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<p>[QUOTE="Midas, post: 132887, member: 2761"]I believe the mint should mint no more than a billion cents (500 million from both Denver and Philadelphia). </p><p><br /></p><p>#2. With the advent of CoinStar machines and others, I am seeing people at my local grocery store dumping buckets of loose change in exchange for larger bills <u>ALL OF THE TIME</u>. I have to believe that more and more coinage is circulating <u>back</u> into the economy instead of sitting in a dresser drawer. For me, everytime I fill up my bucket, I take it to one of these machines...it buys a nice evening out.</p><p><br /></p><p><i>[BTW...I still look at my change before I dump it in the bucket]</i></p><p><br /></p><p>#3. Coinstar makes a nice profit on this deal (what is it? 8%??), but if you look at the time it takes for us to stack and roll coins, it is well worth it. If I were Coinstar, I would market in places like colleges and high schools where everybody is watching their pennies. Shoot...a bag of change may buy a pizza when you have the munchies! Actually, what a concept they have! They are not selling anything...they are buying "stuff" that is just sitting in a pickle jar.</p><p><br /></p><p>#4). If you don't want the cash...DONATE the funds to your favorite charity and take the write-off. Bottom line, do something with this loose change!</p><p><br /></p><p>#5). I hope the cent hangs around as all of my cents add up to real dollars. Is it necessary for the mint to make 5 or 6 billion of these units per year when most are not circulating back into the marketplace? I doubt it.[/QUOTE]</p><p><br /></p>
[QUOTE="Midas, post: 132887, member: 2761"]I believe the mint should mint no more than a billion cents (500 million from both Denver and Philadelphia). #2. With the advent of CoinStar machines and others, I am seeing people at my local grocery store dumping buckets of loose change in exchange for larger bills [U]ALL OF THE TIME[/U]. I have to believe that more and more coinage is circulating [U]back[/U] into the economy instead of sitting in a dresser drawer. For me, everytime I fill up my bucket, I take it to one of these machines...it buys a nice evening out. [I][BTW...I still look at my change before I dump it in the bucket][/I] #3. Coinstar makes a nice profit on this deal (what is it? 8%??), but if you look at the time it takes for us to stack and roll coins, it is well worth it. If I were Coinstar, I would market in places like colleges and high schools where everybody is watching their pennies. Shoot...a bag of change may buy a pizza when you have the munchies! Actually, what a concept they have! They are not selling anything...they are buying "stuff" that is just sitting in a pickle jar. #4). If you don't want the cash...DONATE the funds to your favorite charity and take the write-off. Bottom line, do something with this loose change! #5). I hope the cent hangs around as all of my cents add up to real dollars. Is it necessary for the mint to make 5 or 6 billion of these units per year when most are not circulating back into the marketplace? I doubt it.[/QUOTE]
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Difference Between Lincoln Cent Folder & Lincoln Memorial Folder
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