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<p>[QUOTE="John Burgess, post: 8235697, member: 105098"]Actually I don't know if it's necessarily cheaper, but save the mint money, but the FAST Act, signed into law in December 2015 specified that everything had to be “not less than 90 percent silver,” </p><p><br /></p><p>they did a quality and costs analysis, they determined:</p><p>1. they could strike 600 coins with 90% blanks with a die pair, but 1800 coins with a die pair using .999 blanks.</p><p>2. Downtime for cleaning: 80x a day using the 90% blanks, 20x a day using .999 blanks.</p><p><br /></p><p>and there were slightly less scrap (haze related) and slightly less customer returns with .999 blanks</p><p><br /></p><p>also to consider not many places use the 90% around the world, so it's a special order for the right composition vs, the same .999 everyone else uses. </p><p><br /></p><p>Prices certainly didn't go down since the change though. </p><p>I think it's more about the cost savings from less down time and longer die life than anything else. the FAST Act pretty much put to and end 40% halves or 35% nickels from being done again also, unless specifically legislated.[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 8235697, member: 105098"]Actually I don't know if it's necessarily cheaper, but save the mint money, but the FAST Act, signed into law in December 2015 specified that everything had to be “not less than 90 percent silver,” they did a quality and costs analysis, they determined: 1. they could strike 600 coins with 90% blanks with a die pair, but 1800 coins with a die pair using .999 blanks. 2. Downtime for cleaning: 80x a day using the 90% blanks, 20x a day using .999 blanks. and there were slightly less scrap (haze related) and slightly less customer returns with .999 blanks also to consider not many places use the 90% around the world, so it's a special order for the right composition vs, the same .999 everyone else uses. Prices certainly didn't go down since the change though. I think it's more about the cost savings from less down time and longer die life than anything else. the FAST Act pretty much put to and end 40% halves or 35% nickels from being done again also, unless specifically legislated.[/QUOTE]
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