What to look for in US Jefferson Nickels.

But people use fewer and fewer coins....they use some bills but mostly credit or debit cards, ....and get coins in change. I think coin production is on the way out.

 

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I personally hate the post-1982 pennies; the most recent issues with the shield look like they came from Chuckie Cheez and they all behave like Alka Seltzers if left out in the weather. Bring back copper!

 

Agree with the last post but at $3+ per pound for copper, I don't think they are putting that back in. Eliminating the cent is the more practical solution.

And on Kasia post #17
However, on the new Jeffersons, they all seem to have full steps. While I don't like the new design, they did do a good job on the steps.

 

Yes, the steps are wonderful, and most I have seen were full. But the hits on both sides are horrid.

 

I think that eliminating the dollar bill in favor of a dollar coin is inevitable as well as a good idea

 

re: copper pennies: We're the richest country on this planet; what percentage of our budget would more durable copper pennies represent?

 

Disagree; who wants to walk around with a pocket full of dull-looking slugs?

 

There's no need for cents anymore. There are almost a trillion in circulation.
True, the zinc ones bio degrade quickly. Most purchases are not cash anymore.
When the cents finally disappear (decades) rounding up or down to the nearest nickel is not a big deal.

 

The dollar coins are just slightly larger and heavier than a quarter. It's not a big deal to have a few of them in your pocket.
Replacing the dollar bill with coins is also practical. A dollar coin can last a century. The average dollar bill doesn't even last a year. And, they already have billions of dollar coins (Pres dollars and Sacs, in storage.)
I picked up an SBA metal detecting yesterday, it's 38 years old and in very good condition.

 

No; Canada hasn't begun holding "Going Out of Business For Want of Pennies" sales quite yet. How much of that trillion pennies you mention is hoarded pennies? The rest'll be gone in five years.

 

Nice pick! SBA' and other dollar coins seem to be found near suburban train stations more frequently than other places around where I live in NJ. It seems that when you buy a ticket from a machine and pay with a bill, the machines return your change in dollar coins. One way of circulating them and also of getting them into the ground!

 

This thread started out with something about nickels, didn't it?

 

re: copper pennies: We're the richest country on this planet; what percentage of our budget would more durable copper pennies represent?

But why should the government pay two cents to produce a one cent coin.....?

 

They spend over 7 cents to make a nickel.....

 

And a nickel ain’t with a dime any more, is it, Yogi?

 

Figmnt of your imagination.

 

I think in twenty years collectors will be amazed that you can buy rolls of AU '50 P nickels but finding a 1971 in any grade over a nice high grade Fine is quite difficult. Finding an Unc '50-D is easier than a circ.

 

I think the 2009s will be the same way. Common in Unc, scarce in anything below XF

 

That 1971 Mint Set will finally pay off!!!