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<p>[QUOTE="Conder101, post: 25481003, member: 66"]Silver and gold, yes, Base metal brass no. Gold and silver coins had nearly their full face value of metal in them, the base metal coins did not. They basically made no money coining gold or silver, they did make profits on the copper/brass coinage. At the first US mint it was intended that the profits on the copper coins would pay all of the expenses of the Mint. Took awhile before that actually worked out.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 25481003, member: 66"]Silver and gold, yes, Base metal brass no. Gold and silver coins had nearly their full face value of metal in them, the base metal coins did not. They basically made no money coining gold or silver, they did make profits on the copper/brass coinage. At the first US mint it was intended that the profits on the copper coins would pay all of the expenses of the Mint. Took awhile before that actually worked out.[/QUOTE]
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