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Could future coins change in size/composition?
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<p>[QUOTE="ewomack, post: 3896644, member: 15588"]According to a tour guide at the Denver Mint (which may or may not be a reliable source on this topic), the Mint is the only profitable organization in the U.S. government. He freely admitted the loss on cents and nickels, but then said that they more than make up for it with quarters, which alone obliterate the losses on the lower denominations, so no one really complains because they come out ahead overall. But if one looks at cents and nickels alone, yes, it looks bad. He concluded by wishing that the press would show the big picture instead of just discussing cents in isolation. But in the end, it's up to congress to change things, and until they do, the mint is pretty much stuck minting the lower valued coins.</p><p><br /></p><p>Could they make them out of aluminum or tin instead? I don't know, and I don't know how much it would cost to make that change. One wonders if congress is just waiting to see where electronic payments go.[/QUOTE]</p><p><br /></p>
[QUOTE="ewomack, post: 3896644, member: 15588"]According to a tour guide at the Denver Mint (which may or may not be a reliable source on this topic), the Mint is the only profitable organization in the U.S. government. He freely admitted the loss on cents and nickels, but then said that they more than make up for it with quarters, which alone obliterate the losses on the lower denominations, so no one really complains because they come out ahead overall. But if one looks at cents and nickels alone, yes, it looks bad. He concluded by wishing that the press would show the big picture instead of just discussing cents in isolation. But in the end, it's up to congress to change things, and until they do, the mint is pretty much stuck minting the lower valued coins. Could they make them out of aluminum or tin instead? I don't know, and I don't know how much it would cost to make that change. One wonders if congress is just waiting to see where electronic payments go.[/QUOTE]
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