New Metal For Pennies And Nickels

I think that if the cent were eliminated, they would have to make everything end in 5, or 0, and make the 9/10 cost illegal! That way we would get a nickel as the smallest amount of change for an item. Then make the nickel from the same alloy as the 1909 cent. Then we could keep working on the varieties, and not worry about having a one-cent coin that costs almost Two Cents to produce. Dump the dime, and dollar bill. Make the the coinage then 5 cents, 25 cents, fifty cents, two dollars, ten dollars, fifty dollars, one hundred dollars. Then re-call all the two-bit sized dollars! Just don't mess with IKE!
Dick

We all know the cent and nickel cost more money to make than they are worth but us goverment is making up for it big time making dimes, quarters, dollar coins, halfs, proof sets us mint products to pay for the nickels and cents. If they can keep making money on other coins like they do then they can keep making them no problem. Like the dollar coin it cost maybe 20 cents to make it. Thats 80 cents profit per coin.

One other thing I learning. All those bu rolls like halfs , dollars that peaple buy from us mint over face or buy them from bank The goverment makes money if you never spend them in world on consumer goods.

Chevrolet454ss

Kinda makes me wonder how much they made just from all the State Quarters people have set aside by the roll.