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Mint begins trial strikes in composition tests
Posted:
Wed Jan 18, 2012 7:45 am
by reddirtcoins
Well, we have a little more time to collect the US nickel.
The alternative metals study is being coordinated with the Mint by Concurrent Technologies Corp., under a $1.5 million contract awarded to CTC on Aug. 24, 2011. The contract runs through June 30, 2013.
Re: Mint begins trial strikes in composition tests
Posted:
Wed Jan 18, 2012 9:48 am
by 68Camaro
That's not long, especially if the last 6 months of the contract are for production support!
Re: Mint begins trial strikes in composition tests
Posted:
Wed Jan 18, 2012 11:00 am
by reddirtcoins
Re: Mint begins trial strikes in composition tests
Posted:
Wed Jan 18, 2012 11:10 am
by barrytrot
Can you imagine being lucky enough to get 1.5 million to write a 20 page document explaining that:
"Paying less for raw materials is good."
Re: Mint begins trial strikes in composition tests
Posted:
Wed Jan 18, 2012 12:00 pm
by Bluegill
What a waste, so typical. Why do we need to spend 1.5 million to research this..? The Canadians already did that and came to the conclusion plated Fe was the way to go. Why can't the U.S. learn from their work and just adopt their technology here and get it over with.
I bet if we did some digging, we'll find that the decision makers at the mint have some friends/family over at CTC...
Re: Mint begins trial strikes in composition tests
Posted:
Wed Jan 18, 2012 3:27 pm
by JadeDragon
But that would involve the US actually following some other lesser country's ideas. Better that the US get a contractor to research this mystery. $1.5 million seems like a bargain though - I would expect this to be a $20 million+ contract.
Re: Mint begins trial strikes in composition tests
Posted:
Wed Jan 18, 2012 6:41 pm
by Hawkeye
I would do it for 1.2 million.
Re: Mint begins trial strikes in composition tests
Posted:
Wed Jan 18, 2012 6:46 pm
by madman326
my tax money flushed down the toilet AGAIN !!!!!!
Re: Mint begins trial strikes in composition tests
Posted:
Wed Jan 18, 2012 7:27 pm
by Computer Jones
Bluegill wrote:What a waste, so typical. Why do we need to spend 1.5 million to research this..? The Canadians already did that and came to the conclusion plated Fe was the way to go. Why can't the U.S. learn from their work and just adopt their technology here and get it over with.
I bet if we did some digging, we'll find that the decision makers at the mint have some friends/family over at CTC...
Now you did it, you just got on "the list", listen carefully for "static" on your next phone call.
It's the modern American way to research and prove the Canuks might possibly be doing something properly and saving money at the same time.
If we're lucky the US mint may follow the lead in under 10 years.
Hoard now while the hoarding's good!!!
Re: Mint begins trial strikes in composition tests
Posted:
Wed Jan 18, 2012 7:48 pm
by TXBullion
Hawkeye wrote:I would do it for 1.2 million.
I bid 1.1 M
Re: Mint begins trial strikes in composition tests
Posted:
Thu Jan 19, 2012 11:23 am
by AGCoinHunter
Ok, I will do it for 1 million flat...all to be paid in nickels.
Re: Mint begins trial strikes in composition tests
Posted:
Thu Jan 19, 2012 5:11 pm
by twentybux
AGCoinHunter wrote:Ok, I will do it for 1 million flat...all to be paid in nickels.
+1.
Re: Mint begins trial strikes in composition tests
Posted:
Thu Jan 19, 2012 8:25 pm
by sparechange
I'm sure they will gladly pay the million with the new steel nicks.
Re: Mint begins trial strikes in composition tests
Posted:
Thu Jan 19, 2012 8:33 pm
by TXBullion
900K , preferably old copper pennies but anything works. Just need a weekend to type up my report
Re: Mint begins trial strikes in composition tests
Posted:
Thu Jan 19, 2012 9:31 pm
by bman
I will save the American taxpayers the burden of paying for the study...here is my report:
Copper & nickel = expensive
Steel = cheap
so, when do we get to start melting our nickels & copper cents?
Re: Mint begins trial strikes in composition tests
Posted:
Thu Jan 19, 2012 11:19 pm
by currencydebasement
Here are links to the "Sources Sought." I could not find the award or any kind of solicitation. Maybe it was awarded via FSS?
https://www.fbo.gov/?s=opportunity&mode ... e&_cview=0https://www.fbo.gov/?s=opportunity&mode ... e&_cview=0The minst is also shopping around for palladium blanks.
https://www.fbo.gov/?s=opportunity&mode ... e&_cview=0
Re: Mint begins trial strikes in composition tests
Posted:
Fri Jan 20, 2012 10:26 am
by tedandcam
What denomination coin wouldthe tresuary use the pladium blanks for? For bullion coin ,like the eagles?
Re: Mint begins trial strikes in composition tests
Posted:
Fri Jan 20, 2012 10:42 am
by currencydebasement
It looks like a research procurement. They probably want to make some palladium bullion/commems
Re: Mint begins trial strikes in composition tests
Posted:
Fri Jan 20, 2012 11:18 am
by NHsorter
sparechange wrote:I'm sure they will gladly pay the million with the new steel nicks.
No, They would much prefer to pay you in all of those dollar coins they have laying around!
Re: Mint begins trial strikes in composition tests
Posted:
Fri Jan 20, 2012 8:06 pm
by twentybux
NHsorter wrote:sparechange wrote:I'm sure they will gladly pay the million with the new steel nicks.
No, They would much prefer to pay you in all of those dollar coins they have laying around!
Now that is funny!!!