Idea for the US Mint

How about if one in every 1000 dimes, quarters, and half dollars (in collector rolls and bags) the US mint struck for circulation is 90 percent silver? This will make coin roll hunting as a hobby explode, and I don't think the US mint would lose money if it was just 1 in every 1000 coins. I don't know if the silver price would plummet even further, so discuss.

 

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They make more money selling silver proof sets.

 

Why? There is nothing wrong with having ideas. Internet use, as we know it, happened because of Gates and Job's lofty ideas. It's just that current laws won't allow your idea to happen.

 

It wouldn't be worth it. What would be 1/1000th of 1 billion dimes (@.07234ozs.), 1/1000th of 250 million quarters (@.18084ozs.) and 1/1000th of 2 million half dollars (@.36169ozs.)? On top of the added cost for silver, the process of inserting one coin into each bag and roll would be cost prohibitive.

Chris

 

Sure the mint mints whatever they want to mint! If they didn't, the owner of the San Francisco Mint would have never gotten away with the 1894-S Barber dimes, and the Philadelphia Mint would have never made the 1913 Liberty Head Nickels.

 

Mint employee, not owner.......and BTW, no one owns the US Mint.........

 

As a collector of coins I would love this. You would never know when you could get a silver coin in a new roll of coins. Just do it.

 

Technically we all do

 

They're all fired.

 

take all dead presidents off our circulating coins and get rid of pennies

 

In the 19th c there was all kinds of clandestine operations at the us mint how we got the type 2 and 3 1804 dollars the 84-5 trade dollars and all kinds of other rarities. By the 20th c the government cracked down on it in a major way especially the 1933 $20s

 

Good idea for a private industry operation but we all know the US Mint is a government entity and is not about to do anything of the people, for the people, or by the people. The only people who get special favors from the US Mint are political operatives and their cohorts. Besides, the US Mint has gotten so secretive nowadays they may as well be run by the NSA.

 

I agree that putting political persons on our currency was a bad idea, but I would rather have a picture of a dead president on our currency than an image of a living president.

 

good thing the law doesn't allow living people on coins because I totally agree with you on that one.[/QUOTE]

 

I say go back to having stylized images of lady liberty. Wouldn't you rather look at a pretty woman then some old dead dude!

 

This.
It's for the same reason that the mint makes an effort to prevent errors and varieties from getting into circulation.
It'll never happen.

 

"take all dead presidents off our circulating coins and get rid of pennies"

This plus strike proofs in high relief.