Comments on: U.S. Mint Produces 906 Million Coins for Circulation in November

By: Kaiser Wilhelm

Kaiser Wilhelm — Sat, 24 Dec 2022 23:06:06 +0000

In reply to Jeff Legan. I've come across all of the above, guys, and I don't even get that much change.

By: Kaiser Wilhelm

Kaiser Wilhelm — Fri, 23 Dec 2022 04:39:52 +0000

In reply to Antonio. To add emphasis to your wish 2022 is going to end with a bang, a "bomb cyclone" to be more precise, putting over one third of the U.S. population in freezing harm's way.

By: Kaiser Wilhelm

Kaiser Wilhelm — Fri, 23 Dec 2022 03:56:55 +0000

In reply to Kaiser Wilhelm. Not to mention, HAPPY NEW YEAR!

By: Kaiser Wilhelm

Kaiser Wilhelm — Fri, 23 Dec 2022 03:54:44 +0000

In reply to Kaiser Wilhelm. And by that I don't mean the already existing hobby of metal detecting.

By: Kaiser Wilhelm

Kaiser Wilhelm — Fri, 23 Dec 2022 03:33:53 +0000

In reply to c_q. A banner idea!

By: Kaiser Wilhelm

Kaiser Wilhelm — Fri, 23 Dec 2022 03:32:50 +0000

In reply to Antonio. It's possible someone will declare the existence of numismatic archeology.

By: c_q

c_q — Fri, 23 Dec 2022 01:21:52 +0000

OK here’s my semi-radical idea – the mint can just stop making cents entirely, and instead pump out enough quarters to extinguish all the coin shortages.

sure, there won’t be enough cents to make exact change, but people will be much happier to be missing only a few cents than the better part of a dollar as it is now without quarters.

as a bonus, the mint will actually make money doing this – because the seignorage on a quarter is about 17 cents versus -1.5 cents for each cent produced.

yeah, the zinc miners will be unhappy (since zinc isn’t used in any other coin). tough cookies.

By: Antonio

Antonio — Thu, 22 Dec 2022 18:55:04 +0000

In reply to Kaiser Wilhelm. I envisage one day, coin and paper currency will be a thing of the past in first world countries. Then what will be the value of these items to future generations? Same with postage stamps.

By: Antonio

Antonio — Thu, 22 Dec 2022 18:46:46 +0000

Just a few more days. I’m looking forward to the 2023s at this point.

By: Kaiser Wilhelm

Kaiser Wilhelm — Thu, 22 Dec 2022 07:57:28 +0000

As there are two sides to every coin, there can be two reactions to the same Mint production numbers. Perhaps a slowdown in the production of coinage in general isn’t such a bad development at a time when coinage change doesn’t have the usefulness it did in earlier times before various forms of card and electronic payments became so widespread. Additionally, the shrinkage of cent production numbers is by itself a move in the right direction considering the combination of the added expense of making cents and their customary one way trip to the piggy banks of America.