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 Replies: 64 / Views: 13,025 |
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Pillar of the Community
1325 Posts |
Everyone has color printers now and they don't just print dollar bills. Wonder why, oh the security measures. special materials and such. Just liek a bill could take special ink, so could a plastic coin. All they have to do is start taking all the soda bottles used and milk jugs for free materials to recycle to save the taxpayers, melt them to pellets like normal and them combine them with the "special ingredient". I know a mold for plastic has to last longer than a die for stamping does, why else would so many things be made from plastic now? Because it is cheaper than metalwork.
Initial cost of change is always great, then over time the cost comes down as the process is perfected. Watermarks like on bills, and other such things can be used on plastic coins.
When everyone had a 3d printer to make their own stuff, then money in general will become useless as people won't need to rely on those places that have the ability to make anything as it is. Why make fake money, when you can make a replacement part yourself? everything forma lightswitch to plumbing for home repair could be done cheap and easily. coins would be the last of people's worry because people would be lobbying against the loss of business for things.
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Bedrock of the Community
United States
20753 Posts |
Now picture this. You have a meal safe in your house or store. It is full of plastic coins. Now there is a fire and the safe gets really hot. Later you open and find a pile of plastic that was once coins.
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Pillar of the Community
United Kingdom
2875 Posts |
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Everyone has color printers now and they don't just print dollar bills. Wonder why Probably because they are not make of plastic for a start. |
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Pillar of the Community
United States
1132 Posts |
"A penny will not buy a penny postcard or a penny whistle or a single piece of penny candy. It will not even, if you're managing the U.S. Mint, buy a penny."
~P. J. O'Rourke
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Pillar of the Community
United Kingdom
837 Posts |
Quote:
Now picture this. You have a meal safe in your house or store. It is full of plastic coins. Now there is a fire and the safe gets really hot. Later you open and find a pile of plastic that was once coins.
 Thats precisely what I was thinking ! While plastic coins could be possible in the future I doubt they are probable because there is still steel and aluminum  ; both are dirt cheap  ......plastic may be cheap but once security and anti counterfeiting features are added I doubt it will be cheaper than good old steel core plated coins .... One other con about plastic coins is that they wont sound right in the pocket compared to the jingling sound of metal coins Edited by DaytR
08/24/2014 2:14 pm
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Bedrock of the Community
United States
20753 Posts |
Some time back there were things called Mills. In Missouri they were made of both metal and plastic. The ones made of Plastic were for $0.001 and the metal ones were for $0.005. They were actually called tax tokens and used for sales taxes. Difficult to even imagine but at one time a sales tax could be less than a Cent. I've got a roll of them and the most of the Plastic ones are warped. Don't know how or why, but warped.
I wonder how much a $100 plastic coin would weigh?
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Bedrock of the Community
Australia
21788 Posts |
@ jbuck: I will ATTEMPT to prove it!
One of my acquaintances owns quite a large injection moulding business.
The ball is now in my court.
I will have to ask him!
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Pillar of the Community
United States
1158 Posts |
If it comes to plastic coins, that means the denomination is so invaluable as to make the coin superfluous. No reason to even "mint" them. Penny and nickel are already worthless.
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Pillar of the Community
Australia
2830 Posts |
I reckon that a lot of the criticisms that can be made of plastic coins, cannot be made so readily of ceramic coins.
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Pillar of the Community
1325 Posts |
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It is full of plastic coins. Now there is a fire and the safe gets really hot. Later you open and find a pile of plastic that was once coins. Yeah, you are going to be more worried about putting coins in a fire-safe environment than all the other things you have made of plastic? Metal coins have a certain feel about them and I doubt people would collect rolls of plastic pennies for long term. Maybe a collection of world plastic coins or something. But the old trick of buy it in the backyard would work better for plastic coins since well they would be less affected. The coffee can you buried them in would be gone before the coins, and you can just throw the plastic coins in the dishwasher and CLEAN them. Quote:
If it comes to plastic coins, that means the denomination is so invaluable as to make the coin superfluous. No reason to even "mint" them. Penny and nickel are already worthless. Last first, they are not worthless otherwise there would not be a law stating you cannot melt them down. first last...it just means that metal is no longer needed in coins since we got of a metal standard and for the longest time metal was the longest lasting material we had which to make coins out of. Modern tech has made MANY more things that last longer than metal, so why don't we put them to use to make this useless money with? Why keep using finite resources to make money when you are no longer bound to those resources as collateral for the money? Just make it out of something that will last longer, costs less to make, and that we have more than enough of via recycling? Quote:
ceramic coins ceramic coins would cost more to make than metal coins. |
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Pillar of the Community
 Canada
2805 Posts |
10 Transnistrian rubles is about 90 cents U.S., so don't imagine a plastic penny - imagine a plastic dollar coin.
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Moderator
 United States
188440 Posts |
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@ jbuck: I will ATTEMPT to prove it!
One of my acquaintances owns quite a large injection moulding business.
The ball is now in my court.
I will have to ask him! Do let us know. Soup to nuts, including logistics. Quote:
Some time back there were things called Mills. In Missouri they were made of both metal and plastic. The ones made of Plastic were for $0.001 and the metal ones were for $0.005. They were actually called tax tokens and used for sales taxes. Difficult to even imagine but at one time a sales tax could be less than a Cent. True. They disappeared and we got used to rounding to the nearest cent. Get rid of today's mill (the cent) and get used to rounding to a nickel. |
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Pillar of the Community
United States
1476 Posts |
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Pillar of the Community
United States
1158 Posts |
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Last first, they are not worthless otherwise there would not be a law stating you cannot melt them down.
first last...it just means that metal is no longer needed in coins since we got of a metal standard and for the longest time metal was the longest lasting material we had which to make coins out of. Modern tech has made MANY more things that last longer than metal, so why don't we put them to use to make this useless money with? Why keep using finite resources to make money when you are no longer bound to those resources as collateral for the money? Just make it out of something that will last longer, costs less to make, and that we have more than enough of via recycling? You cannot buy anything with one penny and one nickel. Heck, you can't even buy anything with a handful of pennies. It took 30 nickels just to buy a drink out of the coke machine at work. It would take over 600 pennies to buy a fast food lunch at McDonald's. That makes them functionally worthless and that's why most people never spend pennies or nickels, they just throw them in a jar or leave them in the penny cup. I don't really want a 10 pager on that one again, though! What was the last thing you bought with only pennies and nickels? Plastic does not last longer than metal, nor is it more recyclable, nor is it an infinite resource. Not sure what you mean, there. |
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Pillar of the Community
United States
5853 Posts |
Poker chips, anyone?
I can't help thinking that plastics are made from petroleum and we are at (or near) peak petroleum production in the world. Sooner or later we will run out and these plastic "coins" might someday (hundreds of years in the future) have more intrinsic value than silver and gold coins today. Wouldn't that be a hoot if people started buying old plastic coins just so they could be melted own and turned into something else?
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Replies: 64 / Views: 13,025 |
First Page
Posted 08/24/2014 11:54 am
