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Will the cent last another 10 years.
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<p>[QUOTE="Conder101, post: 630393, member: 66"]It takes an act of Congress to change them, but it doesn't take one to stop making them.</p><p><br /></p><p><br /></p><p>But the clad coins DON'T have the same electrical resistance as the silver coins. That wasn't a consideration back in 1964 when the clad coins were developed because back then the coin mechanisms were strictly mechanical. The three layer clad composition was created because it would be extremely difficult or impossible to counterfeit.</p><p><br /></p><p><br /></p><p>No they had the composition already, the reason we got 1999 SBA's was bcause they were going to run out of SBA's and need new dollar coins before the end of the year, but by law they couldn't issue the Sac dollars until 2000. (They were actually making SBA dollars and the Sac dollars at the same time.) They couldn't make the 1999 SBA's out of the new composition because that would have required new legislation passed by Congress changing the alloy of the SBA.</p><p><br /></p><p><br /></p><p>I doubt that there are all that many vending machines out there that are over thirty years old and which haven't had their coin mechanisms serviced in the past thirty years. All vending machines manufactured in this country since 1979 are capable of accepting dollar coins, and probably most of the replacement coin mechanisms as well. The hing is they come form the factory set to reject the dollar coins but in most cases it is simply a matter of flipping a switch to make them accept the dollars.</p><p><br /></p><p><br /></p><p>Especially since they spent $60 million for the exact same thing in 2000 when the Sac dollar came out and it failed then. They could have looked back to 2000, seen that ads don't work and saved $45 million.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 630393, member: 66"]It takes an act of Congress to change them, but it doesn't take one to stop making them. But the clad coins DON'T have the same electrical resistance as the silver coins. That wasn't a consideration back in 1964 when the clad coins were developed because back then the coin mechanisms were strictly mechanical. The three layer clad composition was created because it would be extremely difficult or impossible to counterfeit. No they had the composition already, the reason we got 1999 SBA's was bcause they were going to run out of SBA's and need new dollar coins before the end of the year, but by law they couldn't issue the Sac dollars until 2000. (They were actually making SBA dollars and the Sac dollars at the same time.) They couldn't make the 1999 SBA's out of the new composition because that would have required new legislation passed by Congress changing the alloy of the SBA. I doubt that there are all that many vending machines out there that are over thirty years old and which haven't had their coin mechanisms serviced in the past thirty years. All vending machines manufactured in this country since 1979 are capable of accepting dollar coins, and probably most of the replacement coin mechanisms as well. The hing is they come form the factory set to reject the dollar coins but in most cases it is simply a matter of flipping a switch to make them accept the dollars. Especially since they spent $60 million for the exact same thing in 2000 when the Sac dollar came out and it failed then. They could have looked back to 2000, seen that ads don't work and saved $45 million.[/QUOTE]
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Will the cent last another 10 years.
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