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Alright JA, let's get organized, dammit.
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<p>[QUOTE="dougsmit, post: 2249483, member: 19463"]I have to wonder if fifty years from now it will hard to find the plated coins. If history doubles back on itself and people start collecting from circulation again the way we did 60 years ago, you won't be able to assemble a set of Lincoln Memorial cents for the lack of 1982 and later coins in presentable condition. We still get coins from the 59-82 span that look presentable but plated go straight from shiny to ugly in a very short time. I suspect that it costs the government as much to keep plated coins in circulation as it would to top off the supply of a solid alloy coin (need to research what alloy would cost less than a cent). Of course if anyone had sense, they would stop making everything under a dime and force states to round off their tax charts (or even to require taxes be included in prices so the need for coins smaller than will buy anything would disappear. </p><p><br /></p><p>A few years back there was controversy when a supposedly complete US collection was claimed but it's owner (Eliasberg) used proofs for the Philadelphia coins and some did not accept them as proper coins for completeness so his set was said to lack many coins that could be found for face value. I suspect that collectors of the future will require a plated coin, too, whether or not they accept the made for collecting versions. It all may be moot since coin collecting will probably fall off when only Senior Citizens remember what coins (or cash?) were. I know I am not typical but I do not accept a round made of the wrong money and sold from the mint at an inflated price necessary for collecting. If it weighs 5 ounces and is made of silver how can we call it a quarter? How can we call it a coin?[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2249483, member: 19463"]I have to wonder if fifty years from now it will hard to find the plated coins. If history doubles back on itself and people start collecting from circulation again the way we did 60 years ago, you won't be able to assemble a set of Lincoln Memorial cents for the lack of 1982 and later coins in presentable condition. We still get coins from the 59-82 span that look presentable but plated go straight from shiny to ugly in a very short time. I suspect that it costs the government as much to keep plated coins in circulation as it would to top off the supply of a solid alloy coin (need to research what alloy would cost less than a cent). Of course if anyone had sense, they would stop making everything under a dime and force states to round off their tax charts (or even to require taxes be included in prices so the need for coins smaller than will buy anything would disappear. A few years back there was controversy when a supposedly complete US collection was claimed but it's owner (Eliasberg) used proofs for the Philadelphia coins and some did not accept them as proper coins for completeness so his set was said to lack many coins that could be found for face value. I suspect that collectors of the future will require a plated coin, too, whether or not they accept the made for collecting versions. It all may be moot since coin collecting will probably fall off when only Senior Citizens remember what coins (or cash?) were. I know I am not typical but I do not accept a round made of the wrong money and sold from the mint at an inflated price necessary for collecting. If it weighs 5 ounces and is made of silver how can we call it a quarter? How can we call it a coin?[/QUOTE]
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Alright JA, let's get organized, dammit.
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