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<p>[QUOTE="Just Carl, post: 171360, member: 4552"]justafarmer is basically correct in ascertations of where cost come from and go. Please note the cost of making coins or currency is ambiguous to say the least. The cost reported are lacking the basic expendatures that one would occur if in buisness to make anything. For example if you owned a business making bolts. You would have to have a building, machinery, personal, taxes on the building, building and office maintenace, washrooms, water bills, phone bills, gas bills, electric bills, desks, bookcases, filing cabinets, computers and on and on and on. Then there is insurances for the buisness, yourself, personal, etc. Then naturally there is the material to make the bolts, the shipping of the metal to you and the shipping of the bolts out. ALL of the above would have to come out of the profits of your sale of bolts. </p><p>Not so with our Mint. Almost all of the above is paid for with our tax dollars and not included in the cost of productions of coins or currency. </p><p>IF our government included all of the above in the cost of our monitary system, a cent would probably cost a few hundred dollars.[/QUOTE]</p><p><br /></p>
[QUOTE="Just Carl, post: 171360, member: 4552"]justafarmer is basically correct in ascertations of where cost come from and go. Please note the cost of making coins or currency is ambiguous to say the least. The cost reported are lacking the basic expendatures that one would occur if in buisness to make anything. For example if you owned a business making bolts. You would have to have a building, machinery, personal, taxes on the building, building and office maintenace, washrooms, water bills, phone bills, gas bills, electric bills, desks, bookcases, filing cabinets, computers and on and on and on. Then there is insurances for the buisness, yourself, personal, etc. Then naturally there is the material to make the bolts, the shipping of the metal to you and the shipping of the bolts out. ALL of the above would have to come out of the profits of your sale of bolts. Not so with our Mint. Almost all of the above is paid for with our tax dollars and not included in the cost of productions of coins or currency. IF our government included all of the above in the cost of our monitary system, a cent would probably cost a few hundred dollars.[/QUOTE]
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