Last of the cents

justafarmer · Jun 5, 2025 at 9:41 AM

Conder101 said: ↑

No need to change the tax rate you still apply the same rate and then round the final amount up or down to the nearest 5 cents. Some times it will be in the governments faver, but never more than two cents, and sometimes it will be in your favor, but never more than two cents. In the long run the your favor/ their favor evens out and it's a wash. No net difference than what it is today.

In that case it probably won't be enough to avoid a low mintage rarity, which they try to avoid, so earmark the excess for Mint Set Only (maybe proof set too?) cent production. Might get sales up, and if the can keep the planchets from going bad they'd probably have enough for a long time.

It has gotten a lot better then. The 2024 annual mint report put the cost of each five cent piece at $0.177 cents each.

But if you change them to zinc they won't work in vending machines set to accept the current 5 cent pieces. They will be loo light. They got away with it on the cent because vending machines didn't take cents. And you can't increase the thickness or diameter to make up for the weight because they would still be out of size spec and not work.
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No matter what the per unit cost of producing a nickel is - it will probably go up when the mint stops producing the cent. Most likely all denominations' per unit cost will go up because they will have to absorb the Mints overhead and fixed costs previously allocated to cent production.

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Last of the cents

justafarmer Senior Member

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Last of the cents

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