JadeDragon wrote:Why the heck are they making the new coins thicker? Thickness change is not needed to sort out the CuNi coins.
Also the article says: "The new coins will not only be cheaper to make, but they should also last longer, remaining in circulation for an average of 25 to 30 years." First time I've ever heard that a steel coin will outlast a CuNi coin. Anyone noticed 30 year old CuNi beavers or Jeffs wearing out?
The RCM made the same claim, but if you ever hand sort a box of Canadian pennies you know it's false. Steel penny are barely 10 years old and they look more damaged than zinc and copper penny. They supposedly made test and extrapolate data to match a lifetime of a penny, it's all crap. They want the metal and will invent whatever excuse they think the public will believe. I believe than 1978-1979, 1980-1981 are the best composition/weight for longevity, they are the less damaged coin still red and shiny you can find in Canadian circulating penny. CuNi seem to do a little bit worst than pure Ni who will probably outlive anyone without any damage. The nickel-plated steel coins in Canada also don't have a lot of damage but they are relatively new.
Most country seem to rely on the Canadian expertise when they want to debase coins and made them out of steel. And the RCM in it's new paper rely on others country data to debase the 1 and 2 dollar. It's cyclic and don't make sense. You can't rely on other country who rely on you for data, it's just doing something you believe without backup.
European country also want (or have do) to remove all nickels in every euro coins. Nickels was voted allergen of the year 2008 by the American Contact Dermatitis Society and while it's toxicity is proved a small amount in the coins don't do any harm unless you work at a cash register or handle nickels all day long. I believe it's only here to scare the population into asking the removal of all nickels. Most new coins are still nickel-plated any way and the amount of nickel in contact with the skin is the same as before.