2022 Coins Are Appearing
It's usually half-way through the year before we begin to see the current year currency show up in our change. This year, it seems many of the brand new coins are already scuffed up and scratched, as if they have been circulating hard these last few months.
They do have that newly-minted shine that makes current coins so attractive.
It's just a matter of time before inflation is such that nickles and pennies (maybe even dimes) will be removed from circulation.
We don't see dollar coins circulating at all, but someday we may see them replace the dollar like in Canada.
What is the future of currency going to look like? 100% digital? I sure hope not! Crypto is fun, but it carries no WEIGHT.
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You cant beat the feel of silver or gold coins in your hand.
That's for sure!
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They are much thinner this year, @ironshield !
Beautiful designs, more light weighted and looks great.
The end game is no physical currency.
Unless, people start to hold physical gold and silver in their hands, only then would they internalize the value of money (and the time they traded and wasted away)
I got a set of Canadian 2022 coins when I went to a Recycling depot exchanging beverage empties for their deposits back in July. It's a matter of time before they phase out the 5 cents as most of the nickle 5 cents are picked out leaving the cheaper metal ones in circulation.
Perhaps we will soon hear, "Only Terrorists use physical cash!" to justify to the public transitioning into CBDCs.
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I usually see the current year currency show up at the beginning of the year in Salt Lake City, Ut.
I guess this changes according to one's distance from the distribution network for coins.
A 2022 US dollar has about the same buying power as a 1913 penny.
The site Coinflation reports on the melt value of US coins. The melt value is the market price of metals contained in the coins. The melt value of a nickel is more than $0.05.
Since the melt value of dimes and quarters is about 20% of the face value of the coins, I suspect that we will see the end of coins in the US quite soon.
BTW, the way that they plan on forcing us into digital money is by limiting high denominations. The highest denomination bill is the C-Note. It is hard to find a hotel room for $100 a night in most US cities.
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Canadian coin always have this their own unique coin
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I was able to get a new coin roll of Maya Angelou quarters and a coin roll of new 2021 Dimes. I was very lucky; I was able to find a lot of 2022 dimes and nickels too. All clean, and i'm keeping all of them. lol