Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
The "new" penny is just awful
>
Reply to Thread
Message:
<p>[QUOTE="Clawcoins, post: 3606025, member: 77814"]Yes, we have to remember the decision for the current Zincoln was not today, but in the early 1980s and possibly before.</p><p><br /></p><p>And yes, my local Meijers until recently had some gumball machine that was 1 cent and their horse ride is STILL one cent. I have some pictures/post that showed that a few months ago when chatting about coin machines.</p><p><br /></p><p>I haven't used a vending machine in ages, but I recall back in college things for .99 cents or $1.49. So at some point even in the 80s they accepted pennies. I always wondered why they just didn't round it up to $1 or $1.50 but then you just have to think about gasoline.</p><p><br /></p><p>It's not my decision. But if you check, the modern quarter is a bit lighter than the past quarter. 6.25 grams vs 5.67 grams which is noticeable especially if you hold 2 or more of them. Of course Dollar coins then went from a large 38.1 diameter / 22.58gr to everyone's preferred and loved (ack) 26.5mm/8.1 gr coin.</p><p><br /></p><p>Until everyone rounds everything up to an even .05 or .10, etc and state TAX rates support that, I think we're stuck. </p><p><br /></p><p>The Mint's job is also to economically produce coinage.</p><p>So they look at alternative metals for the coins, to make sure they can be manufactured easily without much of a change of the current process *and* that it is as low a cost as possible.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3606025, member: 77814"]Yes, we have to remember the decision for the current Zincoln was not today, but in the early 1980s and possibly before. And yes, my local Meijers until recently had some gumball machine that was 1 cent and their horse ride is STILL one cent. I have some pictures/post that showed that a few months ago when chatting about coin machines. I haven't used a vending machine in ages, but I recall back in college things for .99 cents or $1.49. So at some point even in the 80s they accepted pennies. I always wondered why they just didn't round it up to $1 or $1.50 but then you just have to think about gasoline. It's not my decision. But if you check, the modern quarter is a bit lighter than the past quarter. 6.25 grams vs 5.67 grams which is noticeable especially if you hold 2 or more of them. Of course Dollar coins then went from a large 38.1 diameter / 22.58gr to everyone's preferred and loved (ack) 26.5mm/8.1 gr coin. Until everyone rounds everything up to an even .05 or .10, etc and state TAX rates support that, I think we're stuck. The Mint's job is also to economically produce coinage. So they look at alternative metals for the coins, to make sure they can be manufactured easily without much of a change of the current process *and* that it is as low a cost as possible.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
The "new" penny is just awful
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...