| Author |
Replies: 70 / Views: 3,343 |
|
|
|
Pillar of the Community
United States
3739 Posts |
Quote: I agree. Never give up a cash cow. After the Mint's " Comic Art and Coin Collection" series, a literal cash cow series wouldn't be udderly ridiculous. It might be a moooving experience. Think of it as a complete redesign of coins and currency. It might be the best thing we ever herd of. And just imagine the store clerk saying "that will be twelve cows and seventy five calves, please." 
|
|
Moderator
 United States
195830 Posts |
At that point, I would just have to ride it until the end. 
|
|
Pillar of the Community
 United States
5296 Posts |
As long as laundry machines take quarters, I need quarters. The dime can go away AFAIC. No dollar or twollar coins, ever.
|
|
Moderator
 United States
195830 Posts |
Maybe the laundry machines should start taking dollar coins instead of quarters... 
|
|
Moderator
 United States
107255 Posts |
Quote:Maybe the laundry machines should start taking dollar coins instead of quarters...  Hmm, good idea  Just not mine if you please. 
|
|
Pillar of the Community
 Canada
1811 Posts |
Quote: After the Mint's "Comic Art and Coin Collection" series, a literal cash cow series wouldn't be udderly ridiculous. It might be a moooving experience  All too true! .. 
|
|
Pillar of the Community
 United States
2124 Posts |
The September 10 Greysheet published an update germane to this discussion: https://www.greysheet.com/news/stor...production/0Excerpt: Quote: Because the nickel is a repeat offender in excessive production cost, H.R. 3074 proposes steps to reduce the cost of producing the coin. The five-cent coin is currently composed of 75% copper and 25% nickel, as mandated in the Coinage Act of May 16, 1866. Under the proposal, copper would be replaced by zinc and the final composition percentages would be determined by the Secretary of the Treasury after extensive study and appropriate testing.
According to the Mint's annual report, "FY 2025 average spot prices for nickel were $15,441.57 per tonne, average zinc prices were $2,839.69 per tonne and average copper prices were $9,453.50 per tonne." The report gives clear indication that zinc is a more cost-effective solution that could bring production cost in line.
The measure cites a need to ensure that the new composition "has a minimal impact on machines designed to accept coins."
" Even a clock that's stopped is right twice a day. "
|
|
Pillar of the Community
United States
2719 Posts |
Quote: After the Mint's "Comic Art and Coin Collection" series, a literal cash cow series wouldn't be udderly ridiculous. It might be a moooving experience. Think of it as a complete redesign of coins and currency. It might be the best thing we ever herd of. And just imagine the store clerk saying "that will be twelve cows and seventy five calves, please." okay, let's milk this for all it's worth or put it out to pasture, although I'm not sure everyone knows what's at steak here. we don't want to see anyone get barned. 
|
|
Moderator
 United States
195830 Posts |
Quote: The September 10 Greysheet published an update germane to this discussion: 
|
|
Moderator
 United States
195830 Posts |
Quote:okay, let's milk this for all it's worth or put it out to pasture, although I'm not sure everyone knows what's at steak here. we don't want to see anyone get barned. 
|
| |
Replies: 70 / Views: 3,343 |