This is? And this photos is.......of what? Plastic? Chocolate? Soy bean squeezin's / plus there is little difference between those three these days. Why not fiat stuff? Would they have to put an expiration date on them before we should no longer eat them safely? So many question, I know.
Chris, the US Mint has not sold bags or rolls of nickels since 2006 with the introduction of the Return to Monticello design.
Not as long as their are coin collectors and if you cannot tell a counterfeit from an original, you should change your collecting preferences and/or take your numismatic examinations a bit more serious.
To some yes, to the more astute, no. Try finding a 1965, 1966, or 1967 Washington Quarter that'll grade "MSanything" from bank rolls or pocket change. Try buying a 1969-D Type 2 Washington. Anywhere. The clad coins were snubbed by the collecting community meaning that few individuals had the collecting forsight to set them aside. The net result was the creation of some Modern Rarities. Especially in the Washington Quarters Arena.
I've still got the 2006 RTM bags I got from the Mint, but I cancelled all of my subscriptions and stopped buying Mint products altogether in 2008. Chris
I think it's inevitable and a good thing that the composition of the nickel and the cent will change. (Actually, the cent should just go away, but that's another argument.) Making several billion coins for more than what they're worth is a waste of money, and that's the last thing the government needs to do. However, keep in mind that whatever they decide to use will need to work in vending machines -- maybe not the cent so much, but definitely nickels. They'll need to make sure that whatever they change the nickel into weighs roughly the same and has about the same magnetic signature. Any change they might make to the metallic composition of these coins will have no effect whatsoever to collecting -- unless the coins look noticeably different, in which case there may be a short term upswing. I do not expect to ever see aluminum coins circulating in the US; they're too light and unpopular.
At some point the vending machine lobby has to be broken. They have driven the mint rather than reacting to it. The mint's only job should be to satisfy the monetary needs of the public in a fiscally responsible manor. I personally think the zinc coated cent is destined to quickly corrode regardless of attempts at preservation. By 2082, it will be harder to get a problem free zincer than a problem free 1793 as difficult as it is to find those. But I could be wrong.
ps This is from observation of the two groups of bulk coins I've accumulated and divided into pre 1982 and post 1982 piles. My wheaties are in better shape than the post 1982'S.
Considering the large public use of vending machines, satisfying vending machines is a major portion of satisfying the public.
It's not a matter of the vending machine lobby; it's a matter of compatibility and practicality. Just consider -- what would happen if they decided to change the size of the quarter? Every single machine in the country would have to be retrofitted or replaced. That is, at best, an enormous cost. And all of us (edit) except for you use vending machines all the time. I agree that the mint's only job should be to satisfy the monetary needs of the public in a fiscally responsible manner. Making cents and nickels out of the materials they're made of now is not fiscally responsible. However, a change that would require retrofitting every machine in the country is equally fiscally irresponsible; it would in fact be an unfunded mandate to a segment of the private sector. As for zinc cents, I don't like them either, but I don't think there was any planned obsolescence involved. If they switch to bronze plated steel, that takes care of most of the problems we have. Of course, if they dump the cent entirely, it takes care of all of them.
You got bigger cajones than me! I threaten to do it all the time but I know as soon as I do, they'll go and make some other big dumb mistake like they did with those 2008 Rev 2007 SAE's! If you folks want modern rarieties, just send me some money to cancel my subscriptions! I could almost guarantee it!
Personally, I don't see this as a big hold up for future change. They squawked and screamed in 1964 and again with the SBA yet refuse to do anything proactive except complain and lobby to keep it the same. They only care about their bottom line and profit margins and don't really care if it costs the country money. To me, thats not right and if the US Government mandates the change then they either adapt or sink. Sound unfair? Don't mention unfair since the government enabled lending practices and lack of regulation enabled this latest credit problem causing many millions of American's to lose "value" on their private residence's. How would you feel if the home you've lived in for the past 20 years suddenly dropped in value by $200,000 dollars because folks simply were not able to buy anymore? Newsflash - THE WORLD IS UNFAIR! Either get with the program or find something else to do. Politicians - Either get with the program or find something else to do!
I disagree. Vending machines could be retrofitted and labeled to encourage the use of either dollar bills (most are anyway) or dollar coins and then give change as needed. At some point, not accept anything less than a buck but give change as needed. Folks that get sucked into this "vending machine lobby" need to remember that these machines are gonna get replaced ANYWAY as they break down. There is no reason at all why this has not already been addressed either through visual recognition software (such as what's used on bills) or something else. They just want to continue in the vein they have been in for the past 40 or 50 years and damn the costs to the government. The exact same arguments are used against eliminating the penny (cent) and paper bills. Right up to the point where the income tax comes due! And then, the US Government has not done enough, is wasteful and all sorts of other complaints! Sometimes, change simply needs to be mandated, otherwise it will never happen. Look at the MPG of automobiles! Auto Manufacturers had fits over those laws but look where we're at today. 21 mpg seems to be the norm yet a scant 40 years ago, was limited to VW's and tiny imports. Change can be for the better yet most folks would rather die doing the old way than change. Let's make some changes.
State government entities in this country had figured out how to utilize cardboard (both printed and embossed) years ago during the tax token era (30s & 40s). State issued tax tokens were also made of aluminum, brass, zinc, pressed fiber (many colors), plastics (many colors and shades - opaque, translucent & transparent), copper, copper-nickel, steel and even paper. In addition, rubber of a variety of colors was used by non-government entities.
Someone will always want to collect every variety. Just look at stamps. And they are made of paper ! Obviously, no government is going to produce coinage that has more metal value than the tender value. Of course, this just adds more varieties to get. I thought my 1938-64 Jefferson set was complete, Then I got a Cherrypickers guide. So now I am back to work on it. There will always be insane people. LOL