<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	
	>
<channel>
	<title>
	Comments on: U.S. Mint Production Pace Slows to 767.3 Million Coins in August	</title>
	<atom:link href="https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/feed/" rel="self" type="application/rss+xml" />
	<link>https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/</link>
	<description>CoinNews delivers the latest World and US coin news</description>
	<lastBuildDate>Fri, 18 Oct 2019 02:59:42 +0000</lastBuildDate>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=7.0</generator>
	<item>
		<title>
		By: Vachon		</title>
		<link>https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468957</link>

		<dc:creator><![CDATA[Vachon]]></dc:creator>
		<pubDate>Sat, 28 Sep 2019 11:08:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=72854#comment-468957</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468532&quot;&gt;Vachon&lt;/a&gt;.

I&#039;m still waiting for news of a 2017 &quot;plain&quot; cent to be discovered, made by processes identical to or similar to what gave us 1922 &quot;plain&quot; cents.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468532">Vachon</a>.</p>
<p>I&#8217;m still waiting for news of a 2017 &#8220;plain&#8221; cent to be discovered, made by processes identical to or similar to what gave us 1922 &#8220;plain&#8221; cents.</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: Munzen		</title>
		<link>https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468738</link>

		<dc:creator><![CDATA[Munzen]]></dc:creator>
		<pubDate>Thu, 26 Sep 2019 22:03:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=72854#comment-468738</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468576&quot;&gt;Chas Barber&lt;/a&gt;.

I live in the Northeast and only saw maybe a dozen or so of them. They got snapped up here too, I guess.

I’ve read that so few people now carry cash when traveling that the rate of &quot;mixing&quot; from different mints has tanked. I now rarely find Denver coins around home, and see almost none from Philly when I go the Midwest or farther. Back in the, uh, good old days as a young collector I was able to put together almost complete P-D-S sets of recent-date coins from my parents&#039; change boxes... no more, sadly.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468576">Chas Barber</a>.</p>
<p>I live in the Northeast and only saw maybe a dozen or so of them. They got snapped up here too, I guess.</p>
<p>I’ve read that so few people now carry cash when traveling that the rate of &#8220;mixing&#8221; from different mints has tanked. I now rarely find Denver coins around home, and see almost none from Philly when I go the Midwest or farther. Back in the, uh, good old days as a young collector I was able to put together almost complete P-D-S sets of recent-date coins from my parents&#8217; change boxes&#8230; no more, sadly.</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: Munzen		</title>
		<link>https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468737</link>

		<dc:creator><![CDATA[Munzen]]></dc:creator>
		<pubDate>Thu, 26 Sep 2019 21:52:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=72854#comment-468737</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468636&quot;&gt;c_q&lt;/a&gt;.

Not only are zinc cents poisonous to dogs, they can sicken little kids who also just love to eat &quot;interesting&quot; objects. 

And the &quot;keeping people employed&quot; argument has been used for ages to defend propping up obsolescent products and industries. It’s the main theme used by Crane Paper and its successors when lobbying (so far very successfully) for continued production of that other wasteful piece of US currency, the paper dollar.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468636">c_q</a>.</p>
<p>Not only are zinc cents poisonous to dogs, they can sicken little kids who also just love to eat &#8220;interesting&#8221; objects. </p>
<p>And the &#8220;keeping people employed&#8221; argument has been used for ages to defend propping up obsolescent products and industries. It’s the main theme used by Crane Paper and its successors when lobbying (so far very successfully) for continued production of that other wasteful piece of US currency, the paper dollar.</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: c_q		</title>
		<link>https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468636</link>

		<dc:creator><![CDATA[c_q]]></dc:creator>
		<pubDate>Thu, 26 Sep 2019 05:13:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=72854#comment-468636</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468570&quot;&gt;Jake&lt;/a&gt;.

Yes, nickels are out-of-the-money also (6.2 cents per nickel to produce), but only slightly so compared to the cent.  At least people still use nickels.  

The only winners in cent coin production are the zinc mines and a couple dozen mint employees.  Everyone else loses: it actually costs more in employee time to count out cent coins than they are worth, it costs a lot in fuel to transport them around the country, they are very poisonous to dogs, they pollute the water if they wind up in drains (which they do because nobody picks them up off the street).]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468570">Jake</a>.</p>
<p>Yes, nickels are out-of-the-money also (6.2 cents per nickel to produce), but only slightly so compared to the cent.  At least people still use nickels.  </p>
<p>The only winners in cent coin production are the zinc mines and a couple dozen mint employees.  Everyone else loses: it actually costs more in employee time to count out cent coins than they are worth, it costs a lot in fuel to transport them around the country, they are very poisonous to dogs, they pollute the water if they wind up in drains (which they do because nobody picks them up off the street).</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: Chas Barber		</title>
		<link>https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468576</link>

		<dc:creator><![CDATA[Chas Barber]]></dc:creator>
		<pubDate>Wed, 25 Sep 2019 19:57:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=72854#comment-468576</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468548&quot;&gt;sam tweedy&lt;/a&gt;.

Someone cornered the market it seems.  Here on the West Coast I have yet to see ONE of he billions made with the &quot;P&quot; MM.   Really, what they that someone will pay a buck for them, not likely.  I collected Lincolns but stopped in 2009.  100 years is enuf. Still need the 22 &#039;plain&#039; o&#039;wise I&#039;m fini........]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468548">sam tweedy</a>.</p>
<p>Someone cornered the market it seems.  Here on the West Coast I have yet to see ONE of he billions made with the &#8220;P&#8221; MM.   Really, what they that someone will pay a buck for them, not likely.  I collected Lincolns but stopped in 2009.  100 years is enuf. Still need the 22 &#8216;plain&#8217; o&#8217;wise I&#8217;m fini&#8230;&#8230;..</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: Jake		</title>
		<link>https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468570</link>

		<dc:creator><![CDATA[Jake]]></dc:creator>
		<pubDate>Wed, 25 Sep 2019 18:37:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=72854#comment-468570</guid>

					<description><![CDATA[The one cent coin has a tremendous value. I had the privilege of taking a tour at the Denver Mint yesterday and this subject briefly came up. This article does not state that the cost to produce the nickel is also higher than face value. However the cost to produce the dime, quarter, half dollar, and the one dollar coin are significantly lower than face value. This is a big help to absorb the loss on the one cent coin. I like to think of the one cent coin as job security for the men and women bringing us beautiful coins.]]></description>
			<content:encoded><![CDATA[<p>The one cent coin has a tremendous value. I had the privilege of taking a tour at the Denver Mint yesterday and this subject briefly came up. This article does not state that the cost to produce the nickel is also higher than face value. However the cost to produce the dime, quarter, half dollar, and the one dollar coin are significantly lower than face value. This is a big help to absorb the loss on the one cent coin. I like to think of the one cent coin as job security for the men and women bringing us beautiful coins.</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: c_q		</title>
		<link>https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468551</link>

		<dc:creator><![CDATA[c_q]]></dc:creator>
		<pubDate>Wed, 25 Sep 2019 15:43:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=72854#comment-468551</guid>

					<description><![CDATA[If they stopped making the cent at a loss, maybe they could reduce some of the overpricing on the collector products?  I&#039;m guessing that is how they make the budget work out - 5 billion cent coins this year at 2 cents a piece means they have to find 50 million dollars profit from somewhere to make up for that money loser cent coin.  

There are more than enough cent coins to go around - about 350 billion made since just 1982 when they went to all zinc, which is about 1000 for every single person in the US.  Heck instead of paying the mint 2 cents for each cent, why not ask people to turn them in for a limited time at that same rate?  I bet enough people would be motivated to bring them in that they could easily get several decades worth of production back into the vaults.]]></description>
			<content:encoded><![CDATA[<p>If they stopped making the cent at a loss, maybe they could reduce some of the overpricing on the collector products?  I&#8217;m guessing that is how they make the budget work out &#8211; 5 billion cent coins this year at 2 cents a piece means they have to find 50 million dollars profit from somewhere to make up for that money loser cent coin.  </p>
<p>There are more than enough cent coins to go around &#8211; about 350 billion made since just 1982 when they went to all zinc, which is about 1000 for every single person in the US.  Heck instead of paying the mint 2 cents for each cent, why not ask people to turn them in for a limited time at that same rate?  I bet enough people would be motivated to bring them in that they could easily get several decades worth of production back into the vaults.</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: sam tweedy		</title>
		<link>https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468548</link>

		<dc:creator><![CDATA[sam tweedy]]></dc:creator>
		<pubDate>Wed, 25 Sep 2019 15:39:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=72854#comment-468548</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468532&quot;&gt;Vachon&lt;/a&gt;.

What happened to all the 2017p pennies????]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468532">Vachon</a>.</p>
<p>What happened to all the 2017p pennies????</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: Vachon		</title>
		<link>https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468532</link>

		<dc:creator><![CDATA[Vachon]]></dc:creator>
		<pubDate>Wed, 25 Sep 2019 13:01:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=72854#comment-468532</guid>

					<description><![CDATA[I haven&#039;t seen any BEP production reports for some time now. I think they only released two this year (for February and May). I wonder what&#039;s going on there?]]></description>
			<content:encoded><![CDATA[<p>I haven&#8217;t seen any BEP production reports for some time now. I think they only released two this year (for February and May). I wonder what&#8217;s going on there?</p>
]]></content:encoded>
		
			</item>
		<item>
		<title>
		By: Chas Barber		</title>
		<link>https://www.coinnews.net/2019/09/24/u-s-mint-production-pace-slows-to-767-3-million-coins-in-august/#comment-468409</link>

		<dc:creator><![CDATA[Chas Barber]]></dc:creator>
		<pubDate>Tue, 24 Sep 2019 22:41:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.coinnews.net/?p=72854#comment-468409</guid>

					<description><![CDATA[I think I have &#039;only&#039; like 50,000 @ home... in jars, in cars, on the bars, in my shorts on the tennis courts.  Need a penny next time l00k on the ground......  Zinc mining power!!]]></description>
			<content:encoded><![CDATA[<p>I think I have &#8216;only&#8217; like 50,000 @ home&#8230; in jars, in cars, on the bars, in my shorts on the tennis courts.  Need a penny next time l00k on the ground&#8230;&#8230;  Zinc mining power!!</p>
]]></content:encoded>
		
			</item>
	</channel>
</rss>
