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<p>[QUOTE=&quot;Michael K, post: 3009413, member: 78298&quot;]I think the nickel should also be eliminated, but the 8 cent cost is not the reason.</p><p>A nickel will be used thousands of times in transactions during it&#039;s life, and whether it costs 4 cents or 8 cents to make the profit or loss on the seigniorage is minimal.</p><p>That argument that it costs more than face value to produce a nickel is mostly an illusion. Since they are making a profit on the dimes, quarters and unused dollar coins, more than makes up for it.[/QUOTE]</p><p><br /></p>

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