Seigniorage for Profit

For John, BLUF:  While Uncle Sugar loses money minting pennies he more than makes up for it on dimes and quarters and dollars.

Army Colonel, and PhD, Scott Nestler, while teaching at the Naval Post Graduate School♠ wrote this blog post on seigniorage.  It is a short post, but it tells us that while the US Mint loses money minting pennies and nickels, it more than makes up for it minting dimes, quarters and dollar coins.

Regards  —  Cliff

♠  An Army Officers teaching at the Naval Post Graduate School?  Yes, such exchanges do happen, and they help broaden the education of the student officers.  I wonder if he knows my old roommate from the Air Force Academy, Dr Greg Hildebrandt?  At any rate, Colonel Nestler is currently studying Dead Carl, at the Army War College.  I note he won the MORS Richard H. Barchi Prize, for Excellence in Operations Research, in 2010.  If you have gotten this far, I will inform you that you should be impressed by the Barchi Prize.