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 Replies: 51 / Views: 4,727 |
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Pillar of the Community
 614 Posts |
 That was my main reason for starting this.  |
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Pillar of the Community
Australia
7096 Posts |
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I like the heavier weight of the older coins and really hate some of the new lightweight metal type coins I've come across from other countries
I Aus the currency was debased to 50% silver in 1938, It was then minted in 75% copper 25% nickle in 1968. the florin was replaced by the 20 cent coin. All the florins Stirling,50% silver and the copper/nickle 20 cents are the same weight of 11.31g. The shilling which was replaced by the 10 cent coin are all the same weight of 5.66g as well. The sixpence however when replaced by the 5 cent coin is actually 0.01g heavier. So they feel the same weight in hand as the old coins  |
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Bedrock of the Community
13014 Posts |
Trout very nice. I like that they at least kept the weight the same.
I think the one I can think of is the canadian penny where it just feels like nothing in your hand and almost like its a play chip from a board game as opposed to a coin. It may not be the penny as I'm not that familiar with canadian coins but its definitely a canadian coin I am thinking of
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Pillar of the Community
Canada
1411 Posts |
Modern or an older one?
Modern
10 cent (dime) is very small (same size as an American dime though)
Antique
5 cent was very small (nicknamed fishscale)
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Bedrock of the Community
13014 Posts |
Windchild honestly couldnt tell you dont know enough about them. Very light coin believe there was a picture of the queen on it if I remember right. Ill have to see if I can find it somewhere I dont think I spent it
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Pillar of the Community
Canada
1411 Posts |
Our modern coins are the same size as the american ones or just a little smaller/ a little less weight.
Edited by Windchild
06/14/2012 9:20 pm
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Bedrock of the Community
13014 Posts |
Wind it may not actually be a large difference but it definitely feels like it. Maybe its the metal type too
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Pillar of the Community
United States
1796 Posts |
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But, I don't like carrying $1 dollar coins in my pocket. Imagine $5 & $10 coins in your pocket. What we really need to do is perhaps get circulating coins down to the physical sizes of what the currency *used* to be worth. For example from 1920-1950 these coins were worth *approximately* these values in modern currency: Penny -> Dime Nickel -> Half Dollar Dime -> $1 Coin Quarter -> $2.50 (Quarter Eagle) Half Dollar -> $5 Bill Dollar -> $10 Bill I'm for starting bills at $20 as everything else, nowadays *is* pocket change. :-) A little silver in there wouldn't be uncalled for. Thoughts? Edited by SteveCaruso
06/14/2012 10:39 pm
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Bedrock of the Community
13014 Posts |
Steve my thoughts to that would be it will never happen.
However its not a terrible idea. From a purely buying power standpoint nothing below a quarter should exist and that would really just be to make change and tolls.
It just kind of hit me that maybe one of the reasons why we havent dropped certain coins like in the past aside from being used to it is the emergence of credit cards. In the past everything had to be done with money so it was necessary to make it stay current where now there so many different ways to pay you can pretty much argue it doesn't really matter
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Pillar of the Community
United States
3294 Posts |
I wouldn't be opposed to some silver based monetary system personally. All I am saying is that it would be neigh impossible to get any government to exchange the current system where they can simply print their way out of debt for one where they do not have that ability.
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Bedrock of the Community
United States
10038 Posts |
Not that I stand for everything this man does/believes in , but the founder/maker of Liberty Dollars tried to make a silver currency. The problem is that it went over so well that the government saw the threat he was to their power and illegally raided him accusing him of counterfeiting coins. At the trial, the prosecutors showed altered pics (sizes) of of US coins to make their case. As an example, they enlarged a Mercury (OK...Winged Liberty!) dime pic and put it right next to a pic of one of his Liberty Dollars - a much larger, 1 oz round of silver! I live in an area where people freely used his currency alongside US money. People gladly accepted his coins. When the price of silver went up, the coins disappeared from circulation. But for the long time it lasted, people liked having a real piece of value in their hand. Other systems are out there that do the same thing. But b/c this guy got so large, the feds went after him. They do not want to lose their ability to have a magic money machine where they can just print anything they want to. They are addicted to it. The power it gives them is addicting, phenomenal, and frightening. You REALLY expect spend-happy "cash-druggies" to hand over their power and control? How many people nowadays, when handed a no-limit credit card, being told they can spend whatever they want with no personal accountability, would ever say, "No thanks," and give it back? Should we? Yes Will we? Not without a major reckoning happening first that will crush the entire world economy (reminds me of the book of Revelations). |
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Pillar of the Community
United States
802 Posts |
This will never happen. The government can print money and lie about inflation and numbers right now manipulating the numbers to suit their needs. If there is a gold standard (or silver standard) they wouldn't have as much ability to do this, causing them to responsible, which will never happen.
It should be how it is, but it won't happen.
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Moderator
 United States
189222 Posts |
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The U.S. was never on a silver standard... I do not think this true, as I believe the 1792 Mint and Coinage Act specifically stated a silver standard. Maybe Conder can confirm this, because I know he knows. |
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Bedrock of the Community
Australia
21788 Posts |
I would defer to others re easlier U.S. financial history.
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Moderator
United States
189222 Posts |
Sel, I would still wager that you know more about US history than most Americans. |
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Replies: 51 / Views: 4,727 |
First Page
Posted 06/14/2012 8:05 pm
