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<p>[QUOTE=&quot;Blaubart, post: 1724697, member: 37498&quot;]This is making less and less sense, or I&#039;m getting more and more confused.</p><p><br /></p><p>You refer to a decrease in the Mint&#039;s seignoirage profits between 2011 and 2012 of $386M, but who&#039;s to say that is all a result of the discontinuation of the production of the dollar coin for circulation?&nbsp; Also, what were the figures on the seignoirage profits for the Bureau of Printing and Engraving during that same period?&nbsp; What would these numbers have been had they built the warehouse and continued producing the dollar coin for circulation?&nbsp; In order to dump $1 billion in new $1 coins into the economy, then $1 billion in new $1 bills that would otherwise have been introduced into circulation would not.&nbsp; I suspect the short term cost of printing $1 bills is less than minting $1 coins.</p><p><br /></p><p>Also, in one post you&#039;re referring to future production, and then in your latest post you&#039;re referring to coins that were already produced and are in storage.&nbsp; I do understand they didn&#039;t &quot;have to make more dollar notes to &#039;replace&#039; them&quot;, but they did and there was a seignoirage profit associated with that production.&nbsp; It is misleading to only refer to the loss of not putting the dollar coins into circulation without offsetting that by the gains realized by putting dollar bills into circulation.</p><p><br /></p><p>Also consider that some of the money going into circulation is merely replacing worn out money coming out of circulation, so it isn&#039;t all &quot;profit&quot;.</p><p><br /></p><p>IMHO - The only relevant numbers to consider long term are the cost differences in producing the dollar bill and the dollar coin, and the longevity of each in circulation.[/QUOTE]</p><p><br /></p>

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