Comments on: Bills Aim to Allow U.S. Mint to Alter Coin Compositions https://www.coinnews.net/2023/05/08/bills-aim-to-allow-u-s-mint-to-alter-coin-compositions/ CoinNews delivers the latest World and US coin news Sat, 16 Mar 2024 18:23:16 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Duane D https://www.coinnews.net/2023/05/08/bills-aim-to-allow-u-s-mint-to-alter-coin-compositions/#comment-532851 Sat, 16 Mar 2024 18:23:16 +0000 https://www.coinnews.net/?p=96147#comment-532851 In reply to Tom.

$12 million. Much ado about nothing. The single state of Pennsylvania just announced a $3 million grant to a well endowed university. Meanwhile the Feds borrow $ trillions, and print trillions more in currency unbacked by any loan, or our gdp. $12 million would not pay the interest on the interest on the loans we are laying on our grandchildren’s backs. Rest in peace! You have sold your children and grandchildren into slavery!

]]> By: Dazed and Coinfused https://www.coinnews.net/2023/05/08/bills-aim-to-allow-u-s-mint-to-alter-coin-compositions/#comment-522115 Tue, 16 May 2023 19:38:44 +0000 https://www.coinnews.net/?p=96147#comment-522115 In reply to Dazed and Coinfused.

No biggie, I wear noise canceling headphones when I smoke

]]> By: Dazed and Coinfused https://www.coinnews.net/2023/05/08/bills-aim-to-allow-u-s-mint-to-alter-coin-compositions/#comment-522114 Tue, 16 May 2023 19:37:44 +0000 https://www.coinnews.net/?p=96147#comment-522114 In reply to Dazed and Coinfused.

I would be interested in bush coins, but have to pass on the Nixon ones. Tricky one that guy.

]]> By: Dazed and Coinfused https://www.coinnews.net/2023/05/08/bills-aim-to-allow-u-s-mint-to-alter-coin-compositions/#comment-522003 Fri, 12 May 2023 01:05:48 +0000 https://www.coinnews.net/?p=96147#comment-522003 Under biden coins will soon identify as paper money.

]]> By: Dazed and Coinfused https://www.coinnews.net/2023/05/08/bills-aim-to-allow-u-s-mint-to-alter-coin-compositions/#comment-521926 Wed, 10 May 2023 04:16:42 +0000 https://www.coinnews.net/?p=96147#comment-521926 Mercury dime, now made with real mercury. Gold replaced by pyrite. And probably an aluminum coin

]]> By: Seth Riesling https://www.coinnews.net/2023/05/08/bills-aim-to-allow-u-s-mint-to-alter-coin-compositions/#comment-521915 Tue, 09 May 2023 17:41:14 +0000 https://www.coinnews.net/?p=96147#comment-521915 In reply to Seth Riesling.

Too funny! LMAO

NumisdudeTX

]]> By: Seth Riesling https://www.coinnews.net/2023/05/08/bills-aim-to-allow-u-s-mint-to-alter-coin-compositions/#comment-521914 Tue, 09 May 2023 17:37:55 +0000 https://www.coinnews.net/?p=96147#comment-521914 In reply to Vachon.

Vachon,

You have posted very well exactly what Congress needs to hear… maybe if they ever have public hearings on this important issue, with your recommendations, you could testify before the committee.

NumisdudeTX

]]> By: Seth Riesling https://www.coinnews.net/2023/05/08/bills-aim-to-allow-u-s-mint-to-alter-coin-compositions/#comment-521913 Tue, 09 May 2023 17:31:36 +0000 https://www.coinnews.net/?p=96147#comment-521913 In reply to Seth Riesling.

Kaiser,

The cedar trees are the Boogeyman in Texas, especially in the Hill Country & the pollen blows into the cities & literally lays down a thin film of the light yellow pollen on cars. Allergist doctors are wealthy here for sure!!
By the way, Lost Maples (an area with tons of maple trees that are not native to Texas) is an area of Texas that geologists & other scientists say the last Ice Age glaciers brought down from Canada & deposited them here in that area of Texas when the glaciers melted. They are famous here for their Fall foliage spectrum of bright colors – Thanks Canada! (For the maple trees & the Maple Leaf bullion coins too).

NumisdudeTX

]]> By: Seth Riesling https://www.coinnews.net/2023/05/08/bills-aim-to-allow-u-s-mint-to-alter-coin-compositions/#comment-521906 Tue, 09 May 2023 15:57:55 +0000 https://www.coinnews.net/?p=96147#comment-521906 This sad circulating coinage situation is nuts I say! – “Deez nuts,”…”are you nuts?” “bust a nut,” “nuttin’ honey,” “nut house,” “nuts.com”, “Nutty Buddy bars,” etc.
The state tree of Texas is the Pecan tree, so our nut is the pecan…pecan pie, pecan pralines, glazed pecans, honey-roasted pecans, a pecan log from Stuckey’s with an 8-gallon gas purchase…etc . Fun times!

NumisdudeTX

]]> By: Vachon https://www.coinnews.net/2023/05/08/bills-aim-to-allow-u-s-mint-to-alter-coin-compositions/#comment-521899 Tue, 09 May 2023 13:12:40 +0000 https://www.coinnews.net/?p=96147#comment-521899 It “amuses” me that a 50% profit on dimes and quarters is insufficient for the Mint. It would seem to me coins 10¢ and above can be left alone. The cent can no longer be made & distributed profitably no matter the composition and the nickel would need something drastic done

Since Jarden Zinc will fight tooth & nail to prevent cent abolition, maybe make the nickel a 75/25 cupronickel plated zinc coin?

I say this only because those in charge are not yet ready to admit that anything less than a half-dollar is not meaningful in the economy (and I honestly am not sure if more than a token few items remain which could be bought for 50¢ anyway)

Shouldn’t we (and I mean the world here, not just us) be demanding coins that can actually BUY things? It’s hard to respect a monetary system that produces coins of so little value. We’ve gotten to the point where coins are only meaningful in large aggregations (which, like merchants of old with too many large cents on hand, have to be redeemed at a discount) and I have no idea why humanity let that happen…

I don’t know what they’d be made of, but based on our current economy (and that ATMs typically distribute only in $20 increments), we’d need coins, not bills, valued at $5 and $10 (with the $20 bill being the new “dollar” of our economy) for coins to garner respect in the daily marketplace again

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