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<p>[QUOTE=&quot;mackwork, post: 1411819, member: 35676&quot;]I had never considered the impact on the other denominations:</p><p><br /></p><p><span style="color: #0000cd"><font face="Lucida Grande">&quot;Now, its fate seems driven by the Mint’s accounting analysis as much as metal cost. The current cost of the cent is 2.41 cents apiece; the nickel’s cost is, by the same calculations about 11.8 cents. (The dime and quarter costs still are well below face value and sunk costs right now – but that would change if the cent were eliminated.</font></span></p><p><span style="color: #0000cd"><br /></span></p><p><span style="color: #0000cd"><font face="Lucida Grande">That’s because the Mint calculates the cost of making a cent (or any other coin) to include amortizing the cost of its physical plant, die shop and all aspects of production and maintaining a mint over the total number of coins produced annually. Eliminate the five billion cents made each year and the Mint is suddenly amortizing its fixed costs against fewer coins. That will put upward pressure on dime and quarter costs. The accounting analysis is maddening, because in its zeal to include all costs, it lacks focus on the practical need in the economy for pocket change.&quot;</font></span><span style="color: #333333"><font face="Lucida Grande"></font></span></p><p><span style="color: #333333"><font face="Lucida Grande"><br /></font></span></p><p><span style="color: #333333"><font face="Lucida Grande"></font></span><a href="http://www.numismaster.com/ta/numis/Article.jsp?ad=article&amp;ArticleId=25027&amp;et_mid=548192&amp;rid=233391118" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.numismaster.com/ta/numis/Article.jsp?ad=article&amp;ArticleId=25027&amp;et_mid=548192&amp;rid=233391118" rel="nofollow">http://www.numismaster.com/ta/numis/Article.jsp?ad=article&amp;ArticleId=25027&amp;et_mid=548192&amp;rid=233391118</a></p><p><a href="http://www.numismaster.com/ta/numis/Article.jsp?ad=article&amp;ArticleId=25027&amp;et_mid=548192&amp;rid=233391118" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.numismaster.com/ta/numis/Article.jsp?ad=article&amp;ArticleId=25027&amp;et_mid=548192&amp;rid=233391118" rel="nofollow"><br /></a></p><p><a href="http://www.numismaster.com/ta/numis/Article.jsp?ad=article&amp;ArticleId=25027&amp;et_mid=548192&amp;rid=233391118" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.numismaster.com/ta/numis/Article.jsp?ad=article&amp;ArticleId=25027&amp;et_mid=548192&amp;rid=233391118" rel="nofollow"></a>[/QUOTE]</p><p><br /></p>

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