Monday, March 7, 2011

United States Mint Seeks Public Comment on Potential New Metallic Coinage Materials

The United States Mint today announced that it is requesting public comment from all interested persons on factors to be considered in conducting research for alternative metallic coinage materials for the production of all circulating coins.

Comments must be submitted on or before April 4, 2011.

 This should be a good one for the comments section.


Joe Nelson said...

I'm not sure what's more alarming. The implication of this request or that the mint is so completely mismanaged that it can't decide which factors to consider when seeking an alternative for metallic coins.

CP said...

I'd like a new $50 piece made out of rare earth metals instead of gold!

eahilf said...

It's fiat money, so it doesn't friggin' matter what they're made of. What matters is whether they'll be, or continue to be, accepted as 'legal tender for all debts, public and private'. And the answer to that question, as well as how much of what it's made of one of these coins will buy, depends on other considerations.

The idiots.

Just make them out of something inexpensive and durable.