Message:

<p>[QUOTE=&quot;Conder101, post: 971547, member: 66&quot;]No the Mint never scrapped it because it was a good idea.&nbsp; Congress moves much too slowly when it comes to these matters. The Lincoln cent first started having problems with cost over that of face value in 1974 because copper was going up.&nbsp; They tried to get authoriztion to change the composition then but didn&#039;t finaly get it for eight years.&nbsp; So for close to eight years they lost money.&nbsp; Now the cent and the five cent are both in that position and have been for a couple years now.&nbsp; They have been trying to get either legislation changing the composition or authority to do so on their own when it becomes needed.&nbsp; I forsee many more years of losses thanks to Congress before something is done.&nbsp; The constitutional argument is bull because Congress can still maintain the overall authority while delegating the responsibility to the Treasury Dept to make changes as need to keep from producing the coins at a loss.&nbsp; Congress is constantly delegating their authority to others to get the nitty gritty part of the work done.&nbsp; For some reason in this case they are balking.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in