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Coins Act To Be Reintroduced In Early May

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Pillar of the Community
nalaberong's Avatar
Canada
2805 Posts
 Posted 04/30/2013  9:38 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
Our multi-ply plated steel holds up pretty well. In spring, you can usually find a few dimes that have rusted at points of high relief (mostly the date), but I haven't seen any really wrecked ones. But I don't get how magnetic coins would "ruin the uniqueness" of those steel cents - they'd still be the only cents to be steel-gray on the outside...

Keeping the magnetism of our coins "standard" has been a lost cause since 1922, though. Since then, the nickel's gone through about six composition changes, the Mint made steel-clad and zinc-clad pennies in the same year for most of the last decade, and once-silver coins are now magnetic nickel or steel. Even more annoying, the nickel halves and voyageur dollars are smaller than their silver predecessors, making roll-searching a waste of time (if you could even find a voyageur dollar roll in the first place!). At least all this re-adjusting has made room for as many stupid "change" puns as you can think of.
Pillar of the Community
708 Posts
 Posted 04/30/2013  11:24 pm  Show Profile   Bookmark this reply Add Fox to your friends list Get a Link to this Reply
nalaberong,

I figured your Multi-ply steel coins worked well, and I did have a concern about rust, with the base metal being steel, but I figured obviuosly, the Royal Canadian Munt knows what they are doing, and what metals to plate the steel with, which is why, I kind of think that the U.S. should do the same.

As for the steel 1943 war Wheaties, they would still be unique, seeing as, we would have COPPER-plated steel cents. NOT "zinc"-plated steel this time, and also, there are places that already sell copper-plated, zinc-plated steel 1943 pennies anyway, so whats the big deal?
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 04/30/2013  11:36 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
But I don't get how magnetic coins would "ruin the uniqueness" of those steel cents - they'd still be the only cents to be steel-gray on the outside...


Because those cents were made that way because of a metal shortage due to WWII and needing the metals for ammo. There is a very good story behind their existence as opposed to just because we wanted too. Making everything else look like them because we want to takes away from their uniqueness because all coins would look like them instead of being a stand alone.

@Fox
No one wants all steel coinage because itd all look the same and not hold up that well. The Steel cents are really hard to find that look great that havent been replated compared to their peers. You can find great looking Walkers for example from the same year pretty easy.

But also when your talking about larger steel coins it will look more like you just ripped off a hardware store than anything especially when you talk about halfs which the public doesn't readily accept in the first place. Theres no reason to touch the half in terms of composition anyway since the mint sells them at a collectors premium, quarters and dimes make money as well when theyre minted so the need isn't there either.
Pillar of the Community
708 Posts
 Posted 05/01/2013  12:28 am  Show Profile   Bookmark this reply Add Fox to your friends list Get a Link to this Reply
basebal21,

All of our silver-colored cupro-nickel coins look about the same as well, whats the point of saying nickel-plated steel would look any different? It would be pretty close in color if nickels, dimes, quarters and halves were multi-plated like Canada's coins, and maybe they could even cupro-nickel-plate them, if its so sentimental to most people.

But like I said, why not STAINLESS steel so that the coins would not rust if you used the right grade of stainless. If they want to save money, I don't see why they can't have cheaper metals that at least don't rust when the plating wears of, like steel would.

Also, if the quarter and dime are still making the U.S. Mint money by making them in their current composition (which I KNOW they are) why would these Congess people be trying to change them to steel? The only reason I read was, to save money, but that really doesn't justify the change, I'll be honest with you and agree with you there.
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 05/01/2013  12:43 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
No offense to the Canadas but their coins dont feel much like coins with how light some of them are. I personally like money that feels like money and would be done collecting moderns series if they make them into those light weight coins. More and more people are using credit cards anyway and some massive over haul may just push more people to that and/or stop people from collecting moderns.

Theres no good reason why congress does half the things they do. Maybe theres a steel plant in his district, maybe he put all the coins in there knowing that people would oppose it and he could "compromise" removing some coins from it getting exactly what he wanted in the first place. Theres no serious movement about it anyway, its like two people who introduced it and this doesn't even crack the top 100k for weirdest bills that have been proposed.
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