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John Paul
Valued Member
United States
116 Posts |
 Posted 03/11/2010 10:22 pm
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Hello,
I has seen folks mention in passing that some huge amount of dollar coins are not being released to circulation, but instead are being stored somewhere due to low demand. Is this true? Does anyone have any details on this?
Thanks
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AMFCook
Valued Member
United States
312 Posts |
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John Paul
Valued Member
United States
116 Posts |
Posted 03/11/2010 11:01 pm
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Just to clarify, banks near me have plenty - no problem there. I had just heard that the demand from the banks was very much lower than the production from the mint and I wonder if someone can fill in more details.
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adco1149
Valued Member
United States
140 Posts |
Posted 03/11/2010 11:08 pm
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Buy them from the mint, at cost shipping included.
250 coins $250 shipped
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steve199
Pillar Of The Community
United States
1815 Posts |
Posted 03/11/2010 11:12 pm
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What you are saying wouldn't surprise me. That certainly is true of the 2009 nickels and dimes...they haven't made it to the banks.
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SDcoinguy
Pillar Of The Community
United States
776 Posts |
Posted 03/12/2010 01:00 am
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nope, but I did get 2 $25 boxes of the new 2010-d lincln cent! woot woot
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Tim Stroud
Pillar Of The Community
United States
1024 Posts |
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eaglefoot
Pillar Of The Community
USA
5054 Posts |
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Sap
Moderator
Australia
5605 Posts |
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AMFCook
Valued Member
United States
312 Posts |
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jbuck
Moderator
USA
7203 Posts |
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Conder101
Pillar Of The Community
USA
2842 Posts |
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Bryan1315
Moderator
USA
7784 Posts |
Posted 03/12/2010 12:35 pm
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I was going to post the thread about this topic that was on here a month or so ago but see SAP is all over it up there. I don't think they will ever get as many as they are minting to circulate unless they quit making the $1 bill, because people will stick to what they are used to instead of changing just because someone else wants them to especially the Govt.
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Andere
New Member
United States
20 Posts |
Posted 03/12/2010 4:00 pm
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Having spent some time working a till, and having seen a few dollar coins come through, I know from the perspective of my boss at least that dollar coins are disfavored due to their size and weight, and because current till drawers don't have a spot for them. They end up in the quarter slot, which means you have to dig for that 25c the next guy wants in change. They are easier to drop and lose, too. We would send any we had back to the bank at the end of each week.
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John Paul
Valued Member
United States
116 Posts |
Posted 03/13/2010 10:52 am
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Thanks for the replies everyone, and particularly Sap, that was what I was looking for.
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