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<p>[QUOTE=&quot;onecenter, post: 1228804, member: 8703&quot;]If the Presidential dollars are reduced to the low numbers that are minted and then rolled for numismatic sales, there will be impact on the Native American versions, which must be minted in a quantity of no less than 20% of the total mintage of all dollar coins.</p><p><br /></p><p>Most likely (or for example), if the only dollar coin versions that are minted are for just numismatic sales, only 8 million Presidential dollars will be minted, 2 million per President broken down to 1 million per Mint, per year.&nbsp; The single annual design of the Native American dollars would also have 2 million total coins, divided evenly between the two Mints employed for circulation coinage.</p><p><br /></p><p>Our coinage system is a relic of a long ago era in the 19th century.&nbsp; If the dollar coin becomes a vestige of numismatic sales, this coin joins the half dollar on the same level of mintage and circulation use.&nbsp; This will leave four coins for circulation, two of which, namely the cent and five-cent coin, having metallic content that exceed their face value.&nbsp; The dime and quarter dollar, with heavy emphasis on the quarter dollar as the workhorse of the coinage system, are the main coins of commerce.&nbsp; Everything else in circulation will be paper in our fiat monetary system.&nbsp; The hard money bullion coins, silver, gold and platinum Eagles, will outstrip the mintage of the two largest denomination coins intended for circulation.</p><p><br /></p><p>This situation, in my mind, makes the coinage system a dysfunctional relic dating back to 1857.[/QUOTE]</p><p><br /></p>

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