zinc. It wouldn't require significant changes in the overall process to just make bigger planchets for use as nickels.
|
|
Pillar of the Community
United States
1027 Posts |
I don't see the need to do anything at all. I think these studies are the real waste of money. There is nothing wrong with the fact that the initial cost to get a coin into circulation is above its face value and we already have laws in place that prohibit melting and selling coins for their metal content. I think that this is an issue like flag burning, brought up in congress for the sole purpose of keeping us from insisting that they get something done that actually counts. It is a pure distraction tactic. If congress truly wanted to save money in this arena they would have stopped printing dollar bills a long time ago. The mint makes a profit, leave it alone and fix the economy one hundred billion dollars at a time, not one million.
|
|
New Member
United States
29 Posts |
Maybe they know heavy inflation is coming and they abolish the penny.
|
|
New Member
United States
46 Posts |
If they eliminate the nickel and penny as jbuck suggests ... my CRH career will be over :(
|
|
Valued Member
United States
203 Posts |
I think aluminum plated with copper would be good for the penny and maybe an alloy using nickel and aluminum for the nickel. Although nickel plating zinc could also work. Steel is definitely a possibility but they would have the plate it similar to the 1943 penny. But, the plating would have to be a bit better so that it doesn't rust as easily. I am in favor, however, of dropping the penny altogether but definitely keep the nickel. Aluminum or steel would be a good option. They could potentially use brass but plate it if the cost would be less than the current cost of the planchets.
|
|
Pillar of the Community
United States
1027 Posts |
No change to the cent is going to make it much cheaper. Most of the cost of production is already for things other than the metal content and it will take a long time to make up for the costs involved in making any sort of change. While the nickel might benefit for a while from a metal change, it probably won't be long until metal is no longer a factor for it either. If cost saving is really the issue then doing nothing is the next best thing to just stopping production altogether.
|
|
Rest in Peace
United States
9104 Posts |
 , slowaltima! Quote:
but they would have the plate it similar to the 1943 penny. But, the plating would have to be a bit better so that it doesn't rust as easily. The problem with steel cents is they were only partially galvanized. Instead of making the coins, then plating them, they plated the strip, then punched the blanks, leaving the rims unplated. |
|
Valued Member
United States
203 Posts |
Ah, okay thank you biggfredd. I never even realized that and it makes sense now. If they galvanized them afterwards as they should have done, that might work. I have about 15 or 20 of the 1943's and they are either super shiny(replated) or rusty and dull looking. And the rims are always awful looking. I think they should go for the steel cents again but do it correctly this time around.
|
|
Moderator
 United States
188440 Posts |
Quote:
If they eliminate the nickel and penny as jbuck suggests ... my CRH career will be over :( All the more reason to enjoy it while you can.  |
|
Bedrock of the Community
United States
17884 Posts |
Quote:
Nickel = chrome plated steel (industrial hard chrome) as nickel plating steel requires you to copper plate it first then nickel plate it and I don't see them plating it twice But with Chromium at $60 a pound it would probably be cheaper to plate twice. Quote:
The problem with steel cents is they were only partially galvanized. Instead of making the coins, then plating them, they plated the strip, then punched the blanks, leaving the rims unplated. So you plate them afterward like they currently do with the zinc cent. That covers ALL the exposed steel and really slows down rusting. (Until you get breaks in the plating.) |
|
Rest in Peace
United States
9104 Posts |
If they must make steel cents, a chrome or nickel plate would last and look nice.
|
|
Pillar of the Community
United States
3345 Posts |
I think they should do nickel plated zinc for the nickels and aluminum for the pennies. But what about tin, or manganese? I know they used manganese in the War Nickels (9%). |
|
Rest in Peace
United States
9104 Posts |
Brass buck are 3.5% manganese.
|
|
Pillar of the Community
United States
927 Posts |
I vote for eliminating the penny altogether and doing nickel plated zinc or nickel plated aluminum for the 5 cent piece. Could we still call it a "nickel" if it is only nickel plated? I don't think steel should be used because of the magnetic qualities.
|
|
Bedrock of the Community
 Australia
21786 Posts |
Some stainless steel grades are non magnetic.
|
| |
Replies: 48 / Views: 4,830 |
First Page
Posted 01/21/2012 11:49 am
