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U.S. Mint initiates process for major U.S. coinage overhaul
mineweb.com ^ | March 08, 2011 | Dorothy Kosich

Posted on 03/08/2011 1:23:43 AM PST by Jet Jaguar

click here to read article


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1 posted on 03/08/2011 1:23:49 AM PST by Jet Jaguar
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To: Jet Jaguar

For what it’s worth today vs the cost to print and short life, it’s time to get rid of the dollar bill and go exclusively to dollar coins.


2 posted on 03/08/2011 1:28:02 AM PST by buccaneer81 (ECOMCON)
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To: Jet Jaguar

In keeping with the latest government efforts to pay off the national debt, the new currency will be composed of fused sand, mixed with bird sh1t.


3 posted on 03/08/2011 1:28:38 AM PST by Jack Hammer
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To: Jack Hammer

Is that why our money smells so bad?


4 posted on 03/08/2011 1:53:07 AM PST by PA-RIVER
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To: Jet Jaguar; Jack Hammer

Interesting. Thanks for posting.

LOL!


5 posted on 03/08/2011 1:55:16 AM PST by PGalt
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To: Jet Jaguar

I am looking forward to a new generation of steel coins and if they rust on you tuff sht

Copper and nickle are soaring and you could melt pennies and nickles and make money


6 posted on 03/08/2011 2:02:15 AM PST by dennisw ( The early bird catches the worm)
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To: buccaneer81

I think it would help if we brought back $500 and $1000 bills. There once was a time when one of those bad boys was enough to buy you a new car, but with inflation it’s not that much.

In fact, $100 bills account for a whopping 75-80% of all paper money produced by the United States.

And I know. You’ll hear the usual excuses about drug dealers and large bills, but I don’t buy that schtick.


7 posted on 03/08/2011 2:03:19 AM PST by Strk321
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To: buccaneer81
dollar coins

No, thank you.

8 posted on 03/08/2011 2:05:37 AM PST by Right Wing Assault (Our Constitution: the new Inconvenient Truth)
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To: Strk321

I think counterfeiting would be a major problem if we brought back large denomination bills. Imagine the bulk being reduced by 90%. Terrorists and governments like Iran would have a field day.


9 posted on 03/08/2011 2:19:25 AM PST by buccaneer81 (ECOMCON)
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To: Jet Jaguar

Just sold $13 face value of 1964 halves, quarters and dimes for over $300. Gonna dump more of this stuff every week until silver bubble busts.


10 posted on 03/08/2011 2:48:41 AM PST by conservaterian (Sarah/DeMint '12)
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To: buccaneer81

Let me guess, the new dollar coin will be made out of PVC...


11 posted on 03/08/2011 2:49:07 AM PST by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: wastoute
Let me guess, the new dollar coin will be made out of PVC...

I was thinking of melting down what's left of the GM and Chrysler inventories after they finally go under in 2013.

12 posted on 03/08/2011 3:12:01 AM PST by buccaneer81 (ECOMCON)
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To: Jet Jaguar

The US government began counterfeiting silver coins with cheaper replacements in order to fund the Vietnam War with inflation. Our kind masters started counterfeiting pennies a few decades ago ...

as soon as I get an income, I’ll be buying nickels, and holding them until their intrinsic value is 4-5 times their nominal value!


13 posted on 03/08/2011 3:14:16 AM PST by RJR_fan ("Be kind to every person you meet. For every person is fighting a great battle." St. Ephraim)
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To: dennisw

Just as the melt value of ‘real silver’ coins has skyrocketed, the value of ‘real nickels’ may soon start to rise on melt value.


14 posted on 03/08/2011 3:15:39 AM PST by maine yankee
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To: buccaneer81

The Chinese are faking boatloads of realistic Morgan dollars and other U.S. silver coins. They’re also faking gold coins. Google it. As much as I’d like to read about a fellow freeper investing in a pickup truck load of nickels, I’d hate to hear they bought a bunch of fake chinese u.s. silver coins.


15 posted on 03/08/2011 3:17:54 AM PST by KingLudd
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To: conservaterian

There is no such thing as a silver bubble.

See my post 101

http://www.freerepublic.com/focus/news/2684672/posts?q=1&;page=101


16 posted on 03/08/2011 3:23:02 AM PST by djf (Dems and liberals: Let's redefine "marriage". We already redefined "natural born citizen".)
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To: Jet Jaguar

Removing our motto “In God We Trust” will be the top priority.


17 posted on 03/08/2011 3:28:44 AM PST by ViLaLuz (2 Chronicles 7:14)
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To: Bloody Sam Roberts

coin ping!


18 posted on 03/08/2011 3:35:17 AM PST by Mrs. B.S. Roberts
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To: Jet Jaguar

They could make them out of the old machine tools from shuttered Midwestern factories.

Should be fairly high quality metal in them.


19 posted on 03/08/2011 3:38:27 AM PST by SnuffaBolshevik
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To: SnuffaBolshevik
They could make them out of the old machine tools from shuttered Midwestern factories.

Too late, that stuff is already in China.

20 posted on 03/08/2011 3:41:58 AM PST by Fresh Wind (TOTUS knows how to give a speech. Obama knows how to read.)
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