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Has the US Gov put themselves in the trick bag?
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<p>[QUOTE="mikenoodle, post: 265794, member: 307"]While mulling over Elaine's dollar coin mintage figures, I had this thought:</p><p><br /></p><p>With the provision in the authorizing legislation for the Pres Dollars, the government has committed to making 1 Sac Dollar for every Pres Dollar. This year the amount of dollar coins minted is absolutely staggering! History says that as the number of a particular denomination in banking system vaults mounts, typically the mint will make fewer of them the following year.</p><p><br /></p><p>This may not be possible with these coins due to the mandate. I don't think that the mint will be willing to mint the Pres Dollars to anything but demand, and as they do, the Sac count gets higher and higher, or if they decide that the banking system can't hold any more (what I am sure will be a highly poltical decision)... BINGO!!! instant rarity!!! </p><p><br /></p><p>Is one or the other outcome inevitable????[/QUOTE]</p><p><br /></p>
[QUOTE="mikenoodle, post: 265794, member: 307"]While mulling over Elaine's dollar coin mintage figures, I had this thought: With the provision in the authorizing legislation for the Pres Dollars, the government has committed to making 1 Sac Dollar for every Pres Dollar. This year the amount of dollar coins minted is absolutely staggering! History says that as the number of a particular denomination in banking system vaults mounts, typically the mint will make fewer of them the following year. This may not be possible with these coins due to the mandate. I don't think that the mint will be willing to mint the Pres Dollars to anything but demand, and as they do, the Sac count gets higher and higher, or if they decide that the banking system can't hold any more (what I am sure will be a highly poltical decision)... BINGO!!! instant rarity!!! Is one or the other outcome inevitable????[/QUOTE]
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