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Dollars Out Of Circulation In 2012?

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Author Previous TopicReplies: 4 / Views: 1,913Next Topic  
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ilikeikes's Avatar
United States
1205 Posts
 Posted 12/13/2011  11:13 pm Show Profile   Bookmark this topic Add ilikeikes to your friends list Get a Link to this Message Number of Subscribers
If I heard the nightly news correctly, the Mint will be discontinuing the Presidential dollar as a circulated issue to Collector issue only...1 billion dollars in the vaults prompted the change...this will be interesting to follow...Boom, all of the sudden, the entire series has changed bigtime..2012 mintage numbers will most likely be substantially lower, perhaps in the yearly Kennedy half dollar range of 1-2 million, which went through a similar change in 2003.
What the Mint Officials will do(can you say melt?)with the surplus Dollars is a big unknown...perhaps if they dropped the $12.50 per 250 coin Direct-Shipping Program, many vaulted Dollars COULD get into circulation...the surcharge basically ended any hopes of dollar movement, in my opinion, and, was just the wrong step to take to make amends for frequent-flier purchaser abuse in the early days of "Free Shipping", and, Dollars at cost.
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SteveCaruso's Avatar
United States
1796 Posts
 Posted 12/13/2011  11:21 pm  Show Profile   Bookmark this reply Add SteveCaruso to your friends list Get a Link to this Reply
We're discussing it here: https://goccf.com/t/105005
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cd_god's Avatar
United States
297 Posts
 Posted 12/13/2011  11:28 pm  Show Profile   Bookmark this reply Add cd_god to your friends list Get a Link to this Reply
That's it.

I'm going back to Comic Books.

If you can't trust your local elected offical to protect you're interests who can you trust?
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ilikeikes's Avatar
United States
1205 Posts
 Posted 12/13/2011  11:36 pm  Show Profile   Bookmark this reply Add ilikeikes to your friends list Get a Link to this Reply
Maybe an editor can can this thread, or add it to first one..sorry, I missed it.
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jbuck's Avatar
United States
188213 Posts
 Posted 12/14/2011  2:18 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
No problem. We can lock this one and redirect searchers to this one.
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