New bipartisan bill would let the U.S. Mint alter metal content of coins to save $

[Down1]

A pair of senators will introduce a bill to authorize the U.S. Mint to alter the metal content of coins in order to save taxpayers money.
GOP Sen. Joni Ernst, of Iowa, and Democratic Sen. Maggie Hassan, of New Hampshire, seek to cut the soaring cost of minting America’s quarters, dimes, nickels and pennies.
A new report from the U.S. Mint revealed that in 2022, costs for raw metals drove the price of minting a single nickel past 10 cents, or more than double the value of the coin itself.

https://www.cnbc.com/2023/04/20/senators-to-introduce-bill-allowing-us-mint-to-alter-coins-metal-content.html

[ziero0]

A rumor has it that negotiations are in process with Alka Seltzer to convert them to coins. They disappear when liquidated.

[monty]

https://www.cnbc.com/2023/04/20/senators-to-introduce-bill-allowing-us-mint-to-alter-coins-metal-content.html

The Coinage Act of 1792 set the value of United States coins, The Dollar 371 1/4 grains of fine silver

The Act authorized production of the following coins:[6] (https://en.wikipedia.org/wiki/Coinage_Act_of_1792#cite_note-6)


Eagles (https://en.wikipedia.org/wiki/Eagle_(United_States_coin))
$10.00
247+4⁄8 grain (https://en.wikipedia.org/wiki/Grain_(measure)) (16.04 g) pure or 270 grain (17.5 g) standard gold (https://en.wikipedia.org/wiki/Gold)


Half eagles (https://en.wikipedia.org/wiki/Half_eagle)
$5.00
123+6⁄8 grain (8.02 g) pure or 135 grain (8.75 g) standard gold


Quarter eagles (https://en.wikipedia.org/wiki/Quarter_eagle)
$2.50
61+7⁄8 grain (4.01 g) pure or 67+4⁄8 grain (4.37 g) standard gold


Dollars (https://en.wikipedia.org/wiki/Dollar_coin_(United_States)) or Units
$1.00
371+4⁄16 grain (24.1 g) pure or 416 grain (27.0 g) standard silver (https://en.wikipedia.org/wiki/Silver)


Half dollars (https://en.wikipedia.org/wiki/Half_dollar_(United_States_coin))
$0.50
185+10⁄16 grain (12.0 g) pure or 208 grain (13.5 g) standard silver


Quarter dollars (https://en.wikipedia.org/wiki/Quarter_(United_States_coin))
$0.25
92+13⁄16 grain (6.01 g) pure or 104 grains (6.74 g) standard silver


Dismes (https://en.wikipedia.org/wiki/Dime_(United_States_coin))
$0.10
37+2⁄16 grain (2.41 g) pure or 41+3⁄5 grain (2.70 g) standard silver


Half dismes (https://en.wikipedia.org/wiki/Half_dime)
$0.05
18+9⁄16 grain (1.20 g) pure or 20+4⁄5 grain (1.35 g) standard silver


Cents (https://en.wikipedia.org/wiki/Penny_(United_States_coin)) or Pennies
$0.01
11 pennyweights (https://en.wikipedia.org/wiki/Pennyweight) (17.1 g) of copper (https://en.wikipedia.org/wiki/Copper)


Half cents (https://en.wikipedia.org/wiki/Half_cent_(United_States_coin))
$0.005
5+1⁄2 pennyweights (8.55 g) of copper

[ziero0]

The Coinage Act of 1792 set the value of United States coins, The Dollar 371 1/4 grains of fine silver

The Act authorized production of the following coins:[6] (https://en.wikipedia.org/wiki/Coinage_Act_of_1792#cite_note-6)


Eagles (https://en.wikipedia.org/wiki/Eagle_(United_States_coin))
$10.00
247+4⁄8 grain (https://en.wikipedia.org/wiki/Grain_(measure)) (16.04 g) pure or 270 grain (17.5 g) standard gold (https://en.wikipedia.org/wiki/Gold)


Half eagles (https://en.wikipedia.org/wiki/Half_eagle)
$5.00
123+6⁄8 grain (8.02 g) pure or 135 grain (8.75 g) standard gold


Quarter eagles (https://en.wikipedia.org/wiki/Quarter_eagle)
$2.50
61+7⁄8 grain (4.01 g) pure or 67+4⁄8 grain (4.37 g) standard gold


Dollars (https://en.wikipedia.org/wiki/Dollar_coin_(United_States)) or Units
$1.00
371+4⁄16 grain (24.1 g) pure or 416 grain (27.0 g) standard silver (https://en.wikipedia.org/wiki/Silver)


Half dollars (https://en.wikipedia.org/wiki/Half_dollar_(United_States_coin))
$0.50
185+10⁄16 grain (12.0 g) pure or 208 grain (13.5 g) standard silver


Quarter dollars (https://en.wikipedia.org/wiki/Quarter_(United_States_coin))
$0.25
92+13⁄16 grain (6.01 g) pure or 104 grains (6.74 g) standard silver


Dismes (https://en.wikipedia.org/wiki/Dime_(United_States_coin))
$0.10
37+2⁄16 grain (2.41 g) pure or 41+3⁄5 grain (2.70 g) standard silver


Half dismes (https://en.wikipedia.org/wiki/Half_dime)
$0.05
18+9⁄16 grain (1.20 g) pure or 20+4⁄5 grain (1.35 g) standard silver


Cents (https://en.wikipedia.org/wiki/Penny_(United_States_coin)) or Pennies
$0.01
11 pennyweights (https://en.wikipedia.org/wiki/Pennyweight) (17.1 g) of copper (https://en.wikipedia.org/wiki/Copper)


Half cents (https://en.wikipedia.org/wiki/Half_cent_(United_States_coin))
$0.005
5+1⁄2 pennyweights (8.55 g) of copper



Or Spanish milled dollars aka pieces of 8

[monty]

Or Spanish milled dollars aka pieces of 8
That was the official United States Dollar under the Articles of Confederation and the US of A until 1792.