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<p>[QUOTE="davidh, post: 399062, member: 15062"]It's getting to be like the B.E.P. and postage stamps. It used to be that there was a standard issue of Definitive stamps used for everyday postage; along with that, every year five or six Commerative stamps were issued to commerate a very narrow list of people, subjects, events, etc. </p><p><br /></p><p>Then, in the 80's the B.E.P. realized that they had a cash cow by the tail and started issuing commeratives for everything under the sun. These were being issued for collectors only and had little use as actual postage. If you wanted to complete year sets you had to buy the junk along with the real ones. </p><p><br /></p><p>This is what the mint is doing now with the dollar coins, quarters, nickels, with the cents and dimes probably not far behind. These coins have nothing at all to do with general money; they are being minted with the idea that they will be taken out of circulation and collected. It's done for the profit of the mint, not for the convenience of the public.</p><p><br /></p><p>Gold is another case. Gold coins are being minted with no idea that they will ever be used for commerce. The mint is doing nothing more than selling bullion at greatly inflated prices.[/QUOTE]</p><p><br /></p>
[QUOTE="davidh, post: 399062, member: 15062"]It's getting to be like the B.E.P. and postage stamps. It used to be that there was a standard issue of Definitive stamps used for everyday postage; along with that, every year five or six Commerative stamps were issued to commerate a very narrow list of people, subjects, events, etc. Then, in the 80's the B.E.P. realized that they had a cash cow by the tail and started issuing commeratives for everything under the sun. These were being issued for collectors only and had little use as actual postage. If you wanted to complete year sets you had to buy the junk along with the real ones. This is what the mint is doing now with the dollar coins, quarters, nickels, with the cents and dimes probably not far behind. These coins have nothing at all to do with general money; they are being minted with the idea that they will be taken out of circulation and collected. It's done for the profit of the mint, not for the convenience of the public. Gold is another case. Gold coins are being minted with no idea that they will ever be used for commerce. The mint is doing nothing more than selling bullion at greatly inflated prices.[/QUOTE]
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