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<p>[QUOTE="USS656, post: 187409, member: 6641"]</p><p> </p><p><br /></p><p> </p><p>Ok - silly question - Why does the government issue coins made out of precious metals with very low circulation values? Why not issue them with some amount closer the lowest modern day bullion value (minus a small percentage for wear and tear loss)? </p><p> </p><p>My reason for the question is this - If these coins get any kind of damage on them now, it's almost better to turn them into something else. I would think by increasing the value of the coin if circulated, it would increase the overall value of the coin through the different grades.?.</p><p> </p><p>Right now it seems like the government is keeping with an old tradition that does not fit the current economy. I am sure there are many other reasons.</p><p> </p><p>What do you think and I would love to hear what ND thinks as everyone should and does value his insight into mint topics.</p><p> </p><p>Darryl[/QUOTE]</p><p><br /></p>
[QUOTE="USS656, post: 187409, member: 6641"][COLOR=black][/COLOR] [COLOR=black][/COLOR] Ok - silly question - Why does the government issue coins made out of precious metals with very low circulation values? Why not issue them with some amount closer the lowest modern day bullion value (minus a small percentage for wear and tear loss)? My reason for the question is this - If these coins get any kind of damage on them now, it's almost better to turn them into something else. I would think by increasing the value of the coin if circulated, it would increase the overall value of the coin through the different grades.?. Right now it seems like the government is keeping with an old tradition that does not fit the current economy. I am sure there are many other reasons. What do you think and I would love to hear what ND thinks as everyone should and does value his insight into mint topics. Darryl[/QUOTE]
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