Message:

<p>[QUOTE=&quot;yakpoo, post: 1101899, member: 18157&quot;]How do you think the world operated 50 years ago...back when coins had value? The world still operated on supply and demand. </p><p>&nbsp;</p><p>If Product-X raised its price from 5¢ to 6¢ and Product-Y stayed at 5¢, there had better be something other than price to get the consumer to choose Product-X (more product, higher quality...something!) or Product-X would sit on the shelf.</p><p>&nbsp;</p><p>The same is true today, but instead of the products being 5¢ vs. 6¢ they&#039;re now $1.00 vs. $1.20...how much is a penny really worth today?</p><p>&nbsp;</p><p><b>Question:</b> When you leave the house each day, do you return with more, less, or about the same amount of coins in your pocket? ...assuming you pay cash for everything. (Answer: <b>More</b>) </p><p>&nbsp;</p><p><b>Question:</b> When was the last time you were at the movie theater and paid the $10+ it costs for snacks...with change? (Answer: <b>Never</b>) </p><p>&nbsp;</p><p>Fifty years ago, coins were minted in the tens of millions...today they&#039;re minted in the multiple Billions! Yet, the US population has only doubled in size...Hmmmm. Why do you suppose? ...it&#039;s because no one spends their change; they just hoard it in coin jars...because it has no value!</p><p>&nbsp;</p><p>Fifty years ago kids never carried paper money...we all had these little rubber coins holders they gave away for free at gas stations and everything we needed cost less than a buck.</p><p>&nbsp;</p><p>The Mint&#039;s charter is to produce &quot;Coins for Commerce&quot;...commerce means &quot;buying&quot; things. We need to get rid of these cheap-azz coins and get some new ones with some real purchasing power. Might get folks more interested in coin collecting, as a result. :thumb:[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in