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<p>[QUOTE="19Lyds, post: 1162101, member: 15929"]Absolutely!</p><p> </p><p>When the US Mint produces a quarter, it costs them less than 8 cents yet they recieve a 25 cent credit from the Federal Reserve Bank. Thats close to a 200% profit. </p><p> </p><p><a href="http://www.usmint.gov/faqs/circulating_coins/index.cfm?action=faq_circulating_coin" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.usmint.gov/faqs/circulating_coins/index.cfm?action=faq_circulating_coin" rel="nofollow">http://www.usmint.gov/faqs/circulating_coins/index.cfm?action=faq_circulating_coin</a></p><p> </p><p>I would guess that shipping the coin to the rollers and packagers along with the paper to roll them and the cardboard and plastic to package them doesn't add more than a nickel per coin to that cost yet the collecting consumer is charged more than double face value for these coins.</p><p> </p><p>And let's talk about the ATB quarters for a second.</p><p> </p><p>When the Statehood Quarters came out, boxes specific to each state could be ordered by member Federal Reserve Banks upon the coins release. This made the "product" available to the public at face value by the box or roll.</p><p> </p><p>The America the Beautiful Quarters™ are run under different rules and as such member banks CANNOT order specific parks as they are released. The ONLY way to obtain a full roll of these coins at face value is either by attending the release ceremony or by getting "lucky" at the bank as the coins are released to member banks generically and most are mixed in with other coins.</p><p> </p><p>The US Mint has a "monopoly" on a ready availability of BU rolls and they are charging the collecting community a hefty premium to obtain them. That premium is a HUGE profit margin.</p><p> </p><p>As an after thought, I don;t believe for a second that the subcontractor (PBGS) that the US Mint uses actually "sets" the price for these products. They simply act as a warehouse that distributes the product as an official agent of the US Mint.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1162101, member: 15929"]Absolutely! When the US Mint produces a quarter, it costs them less than 8 cents yet they recieve a 25 cent credit from the Federal Reserve Bank. Thats close to a 200% profit. [URL]http://www.usmint.gov/faqs/circulating_coins/index.cfm?action=faq_circulating_coin[/URL] I would guess that shipping the coin to the rollers and packagers along with the paper to roll them and the cardboard and plastic to package them doesn't add more than a nickel per coin to that cost yet the collecting consumer is charged more than double face value for these coins. And let's talk about the ATB quarters for a second. When the Statehood Quarters came out, boxes specific to each state could be ordered by member Federal Reserve Banks upon the coins release. This made the "product" available to the public at face value by the box or roll. The America the Beautiful Quarters™ are run under different rules and as such member banks CANNOT order specific parks as they are released. The ONLY way to obtain a full roll of these coins at face value is either by attending the release ceremony or by getting "lucky" at the bank as the coins are released to member banks generically and most are mixed in with other coins. The US Mint has a "monopoly" on a ready availability of BU rolls and they are charging the collecting community a hefty premium to obtain them. That premium is a HUGE profit margin. As an after thought, I don;t believe for a second that the subcontractor (PBGS) that the US Mint uses actually "sets" the price for these products. They simply act as a warehouse that distributes the product as an official agent of the US Mint.[/QUOTE]
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