Today's Newer Coins Feel "cheap" To Me

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Author	Replies: 26 / Views: 3,673	Page: of 2

DVCollector Bedrock of the Community United States 10045 Posts	Posted 12/18/2010 12:36 pm Quote: Why because the corroded zincs just get tossed and don't come back for redemption. Here's a money-making idea...make all the cents from chocolate and none will be redeemed. Seriously, though--if they didn't insist on plating the zincolns with copper, they would last much longer. They wouldn't be as shiny at first, but the copper wouldn't hasten their demise. Plating zinc coins with copper was a worse idea than the '43 steel cents. Report this Post to the Staff
4721butch Valued Member United States 286 Posts	Posted 12/18/2010 12:55 pm all new money will be plastic cards? it could happen Report this Post to the Staff
Kefiroth Pillar of the Community United States 1431 Posts	Posted 12/18/2010 1:15 pm Ah thanks for shedding some light on the subject, Conder. Report this Post to the Staff
DNA Pillar of the Community United States 2734 Posts	Posted 12/18/2010 9:12 pm Quote: Conder101: ...the corroded zincs just get tossed and don't come back for redemption. And that explains why the Mint plays the zinc Cent game. Thanks, Conder101! Does the Mint keep redemption statistics? It would be very interesting to compare Cent redemption from a pre-zinc year (ie. 1970, 1980) with any year after 1990 (where large quantities of zinc Cents were in circulation). The unattractive appearance (and low purchasing power) of corroded zinc Cents no doubt inspires the public to dispose of them in large numbers. Lucky for the Mint. All copper lovers reading this should band together and send all their nasty zinc Cents from roll hunting to the Philadelphia Mint... Report this Post to the Staff
stewart Pillar of the Community United States 1126 Posts	Posted 12/19/2010 1:17 pm Debasing the coinage of the realm is the first step to the collapse of the monetary system of any civilization. Much more than 50% of the money in our monetary system is in the form of electrons whizzing from bank account to another. You can not much more debased than that. That is why when creating this country the founding fathers saw fit to make it law that money was to be in the form of Gold and Silver ONLY. They remembered the lessons from past fallen civilizations such as Rome. Ahh but alas the people who are in charge have been allowed to ignore these laws written down by the founders of this country. With out trial for treason or even outrage from the population that the bankers of this country now control Edited by stewart 12/19/2010 1:26 pm Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 12/19/2010 4:18 pm It may well be possibly that all previously noted explanations are not accurate. My theory is our government outsourced all our coinage to China not to long ago and they are now really made of recycled beer and pop cans. Report this Post to the Staff
DNA Pillar of the Community United States 2734 Posts	Posted 12/19/2010 9:35 pm Quote: Much more than 50% of the money in our monetary system is in the form of electrons whizzing from bank account to another. That's another thing. Silver is a great electrical conductor. And it's getting better. Look at how many more "electrons" have to be zipped into your account when you sell silver, compared to five or ten years ago... Quote: they are now really made of recycled beer and pop cans. They would last longer than zinc Cents, and spoil the Mint's profits from lack of redemptions... Edited by DNA 12/19/2010 9:37 pm Report this Post to the Staff
swiego Valued Member United States 57 Posts	Posted 12/19/2010 10:16 pm Thanks Condor101 for the very informative posts; learned a lot... Report this Post to the Staff
yotie Pillar of the Community United States 3077 Posts	Posted 06/21/2011 8:46 pm i am actually saveing my "cancer zincs" think I will have enuff from roll searching to buy next years mint set Report this Post to the Staff
LastGold Valued Member United States 228 Posts	Posted 06/23/2011 12:00 am Zinc cents turn to crud very quickly.... And when the government eventually gets around to allowing copper cents to be melted - the only cents circulating will be the 95% zincolns! If you think it's hard to find a good MS63+ zincoln in circulation for the years 1983 through 1989 - just wait till they are the only cents circulating! I think 10 years from now - BU zincs (especially the early ones) will be worth a lot more than most believe today! But they're tough as nails to find in my experience 20 MS 60 - 62's for every MS 63 or 64 ! Report this Post to the Staff
VisigothKing Pillar of the Community United States 4778 Posts	Posted 06/23/2011 12:14 am And with newly minted zincs (like current year zincs), they're always either spotted, or scratched, or both. It's kind of annoying Report this Post to the Staff
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