Compliments Of The US Mint - Coin Community Forum

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Author	Replies: 9 / Views: 1,048
Pennypusher Valued Member United States 486 Posts	Posted 06/18/2008 6:19 pm Pretty cool offer from the mint! -PP http://www.usmint.gov/mint_programs...n=directShip Report this Post to the Staff

GO Moderator United States 6563 Posts	Posted 06/20/2008 01:52 am Quote: and the United States Mint will pay the standard shipping and handling costs even cooler Report this Post to the Staff
eaglefoot Pillar of the Community United States 6326 Posts	Posted 06/20/2008 08:52 am Yeah....I saw that the other day on the website.......but the thing with me is.....I don't want to buy that many !!.......not even to search through for errors. Report this Post to the Staff
Amazon99 Pillar of the Community United States 2443 Posts	Posted 06/20/2008 8:51 pm Seems like the government is trying really hard to have the Presidential dollars circulate. Report this Post to the Staff
neversuited1 Pillar of the Community United States 1121 Posts	Posted 06/21/2008 03:56 am In my opinion it's not going to happen until they get rid of the dollar note. I know that it is more cost efficient to mint the coin dollar, but seems the general public has an easier time folding a light dollar note with the rest of their bills. You would think the US Mint realizes this as well, so I'm a little confused why they are going to such lengths to circulate the coin. Any ideas? Report this Post to the Staff
jeffreyice1 Valued Member United States 381 Posts	Posted 06/21/2008 04:51 am It's really simple! Since the dollar is being devaluated so much the dollar coin is the new Quarter!! Report this Post to the Staff
pyrbob Rest in Peace United States 1943 Posts	Posted 06/21/2008 06:28 am Thanks Jeffrey, you started my morning with a laugh. Report this Post to the Staff
jeffreyice1 Valued Member United States 381 Posts	Posted 06/21/2008 06:51 am pyrbob: Hope it was a good laugh!? Report this Post to the Staff
Jays-Dad Pillar of the Community United States 790 Posts	Posted 06/21/2008 07:16 am I'm guessing the mint is counting on seignorage on these. If 250 leave the mint, how many become saved. If you buy 250 and save 20, trade 20, then dump the rest, at least 20 more will be picked up by others. I don't have any yet, but if I saw one, I'd save it for sure (of course I would, I'm the collector). I suspect a lot of people would save one if they see one. I think the mint is trying to create a collecting frenzy like the State Quarters, and that isn't possible if every 10 year old does not have access or has never seen one. Seignorage on dollars definitely beats that on quarters! Report this Post to the Staff
neversuited1 Pillar of the Community United States 1121 Posts	Posted 06/22/2008 12:56 am Well put Jays-Dad. That was my thinking as well. More income for the U.S. Mint in collecting frenzies. I think there could be a silver lining in there for the youngster, but just clad for the collector. Report this Post to the Staff
	Replies: 9 / Views: 1,048

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