Discussion in 'Coin Chat' started by mlov43, Oct 17, 2020.
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What copper clad coins did the US start in 1965? Oh, the clad copper core coinage. For vending machines...really!
I always wondered why the USA wanted to sandwich copper between two pieces of copper-nickel. Sounds like a difficult or more expensive way to make coining metal.
So the clad coinage was actually FOR their acceptance in machines?
Clad coinage was made because the price of silver had gotten to the point where it was worth more than the face value of the coin.
Then why not punch the coins from solid 75% Cu, 25% nickel coining metal? Why did they have to instead "sandwich" it?
My Freshman year in college, some guys picked up the ciggie machine in the lobby of the dorm and shook all the cigarettes out!
You know, I never once ran into a clerk or manager who wouldn't accept halves or dollar coins. Not yet. If anything they'll ask, "are these 50 cents?" Perhaps the people that don't accept them haven't had their manager show them a "U.S. Currency Chart" of what they CAN accept. Then again, like I said above, a merchant does NOT have to accept a certain kind of coin or currency if they don't want to. I have yet to find one, though. When you're in business, you tend to have no problem accepting MONEY.
I kind of had the opposite occur. In a 99+ cent store, a lady pan-handled me for a dollar to get a soda. I gave her two Kennedy halves. She thanked me, walked away and then turned back to ask "Are these $1 coins?"
The first coin payphone wasn't introduced until 1889 and the three cent piece was already on its way out or gone by then. That was for a phone where you made your call and then paid. The first ones where you paid and that allowed you to make your call were introduced in 1898 almost ten years after the three cent piece was discontinued. Payphones in the 1880's where cases where you paid an operator in person and were then allowed to use the phone.
It was an anti-counterfeiting measure. making up a 75% copper 25% nickel alloy was fairly easy, but the explosive bonding process needed to create the clad material was thought to be beyond the ability of your typical counterfeiter.
And as I remember from back then, most vending machines DIDN'T take both types of coins. In my experience they would take one or the other but not both. If they did take both, you could get them to take most anything. But the silver left circulation quickly and venders just had to have the machine set to take the clad coins.
So much for expecting people to read legends on coins...
99% of people pay no attention to their coin.
Because it would have had to be 88% copper 12% nickel (that's the NET proportions of the clad sandwich).
It's not just weight, it's the electronic signature of the coins that some acceptors use.
Even today, there is a bill recently submitted to congress by a couple of idiots directing the mint to look at alternate compositions (which the mint has been doing for a dozen years).
Section 2 x 1 b:
I haven't seen a cigarette machine since the late 1970s...
Well, the new coining metal will "be seamless" in operating vending machines.
That's SUCH a great idea. What could go wrong..?
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