Pure Nickel Coins - How Fast Are They Disappearing?

Libertad said:

Isn't it better to keep a coin in circulation instead of destroying it to make others? You still have to add the steel and plate it, so it doesn't cut down on time. I just think that a coin is more useful in circulation even if it's 100 years old.

i know there is a numismatic that helped the government figure out what to do with the cent. he wanted them to keep them legal tender and to issue them in sets after they were withdrawn from circulation, and said "one out of 2 isn't bad"

i wish someone like him would convince them to immortalize the cent and use it as the core for the toonie. sure you have to do some re tooling, but thats a lot of "free" toonie cores.

then non collectors could even show their grandchildren the coin we used to use, (granted they will all be 1997 and newer).

same kinda goes for the nickle they are pulling from circulation, why sell it as scrap metal, when you could clean it and use it directly as your plating material? they want to save $$$ dont they?

I'm now running less than 9%. boooo

The recent trip across the border yielded me a Manitoba quarter, a July 2000 millennium quarter, a 1978 nickel and a 1986 dime. That was it. The rest was plated steel junk.

@wazzap: It would be pretty cool to see a double dated coin on purpose like that. But toonies are steel now. If they had thought of this back before 2001 it could've worked by pulling cents and nickels and the same time round purchases to the nearest 10 cents. Too late for that, because plating is pretty inexpensive.

I think that further you get from major cities the older the money gets.