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<p>[QUOTE=&quot;Porsche2007, post: 1206284, member: 3757&quot;]During April of this year, Argentina&#039;s biggest newspaper company (Clarín) published that 50,000 blanks are expected to arrive in &quot;30-day lapses&quot;. The company&#039;s information derives from the licitation form...which is rarely modified. This past May, an agent (Marcos Hayzus) from The Mint of Finland concurred with Clarín&#039;s words about the delivery. Other examples where amounts didn&#039;t change:</p><p>In June of 2009, Argentina called for 200,000,000 blanks to be utilized for the production of 1$ coins. The country specified &quot;60.000&quot; in less than 120 days and, following the first delivery, &quot;35.000&quot; in 30-day lapses...until the culmination of the totality.</p><p>In May of 2008, Argentina called for 77,000,000 blanks to be utilized for the production of 1$ coins. The country specified &quot;17.000&quot; in less than 120 days and, following the first delivery, &quot;6.000&quot; in 30-day lapses...until the culmination of the totality.</p><p><br /></p><p>One should maintain in mind that about 20% of the Argentine population does not live in a populous, &quot;organized&quot; area. The nation doesn&#039;t produce a significant quantity of coins. Some major cities do not longer use coins for the machinery of public transportation. It is a country in development where certain merchandise is still quite cheap to acquire. In numerous areas, one can buy six kilos of vegetables for less than 50 U. S. cents. Throughout the next 70 years, it shouldn&#039;t be necessary to insert more than 30% of 146 million USD in 2$ coins. </p><p>Besides, the use of 50¢ and 1$ coins is still enormously popular within the republic. During the last decade, &quot;2007 was the year when the most quantity of coins was thrown into the market&quot;. The Central Bank declared that, in 2007, 462.9 million coins (of various denominations) were exchanged for bills. Excluding the first article in law 26.179, where difference(s) below 5¢ should go in favor of the consumer, a tremendous amount of vendors doesn&#039;t care about losing some cents. The Central Bank didn&#039;t explain <i>why</i> coins are &quot;missing&quot; from circulation; however, in the black market, one can easily sell 40 pesos in coins for 50 pesos in bills.</p><p>According to the &quot;Communication &#039;A&#039; 4846&quot; that was promulgated by the Central Bank in 2008-09-25, &quot;the entities that don&#039;t subminister at least an amount of $ 20.- (pesos twenty) in coins at demand of the public in general, be or not a client, will be passible of the application of the sanctions established in the Art. 41 of the Law of Financial Entities, previous summary&quot;. Well, various entities don&#039;t respect the previously mentioned words. Last year (while visiting ARG), an HSBC bank and an Itaú bank didn&#039;t give me a single coin. I was arguing (I have Argentine citizenship) with one of the tellers, and he told me: &quot;we don&#039;t adhere ourselves to that, here&quot;. While leaving the bank, the security guard insulted me for &quot;elevating the decibels&quot;.[/QUOTE]</p><p><br /></p>

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