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<p>[QUOTE=&quot;BlackBeard_Thatch, post: 2800857, member: 85208&quot;]Reeding on coinage was invented by Isaac Newton to prevent counterfeits and the filing down of coins for their silver content but we don&#039;t have these problems anymore so why continue the practice? The many economies in the world are driven by paper money and not coinage anymore so the risk of counterfeits are low to non-existent, who wants to counterfeit an 2015 Cent anyway? Counterfeiters don&#039;t have a hard time getting reeding on counterfeits anymore so it is not a security feature on coinage anymore and reeding does not protect Numismatics products from counterfeits in anyway. The filing down of coins is not heard of these days because coinage is not made out of silver anymore due to inflation and we(U.S) have been producing clad coinage since 1965 due to this problem(Coinage Act of 1965).</p><p>With these reasons put into question, why do we still produce coinage with reeding and should we get rid of it? I would love to hear everyone&#039;s thoughts on this![/QUOTE]</p><p><br /></p>

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