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Replies: 21 / Views: 2,412 |
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Pillar of the Community
United States
2589 Posts |
this also means that like in 1982, 2009 may see even more varieties of pennies than are currently planned
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Valued Member
United States
186 Posts |
Great insight, XavierOfGreen ! Thanks! Laura
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Pillar of the Community
United States
5318 Posts |
XOG-- Well, as a balance, Coinstar operates in Canada too and seems to handle the magnetic currency OK. Metal change is inevitable. I'm not sure I favor steel, but Canada has a workable solution. I might favor some kind of Aluminum/bronze/etc. alloy that has better ductility and less corrosion.
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Moderator
 United States
188620 Posts |
Nonmagnetic steel is easily made. Are the steel based Canadian cents and nickels non-magnetic? I do not have any recent Canadian coins to test. I would hope that any composition change would happen before or after the 2009 cents are made. Who knows, maybe 2008 will have varieties? 
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Pillar of the Community
Canada
965 Posts |
jbuck - The copper-plated and nickel-plated steel coins up here are magnetic.
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Valued Member
United States
324 Posts |
But you're throwing much more money away by not using the dollar coin in ordinary circulation. Switching the coin for the paper bill saves taxpayers $700 million!
If you call yourself fiscally conservative, have you started using the dollar coin? They work in most vending machines I've tried and even the self service checkout lanes at stores.
We're the only country that does not use the $1.00 coin. How wasteful!
Edited by BluegrassRiver 05/10/2008 10:07 pm
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Pillar of the Community
United States
4868 Posts |
If the composition has to change, (which I feel it should), a good time to start would be with the 2010 Lincoln cents. I still think using the same blanks as Canada is a viable option.
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Moderator
 United States
188620 Posts |
Quote: jbuck - The copper-plated and nickel-plated steel coins up here are magnetic. Thanks for the answer! Was the change a problem for your vending industry?
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Pillar of the Community
Canada
965 Posts |
jbuck - I don't know. I just moved here about 5 1/2 years ago.
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Pillar of the Community
United States
543 Posts |
Wow this really stinks! I think I am gonna start hoarding zinc cents now!
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Moderator
 United States
188620 Posts |
Quote: jbuck - I don't know. I just moved here about 5 1/2 years ago. No problem. I see you are in TO. I have some friends in area (Richmond Hill, Markham), so I will have to find out what they know 
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Valued Member
United States
204 Posts |
Just one word - Plastics.
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Pillar of the Community
United States
543 Posts |
Soon inacoffeebuzz, but not yet, the mint isn't that cheap!
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Pillar of the Community
United States
581 Posts |
From everything I've studied, this talk about about coin counters and vending machines not working with a new composition of coin is ....
"The Sky is falling"..... "The Sky is falling"
In fact, this is not an issue.
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Member
United States
3242 Posts |
I have never seen a vending machine take cent low I have seen is a nickel. if the change weight sensor the should be a problem
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