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<p>[QUOTE=&quot;cladking, post: 803269, member: 68&quot;]I hardly doubt that costs are higher on the dime than a penny but that it&#039;s triple the cost is an exercise in creative accounting.&nbsp; A cent die can average about 1 1/2 million strikes now and a dime only about half of this.&nbsp; You might even figure a third since they are changing dies a little more often now days.&nbsp; Even if you figure it costs $1000 for a die (this has to be way too high) the cost per coin is a mere .2c.&nbsp; The cost of cent dies needs to be subtracted here.&nbsp; Blanking dies have to be far cheaper.&nbsp; </p><p><br /></p><p>Dimes should be a little cheaper to handle due to their smaller size and lower weight.&nbsp; </p><p><br /></p><p>I suspect if you add in the real costs of making pennies that the cost is actually higher.&nbsp; Much of the payroll is going to employees who are responsible for some aspect of penny production and the die shop wouldn&#039;t have been necessary without the need for thousands of cent dies each year.&nbsp; They spend half their effort making a coin that&#039;s less than worthless and transfer the costs of this onto higher denominations.&nbsp; </p><p><br /></p><p>Of course now they&#039;re geared to making 20 billion coins a year and if they stop the cent then there&#039;s huge idle capacity and this will dramatically affect the costs of the other coins.&nbsp; But this could be mitigated in many ways and the bottom line was, is, and will remain that pennies are a senseless waste of time and resources.&nbsp; </p><p><br /></p><p><br /></p><p><br /></p><p>It was one of your posts that I got this idea.&nbsp; Thanks.&nbsp; I&#039;m sure you&#039;re right.[/QUOTE]</p><p><br /></p>

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