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<p>[QUOTE=&quot;Conder101, post: 26223918, member: 66&quot;]No reason to explore new compositions for the dime and up yet, they are still comfortably profitable.&nbsp; They have already been researching for a new material for the five cent for about 12 years now.&nbsp; So far the study, which issues a report of their findings every two years, has cost around $18 million.&nbsp; I don&#039;t know how many millions they will spend before they finally admit that it can&#039;t be done.&nbsp; they need for any new material coins to be the same size (diameter and thickness) and the same weight so they can operate vending machines and work in all coin handling equipment without pre-separation into the different compositions, and it can&#039;t be magnetic.&nbsp; It also has to strike up well.&nbsp; </p><p><br /></p><p>During the early years they did have one material that met all the criteria, 80% copper 20% nickel that could be produced for 4.99 cents each.&nbsp; But Copper, Nickel, and manufacturing cost have all increased since then.&nbsp; Right now the manufacturing cost probably exceed 2 cents each, so it would be pretty much impossible to find a metal cheap enough to get the final cost in under 5 cents each.[/QUOTE]</p><p><br /></p>

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