This is topic The new nickel in forum Film-Yak at Film-Tech Forum ARCHIVE.


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Posted by Nate Lehrke (Member # 1460) on 03-05-2004, 04:13 AM:
 
What’s wrong with the old nickel? Does this new nickel work the same or does it have some new powers?
Why are they designing these new coins? Why are we spending tax money on design & advertising for the new coins? I can understand making new bills every so often because of counterfeiting but I just don’t see people counterfeiting nickels & quarters, and if they are they are just bad entrepreneurs! What’s the logic behind these news coins?
 
Posted by Ken Layton (Member # 133) on 03-05-2004, 09:23 AM:
 
Yeh, what Nate said! Why do they fuck with the money? It ain't broke so don't fix it.
 
Posted by Scott Norwood (Member # 30) on 03-05-2004, 09:35 AM:
 
My personal favorite fiasco was the fact tha the US Treasury Department felt the need to spend $32 million to promote the new $20 bill. WTF? Why would they need to promote something that people already want? I'm glad to see that my tax dollars are hard at work.

[Mad]

Also, I don't see how changing the bill design would foil counterfeiters, since there's no reason not to counterfeit the older (and easier to copy) designs.

Is there any "official" justification for changing the coin design (other than the year designation, which of course needs to be incremented each year).

[Confused]
 
Posted by Daryl C. W. O'Shea (Member # 1303) on 03-05-2004, 10:00 AM:
 
Replacing bills works since you won't see many of the older bills after a couple years since paper bills have a lifetime measured in months, not decades (like coins).

A few years after the replacement, any significant amount of (old bill) counterfeits will be pretty suspicious.

Promotion is necessary to point out the security features so people know what to look for and to make people aware that there is a new bill. Back when the $2 coin first came out, some lady who must have had her head in a hole in the ground refused to take my "fake coin". I guess they should have spent a little more on promotion.
 
Posted by Mike Blakesley (Member # 26) on 03-05-2004, 02:33 PM:
 
I don't know what the need is for the new nickel. The quarters, however are a masterpiece of marketing. By the time this is done, there will be millions of dollars worth of quarters sitting in collections...pure profit for the gov't.

In Montana, they're doing a similar thing with car license plates. For $4000, your nonprofit organization can design its own custom license plate. The state charges a $25 premium for the special plates, of which $20 goes back to the non-profit org. Result: There are now about 40 different Montana license plates some of which are quite beautiful.
 
Posted by Claude S. Ayakawa (Member # 1401) on 03-05-2004, 03:22 PM:
 
The design of the new nickles is only temporary to commemorate the April 30, 1803 Louisiana Purchase and the 200th anniversary of the Lewis & Clark Expidition. From what I had read in news reports, the US mint will issue two coins with different designs. The face side will still feature the profile of Thomas Jefferson and the other side featuring his home will be replaced with two other images dipicting the purchase agreement and the expidition.

Personally, I do not feel there is anything wrong for the government to issue commemorative coins from time to time. Like the current 50 state quarters, there have been other limited issue coins in the past.

-Claude
 
Posted by William Leland III (Member # 1400) on 03-05-2004, 03:55 PM:
 
on Fark they have photoshop contest everytime a new quarter comes out, pretty funny stuff the farkers do.
 
Posted by Joe Redifer (Member # 3) on 03-05-2004, 08:06 PM:
 
[av=l]A new nickel to commemorate the Louisiana purchase? What the hell? Was Louisiana purchased for only a nickle or something? If so, they got ripped off. Louisiana sucks!

When they redesign money to commemorate me, it had better be a $500 bill or something!
 
Posted by Phil Hill (Member # 371) on 03-05-2004, 09:21 PM:
 
Joe, they will NEVER make an idol in your image...

I can think of a few people (FT users?) that should appear on the new $3 bill... [Razz]

Just my 2-cents...

>>> Phil
 
Posted by Robb Johnston (Member # 239) on 03-05-2004, 09:36 PM:
 
Joe, Jefferson is on the face of the nickle. His administration oversaw both the Louisiana Purchase and the L&C expedition. so they are linking it to his image not the value.

Good god why am I responding to a humor based post with a serious response
 
Posted by Dave Williams (Member # 299) on 03-06-2004, 10:48 AM:
 
 -
 
Posted by Gunnar Johansson (Member # 1661) on 03-06-2004, 11:47 AM:
 
This has, as almost all the "phony" american fun.money I´ve seen, a very specific serialnumber. Not speaking the English language from birth, I remember when first being shown this combination (though at that time leaving out two numbers who look alike upside down) on a Van Halen album. I thought it was hilarious, still do, so much for growing up [Razz]

Then there was the other Van Halen record with the title: "For Unlawful Carnal Knowledge" which took some deciphering as well. Already as a kid I was in to codebreaking.

As American money goes they somehow always seemed lacking in imagination. The same size and colour (bills) which would be hard for those who have trouble with their vision, but to each his own. I´ve had trouble with the danes tendency to have all money in coins. Terribly frustrating.

Swedish National Bank for those who want to see Swedish money. Nothing new lately apart from updating the year and the kings receding hairline (Republic!! Any day now!! Or maybe not)
//Gunnar
 
Posted by Thomas Procyk (Member # 1170) on 03-07-2004, 02:57 PM:
 
What does sex have to do with marijuana?

[Confused]

=TMP=

P.S. I see you miss the political forum, too, Dave [Frown]
 
Posted by Joe Redifer (Member # 3) on 03-07-2004, 04:12 PM:
 
I[av=l]s that supposed to be Bill Clinton on that $bill? If so, that is by far the worst drawing of him that I ever have seen.
 
Posted by Paul G. Thompson (Member # 655) on 03-07-2004, 10:00 PM:
 
A nickel is a nickel. 5 cents. Why do they want to screw with it? The old nickel works great! It still buys practically nothing. It is getting as worthless as a penny.
 
Posted by Joe Redifer (Member # 3) on 03-07-2004, 10:16 PM:
 
[av=h]But Paul, the Louisiana Purchase and the Lewis and Clark expedition MUST be commemorated, god damn it! You will take part in the festivities and enjoy the new nickel, embrace it, and sell it on eBay. There will be no argument. The new nickle is NEEDED and was worth the money to produce it!!!!!!!!! If anyone believes otherwise, they are traitors!!!!!!!!!!!!!!!!!!!!!!!!!!!!(I would use more explanation points as they obviously help to get my point across and define the high quality of my character, but I am getting too lazy to keep holding "SHIFT" and pressing "1", so no more exclamation points for you).
 




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