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Why are US coins so blah -- Interview with CCAC member
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<p>[QUOTE="treehugger, post: 1513983, member: 28451"]I think we may be missing the trend of what is going on in the world today. The demand for circulating coinage is decreasing significantly due to debit cards, credit cards, gift cards, online banking, etc. Why would the Mint want to spend money on something that is fading in utility and will most likely become almost obsolete in years to come? This is the electronic age, folks.</p><p><br /></p><p>As yakpoo said, why would we want to invest time, money and effort into something that is losing its place in the world? If circulating coinage was going to maintain its present level of usage or increase in usage, it would make sense to redesign coins, etc. This, however, is not the case. To believe otherwise is to be fooling ourselves.</p><p><br /></p><p>I believe the only coins/medals that will have a place in the future from a utility perspective will be bullion and commemoratives. Circulating coinage will someday be used very rarely. When that will be, though, is anyone's guess. However, it seems as though it is inevitable.</p><p><br /></p><p>Why are U. S. coins so blah? I think it's because (in terms of circulating coins), somebody had the bright idea to stop creating the types of designs that used to be on our coins and decided to replace them with the faces of politicians. In my mind, that was the death knell for attractive coins.[/QUOTE]</p><p><br /></p>
[QUOTE="treehugger, post: 1513983, member: 28451"]I think we may be missing the trend of what is going on in the world today. The demand for circulating coinage is decreasing significantly due to debit cards, credit cards, gift cards, online banking, etc. Why would the Mint want to spend money on something that is fading in utility and will most likely become almost obsolete in years to come? This is the electronic age, folks. As yakpoo said, why would we want to invest time, money and effort into something that is losing its place in the world? If circulating coinage was going to maintain its present level of usage or increase in usage, it would make sense to redesign coins, etc. This, however, is not the case. To believe otherwise is to be fooling ourselves. I believe the only coins/medals that will have a place in the future from a utility perspective will be bullion and commemoratives. Circulating coinage will someday be used very rarely. When that will be, though, is anyone's guess. However, it seems as though it is inevitable. Why are U. S. coins so blah? I think it's because (in terms of circulating coins), somebody had the bright idea to stop creating the types of designs that used to be on our coins and decided to replace them with the faces of politicians. In my mind, that was the death knell for attractive coins.[/QUOTE]
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