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All Forums Category: US Coins and Currency Forums Forum: US Modern Coins

Debasement Of US Coinage - Speculation

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Chadwick
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 Posted 03/16/2011  09:31 am Show Profile   Bookmark this topic Add Chadwick to your friends list Get a Link to this Message Number of Subscribers
The Obama administration has apparently reached out to the US mint to evaluate alternative materials for minting US coinage.

Alternative Metals Study
Solicitation Number: USM-HQ-11-0040-1
Agency: Department of the Treasury
Office: United States Mint (USM)
Location: Manufacturing Procurement Branch

So now that we know its not a matter of if, but rather when coins will be debased, my question is what do we think the new material will be?

Tungsten
Alum
Steel?

Or perhaps something more creative?

Ceramics
Plastic?

This is a speculative discussion of course. But it does make me wonder if I would even bother to collect new coinage if it is further debased. I mean if the quarter is made of steel, then would a machine vender no longer mind if you stick slugs in the pop machine?
jbuck
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 Posted 03/16/2011  09:39 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Ongoing discussion is here...

https://goccf.com/t/83457
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