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<p>[QUOTE=&quot;JrCoin, post: 1163848, member: 18390&quot;]<b>seiginiorage</b></p><p><br /></p><p>Thank you for the State Quarter link, it was very helpful.&nbsp; I wasn&#039;t previously knowledgeable of the concept of seigniorage.&nbsp; Apparently neither is my computer, as it insists it is a spelling error!&nbsp; </p><p><br /></p><p>So as I understand it, because a precious metal tends to increase in value to fiat currency, it is a less desirable tool for tax revenue as opposed to clad fiat currency.&nbsp; </p><p><br /></p><p>This however does not change the fact that the United States does produce bullion products.&nbsp; It would seem that seigniorage must occur at some level with these products, particularly something like the new America the Beautiful series.&nbsp; </p><p><br /></p><p>Perhaps we may be seeing state level commemorative tokens aimed towards this goal as well.&nbsp; Personally I would be interested in such products, with the caveat that my collecting goals are primarily bullion based.&nbsp; While I&#039;ll regularly pay higher premiums for &quot;true&quot; collector coins like BU mercs and such, the newer programs need to be closer to spot.&nbsp; Since the silver and gold prices are so volatile, here is an idea:</p><p><br /></p><p>State based collector tokens minted in a sizable bronze or copper planchets.&nbsp; The price is more stable, and copper bullion does have a market where higher premiums are the norm.&nbsp; Does this sound like something you as a collector would support?&nbsp; I would, particularly if they served a higher educational program, like the H.I.P. pocket change program with Statehood quarters.&nbsp; With states like California and Michigan with serious debt problems, this could be a viable part of a larger solution.&nbsp; </p><p><br /></p><p>I like the idea of this as being more of a win/win situation between state and citizen than the lottery programs currently utilized.&nbsp; I&#039;d prefer some intrinsic value over simple gambling when it comes to providing my state with extra revenue.&nbsp; </p><p><br /></p><p>Yes, the budget spending system is not set up to reward frugality.&nbsp; Perhaps if there was a plan for a viable alternative out there in the form of a bill or other legislation we could take the steps towards making the system better instead of just complaining about it.&nbsp; As commodity investors and numismatic enthusiasts we generally share a different outlook towards these issues than the average citizen.&nbsp; I know I don&#039;t have all the answers, but sometimes it&#039;s more important to ask the right questions.[/QUOTE]</p><p><br /></p>

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