Message:

<p>[QUOTE=&quot;Conder101, post: 1411677, member: 66&quot;]The cent currently costs 2.4 cents each to make.&nbsp; The cost of materials is .4 cents of that.&nbsp; Labor and overhead is 2 cents.&nbsp; No matter what you change the composition to the labor and overhead means a loss of at least one cent for every cent made plus the loss of the cost of materials.&nbsp; So unless they can come up with a material that someone will pay US 2 cents apiece to use, you aren&#039;t going to stop losing money on cents.</p><p><br /></p><p><br /></p><p>It might affect them but I&#039;m not sure how.&nbsp; Other than dollar coins to Ecuador we don&#039;t export our coinage, at least not in bulk. East Timor has their own coinage, Ecuador it&#039;s own cent type coin, and Panama has it&#039;s own coins but they have dumped anything smaller than the quarter Balboa (cent, 5 cent, and dime are gone).[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in