http://news.coinupdate.com/transnistria-to-introduce-plastic-circulation-coins-4441/ I can't think of any other country that has issued official coins for circulation made of plastic since the material was invented. Closest I know of is the Keeling Cocos islands token issues of 1913. What do you guys think? The wave of the future or just a bad experiment?
We have been discussing those pieces here Transnistria introducing plastic coins and no, I don't think this is the future. Certainly not in countries where vending machines are used a lot. Bought some at a coin show in Houten, NL earlier this month, but simply because they are novelty pieces. Christian
So are TPG slabbing the plastic coins yet? Btw, I could see plastic being more and more popular for coins. The vending industry needs to move to a debit card model. With the push for higher minimum wages, I see Mcdonalds moving that way, you order your food, swipe your card, and one of two or three employees in the restaurant brings out your food.
Got my new debit card the other day, and its chip now also works with contactless (NFC) payments. And various smartphones have NFC functionality built in. That is (part of) the future, I think, not those casino chips from Pridnestrovia or Transnistria. Have not read any reports so far, however, about whether they work better than the bills. The plastic coins will last longer than paper, I suppose ... Christian
Since you mentioned tokens, a little more recent usage would be the plastic sales tax tokens issued by the states of Alabama, Colorado, Mississippi, Missouri, New Mexico, Utah and Washington between the years of 1935-1954. In all, over 1 billion plastic tax tokens were issued. Other non-metalic materials used for tax tokens were cardboard, pressboard, fiber, wood and paper.
If they do make plastic coins coin talkers are going to have to find a new saying for "buy the coin not the plastic"
unfortunately this is half way true. its not w/ currency but w/ plastic credit card(s) ... for some time i have been noticing about complaint(s) from gov ornment(s) around the world, complaining at it cost X amount to make currency. and they want to remove the physical aspect and go w/ a virtual credit ( as in no physical cash ) in making any transaction(s) .... which will be very uncool, IMO =0/
