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<p>[QUOTE="Conder101, post: 1496420, member: 66"]When will the cent end? Hard to say since it seems to be up to the politicians in Washington and they can seldom do anything simple quickly. The cent should have been discontinued 30 years ago in 82. It absolutely should have ended about 15 years ago when it started costing more to make that the face value. The fact they have been making it for the past five years losing two cents or more for every cent they make is absolutely a no brainer that it should be discontinued. Yet they still have not done anything serious about ending it and the materials study for possible alternative materials to make it out of isn't supposed to report back til the end of the year (Which will report on a couple of possibilities for cheaper materials, but considering the labor and othe related costs are 2 cents apiece it doesn't really matter what they make them out of they will lose money) it seems to me that the absolute earliest they would stop it would be 2015. And even then they will probably continue making them for collectors.</p><p><br /></p><p>The fire at the Mint had absolutely nothing to do with the lack of 1815 cents. The fire occurred Jan 11th 1816 and destroyed the mints rolling mills where gold and silver was rolled into strip. The copper coins were struck on ready made planchets shipped from Boulton and Watt in England though so that is why in 1816 the ONLY coins struck were cents. No gold or silver could be processed until the new steam powered rolling mill could be acquired and the new building built to house it. (The last cent planchets from Boulton ordered before the war arrived May 9th 1812. These 20 tons of planchets were mostly struck in 1812 and some were struck in 1813. In Nov 1813 orders came not to strike any more copper coin and the order held until Sept 1814 when the last 400K planchets were struck. No further copper could be ordered until after the formal ratification of the peace treaty in Feb 1815. At that point planchets were ordered but they did not arrive until late Dec 1815. Cent striking was begun immediately with 1816 dated dies.)[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1496420, member: 66"]When will the cent end? Hard to say since it seems to be up to the politicians in Washington and they can seldom do anything simple quickly. The cent should have been discontinued 30 years ago in 82. It absolutely should have ended about 15 years ago when it started costing more to make that the face value. The fact they have been making it for the past five years losing two cents or more for every cent they make is absolutely a no brainer that it should be discontinued. Yet they still have not done anything serious about ending it and the materials study for possible alternative materials to make it out of isn't supposed to report back til the end of the year (Which will report on a couple of possibilities for cheaper materials, but considering the labor and othe related costs are 2 cents apiece it doesn't really matter what they make them out of they will lose money) it seems to me that the absolute earliest they would stop it would be 2015. And even then they will probably continue making them for collectors. The fire at the Mint had absolutely nothing to do with the lack of 1815 cents. The fire occurred Jan 11th 1816 and destroyed the mints rolling mills where gold and silver was rolled into strip. The copper coins were struck on ready made planchets shipped from Boulton and Watt in England though so that is why in 1816 the ONLY coins struck were cents. No gold or silver could be processed until the new steam powered rolling mill could be acquired and the new building built to house it. (The last cent planchets from Boulton ordered before the war arrived May 9th 1812. These 20 tons of planchets were mostly struck in 1812 and some were struck in 1813. In Nov 1813 orders came not to strike any more copper coin and the order held until Sept 1814 when the last 400K planchets were struck. No further copper could be ordered until after the formal ratification of the peace treaty in Feb 1815. At that point planchets were ordered but they did not arrive until late Dec 1815. Cent striking was begun immediately with 1816 dated dies.)[/QUOTE]
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