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An Argument For The Adoption Of Titanium Coinage

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Valued Member
United States
436 Posts
 Posted 01/02/2010  4:17 pm  Show Profile   Bookmark this reply Add coretj to your friends list Get a Link to this Reply
No I was thinking more of a Tesla coil coming up from the bottom with the denomination below the "Sphere" and the lightning bolts going up to form a roman numeral "V" with a bust of Tesla on the obverse
Valued Member
United States
436 Posts
 Posted 01/02/2010  4:33 pm  Show Profile   Bookmark this reply Add coretj to your friends list Get a Link to this Reply

Quote:
That's why the only things titanium is used for these days are specialist applications where money is no object and it can't really be replaced with anything else (like surgical implants and spaceship parts).

I'm wearing a titanium wedding band right now. So do most of the guys I know that work with electricity or in construction. And here is a bonus for everybody out there.....They are less expensive than Silver plated rings of the same design. Oh and they last forever, don't warp, don't tarnish, don't rust, are nonferrous, are light weight, hypoallergenic, and won't turn your finger green. My wife and I got our Titanium set after a friend of mine destroyed his ring on the job, it too got deformed to wear. We got our rings at Walmart for 30 bucks. We still have our "Traditional" rings but we keep those mainly for special events.

Titanium has also been used on the outside of buildings near the ocean (to prevent corrosion), in electronics, and on kitchen appliances (because it doesn't show finger prints). So if it is SO difficult to work with why is it so widely used in everyday life? And Why is it so inexpensive?
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DNA's Avatar
United States
2734 Posts
 Posted 01/02/2010  9:42 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
Vending machines have had magnets in them (to detect and reject
slugs) since the early 1900's, which is a 'crude' form of detecting a
magnetic signature, but yes electronic interfaces to fine-tune the
detection of magnetic signatures are a more modern feature.

There's a beautiful restored antique 5˘ vending machine (made in 1937)
sitting in an antique shop here in Denver, and it has an electric
magnet in its innards (which you could call 'electro-magnetic' ).

Yes, it accepts current Nickels (which are 'the same' to the machine
as the Buffalos it took when new). It's for sale, and is thus not
vending product, but the selected number mechanism works when a
Nickel is inserted.

Since coretj infers that a 38mm titanium coin would weigh about 11
grams, that would be about half the weight of a cupro-nickel Ike.

I had previously suggested on CCF a large $20 modern Liberty design
cupro-nickel coin made specifically for 'limited circulation' use
(base metal, matte finish, 10M per year target mintage). Collectors
could use them as 'poker chips', or spend them to promote the hobby.

Since this forum is full of people who have hoards of Ikes accumulated
from circulation (myself included!), some posters immediately
suggested the possibility of using Ikes in vending machines
that were made to accept such $20 coins.

I proposed 75% Copper and 25% Nickel for both durability and to
differentiate its metallic signature from Ikes. However, the weight
difference from a CU-NI Ike would indeed be very slight. Electronic
sensing would have been crucial in that case. Adding a mix
of titanium to the core would increase durability and reduce weight,
and an outer cladding of 75%CU/25%NI would be quite durable and
retain a 'traditional' coin appearance. ( A 100%TI coin would
obviously be closer to 'gunmetal gray' than CU-NI coin finish. )
Edited by DNA
01/02/2010 10:09 pm
Valued Member
United States
436 Posts
 Posted 01/02/2010  10:06 pm  Show Profile   Bookmark this reply Add coretj to your friends list Get a Link to this Reply
Titanium is actually kind of a dull silver color... but if it was coated in nickel it would still be very shiny and very light
Bedrock of the Community
United States
20753 Posts
 Posted 01/03/2010  10:35 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
As DNA pointed out the coins do not have to be made of pure anything. Metals can and are mixed all the time. Our Nickels now are made of mixed metals. Titanium could be mixed with almost anything to make it softer, lighter, harder, heavier, spongy, bouncing, stretchable, etc. A little exageration but miscellaneous mixtures could be done for numerous results. Even Radium could be added so they glow in the dark. Now when you drop a coin, it would be easy to find.
Regardless of any new materials used in coinage it would eventually just be fazed out since most coinage and most monitary systems will soon enough be replaced with all electronic systems.
Valued Member
United States
436 Posts
 Posted 01/04/2010  02:03 am  Show Profile   Bookmark this reply Add coretj to your friends list Get a Link to this Reply
I don't think Coins will be phased out in my lifetime.. and if they are ... all of the older coins will be more valuable. especially the new Titanium Coins
Edited by coretj
01/04/2010 02:04 am
Bedrock of the Community
United States
20753 Posts
 Posted 01/06/2010  11:29 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
I don't think Coins will be phased out in my lifetime.. and if they are ... all of the older coins will be more valuable. especially the new Titanium Coins


Don't know about your life time but in many places already coins and almost all paper money is slowly fading away. My Son carries hardly no cash of any kind. He learned that in college where most kids today do not need money. There he had a food plan, laundry was done with a plastic card, etc. He showed me when he fills his car with gas he just uses a card right at the pump. All tolls are done with a thing on his winshield for IPASS lane usage. He uses credit and debit cards for all purchases including restaurants. Many people I know are really getting to be similar.
In the near future trading with other countries will most likely all be done by computer since converting any monitary system is time consuming and not always accurate.
YES, the present coins will then really be worth a lot more.
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Ferret552's Avatar
United States
168 Posts
 Posted 01/06/2010  12:39 pm  Show Profile   Bookmark this reply Add Ferret552 to your friends list Get a Link to this Reply
Agreed. As a college student I have probably used cash 5 percent of the time. More often than not it's by card. Nowadays you can put cash not only in the usual places, like credit cards and check cards, but also in student IDs and the like. Even the vending machines at my school take student ID cash only! Pretty soon we're going to just end up with a stack of cards, and that may be it.
Valued Member
United States
436 Posts
 Posted 01/06/2010  2:01 pm  Show Profile   Bookmark this reply Add coretj to your friends list Get a Link to this Reply
I know what you mean, I've actually been at a corner store where I tried to pay with cash and the girl behind the counter looked at me funny, had to cancel the sale that she had already rung up as credit/debit. Re-entered the order, then opened the register and needed help getting the right change.

You want to know the REALLY sad thing, she was in college... which means she graduated High School without basic math skills.
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jbuck's Avatar
United States
188660 Posts
 Posted 01/06/2010  5:04 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I find myself using electronic payments for almost everything now. It is just more convenient when one is always on the go. The down side, of course, is that it has really slowed my circulation finds.
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chequer's Avatar
Canada
4227 Posts
 Posted 01/06/2010  5:19 pm  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
Sadly, I rarely ever use cash. It's just so much easier not to and there are very few places where cash is the only option (I can't think of any off-hand ... maybe occasionally for gratuities). It does suck for finding anything in circulation though.
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lilaznkev1n's Avatar
Australia
126 Posts
 Posted 01/06/2010  6:39 pm  Show Profile   Bookmark this reply Add lilaznkev1n to your friends list Get a Link to this Reply
If it was up to me to decide, I would support your idea and start minting titanium coins.
Valued Member
United States
436 Posts
 Posted 01/06/2010  6:57 pm  Show Profile   Bookmark this reply Add coretj to your friends list Get a Link to this Reply
So how do we go about petitioning congress and the mint to come up with a titanium coin?
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DNA's Avatar
United States
2734 Posts
 Posted 01/06/2010  7:13 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
I pay cash for all my in-person transactions!

At Walgreens last week, their credit/debit card system was down,
there were seven people 'ahead' of me, who had to just stand there
and watch as I paid cash for my prescription, and I merrily
walked out the door as they stayed right in the line waiting.

Cash:
1. Always works!
2. You know when you're broke!
3. 0% Interest, period
4. No data mining by card companies (I know people who pay cash for
their liquor & cigarettes, but use their card to buy everything else!
Guess why?! )
5. Two local coin dealers regularly have 'cash-only specials'!
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jbuck's Avatar
United States
188660 Posts
 Posted 01/07/2010  09:53 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
3. 0% Interest, period
Not always. If you hold on to it long enough, inflation will take care of that for you.

Quote:
4. No data mining by card companies
There are some places I will never use my credit card. Not so much for being traced to the location (a cell phone will already get you caught) but because I do not trust them with my data. For example, I will never use electronic payment at any TJX retailer.

Quote:
(I know people who pay cash for their liquor & cigarettes, but use their card to buy everything else! Guess why?! )
Probably to keep their employer, spouse, doctor, or insurance carrier from knowing!

I do keep cash on me, it just takes me longer to go through it than I used it. A few years ago, I went to the ATM every week. Now it might be once a month.

By the way, I like the new avatar!

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