NICKEL By Peter H. Kuck

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NICKEL By Peter H. Kuck

Postby Copper Catcher » Tue Feb 01, 2011 9:15 pm

An interesting article:

....National Toxicology Program.—The U.S. Department of Health and Human Services was evaluating evidence on the toxicity and carcinogenicity of nickel metal and its alloys. The
scientific review was being carried out as part of the National Toxicology Program (NTP). The NTP is funded by the National Institute of Environmental Health Sciences under
various Congressional mandates.....

National Defense Stockpile.—There has been no nickel in the National Defense Stockpile since 1999.


http://minerals.usgs.gov/minerals/pubs/ ... imyb01.pdf
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Re: NICKEL By Peter H. Kuck

Postby Rodebaugh » Tue Feb 01, 2011 9:37 pm

"Six commenters stated that the public would hoard the coins and remove them from circulation. The United States Mint is aware that 5-cent and one-cent coins may be hoarded. However, the legislative history of 31 U.S.C. 5111(d) indicates that when Congress passed the Coinage Act of 1965, section 105 (the predecessor provision to 31 U.S.C. 5111(d)), it did not intend on prohibiting hoarding because of concerns that such prohibitions would be difficult to enforce and that citizens might unknowingly violate the regulations. The United States Mint does not intend to prohibit the hoarding of 5-cent and one-cent coins but, consistent with the legislative intent of 31 U.S.C. 5111(d), has implemented these prohibitions on exportation, melting, and treatment to reduce the incentive to hoard these coins."

only six?........HAA!

"Two commenters suggested that existing 5-cent and one-cent coins be physically altered; one suggested punching holes in the center to decrease their melt value, and the other suggested encasing them in a ring of metal and increasing the denomination of the coins. Two commenters suggested the United States Mint begin producing a two-cent coin or a three-cent coin."

Where the commenters high on drugs?
This space for rent. :)
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Re: NICKEL By Peter H. Kuck

Postby Copper Catcher » Tue Feb 01, 2011 9:42 pm

I am sure HoardCopperByTheTon was called to testify! :?
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