Alloy Changes for US Coins

Yes they do, but in your scenario, every person in this country would need to have a card reader and bank account to deposit to for every transaction from yard sales to drug deals to coin sales. Visitors to this country would have to have them also.

Would you want the government to be able to track every sale and purchase, no matter the size, you make?

Cash was, is and always will be, king.

 

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BTW, why doesn't Coin Talk have a "CANCEL" button for those times where you thought you wanted to reply but then changed your mind? (Like right now!)

 

Yep, the cell phones could even have a built-in card reader.

 

Well, like I said, it is the “inevitable”, it’s where we will be someday, as that’s what the government wants. I don't see a problem with international transactions, they're done now with credit cards, etc. As for illegal activities, I hate to be one of those that says “I have nothing to worry about”, in order to justify giving up a civil liberty. But, I don’t know, is it really a civil liberty to require the government to produce a means for one to conduct an illegal activity? I would imagine illegal activities would still be conducted with pm’s or other commodities.

See previous post => card readers built into cell phones.

 

yeah, that sucks, been there.

 

I seriously doubt the US Mint will ever produce another coin actually worth collecting, so what they make them out of is a non-issue. Recycled soda cans, recycled milk jugs, whatever.

 

if only they released something worth my time.

 

It's bad luck to not pick up a found coin. My son told me that, so it must be true.

 

Yeah, the worse the circulating coins get, the better the collector only mint products look. Even after we move to a cashless society, the mint could still continue its most profitable activity, numismatic products.

 

Anyone see the movie In Time, where we’re all paid with time on our lives. You have to earn more time and get some gizmo on your wrist recharged with time before you expire. The wealthy have time on their accounts to live 100’s of years, but the rest have only a day to a month, so they have to make sure they work or.............. Crazy form of money, huh?

 

Love that movie!

 

That's true. Although, while I have my share of proofs and commemoratives, I don't get the same level of satisfaction from them that I do with coins that were expressly made for the purpose of being genuine, circulating money. Maybe that's just me.

 

There is a wide range of perfectly legal activities that, for one reason or another, you do not want to be tracked, recorded, etc. At least in the world where I live there is.

Christian

 

Many collectors feel that way. I certainly like the classics, but the news stuff “grows on me” more & more every year.

 

Yeah, I don't know, I don't care if they track my purchases. Most already are, as they're not for cash and many cash transactions are tracked. Maybe they'll continue to figure out what I want and offer it to me.

 

or take it from you

 

That's certainly a possibility, with or without cash, maybe easier without cash.

 

Did anyone have their wrist gadgets hacked? "thirty seconds"

 

I don't think that changing the alloys will affect future collecting. I collect coins from the German Empire through the Weimar Republic to the Third Reich. Everything from silver to aluminum and zinc were used and I still want one of each. In fact, my favorite coin my collection is an aluminum 50 pfennig piece.

They probably said the same things when nickel alloy 1 cent pieces were introduced. But how many of us would turn down an 1856 Flying Eagle cent? In twenty years there will be a whole generation that will know nothing about "pennies" and I bet they will survive quite nicely.

 

Well, you didnt quit when they switched from copper to zinc....