Why can't the US Mint manufacture coins like Canada?

Because the Treasury Department and the US Mint is run by Political Appointee's who really don't have a clue what they are dping and don't want to rock the boat for fear they'll be found out.

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The US Mint figured out how to do that a couple decades ago.

 

Might be jinxing myself, but thus far I ain't received any of those 'milk maids' from the mint..........

 

Can you place all my orders from now on then?

 

The US mint is a part of govt, the Canadian one is private. Right? As far as I know, the latter reduces gridlock, which will give then more choices to act upon.

 

I guess the real reason is that there is no real need to do so. The last time metal composition was changed was when silver and copper prices went through the roof and material cost alone could have made the mint close its doors.

Unless something drastic like this happens or counterfeit coins appear in hoards, I cannot see any reason why the mint would do anything. After all, if it ain't broken, don't fix it!

 

Hosers can search for their coins with a bar magnet...cheaper than a metal detector!

 

Basically this is it. The Canadian mint is a crown corporation, they tell parliament what they are doing.
In the states, congress tells the mint what it can do.

 

I just happen to love their change better than US change. For whatever reason I'm not sure of. They just happen to be addicting to have by the bag-load, any denomination. And those $2 bi-metals I can never get enough of. They should mint our coins for us!

 

Not that I dislike food discussions but the "bacon/ham" posts are now here:
https://www.cointalk.com/threads/bacon-ham-co.280646/

 

What?! How?!

 

Moved.

Mod's Magic Wand ... The occasional off-topic reply is usually fine and would not be "touched" in a coin topic, but in this case it was about one third of the posts that went OT. So - coins here, ham in General Discussion.

Christian

 

"Why can't the US Mint manufacture coins like Canada?"


In the event that you are new to the US, please note that Canada is a different country.

 

... and of course the US Mint would never do what mints in other countries do. Is that what you are trying to tell us?

 

Well not until several (if not many) years later.

 

eh?

 

I was wondering why the fact that Canada is a different country could be an answer to the OP's question. Never mind.

Christian

 

IMHO, if the US Mint emulated the RCM:

+ No more 1 cent coins = good

- Milk spots on silver coins = bad

+ More commemoratives = good

- Too many commemoratives = bad / gimmicky

+ More proof-like strikes like the early modern and pre-modern silvers: good

- Modern strikes made similar to current US coins: bad

 

Only in honor of Monica Lewinsky.lol

 

Thin ice, Tim. Thin ice.