US Mint 2009 Annual Report

Have any of you read the US Mint 2009 Annual Report?



"Our circulating coin production was at a 45-year low with fewer cash transactions because of the slow economy and Americans cashing in coins they'd been saving. We were able to keep our seigniorage margins up through lower metal costs and improvements in the market share of $1 coins among the denominations, but the total amount of seigniorage is the lowest we've seen in 12 years. The Federal Reserve Bank and the United States Mint forecast continued low circulating coin demand for FY 2010."

Full report can be found at
http://www.usmint.gov/about_the_min...nnual_report

No wonder we struggled to find coins and this year might not be any better.

Only positive is the bullion part of its business.

Ken