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<p>[QUOTE="Conder101, post: 4638026, member: 66"]And also the excuse they used when they tried to pass legislation to make coin collecting illegal. Basically the legislation would have made it illegal to buy or sell ANY coin for more than its face value.</p><p><br /></p><p><br /></p><p>You see that hoard of cents that furryfrog has? Just from what I can see in that picture, that represents the the entire annual coin production from the mint for something like 2,000 people. And he is just one person (and their name is Legion) The mints entire annual production only amounts to abut 50 coins per person. If everyone lays aside ONE coin per week, the entire 19 billion coin production disappears. Now think about this, the average person (who doesn't use plastic for EVERYTHING) probably tosses aside about 6 coins per DAY. If those coins don't get back into circulation that amounts to 25 years worth of production each year, or two years worth every month. Well with a lot of the banks and coinstars etc closed down, those coins aren't getting back into circulation and haven't been for about three months (that's six years worth of coins going one way and not coming back). The banks and the Fed have gone through their stockpiles and pretty much the only thing coming into the pipeline now is that one coin per person per week from the Mint.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 4638026, member: 66"]And also the excuse they used when they tried to pass legislation to make coin collecting illegal. Basically the legislation would have made it illegal to buy or sell ANY coin for more than its face value. You see that hoard of cents that furryfrog has? Just from what I can see in that picture, that represents the the entire annual coin production from the mint for something like 2,000 people. And he is just one person (and their name is Legion) The mints entire annual production only amounts to abut 50 coins per person. If everyone lays aside ONE coin per week, the entire 19 billion coin production disappears. Now think about this, the average person (who doesn't use plastic for EVERYTHING) probably tosses aside about 6 coins per DAY. If those coins don't get back into circulation that amounts to 25 years worth of production each year, or two years worth every month. Well with a lot of the banks and coinstars etc closed down, those coins aren't getting back into circulation and haven't been for about three months (that's six years worth of coins going one way and not coming back). The banks and the Fed have gone through their stockpiles and pretty much the only thing coming into the pipeline now is that one coin per person per week from the Mint.[/QUOTE]
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