New composition of cent and nickel coming soon

now i know

now i got it. canadian golden dollar intrinsic value is above u.s.$0.11 each. which is twice in value as to american prez dollar at $0.055 each.

 

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jeff nickel

jefferson nickel hit a new low at $0.04319 for its intrinsic value.

 

Not sure I understand the purpose of all the statistics on metals. Why not just tell people to look up all this if they are curious. I would estimate not many people are sitting there studying all this. Just recommend a ASTM web site if interested in all the different types of materials. I'm an engineer and blew right past all this.

 

Many Stainless Steels are non magnetic and if they did there would not be so much objections from the vending machine people. Canadian coinage of Steel is magnetic and does foul up some machinery.
If we switched to wooden coins we could just plant a Nickel and come up with a Nickel tree. Plucking new coins from the tree would save making them with machinery. :whistle:
Aluminum would be a usefull coin but way to easily counterfeited. And then there could be a beer can shortage and that is much worse than the cost of a lousy coin.
If we did change to a ceramic type coin with a chip inside we could end up with a "Big Brother Is Watching You" system. For those that don't remember, from a book called 1984.
Obviously everyone is arguing abourt something that is out of our control since I predict in the near future all our money will be outsourced to China and our coins will all be made of Lead. Laws about melting coins will be dropped but new ones about not eating them will be passed.
Naturally the advantage will be the ability to convert our money into bullets and the opposite. If a vending macine doesn't work you could shoot it with your money. Just tell the police that bullet used to be a quarter.
I forsee a problem though. Not sure how you could fit "Made In China" on a Dime.