Mint begins trial strikes in composition tests

[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.

[68Camaro]

That's not long, especially if the last 6 months of the contract are for production support!

[reddirtcoins]

Thought I posted the link.. Here it is.

http://www.coinworld.com/articles/mint- ... tion-test/

[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."

[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...

[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.

[Hawkeye]

I would do it for 1.2 million.

[madman326]

my tax money flushed down the toilet AGAIN !!!!!!

[Computer Jones]

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!!!

[TXBullion]

I would do it for 1.2 million.

I bid 1.1 M

[AGCoinHunter]

Ok, I will do it for 1 million flat...all to be paid in nickels.

[twentybux]

Ok, I will do it for 1 million flat...all to be paid in nickels.

+1.

[sparechange]

I'm sure they will gladly pay the million with the new steel nicks.

[TXBullion]

900K , preferably old copper pennies but anything works. Just need a weekend to type up my report

[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?

[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=0

https://www.fbo.gov/?s=opportunity&mode ... e&_cview=0

The minst is also shopping around for palladium blanks.

https://www.fbo.gov/?s=opportunity&mode ... e&_cview=0

[tedandcam]

What denomination coin wouldthe tresuary use the pladium blanks for? For bullion coin ,like the eagles?

[currencydebasement]

It looks like a research procurement. They probably want to make some palladium bullion/commems

[NHsorter]

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!

[twentybux]

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!!!