Discussion in 'Coin Chat' started by Jrlhasalways, Oct 20, 2020.
Is there a reason? ...Really bothers me.
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We can thank the penny for a great deal of waste and poor quality. The costs of making it is laid off on other coins but the biggest cost is the drag they perform on the economy and modernization of our money.
I think it's mostly which side gets the hammer die and which side gets the anvil die, and your possible dislike of the more modern designs.
I think I've nioticed for the past about 10 years they've been striking the reverse with the hammer die, but in the 80s and 90s they were striking the obverse with the hammer die and the reverse was the anvil die side.
And yeah, I do think there is a difference on which side gets the hammer.
The mint makes billions of pennies every year so all coins have to be made on very high speed presses. The dies move so fast they simply don't have the time to bring up higher relief.
This. Back when the coins had higher relief the presses ran at between 30 to 8 cycles per minute. Call it an average of one coin per second. (actual striking time about .13 seconds) Now when the planchets are struck the metal doesn't flow into the recesses of the die instantaneously, it takes a certain amount of time. But today with the horizontal striking presses they are running at 750 cycles per minute or 13 coins per second. The metal just can't flow very far in the .01 seconds of the actual striking portion of the cycle, so the relief has to be greatly lowered to allow the dies to fill in that brief flash of time.
Nice word use "Hermitage", rare to see it used.
Well that's a relief!
That's Monticello. Hermitage was Andrew Jackson's crib.
That, along with the v75 have created a little BUZZ in the coin industry.
I now understand why the TRUE coin collector dislikes the mondern's, kind of GET IT. Let's face it, in todays world if it isnt online, or on twitter, no one knows about it. To get millennials involved, they need to know, not all of them have a good grand pappy like many of the guys here...
I for one hope the V75 makes it to big big dollars and onto the news. That is good for all GOLD< SILVER< and coin collectors. The more, the better...
They don't make them like they used to. Everything, not just coins. Everything's made cheap, these days. I've a 5-year-old washing machine and the door is falling off at the lower hinge. I made the mistake of getting rid of my 20-year-old washer for a larger drum size; there's no way I'm getting rid of my 20-year-old dryer, now!
The manufacturers don't want their goods to last too long. If they did last too long, no one would have to buy new ones so frequently. Just like computers and software programs. Those are built to stop working properly in very little time, forcing buyers to constantly have to go out and buy them again. Keeps the companies in business, much like Apple with iphones and such. The local government does that with roads too. There's a 10 mile stretch of freeway where I live and 20 years ago they built sound walls on both sides that ran along the freeway. They're tearing it all down now....and building it back up the every same way it aready was before. Why? To give city workers more work and to justify increase in auto registration and local tax.
So goes life. Convince has a cost.
Contractors motto "cheap, good, or fast. I can give you two of these, but not all 3, take your picks".
A new dryer will break the first time shorty after the warranty expires and will last only about five years. Washers might make 7 or 8. Never throw away something old or you'll have to replace it again and again. I almost threw away a 30 year old freezer to get a larger one that would require less wattage (and run almost continuously). That was 14 years ago and it's still running. I'd be just about ready to buy the third replacement for it. The CEO's and stockholders make lots of money making this garbage though. So it must be good for the planet, right?
Coins actually are better now days. Sure they look cheap and have low relief but they stand up to the rigors of circulation pretty well. Silver would wear out and get banged up pretty quickly going through counters all the time.
Other than pennies that evaporate in air, nickels that cost 8c to make, and the largest denomination not able to purchase anything it's a great coinage system with lots of variety and history. [sigh]
I know what you mean. I have a 1958 GE Fridge in the garage that as far as I know has never been touched....My 2007 GE, I've replaced numerous parts over the years!
lol...House On The Back...I do mix those two up quite a bit!
That's really cool!
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