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<p>[QUOTE="Conder101, post: 202506, member: 66"]My calculations show that the P & D mints could produce the 300 million president dollars using four presses at each mint in 58 working days working two shifts a day. (The mint used to do three shifts, I don't know if they still do.) The real problem that the mints have is not the president dollars but the one cent piece. Something like three quarters of their production capacity is dedicated to striking a coin which has almost no purchasing power, but which costs more than its face value to produce and is then mostly used one time before it disappears into a jar somewhere.</p><p><br /></p><p>Elimination of the cent would free up a tremendous amount of production capacity. This capicity could then be redirected to other coinage allowing it to be struck at a slower speed with no loss of mintage capacity. The added advantage of the slow speed striking would be the possibility of a return to a higher relief design. (The current very low relief is a result of the high speed striking because it does not allow the time for the metal flow into a higher relief design. It takes a certain amout of time for the metal to flow and fill a design, but the current striking speeds are faster than the flow rate.)[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 202506, member: 66"]My calculations show that the P & D mints could produce the 300 million president dollars using four presses at each mint in 58 working days working two shifts a day. (The mint used to do three shifts, I don't know if they still do.) The real problem that the mints have is not the president dollars but the one cent piece. Something like three quarters of their production capacity is dedicated to striking a coin which has almost no purchasing power, but which costs more than its face value to produce and is then mostly used one time before it disappears into a jar somewhere. Elimination of the cent would free up a tremendous amount of production capacity. This capicity could then be redirected to other coinage allowing it to be struck at a slower speed with no loss of mintage capacity. The added advantage of the slow speed striking would be the possibility of a return to a higher relief design. (The current very low relief is a result of the high speed striking because it does not allow the time for the metal flow into a higher relief design. It takes a certain amout of time for the metal to flow and fill a design, but the current striking speeds are faster than the flow rate.)[/QUOTE]
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Pics of Wash Dollar Roll opened
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