Home
Solutions
Products
Pricing
Resources
Request Demo
Start Free
Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo
StateStorm

Weekly Updates

LegiStorm is constantly adding new information on the people, places and reports in our database. In the past week, LegiStorm added:

  • 1315 new people
  • 107 new organizations
  • 1149 new photos
  • 1999 job history records for people in our database
  • 713 education records for people in our database
  • 3184 contact addresses, emails and URLs (LinkedIn, Facebook, etc.)
  • 1 new person through the revolving door
  • 132 new policy reports
  • 15 new trips to our privately funded travel database
  • 356 new personal financial disclosures
  • 9208 new press releases
  • 5 new town halls
  • 37 new hearings

Caught Our Eye Rss

» More from Caught Our Eye
» More from our DevBlog

Financial Institutions: Alternatives to Constructing a New Denver Mint

  Premium   Download PDF Now (56 pages)
Report Type Reports and Testimonies
Report Date Dec. 6, 1976
Report No. LCD-76-458
Subject
Summary:

The need for a new Denver Mint was reviewed following a request by the Bureau of the Mint for $65 million to construct a new mint on the basis that coin demand was increasing. Four different models were used to forecast future coin requirements.

Coin requirements for 1990 range from 17 to 50 billion coins, depending on the forecast model used. The most likely estimate of coin requirements for 1990 is about 41.5 billion coins. About 90 percent of that amount, or 37.6 billion coins, is pennies. In 1990, it will cost about 10.25 cents to add one cent into circulation because of projected increases in demand for copper cents, cent manufacturing and distribution costs, copper prices, and cent attrition rates. The Bureau's estimate of construction costs for a new Denver mint may be too high because: (1) space requirements appear overstated; (2) construction costs were based on Philadelphia Mint construction and include features not needed by the Denver Mint; and (3) escalation for inflation appears to be duplicated.

« Return to search Government Accountability Office reports

HomeAbout Us Contact UsPrivacy PolicyTerms of UseJoin Us
© LegiStorm
LegiStorm
2101 L St. NW, Suite 300
Washington, DC 20037
(202) 360-4172 / congress@legistorm.com