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<p>[QUOTE=&quot;Tom B, post: 1516257, member: 11854&quot;]I&#039;ll address a few things here.&nbsp; First, the piece shown in the first post <i>is not a coin, </i> but is rather a privately minted silver round that <i>is not monetized. </i>&nbsp; The ASE, AGE and APE are produced by the Federal government and are monetized, though of course one would be foolish to spend them at their declared values.&nbsp; The assumption of value for the privately minted bullion round depends upon the confidence in the accuracy and truthfulness of the producer, which may leave the piece with limited liquidity.&nbsp; However, the assumption of value for the ASE, AGE and APE depends upon the confidence in the accuracy and truthfulness of the Federal government, which regardless of how unhappy folks might be with the Federal government, it is still regarded with the utmost respect when it comes to the precision of US Mint products.&nbsp; Therefore, the backing of the US government gives the ASE, AGE and APE far more liquidity and additional value when compared to an anonymous, private manufacturer of unknown intent, quality or purity and this difference is reflected in aftermarket price.&nbsp; As for the profits of the US Mint, well, they go into the general funds for the US government and in a very tiny way reduce the need for higher taxes or additional borrowing.[/QUOTE]</p><p><br /></p>

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