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The Next King's Definitive Set.

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New Member

United Kingdom
6 Posts
 Posted 10/31/2023  10:01 am Show Profile   Bookmark this topic Add grey beard to your friends list Get a Link to this Message Number of Subscribers
Just posted about the Charles III Definitive Set and it got me thinking....

I'm a year older than Charles, and I want to out live him, so I'm hoping he's got at least 20 years ahead of him (perfectly possible looking at his genetics).

Do you think that by the time the next king accedes, that we will still have circulating coins to put in a definitive set?

I'm fairly sure bullion coins will still be being produced. But coins for change?
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John1's Avatar
United States
56855 Posts
 Posted 10/31/2023  11:26 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 10/31/2023  11:39 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply


to the CCF!
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jbuck's Avatar
United States
188391 Posts
 Posted 10/31/2023  1:20 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Interesting question. In general, I am wondering how many years of circulating coinage there are ahead of us.
New Member
United Kingdom
6 Posts
 Posted 10/31/2023  3:56 pm  Show Profile   Bookmark this reply Add grey beard to your friends list Get a Link to this Reply
Thanks for the welcomes!

When the Big Issue sellers start taking credit cards you'll know it's all over for coins....
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Sap's Avatar
Australia
16827 Posts
 Posted 10/31/2023  9:49 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
They have been predicting the imminent demise of coins for a while now. While the eventual obsolescence of circulating coinage (at least, up until the next Dark Age) is near-certain given advances in technology, exactly when this happens depends on the society in question.

I think Britain is less attached to the continuation of coins than America is, for example.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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mike31093's Avatar
United States
354 Posts
 Posted 10/31/2023  10:05 pm  Show Profile   Bookmark this reply Add mike31093 to your friends list Get a Link to this Reply

Quote:
think Britain is less attached to the continuation of coins than America is, for example.


Interesting opinion and got me to to thinking about my own perceptions about coins.

In my teenage years, my pockets bulged with coins! I guess I would rather whip out paper money to pay for something.

For quite a few years I have carried very little cash on my person, paying by check or credit card. So I saw virtually no coins.

Now that I've inherited a coin collection, I back to handling coins. My favorite being silver dollars. They feel so good in the hand.

That said, do you think my history with coins is typical of Americans in general?
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Sap's Avatar
Australia
16827 Posts
 Posted 10/31/2023  11:50 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
That said, do you think my history with coins is typical of Americans in general?

The global trend is that younger people, and city-dwellers generally, are much more inclined to go cashless, since they're much less likely to encounter a transaction where cash is required or preferred. From my observations-from-afar, America still has a large and politically powerful "conservative rural" demographic, which is much less likely to trust in electronic money, and more suspicious of the potential for government/corporate surveillance that goes with it. Britain does not have that same strong conservative demographic and its people have shown much more tolerance for the encroachment of government surveillance into their everyday lives.

COVID has advanced the cause of cashlessness considerably; governments in many countries actively discouraged coin and banknote use, due to concerns over spreading the contagion, and many people who previously used to use cash a lot have discovered as a result that going cashless really is quicker and more convenient. We're probably ten years closer to the cashless economy than we were prior to COVID.

I have to admit, I myself use cash much less right now than I did prior to COVID. I just... got out of the habit of carrying cash around - during all the lockdowns I had no use for physical cash - and haven't found it necessary to get back in the habit again. I sold some coins a few months ago and they gave me AU$500 cash, in $100 notes. It took me months to get rid of it.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Slerk's Avatar
Russian Federation
1557 Posts
 Posted 11/01/2023  04:12 am  Show Profile   Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
You never know what will happen in 10 years, and you don't even know what will happen tomorrow. Never listen to people who say the opposite and know what will happen tomorrow or in a year.

I think there are still a lot of uneducated (in terms of electronics) people in the world and people with a conservative mindset who prefer cash. Yes, Europe may be moving towards a full cashless payment, but there are still a lot of countries in the world besides the UK and Germany. By the way, many people say that Russia in terms of the banking sector has moved a little forward in this regard than Europe and the North America. But I digress. I think in Africa and some Asian countries, cashless payment is still a privilege of wealthy people, the poor still use cash. Besides, every time I go abroad, I pay for all my purchases exclusively in cash, do you do the same?

Therefore, I think cash has about the same future as the theater. Everyone thought that he would die with the advent and development of TV, but the theater is more alive than all the living.
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